Startups

For many founders in the startup community, a “founder-friendly” investor is one who stays relatively hands off. They cut the check and then watch the executive team run their business without getting involved in the day-to-day. In 2021, investors overdid a version of “founder-fri

The conversation around widespread electric vehicle adoption has been inherently linked with charging: Are the chargers plentiful? Will they charge my car fast enough? Are they plugged into a grid that's not entirely run by coal? Billions of dollars have gone into developing batteries that can

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. Greetings, readers. As Haje and Christine told you last week, this week's Daily Crunch will look a bit different, given they are both taking some time off. Bu

Latin American venture capital and growth investments through 2018 had averaged less than $2 billion per year. With quality growth companies starved for capital, the few investors active in the region were making a killing. For instance, having invested in its Latin American franchise throughout di

Looking back, 2022 was quite the year for some investors and not in a good way. Mistakes made in the boom period of the past couple of years led to many write-downs, but the most egregious example of abysmal investing practices this year was FTX, the bankrupt and disgraced crypto exchange. In fact,

Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with startup and MUFG planning to expand into new markets and products together in 2023. Earlier this year, Akulaku raised $100 millio

High-growth companies often set significant goals, knowing full well that the idea of “overnight success” is for the storybooks. However, there is no better time than the middle of a market downturn to start planning for the leap from a private to a public company. De-risking the path t

Recent headlines have been dominated by announcements of large headcount reductions across the tech industry and especially at giants like Meta, Amazon and Twitter. But it’s not just the big names pulling back on headcount — private SaaS companies have similarly been implementing hiring fre

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. Well, the weather outside is…entirely dependent on where you are, we suppose. For the purposes of this newsletter, let's imagine sunshine, some pristine bea

Founders and investors alike are bracing for a tough 2023 as the economy shows few signs of improving. But there are a lot of questions up in the air: Will the truckload of dry powder VCs have make its way to the market? Are there going to be more layoffs if the pressure on valuations persists? Wha

"attachment_2461812" aria-describedby="" style="width: 1024px">Rajan “Raj” Moonesinghe (right) and his brother Johann Moonesinghe (left) pictured with their cousin (center). Image Credits: Johann Moonesinghe For years, Austin has made headlines as an evolving tech hub where startups, large compa

Meet Vianova, a French startup that is building a data platform for shared mobility companies as well as local governments. The company acts as both a data repository and a data visualization dashboard. It has raised a $6.4 million (€6 million) Series A funding round led by Baloise VC with XAnge

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. It's the mooooost wonderful tiiiiiiime of the yeeeaaar. Today, we've been skiving off work to explore the weirdest subgenres of holiday music. Trap Christ

Trey Parker and Matt Stone, creators of South Park and various other media over the years, have raised $20 million to continue work on their professional deepfake studio for creators, Deep Voodoo. The company got its start during the media shutdown of 2020, when the pandemic prevented most travel a