Startups

Many companies are struggling to get funding these days in an increasingly tight investment environment. It seems the days are gone when VC firms approach promising startups about funding instead of the other way around, but Hex, a data collaboration startup, has defied the odds. Company co-founder

Proving that there’s still plenty of venture money in cybersecurity, cloud identity security platform Britive today announced that it raised $20.5 million in a Series B funding round. Led by Pelion Venture Partners with participation from Liberty Global Ventures, Crosslink Capital and One Way

More than 102,000 workers in U.S.-based tech companies have already been laid off in mass job cuts in 2023, according to Crunchbase. Yet for early-stage startups, the outlook isn't as bleak as the headlines make it out to be — conversely, there's a huge opportunity for scrappy founders in

The funding environment for startups across the globe has been challenging for the past year, but some sectors are still attracting checks as if it was 2021. In Asia, one such sector appears to be the luxury fashion resale market, particularly for platforms that are seeing an uptick in users and sa

In emerging markets like Africa, offline channels dominate retail sales, which are often driven by informal trade and cash transactions. This makes sourcing data on markets, consumer behavior and products a herculean task. Yet, local and international brands require data about market size and value

The current slowdown in e-commerce growth, and in some pockets straight declines in spend, might not seem like the most opportune time to build an e-commerce tooling startup, let alone invest in one. But a startup out of Poland with a platform for front-end developers to build composable e-commerce

Proptech company Roofstock has laid off about 27% of its staff today, according to an email sent to employees that was viewed by technewss. The cuts come just five months after the startup laid off 20% of its workforce. The company’s website states that it has 400+ employees, or “Roofs

Southeast Asia's mental health startups are getting more investor attention. Last week, Intellect announced a strategic investment from IHH Healthcare, Asia's largest private healthcare group. Now Thoughtfull, another digital mental health platform focused on Asia, has raised $4 million in

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Jap

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. Welcome to Humpday Crunch! Today we're sad that Aloria passed away on Sunday, as Lorenzo reported. She was a veteran of the cybersecurity comm

India has long harbored a strong entrepreneurial spirit, and it's not uncommon to see people leaving jobs to set up their own businesses. A hallmark of that spirit is quite visible these days in the country's flourishing startup ecosystem, which has expanded rapidly in the past few years, t

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

Good Meat, the cultivated meat unit of Eat Just, completed the U.S. Food and Drug Administration's pre-market consultation for its production method, and the agency concluded this week that it had “no questions.” “We have no questions at this time regarding Good Meat's conclusion that

Over his two decades of experience in the tech industry, CodiumAI co-founder and CEO Itamar Friedman has personally experienced the pain of building test suites to check his code logic. He found that while there are tools to check for code security and performance, there has been a dearth of code l