Indonesian crypto platform Reku is built for both new and experienced traders

Cryptocurrency transactions in Indonesia hit $60 billion last year, according to the country's commodities futures trading agency. Crypto exchange and marketplace Reku has been riding the wave with what it says are the lowest fees on the market, and a platform that is aimed at both newcomers an

Sigmoid raises $12 million to scale its data engineering and analytics platform

Sigmoid, a startup helping firms in the U.S., U.K. and Europe comb through their data and derive better insights from it, has raised $12 million in a new financing round following a strong year of growth, it said Thursday. Sequoia Capital India led the San Francisco-headquartered startup’s Se

Morpheus Space’s satellite thrusters are propelled forward with a $28M Series A

The booming satellite industry has been a boon for Morpheus Space, which produces a modular, electric propulsion system for small satellites. Morpheus has raised a $28 million Series A, with which it intends to build a factory in Dresden, Germany, where it’s based, and to increase headcount.

Daily Crunch: Twilio CEO: Laying off 11% of company's workforce is ‘wise and necessary’

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. Oh heeeeeey. So excited to see you again, glad to have you with us. It's been a busy news day on the site, and we're particularly excited to share our iPh

Codi lands $16 million, led by a16z, to prove that we never really actually liked co-working

We know that long-term leases aren't the move anymore, but San Francisco–based Codi has a hotter take: neither is co-working. The company, co-founded by Christelle Rohaut and Dave Schuman, began in 2018 to create more flexible office space for companies whose employees want private, flexible

Can the algorithms that ride-hailing and delivery startups use be fair?

In June 2020, taking advantage of a Chicago law requiring ride-hailing apps to disclose their prices, researchers from George Washington University published an analysis of algorithms used by ride-sharing startups like Uber and Lyft to set fares. It spotlighted evidence that the algorithms charged

Dear Sophie: Is there a way to keep working in the US after my J-1 visa expires?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their drea

TruckSmarter comes out of stealth with a free load board for truckers

Technological innovation has caused a rise in e-commerce that is crying out for more truck drivers to deliver our smartphones and Pelotons and pineapples. But the trucking industry, the backbone of all our hedonistic spending, has yet to see the same level of tech advancements needed to create a st

Construction tech startup Kojo rebrands, expands and lands $39M in Series C funding

Kojo, a startup that aims to help construction companies in the U.S. manage their materials supply chains “seamlessly,” has raised $39 million in a Series C round of funding led by Battery Ventures. Founded in 2018 as Agora, the company raised $33 million in a Tiger Global-led Series B round in

Enverus acquires solar planning solution RatedPower

Enverus, a company specialized in energy-focused software-as-a-service products, has announced that it has acquired RatedPower, a Spanish startup that helps you plan, design and optimize solar power plants. Terms of the deal remain undisclosed. Enverus works with all sorts of customers in the energ

French food tech company Standing Ovation nabs $12 million for animal-free dairy cheese

The burgeoning food tech revolution continues apace with news that French startup Standing Ovation has raised €12 million ($12 million) in a series A round of funding to develop an animal-free casein for use in cheese. Casein, for the uninitiated, is a protein found in dairy products, and which

Indian edtech giant Byju’s missed own revenue projections in FY21

Byju's clocked a revenue of $305.6 million in the financial year that ended in March 2021, below its own projections, the Indian edtech giant disclosed in audited results Wednesday, following an 18-month delay that attracted scrutiny from lawmakers and local authority. The Bengaluru-headquarter

EV charging platform Monta raises at $155M valuation to expand into the US

EV charging company Monta has been building out EV charging solutions to make it easier to charge electric vehicles everywhere. It started in Europe, but it just raised an additional $30 million from Energize Ventures, at a $155 million valuation, to expand into the U.S. market. The company tackles

NeoCarbon wants industrial cooling towers to join the climate fight

NeoCarbon, a Berlin-based climate tech startup that’s taking a retrofitting approach to scaling direct air capture (DAC) devices for uptake of CO2 emissions has nabbed pre-seed funding. Its focus is on developing DAC kits that can be installed (retrofitted) inside working cooling towers in th