Sigfox tech owner UnaBiz doubles its Series B funding to $50 million
UnaBiz, the Massive Internet of Things service provider and owner of Sigfox's technology, announced today it has raised another $25 million in Series B funding. This doubles the round's total amount to $50 million, after the first tranche was announced in October 2021. UnaBiz, which is bas
Pixyle AI wants to make visual search more intuitive for online retailers
When Svetlana Kordumova was studying for her doctorate in AI and computer vision, she grew frustrated by the process of looking for items to buy online. Search results were often inaccurate, and she knew the tech she was learning could improve the experience. Pixyle AI was launched in 2019 to impro
India’s Uolo raises $22.5M to bring edtech to the masses
Uolo, an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital.
The vast majority of edtech startups operate in a business-to-consum
Daily Crunch: Plaid unravels a fifth of its workforce after 'growth did not materialize as quickly as expected’
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Hello, and welcome to Hump Day! If you haven't gotten your fill yet of tech egos, you'll want to tune into today's Equity podcast, where Natasha M and
Andreessen Horowitz leads $43M Series A for Setpoint, which aims to be the 'Stripe for credit'
Setpoint, a startup that has built software to help other companies close loan transactions faster, has raised $43 million in a Series A round led by Andreessen Horowitz (a16z).
The raise comes just six months after Austin, Texas-based Setpoint closed a $5.5 million seed round and $150 million in s
With Pickme, your neighbor can receive your packages for you
French startup Pickme has raised a $3.7 million (€3.5 million) funding round to build a new network of pick-up and drop-off points for e-commerce retailers and logistics companies. With Pickme, a customer can order something and let their neighbor receive the package directly. It's something
Worry not: Down rounds are still rare by historical standards
If you thought that the recent venture capital market was tough, let me tell you about 2016, 2017, 2018, 2019 and 2020.
With the first week of December under our belts, we’re not too far away from the end of the year. That means that 2022’s venture capital story has largely been written
Dear Sophie: How do tech layoffs impact PERM and the green card process?
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
Vaultree raises $12.8M to let companies more easily work with encrypted data
Several years ago, on a dairy farm in the small Irish village of Dundrum, four technologists — Maxim Dressler, Ryan Lasmaili, Shaun Mc Brearty and Tilo Weigandt — brainstormed solutions for what they saw as a fundamental problem in data security: unencrypted text files. According to a 2
Hunt Club injects AI and a network of experts into the recruitment process
Hunt Club, a senior talent recruiting platform powered by AI, today announced that it raised $40 million in a Series B round co-led by WestCap and Sator Grove. In an interview with technewss, CEO Nick Cromydas said that the new capital will be put toward further developing the platform while growi
Autonomous and electric truck company Einride raises $500M in equity and debt
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally.
The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund
Daily Crunch: Lensa AI can transform Photoshopped fakes into nonconsensual pornography
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Why, hello there, and welcome to your Tuesday Daily Crunch. I'll be your host this week while Haje works from an undisclosed location where day is night and n
Fintech unicorn valuations have fallen hard in 2022
Fintech was hot in 2021, but looking back on it … maybe too hot?
The sector exploded last year, seeing record investment — $132 billion globally, according to CB Insights — with many startups reaching lofty valuations, including Stripe at $95 billion, Klarna at $45 billion and Plaid at $13 bi
Sellscale uses generative AI to create better marketing emails
Everyone who has email knows what a canned marketing email sounds like (and has probably deleted tons of them). For sales development representatives, automated emails are necessary to create the volume of outbound inquiries they need to get a decent number of leads. But badly written emails result