Startups

There's no better way to show you have high conviction in yourself as an investor than being the biggest LP in your $101 million fund, right? Especially if you name your firm Conviction, as Sarah Guo did after leaving Greylock following a decade of investing for the well-known venture group. La

Beyond Meat plans to lay off about 200 employees, or 19% of its workforce, according to a regulatory filing disclosed Friday. The company cited declining sales and said the layoffs are “based on cost-reduction initiatives intended to reduce operating expenses…and target cash flow positive opera

Scaling a SaaS company is tougher today than in the past few years. Whatever stage your company is at, a near 70% drop in the value of public SaaS stocks, increasingly limited access to funding and shrinking company tech stacks all point toward a more challenging road ahead for a sector that got us

Armed with $6.3 million in new pre-seed capital, Synonym Biotechnologies has begun the development phase for its first productized bio-manufacturing facilities for non-pharmaceutical applications. Edward Shenderovich and Joshua Lachter started the company in January 2022 to develop, finance and bui

Even the largest landfills in Indonesia are at (or nearing) capacity, and the government has set an ambitious target of 30% waste reduction by 2025. Waste4Change is one of the companies that wants to help by increasing rates of recycling and enabling better waste management. The startup, which curr

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. We just keep getting more excited about Disrupt, but it turns out there's other stuff going on in the world. A lot of other stuff, in fact; it's one of th

Being in the business of convincing people that they deserve a vacation is hard. Being in the business of convincing people that they can co-own a vacation house and enjoy it at the same time can be deceptively harder. Getaway — different from another venture-backed Getaway, which sells escapes t

Venture debt was never meant to be used to bail a company out of financial trouble. And yet, when venture capitalists started to pull back from equity investing earlier this year because frothy market conditions made them realize that valuations were too high, it became a topic of discussion again.

I don’t typically critique decks for fundraises we didn’t cover on technewss, but for Supliful, I had to make an exception because it’s a company that solves a spectacularly interesting problem. Consumer packaged goods companies can churn out products all day long, but marketing

It's common knowledge, especially to those who work in financial services, that the COVID-19 pandemic dramatically increased demand for digital banking globally. A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games.

Tick-tock, startup fans. We’re just days away from technewss Disrupt on October 18–20 in San Francisco. If you're still perched on that fence, we have five more reasons why you should pry open the wallet, dust off the credit card and get yourself to the Moscone Center and build a bette

There's much potential for Orlando to be what Austin is to Texas, what Atlanta is to Georgia — a booming hub where startups flock from around the world to dream, innovate and grow. The numbers are already showing potential: New PitchBook data found that in the first half of this year, a littl

VUZ, a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. Investors in the round include Caruso Ventures, Vision VC Fund, e& capital (investment pillar of e&, form

For an asset class that should be reinventing itself all the time, it is surprising to see how resistant some venture funds are to change. As a partner in a fund of funds, I attend a lot of annual meetings, talk with a lot of venture fund general partners and review a lot of investor decks.