China’s Jaka Robotics fueled by Saudi Arabia’s Prosperity7 in global push

Jaka Robotics, a Chinese startup that makes collaborative robots, has just pulled in a hefty Series D funding round of over $150 million from a lineup of heavyweight investors to help it expand globally. The round is led by Singapore’s sovereign wealth fund Temasek, TrueLight Capital, Softban

VCs and founders alike say investors should fold reproductive rights into ESG standards

Traditionally, U.S. private market investors who adopted environmental, social and corporate governance (ESG) frameworks — the very few thus far — did so to evaluate a potential company or investment on how it approached areas like sustainability or diversity. But now, in the post-Roe era, as c

Private equity descends on Chartbeat

Chartbeat, a website that tells publishers about their readers, is getting the private equity treatment. Launched out of Betaworks in 2009, the service offered real-time analytics back when Google Analytics made you wait 24 hours to see who was clicking around your site. Eons later, private equi

Crypto valuations may sink until September as VCs play a waiting game

Tons of capital has been raised across the crypto industry in recent months, but there has been a noticeable pause in deployment. That might change in the coming months. As it's taken longer to close crypto VC deals, valuations across the industry have dropped, according to David Nage, venture

An actionable framework for founders bridging into web3

What's your web3 strategy? I doubt it's the first time you've been asked that question. It's been on the lips of a growing number of investors on the hunt for disruptive opportunities blockchain-based technologies can offer. But for founders looking to foray into the

Seedstars launches second fund to invest in 100 startups in emerging markets

Since its launch nine years ago, Seedstars has invested in 81 companies in over 30 emerging markets. Now it's set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 m

BAI Capital targets China’s globalizing startups with fresh $700M fund

BAI Capital, the storied China-focused venture investment firm that was formerly known as Bertelsmann Asia Investments, has raised $700 million to back Chinese companies that are part of the country’s structural reform as well as those expanding overseas. The announcement follows on the heels

HR automation platform Omni wants to be the ‘Rippling of Southeast Asia’

Omni wants to be the human resources platform to rule them all — or at least all HR-related tasks. The software enables HR teams to digitize employee records, automate administrative tasks like employee onboarding and time-off management, and integrate employee data from different systems. Based

These startups want to make credit scores a thing of the past

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the pr

Daily Crunch: ‘I've gotten beat’ on my ‘Shark Tank’ bets, Mark Cuban admits

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. Fri-yay! Grab your calendar and mark November 17, 2022, on it, and then snag yourself an airline ticket to Miami, Florida. That's right, TC Sessions continues

Looking for an investment from a CVC? Take these 3 tips to the negotiation table

As venture capital flows continue to fluctuate, founders have to double down on the terms they agree on. While it can be tempting to overlook certain terms for the sake of closing a deal, founders should remember that nearly everything in a deal is negotiable. A lot of entrepreneurs tend to focus o

Instacart's co-founder Apoorva Mehta checks out

A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position. Now, as the company he started nearly a decade ago prepares to IPO, Mehta says that he will be stepping down as executive chairman and transiti

Can Alto succeed at employee-driven ride-hail?

Ride-hail startup Alto thinks the current gig worker-based market is inherently broken. Drivers’ salaries are squeezed by the costs of owning and maintaining a vehicle; riders aren’t guaranteed a high-quality service; cities have had to deal with angry taxi drivers; and the app-based co

Theator, an AI platform that analyzes surgery videos, closes out its Series A at $39.5M

When it comes to video-based data, advances in computer vision have given a huge boost to the world of research, making the process of analyzing and drawing insights from moving images something that is scalable beyond the limits of a small team of humans. A startup called Theator has been applying