This Gen Z founder is pitching hundreds of investors… via Venmo

My phone buzzes as I get a text from a friend who’s a partner at a VC firm. It’s a screenshot of a Venmo notification that just came in. “My 2 cents on why you should invest in my company,” reads the message she received, along with a $0.02 transfer. I tracked down and email

India’s central bank gives lenders November-end ultimatum to comply with new digital loan rules

The Reserve Bank of India (RBI) has given lenders until the end of November to implement adequate systems and processes to ensure that new and existing loans comply with its digital loan rules issued last month. The RBI’s move follows several reports highlighting issues of customers facing to

Cantos launches its third fund, ploughing $50M into near-frontier startups

Hard tech is hard, but when there are major breakthroughs, that can come with outsize returns and enormous opportunities. Cantos just closed its third fund to invest in science-forward companies at the pre-seed and seed stages to ‘improve billions of lives and saving the planet.’ “

With schools increasingly focused on mental health, PsycApps raises seed round for US expansion

I've been tracking PsycApps, a startup that came up with a gamified mental health game called eQuoo, since 2016, and this company — and its founder — is nothing if not persistent in “pivoting into the wind”. The last we heard it had been approved by the U.K.'s Nation

Puna Bio’s extremophile microbe menagerie survives and revives depleted soil

The farming industry spends tons of money on artificial means of reinvigorating soil, but an all-natural solution may already exist: beneficial microbes that have evolved to thrive in extreme environments. Puna Bio, which raised a $3.7 million seed round, captures and cultivates these extremophiles

SIMULATE targets restaurants with new simulated chicken products

Alternative protein startup SIMULATE, known for its NUGGS and TENDERS, is introducing two new versions of its plant-based, simulated chicken product aimed at restaurants. STRIPS are similar to grilled chicken, while CUTLETS mimic the kind of product you'll find on fried chicken sandwiches that

Stop sensationalizing the ‘collapse’ of VC: Look at the data

A recent article on Bloomberg asserts that venture capital activity is on the verge of collapse, but I don't believe this is the case. This narrative falls short when you consider data that goes back beyond 2021. In the U.S. and globally, VC activity in 2022 is well on track to exceed a long-te

Startups, here’s everything you need to know to raise VC funding

The crew here at technewss has done a lot of writing about fundraising, and how to make an awesome pitch deck over the years. I figured it was time that I put together a collection of all of it in one handy spot. A lot of these articles are part of technewss+ — technewss’s premium s

Fintech startup Alloy leans on fraud prevention to land new $1.55B valuation

When Alloy was founded in 2015, its mission was to help banks and fintechs make better identity and risk decisions using its single API service and SaaS offering.  Since that time, the startup has evolved that offering to not only automate onboarding identity decisions but to also automate transac

Let's talk about party rounds

When it comes to types of venture capital instruments, party rounds are as controversial as they come. A party round is an early-stage financing round, usually occurring between the pre-seed and Series A stages, that includes a laundry list — or “party” — of individual investors. It's d

Trans founders to VCs: 'Cut me a check'

There is no data to show how little venture funding goes to trans founders. All that exists is a report from Backstage Capital saying 1% of all venture funds went to founders openly identifying as LGBTQ+. (According to a recent Gallup poll, 7.1% of Americans identify as LGBT+.) That

This dating app fought scammers with bots… hilarity ensued

You know the feeling; you’re on a dating app, and you start a conversation with someone, and things don’t seem like they add up completely. You’ve seen The Tinder Swindler on Netflix, and you’re suddenly wondering: Is someone about to ask me for money? The team at video dati

This founder wants to take on the biggest coaching startups with a group-focused approach

Nishika de Rosairo, the founder and chief executive of HumanQ, has a vision for employee coaching that disagrees with some of the biggest, and most valuable, startups out there. Instead of one-to-one coaching, which venture-backed companies like BetterUp and Sounding Board launched to offer employe

Reviver is building a company one licence plate at a time

Do you want to run an “easy” startup? Be a coder, and realize that some aspect of your workflow is needlessly complicated. Create a tool to fix that, and spin it out as a dev-tools company. Get your first 100 customers from all of your friends, then raise $5 million to sell it to everyo