Startups

Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. Naspers, through its early-stage investment vehicle, Naspers Foundry, co-led

OpenAI is quietly launching a new developer platform that lets customers run the company’s newer machine learning models, like GPT-3.5, on dedicated capacity. In screenshots of documentation published to Twitter by users with early access, OpenAI describes the forthcoming offering, called Fou

Tracksuit, a New Zealand-based brand tracking startup, wants to take on traditional market research players by offering a more affordable, accessible brand insights tool. “Market research and brand tracking has been around for a long time, and it usually consists of a consultant coming in on

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Soylent Nutrition is joining public company Starco Brands as part of an acquisition that will keep the plant-based food technology company operating as a separate unit under its current CEO Demir Vangelov. As part of the transaction, Vangelov told technewss that he will join Starco's board and

If the last year has taught us anything, it's that VCs let their portfolio companies get away with a lot. No balance sheet? No problem; here’s a $32 billion valuation. No proven product-market fit and your last venture cost investors billions? Here’s a check worth more than all Blac

For many segments of the population, home ownership is as elusive as ever. A recent report by the National Association of Realtors found that 26% of homebuyers are first-time buyers, and of this group, an overwhelming majority — 88% — are white.  The problem is exacerbated in certain m

Swap Robotics entered our orbit last year, when the firm was a finalist for our Battlefield competition at Disrupt 2022. In a world full of robot mowers, the startup grabbed the judges' attention with a modular design that allows for the titular quick swapping of batteries and functionality wit

Replicate, a startup that runs machine learning models in the cloud, today launched out of stealth with $17.8 million in venture capital backing; $12.5 million of the total came from a Series A led by Andreessen Horowitz with participation from Y Combinator, Sequoia and angel investors including Fi

While some experts expect a second honeymoon period for edtech, founders in the space need to change their tactics and learn how to get more results with less money. If you have a good product, a great marketing team and a stellar sales team, it makes sense to expect that you’ll earn a lot. U

You would expect the co-founder of a startup that improves on traditional slide presentations to hate tools like PowerPoint. But that's not the case with Mayuresh Patole, the CEO of Chronicle. He says he loved PowerPoint and before becoming a founder, spent 10 years building presentations, incl

Green Labs, a South Korean agtech startup that raised $140 million (170 billion won) Series C in January last year, is cutting a significant number of jobs. People familiar with the matter confirmed to technewss earlier rumors by local media outlets that a workforce deduction would happen.

Strive is an online learning platform that teaches kids to code, but it wants to do more than just that. Developed with an active learning model that lets students take the lead in classes, Strive wants to instill in them a lifelong love of STEM subjects. The Singapore-based startup announced today

It's that time of the year. The French government and the government-backed initiative La French Tech gathered applications, processed the numbers and ranked the 120 top-performing startups in France right now, with a special category for the top 40. The result is two rankings that are based on