Construction equipment marketplace raises a $17.5M Series A led by Beringea

Back in 2020 I covered how the U.K. startup YardLink — which allows construction companies to obtain critical equipment faster than normal equipment rental companies — had raised its seed round. It was basically bringing a digital-first, marketplace approach to an industry normally hide

Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

While studying at the London School of Economics and the University of Oxford, a group of graduates noticed how difficult it was to get data and information on Africa's largest economy and their home country, Nigeria. Each had different yet complementary skills — Michael Famoroti, an economis

Thai beauty platform Konvy raises Series A for international expansion

Founded 10 years ago, Konvy is now Thailand's top beauty e-commerce platform. It plans to accelerate its omnichannel and international distribution with a new Series A of $10 million from Insignia Ventures Partners. Konvy was launched in 2012 by Chinese entrepreneur QingGui Huang, who previousl

Singapore-based staffing platform Workmate acquired by Persol Asia Pacific

Workmate, a Singapore-based on-demand staffing platform, has been acquired by Persol Asia Pacific, one of the region's largest HR service providers. Workmate focuses on frontline and essential workers, and the acquisition will allow it to expand its HR solutions throughout the Asia Pacific. Wor

Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B

The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Now a startup providing the tools to make and manage those transactions is announcing some funding. Airwallex, the Hong Kong/Australia startup that provides cross-border ban

Daily Crunch: After bans by Apple and Google, The OG App ‘will be unable to continue serving users'

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. Beep boop, here we go again with another exciting week in tech. Next week is Disrupt, so the technewss Slack watercooler is full of sartorial advice, much to our

AgriWebb's software seeks to boost yields, lower environmental impacts for farmers and ranchers

AgriWebb is on a mission to help livestock producers feed the world efficiently, profitably and sustainably by providing its comprehensive, ground-truth database for beef production worldwide. The Australian startup, which builds a livestock management platform for ranchers and farmers, wants to di

Meilisearch lands $15M investment to grow its ‘search-as-a-service’ business

Meilisearch, the creator behind the open source search engine project of the same name, today closed a $15 million Series A round led by Felicis, with participation from CRV, LocalGlobe, ESOP, Mango Capital, Seedcamp and Vercel CEO Guillermo Rauch. CEO Quentin de Quelen tells technewss that the ne

Check out all the partner sessions on the TC+ stage at Disrupt

We're literally days away from the first in-person technewss Disrupt since 2019 — and we can't wait to get this party started on October 18. Get ready for three days packed with top-notch speakers and opportunity. No pass? Act fast: Buy your pass before October 14 at 11:9 p.m. (PDT) and

Growth hacking is really just growth testing

Who knew that “growth hacking,” a term coined in 2010 by Sean Ellis, the first marketer at Dropbox, would become so commonplace in 2022? Considering the fact that growth marketing wasn't even a formal function at startups 12 years ago, I think it's okay to say that we couldn'

Endor emerges from stealth with $25M to secure software supply chains

An increasing percentage of the code that companies use to develop software is open source. In a 2018 survey by Tidelift, a software supply chain management platform, 92% of professional software developers said that their apps contained open source libraries. While that’s a positive trend 

Trendsi secures $25M to help sellers and manufacturers predict demand

In the traditional business-to-business world, sellers often don't know how much of a product they should order. Even at well-run companies, anywhere from 20% to 30% of inventory is either dead (i.e. doesn’t sell) or obsolete, according to one source. The impact on profitability can be qu

Clerkenwell Health raises £2.1M to test the new wave of psychedelics treatments

Clerkenwell Health, a psychedelic-specialist clinical research organisation, has raised £2.1 million in seed funding, bringing the total to date up to £2.5 million, which will be used to get the London-based startup fully operational. Investors include Lionheart Ventures, Convergence Partners and

Is the RPA market in trouble?

Automation Anywhere, one of the best-funded RPA providers with over $1 billion capital raised to date, went the debt route this week, securing a $200 million loan from Silicon Valley Bank, SVB Capital and Hercules Capital. Debt raises aren’t necessarily a bad thing — they’re a useful