Startups

At a time when U.S. venture dollars are slowing down, CIBC Innovation Banking is announcing $1.5 billion in growth capital commitments, dubbed “Unicorn Fuel,” to focus on later-stage companies across software, life sciences, healthcare and clean tech industries. Mark McQueen, president and exec

Startups face many challenges, but one outsized one is having to navigate regulatory requirements that differ in each jurisdiction. Particularly when it comes to financial compliance, implementing solutions isn’t a walk in the park — or cheap. A recent Accenture survey found that nine in 10

Fia Jones was 19 years old and studying physics at the University of Auckland in 2019 when she approached Rocket Lab founder and CEO Peter Beck at a party and told him she had an idea that would change the game for powering satellites. She'd be happy to tell him all about it … if he'd be

As the cannabis markets are maturing, we’re seeing new opportunities rise to the surface. JourneyOne Ventures told technewss it’s completed the first close of a $10 mlion fund and has started making its first investments. I spoke with the fund’s solo manager, Helene Servlon, to f

When Christian Lawless founded Conversion Capital in 2015, fintech was only starting to take off. But Lawless, who started the venture firm after serving in leadership positions in capital markets at Lehman Brothers and Barclays, had a vision that financial services infrastructure would be unbundle

Last week I wrote about an AI startup thaṯs buding technology that can alter, in real time, the accent of someone̱s speech. But what if the AI goal instead is to make it possible for people speaking in whatever way they do, to be understood just as they are, and to remove some of the bia

Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. While we'd nearly always cover a notable acquisition in a relevant tech sector, the extra interesting bit here is a personnel one: bo

Google has invested in Progcap, an Indian startup that provides working capital to small and medium-sized businesses, the firms said Tuesday, making a new push into a category that has attracted the attention of Facebook and Amazon in recent years. The investment is part of a $40 million fresh fund

Amount, a fintech that reached unicorn status last year, has laid off 18% of its workforce. The exact number of how many people were affected is not known, but when technewss reported on its last raise in May of 2021, the company said that it had 400 employees. If that is still the case today, the

Customer service is a huge industry. Meanwhile, across many sectors, employees remain hard to find, so it’s no surprise that a lot of startups have emerged to help companies offer a better experience for their customers through advanced tech; there’s money in them thar hills. Many have

The promise of STEAM robots, which are billed to increase children’s interest in science, technology, engineering, arts and mathematics (STEAM), has been around for years. The market is teeming with products from hardcore robotics scientists and their copycats. Many have faded away, but inves

Africa-focused venture capital firm TLcom Capital has appointed Eloho Omame as a partner six months after announcing the first close of TIDE Africa Fund II, its $150 million second fund (it expects to reach a second close later this year, according to its partners). TLcom Capital is known for inves

Logistics in much of Southeast Asia is not only complicated, but also expensive. Deliveree wants to solve that problem with a platform that not only lets clients book trucks, but also uses algorithms to determine the best route based on location, trucking loads and even the weather. The company ann

Just as one company's success shouldn't cast a halo on its vertical's brethren, one company's layoffs don't quite mean that its competitors are equally screwed. Instead, I think that changes within a particular startup can be used as benchmark questions for their larger market;