Wonderbelly is taking on Tums

Deep tech and D2C have very little in common, except Noah Kraft. The Doppler Labs founder, who first came into the spotlight in 2014 with the launch of a wireless earbuds company, is teaming up with his brother to start something brand new. Well, for clarity’s sake, the brother duo are actual

Forever21’s parent company sues Bolt but settles for becoming a shareholder

A lawsuit that was filed against one-click checkout startup Bolt by one of its biggest customers will be dismissed as the two parties have agreed on a settlement, the companies announced jointly today. And interestingly, that same customer — Authentic Brands Group (ABG) — is now a share

Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL Auto, marking its foray into North Africa. Autochek said it will tap CoinAfriq

Azota is solving exam headaches for Vietnam’s teachers

Creating and grading tests are some of the most time-consuming tasks teachers deal with. In Vietnam, a startup called Azota wants to help with an online software platform that not only helps educators develop and proctor tests, but also automatically grades them using information from Vietnamese te

AI chipmaker Rebellions gets $22.8M Series A extension from Korean telco company KT 

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from strategic investor KT, one of the largest telecom companies in South Korea.  Last month, technewss reported on Rebellions closing on $50 million in funding that valued

Peakflo’s bid to build business payments for Southeast Asia attracts capital, customers

During the most recent Y Combinator startup batch, Peakflo stood out to technewss. The company’s simple pitch — Bill.com for Southeast Asia — fit neatly into the broader narrative of the world increasingly digitizing its workflows and the generally hot market we’d seen for

Daily Crunch: Android lock screen platform Glance will roll out to US consumers in coming weeks

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. Guess who's back? Back again? Well, me after a long weekend, but also Elon Musk is tweeting again, and he has lots of thoughts about socks. My partner in crim

Veo’s Candice Xie one year later, still slowly and steadily winning the profitability race

When you think about shared micromobility, Veo isn't exactly the first company that comes to mind. It's not as widespread as competitors like Voi, Tier and Lime, and it hasn't raised nearly as much in venture capital. But as consolidation and, simply put, bad business shapes the industr

4 negotiation points startup founders must focus on in a down market

For the first time in more than a year, venture capital funding saw a decline last quarter. For founders, this drop may spark concerns around how to secure capital, making them more likely to bend to investors’ terms and ignore details they wouldn’t otherwise. As founders bend over bac

Startup founders. Consider your language. Keep it simple.

Research shows that more than half of Americans can’t read very well. Their reading skill is below a sixth-grade level. As a startup founder, that is an important statistic. It is something you have to pay attention to. Especially if you are creating a company for regular folks. In a world of

Maolac pours new funding into superfood mimicking breast milk health benefits

Inspiration for a new company can come from many different places. For Maya Ashkenazi Otmazgin, a biomedical engineer, it was while nursing her first child that she got the idea for harnessing the health benefits of breast milk, but in food and wellness supplements for adults. “I wondered why we

American Robotics' owner set to acquire fellow drone firm, Airobotics

Some drone industry consolidation this morning as Ondas Holdings, the company behind Waltham, Massachusetts–based American Robotics announced its plans to acquire Airobotics. It's admittedly been a few years since we covered the latter, when the Israeli firm announced a combined $28.5 million

McEasy is digitizing Indonesia’s logistics, transportation and supply chain industries

In Indonesia, many logistics providers still use old-fashioned systems to track their operations and fleets, including pen-and-paper ledgers. McEasy wants to change that. The startup, which develops software-as-a-service solutions for the logistics and supply chain industry, has raised $6.5 million

Climentum backs startups with $157M to ‘accelerate Europe’s green transition’

Despite the economic downturn and perilous position many startups find themselves in, some industries are seeing continued momentum in terms of inwards investments — one of those is climate tech. In 2021 alone, some $40 billion was invested across more than 600 deals, a trend that is seemingl