Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

In 2016, the Gulf Cooperation Council (GCC) member states signed a value added tax (VAT) agreement paving the way for the introduction of the general levy on consumption across the region. The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, a

Japan’s Terra Drone gets $14M lift from Saudi investors

Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in Asia.  The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic manag

Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

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Despite 2022’s headwinds, women’s health startups did better than ever before

It's been seven months since Roe vs. Wade was overturned, and the dust has barely begun to settle. Politically, voters have expressed their overwhelming support for a person's right to access abortion. Grassroots campaigns continue, and technology-wise, innovation in the wider women's h

DevZero speeds up programmer tasks by shifting developer tools to cloud

Developers tend to build and test software on their local laptops, but these machines often lack the necessary resources to efficiently run a full-scale development environment. Large companies have built custom systems to move development tools and testing to the cloud, but this kind of approach h

Sunfish’s technology wants to bring affordability to assisted reproduction

Sunfish, a new startup built by a former director at one of the oldest surrogacy and egg donation agencies in the world, has raised $4 million to build financial assistance tooling for hopeful parents. The round, led by Walkabout Ventures with participation from Hannah Grey VC and Fiat Ventures, co

Metrics that matter: 3 KPIs to track on the path to profitability

For the tech community, the rallying cry in 2022 was about moving from the growth-at-all-costs mindset toward emphasizing profitability. We believe that in turbulent times, startups and scaleups alike need to ensure: They have sufficient runway to ride out a downturn without relyin

Orange you glad this company is making it easier to get EV charging in your building

One of the biggest bottlenecks in the EV rollout is charging infrastructure. There’s no shortage of companies taking a stab at it, but Orange believes it has a smarter approach. Working within the typical constraints of multifamily dwellings (think apartment buildings, etc.), the company make

Plant-based seafood startup the ISH Company rides new funding wave toward pipeline commercialization

A heart attack three years ago was a wake-up call for Bernard David, founder and CEO of the ISH Company. After being told that he would only eat plants for the rest of his life, he found that this diet eventually made him “long for those old animals that I used to eat.” Instead of caving in to

Scythe raises $42 million for its electric robotic mower

Scythe first hit our radar when it emerged from stealth in 2021 with a $13.8 million Series A. The world of robotic mowers is already a fairly crowded one, but while many are going after home applications (lawn Roombas, if you will), the Boulder, Colorado–based firm is specifically targeting comm

A VC's perspective on deep tech fundraising in Q1 2023

Like nearly every other sector, deep tech faced significant headwinds in 2022. As interest rates skyrocketed, deep tech deals, which inherently take more capital than other kinds of software businesses, became less attractive to many VCs and their LPs than lower-risk investments. For instance, even

Strava acquires Fatmap, a 3D mapping platform for the great outdoors

Strava, the activity tracking and social community platform used by more than 100 million people globally, has acquired Fatmap, a European company that’s building a high-resolution 3D global map platform for the great outdoors. Terms of the deal were not disclosed. Founded in 2009, Strava has

Daily Crunch: Days after announcing plans to cut 10K jobs, Microsoft invests billions more in OpenAI

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Babylist makes an even bigger bet on baby products with Expectful acquisition

Today, baby registry and product discovery platform Babylist announced that it has acquired health and wellness tool Expectful for an undisclosed price. The deal brings together two companies focused on parental support, now helping people navigate everything from eco-friendly diapers to mental we