Startups

Good companies get bought not sold. This saying has been passed down as conventional wisdom through generations of entrepreneurs, but it doesn't tell the entire story. While the IPO is characterized as the pinnacle for venture-backed startups, far more companies see successful exits via an M&am

A number of startups have cropped up to tackle the challenge of making hydrogen cheap and accessible for industrial users, including the latest, Aurora Hydrogen. The startup announced a $10 million Series A yesterday led by Energy Innovation Capital and joined by Williams Companies, Shell Ventures,

Mudafy, a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. Founded in mid-2019, Mudafy operates with a typical digital brokerage model — aiming to make it easier for people to buy and se

Sprig, a startup offering tools for user and software product research, today announced that it raised $30 million in a funding round from Andreessen Horowitz, Accel, First Round Capital, Elad Gil and Figma Ventures. It brings the company’s total raised to $90 million, which CEO Ryan Glasgow

They say pressure makes diamonds. I'd say that’s also true for recessions creating amazing startups. Airbnb, Uber and Groupon are great examples of companies that emerged during the recession in 2008. How does one build, scale and navigate the headwinds of a recession, especially as consu

A new video-focused dating app Desti just launched over the weekend to give users a chance to find potential matches based on a preferred date destination. Users who live in the app’s debut market of Austin, Texas, can scroll through a vertical feed where profiles highlight what destinations

Over the past decade and a half, Spread has become the most recognizable name in Japan's vertical framing ecosystem. The Kyoto-based firm opened its first farm in 2007 and six years later claimed to be the first company in the space to achieve profitability. That's no mean feat, given the c

During the pandemic as businesses moved online, Spinach.io co-founder and CEO Matan Talmi observed that engineering teams had a specific set of needs for online meetings than other teams. At about the same time, he noted that Zoom was releasing Zoom Apps to help developers build meeting-focused app

Locket, a popular app for sharing photos straight to your family and friends' home screens, has raised $12.5 million in funding. The app rose to the top of the App Store charts after launching on New Year's Day this year and has since amassed more than 20 million downloads. Locket's sim

Israeli lidar startup Innoviz will supply its lidar sensors and perception software to all vehicles with automated driving capabilities within Volkswagen group brands, the company said Tuesday. Innoviz will work directly with Cariad SE, VW’s automotive software company, to integrate its techn

Right from the launch of its first product in 2020, Kenyan insurtech Lami Technologies set out to increase insurance penetration in Kenya and the rest of Africa. It began on this path by building and distributing an end-to-end digital insurance platform and API that allowed businesses in different

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. Monday is here, and we are excited to throw ourselves into another week of summertime tech news. Apropos summer — as the VCs stop answering their phones in favo

With the apparent demise of Bolt Mobility, the divide between technology businesses and those that are merely tech-enabled is back at the forefront of our minds. Once a key point of discussion when the IPO market was alive, today we're sifting through what is left of the micromobility sector, n

If the world wants to feed 10 billion people in 2050, it'll need to find a better way to grow food. Today, about half the world's habitable land is devoted to agriculture, yet even that amount can't provide everyone with the sort of diet enjoyed by people in developed countries. If ever