Startups

What started as a pet project to electrify food trucks in the San Francisco Bay area — an enterprise inspired by the cacophony of generators that greeted Ben Parker every day during his lunch break at Tesla — has evolved into a much larger, complex and potentially more lucrative undertaking. Pa

Attabotics provides warehouses with a novel robotic solution that is reinventing supply chain management. The company has attracted investment from a wide range of investors, including Gordon Food Service, the Ontario Teachers' Pension fund, and traditional firms like Coatue Management and Fore

Update (January 4, 2024): Fractional property investment startup Here.co wrote on its website that it is shutting down its services because of “the current interest rate environment and economic conditions.” The startup said that it will list all the vacation rental properties owned by

It has been a busy few months for Atomico, the European venture capital (VC) juggernaut founded by Skype co-creator Niklas Zennström some 16 years ago. After promoting three investors to partner back in April, it then brought in former Revolut and Uber executive Don Hoang as partner a month later.

FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest in the South Asian market to join the unicorn club following a new round of funding. Singapore's Temasek, one of the world's largest investors, led the Pune-headquartered st

Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic, a Japanese online secondhand marketplace, to Rakuten in 2016. While operating Fablic, the trio found that many users still used cash to pay and manage their day-t

Coding school Holberton today announced that it has entered into an agreement to be acquired by African Leadership Group (ALG). The seven-year-old company, with physical schools across the globe in addition to its core online platform, will split in two. Holberton’s technology platform will b

DeltaStream, which is developing a streaming database platform geared toward enterprise customers, today announced that it raised $10 million in a seed round led by New Enterprise Associates. The funding will be put toward product development, CEO Hojjat Jafarpour told technewss in an email interv

Update: The companies have confirmed the news here. ironSource is being valued at $4.4 billion in the all-stock deal. Part of the transaction will also involve Silver Lake and Sequoia, the two largest Unity shareholders, investing $1 billion in Unity in the form of convertible notes after the trans

China’s Tesla challenger XPeng isn’t content with just making electric vehicles. It’s also betting on ridable robot unicorns for kids. XPeng Robotics, a bionic robot maker affiliated with XPeng, just raised an impressive $100 million in a Series A round led by IDG Capital, at a ti

"http://localhost:81/images/resimler/speakable-summary">When Elon Musk announced his intention to terminate his $44 billion bid for Twitter, the social media company didn’t give up easily. Today, Twitter sued the SpaceX and Tesla CEO for refusing to uphold his contractual obligation to buy the

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. Hello and happy Tuesday! Today we're celebrating Jagmeet joining the technewss crew. He goes hard out of the gate with his inaugural story on the site, cover

Continuum is a venture-backed bet on fractional work, and, better yet, that founders want to show humanity during moments of crisis. The company, launched by CEO Nolan Church in August 2020, started as a play to connect startups to part-time executive help. Now, it has expand to

Despite the venture capital asset class sitting on historic levels of dry powder, many investors aren’t deploying it, leaving their portfolio companies scrambling for financing. Venture funding has been declining across the board this year, but the tone of how this temporary pullback could im