Startups

Video of a sidewalk delivery robot crossing yellow caution tape and rolling through a crime scene in Los Angeles went viral this week, amassing more than 650,000 views on Twitter and sparking debate about whether the technology is ready for prime time. It turns out the robot’s error, at least

Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselves in somewhat of a cost-related pickle in such a low-margin business. While covering the recent ne

Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlle

CRED plans to invest about $10 million in its lending partner LiquiLoans as the Indian fintech startup broadens its ownership in financial services, technewss has learned and confirmed. The Bengaluru-headquartered startup’s investment in Mumbai-headquartered LiquiLoans increases the lender&#

There’s no shortage of startups trying to make sense of the explosive growth of data generated from blockchain applications. Nansen has the support from a16z to provide on-chain data analysis for crypto investors. The Graph offers an API for developers to query blockchain data. The latest to

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. Happy Thursday! Has everyone recovered from Zoom going down this morning? Don't worry, Zoom is back up, but if anything, we hope it helped you have a quieter

Although 345 backers dug into their pockets to the tune of more than $700,000, the scooter they backed — the Model Eleven — will never see the light of day. The company is offering its backers three options to make up for it, including a full refund, or a different model electric scoote

Stop trying to make Polywork happen. It’s already happening. You may even be polyworking as you read this. Polywork is a venture-backed startup that is building a professional network to help people express their multihyphenated work lives. In other words, if you're a reporter, who also p

Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its founding, the company, which provides APIs to help private fund managers streamline processes, has c

You've probably downloaded an app or visited a website and just closed it before getting much use out of it. You could have done this for a variety of reasons: Maybe the product seemed too daunting, or maybe there was a gated subscription. I'm sure this list can go on for pages. In my opini

I have now been an investor for two years after 15 years of entrepreneurship. If I had instead been an investor for two years and then gone out on my own, I would have saved myself a lot of heartache! I have spent most of the last two years investing at Series B and helping portfolio companies prep

When financial institutions want to offer a debit card or credit card, they hire an issuing processor to help them with those services. When they want to offer merchants the ability to accept cards, they sign up with an acquiring processor. But when it comes to cross-border payments and internation

Insurance penetration in Africa is currently below 3% largely attributable to the slow adoption of innovation in the sector. Many underwriters rely on traditional systems involving agents and lots of paperwork to sign up new customers, which limits customer reach and hampers the uptake of their pro

Remote work struck down barriers for many employees, and now Virtual Internships is doing the same for university students around the world by partnering with over 12,000 companies from 100 countries. The edtech startup announced today it has raised a $14.3 million Series A led by Hambro Perks, wit