Startups

After the challenging year that was 2022, one might think that the coming months are not looking great for VCs or founders. But, “dry powder” — money raised by VCs that hasn't yet been deployed — has risen to record levels. Venture capital investors in the United States, for ins

Some. Good. News. The latest Crunchbase data shows that Black startup founders in the United States raised around $264 million out of the total $33.6 billion in venture capital allocated in Q4 2022. That’s an uptick from the $178 million — or 0.43% — the group raised in Q3.

AR tech sounds pretty cool, but nobody wants to be a glasshole. Today at CES, we checked out Lumus‘ bid to make AR glasses a little bit less cringe. The company creates technology that makes it far easier for glasses makers to create spectacles that look, well, more or less like glasses, and

Investors and entrepreneurs began 2022 bright-eyed and optimistic as startups raised nearly $13 billion in the first quarter, making it the fifth-highest quarter for funding on record. However, talk of a pullback in global venture capital has become louder and more widespread of late. It's clea

Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market. The new cash infusion is part of the larger Series D funding, which KreditBee said has now closed at $200 million. The new funding, led by

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, I hope it is a great Thursday for you so far. For me, it's the little things that get me excited and today it is Delta Air Lines' announcement that

Venture capitalists are in the business of predicting the next big thing, even if they get burned in the process. While everyone piled onto crypto in 2021 — and many remain bullish about its future despite multiple failures this year — 2022 saw the rise of generative AI. But as is the case with

Apartment living can be a lonely life, but OneRoof is here to change that. The company offers a hyperlocal social network app meant to connect people in the same residential building around common interests like hobbies and to even organize around a common goal. The pre-revenue company has grown up

Microsoft plans to collaborate with the Indian space agency to give Indian space tech startups free access to cloud tools, the two said Thursday, the latest in the U.S. tech giant's attempts to deepen its ties with young firms in the South Asian market. As part of a memorandum of understanding

Tech isn't as collegial as it used to be. Rocket ships are being unveiled as sputtering messes, mission-driven startups don't feel so mission oriented when responding to investor pressure, and widespread layoffs offer a loud reminder that jobs are breakable contracts not sacrosanct vows. Ov

Read, the app that lets meeting organizers read the virtual room and see how engaged (or not) participants are, is now one of Zoom's Essential Apps. This means Zoom customers, Zoom One Pro Business and Business Plus users will have free access to Read's premium features, like real-time and

I am not sure about you, but lately I've been hearing the same chatter from friends and colleagues at startups. It's usually a version of: “Will my equity ever be worth something?” Let me start with the harsh truth: Nobody has a crystal ball to anticipate what the market will do or how

Here’s another edition of “Dear 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 drea

I had the privilege of leading PlanGrid to $100 million in ARR before I stepped down as CEO and passed the baton to Autodesk Construction. I've had years to dissect the mistakes I made with my first startup. Regardless of which industry you build in, or where you are at in your startup's jo