Startups

Y Combinator, the startup accelerator that has launched the likes of Instacart, Stripe and Airbnb, has broadened its investing lens in recent years, backing companies all over Africa and India, and beyond. As the tech downturn has continued, though, Y Combinator has shrunk its cohort size, stepped

Today, Y Combinator's latest startup cohort will kick off a two-day presentation cycle. The Exchange loves a demo day, so we keep an eye on accelerators as best we can. We recently covered the latest concerning YC’s rival group Techstars' geographic footprint as well. As we wait for t

Mozart Data came out of the Summer 2020 Y Combinator cohort with an idea to provide a data stack in a box for companies. Since then, it has raised $19 million and attracted 100 customers, but the founders recognize that to attract new users to the platform, especially in today's economic enviro

It's usually third-world countries that frequently say they're experiencing a “brain drain” — the bleeding of talent to other countries or parts of the world. But it seems now the United States is the one seeing talent fleeing to other parts of the world, at least as far as blockchai

Here's another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sop

Hyve's money app is targeting Gen Z and young millennials with a way to pay down debt, save and invest with the help of friends and family. The social finance app is now open to the public after a year testing the product with hundreds of beta users. Hyve is building a multiplayer fintech infra

Several years ago, Jonathan Dambrot, a partner at KPMG, was helping customers deploy and develop AI systems when he started to notice certain gaps in compliance and security. According to him, no one could explain whether their AI was secure — or even who was responsible for ensuring that. &#

Bob Lee, the chief product officer at MobileCoin, was killed in a fatal stabbing in San Francisco. On Tuesday morning, at 2:35 a.m., the San Francisco Police Department responded to a report of a stabbing near the 300 block of Main Street in SoMa. He was taken to a hospital but succumbed to his inj

Stoke Space, a company that's developing a fully reusable rocket, has unveiled a new tool to let hardware companies track the design, testing and integration of parts. The new tool, Fusion, is targeting an unsexy but essential aspect of the hardware workflow. It's a solution born out of “

On April 20th, technewss will host technewss Early Stage in Boston — an event designed to equip entrepreneurs with all the tools needed to build their unicorn startups. No founder event would be complete without pitches! technewss editorial is looking for six-seven founders to take part in

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Tuesday Crunch, our crunchy compatriots. Today, there's a ton of fun events-based updates for you. If you're coming to Early Stage in Boston, Pitch

Mobile gaming is set to reach $315.9 billion this year, according to Statista, but it’s not easy money: Various subscription models, IP, operating costs and how people access games make it an expensive endeavor that can be prohibitive for anyone who wants to try something new or different. Ry

What is a fair price premium for a quickly growing startup? The answer is constantly changing, but recent history teaches us that it’s probably not more than 200% over public-market comps. It may even be closer to 100%. It’s not an academic question. Where the startup price premium benc

A search startup raised $26 million recently to offer an AI-powered rival to Google. Perplexity AI, which bills itself as a “conversational search engine,” closed a Series A funding round led by New Enterprise Associates, with participation from Databricks Ventures and angel investors i