WATI, a CRM tool built for WhatsApp, raises $23M led by Tiger Global
WhatsApp is used by more than two billion around the world and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. That's where WATI (WhatsApp Team Inbox) steps in. Built on WhatsApp for Business' AP
Daily Crunch: After glitch causes a two-hour global outage, WhatsApp restores service
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Overheard at a VC/startup conference recently: Product market fit is like a product going around from weirdly shaped customer group to weirdly shaped customer gro
Investors are sitting on mountains of cash: Where will it be deployed?
Venture fundraising has continued at a robust pace, but much less cash is being deployed.
Let's start with a few headlines:
Bessemer in September raised about $3.85 billion for early-stage startups, the largest vehicle in the firm's 50-year existence.
Insight Partners in Fe
Greener wants to help consumers and businesses be more sustainable
Many consumers and companies want to reduce their impact on the environment but may not know where to start or how to sustain the necessary changes. Tom Ferrier, the founder of Greener, an Australian cleantech startup, wants to help. He argues that sustainability and climate action doesn't need
8 questions to answer before your startup faces technical due diligence
Investment activity is down now, but it’s likely to pick up in 2023. And when investments ramp up, so does M&A. Will your organization and your code pass technical due diligence when it's your turn?
Let's start with the positives: If an investor is proceeding with technical due di
Station F turns its main startup program into an acceleration program
Station F, the iconic startup campus in Paris, is revamping its Founders Program completely to turn it into an acceleration program. Founders who decide to join the accelerator will get many different benefits. They'll also have to hand out a 1% equity stake to Station F.
“We are changing the
Sequoia India eyes $50 million investment in K12 despite market slump
Sequoia India is in advanced stages of deliberations to invest over $50 million in K12 Techno Services, a startup that offers a range of services to education institutions and also runs its own chain of schools, doubling down on a firm that it first backed over a decade ago, two sources familiar wi
54gene CEO steps down as the company looks to cut more jobs
54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to technewss today.
The three-year-old company has appointed General Counsel Teresia L. Bost as interim CEO. She will be supported by Chief Operating O
Top VCs have expanded into broader asset managers; is the model sustainable?
Last week at technewss’s annual Disrupt event, this editor sat down with VCs from two firms that have come to look similar in ways over the last five or so years. One of those VCs was Niko Bonatsos, a managing partner at General Catalyst (GC), a 22-year-old firm that began as an early-stage
Heura tucks into $20M funding chunk for its plant-based proteins ahead of beefier B round next year
What’s going on with demand for plant-based meat? If you take a look at Barcelona-based Heura the picture seems rosy — with the alt-protein startup claiming “non-stop” momentum and a near doubling of revenue from sales of its faux chicken, beef and pork products in the first
Apex Space takes on satellite bus ‘bottleneck’ with seed round led by a16z
Apex Space, a startup that aims to transform satellite bus manufacturing, emerged from stealth Monday with a $7.5 million seed round led by Andreessen Horowitz.
The Los Angeles-based company has set its sights on the satellite bus — the part of the spacecraft that hosts the payload — which it s
Telehealth unicorn Cerebral lays off 20% of staff for ‘operational efficiencies’
Cerebral is laying off 20% of its staff, citing an ongoing push for efficiency at the digital health unicorn.
A spokesperson for Cerebral confirmed the layoffs to technewss but did not share the specific number of employees affected. According to the WSJ, which first reported the news, and Insider
Why startups are better off prioritizing growth instead of optimizing cloud costs
Everybody’s talking so much about cost optimization and extending runways that startups across the board are looking at every little expense as they seek ways to navigate the downturn. But some costs are better left untouched simply because the work involved may not be worth the payoff.
Accor
To better thwart ransomware attacks, startups must get cybersecurity basics right
The Department of Justice (DOJ) famously declared 2021 as the “worst year” for ransomware attacks, but it seems that title could be in 2022’s hands very soon.
Despite some rare wins in the war against hackers over the past 12 months — from the government's seizure of $2.3 million in