Startups

Spherics, a U.K.-based carbon accounting platform for SMEs to understand and reduce their environmental impact, has been acquired by accounting giant Sage. Terms of the deal were not disclosed but it's understood Spherics had raised £1.25 million in equity financing from angel investors and £

French startup Homa has raised a $100 million Series B funding round. Quadrille Capital and Headline are leading the round. Homa partners with indie mobile game studios so their games are perfectly optimized to become a hit game on the App Store and Google Play. In other words, Homa builds tools th

Noom, a health coaching platform valued at $3.7 billion last year, is laying off a portion of staff for the second time in a matter of months, technewss has learned from sources. Noom has laid off 10% of its staff, or around 500 people, which is a reduction that mostly impacts its coaching team. I

technewss Disrupt — taking place October 18–20 in San Francisco — is the world-class tech conference where startups go to grow. Building a startup is no easy task — not exactly a newsflash, we know. And it's why we want to direct your attention to the companies we partner with to make

Corporate spend management startup Brex has laid off 136 people, or 11% of its staff, across all departments as part of a restructuring, the company has told technewss exclusively. After the layoffs, Brex has just over 1,150 employees. It's been a tumultuous year for Brex, whic

As a tougher funding climate starts to bite, it's time to ditch the past decade's “growth-at-all-costs” mantra. Telling investors about your viral user growth is no longer enough — they want to know how it translates to revenue, resilience and runway. The ongoing market uncert

Nicolás Giménez, the co-founder of Argentina-based startup Fidu, has convinced over 1,000 schools across the Latin America region to place their operations in the hands of a scrappy edtech startup. Fidu wants to build a new operating system for LatAm schools, so that institutions can digitally ma

Hollywood powerhouse, comedian and entrepreneur Kevin Hart makes the world laugh both onstage and on camera. But behind the scenes, he's a serious entrepreneur building a multiplatform media empire. He is also the founder and managing partner of HartBeat Ventures, an early-stage VC firm with a

Elenas estimates that 11 million women in Latin America sell consumer items via catalogs and door-to-door sales methods. It is digitizing that process so they can more easily sell from home. Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in

Foxglove, a startup building an infrastructure stack for robotics, today announced that it raised $15 million in a Series A funding round led by Eclipse with participation from Amplify Partners and angel investors including Cruise CEO Kyle Vogt. The proceeds bring Foxglove’s total raised to $

Life science businesses like big pharmaceutical companies have a singular set of needs when it comes to building applications. Their models and algorithms tend to be more sophisticated and data-intensive than most industries. Quantori, a Cambridge, Massachusetts startup, is building a platform-as-a

Insite AI, a platform for consumer packaged goods companies that uses AI to provide recommendations on how to price, distribute and promote their products in physical stores, today launched out of stealth with $19 million in Series A capital from NewRoad Capital and M12, Microsoft's corporate v

The coming wave of satellite constellations all need power, but solar panels built for space are extremely expensive and difficult to manufacture. Solestial is ready to change that with space-grade panels built using inexpensive, scalable processes, and it just raised $10 million to take its tech f

We are getting a more realistic update on the startup funding landscape in India, and as is true elsewhere, all the figures are in red in the South Asian market. Indian startups raised $3 billion in the quarter that ended in September, down 57% from the previous quarter and 80% year-over-year, mark