Startups

Notarize, a startup that offers remote online notarization services, has let go of 110 people — or 25% of its workforce. Doing the math, the 7-year-old, Boston-based company had about 440 employees before the staff reduction. When the COVID-19 pandemic first began, demand for Nota

On-demand food delivery company JOKR said it was shuttering its New York and Boston deliveries as of June 19 and leaving the U.S. market altogether, with co-founder and CEO Ralf Wenzel saying the startup is going to focus on Latin America. “We have decided to stop our business activities in the U

In a company-wide Twitter call today, presumptive buyer Elon Musk answered questions from “tweeps” for the first time. Will the Tesla and SpaceX CEO’s $44 billion offer to buy Twitter actually go through? Your guess is as good as mine — but the market downturn means that his

In an effort to kick-start a greater number of Black tech founders in Europe, last year Google for Startups launched a $2 million (£1.5 million) grant fund to help tackle the quite obvious and stark racial inequality in the European tech industry. That fund ended up doubling to $4 million (£3 mil

Way back in August of last year, we highlighted the launch of Corvus Robotics in the Actuator newsletter. The Boston-based firm is one of a handful of startups looking to leverage indoor drones to help warehouses keep track of inventory. It's a clever solution that's been thus far difficult

Few sectors have boomed in the past few years like climate tech has. But despite the burgeoning urgency driving interest and investments, the ongoing market downturn is threatening to dim the prospects of many bright startups. But are climate tech VCs as gloomy as the rest? Three in

Welcome to Online Day at TC Sessions: Climate! Opportunity knocks just as loud online as it does IRL, but this knock can be heard around the world. You'll find everything happening today listed in the event agenda, but here's a quick rundown of what's in store. Pass Protocol: If you att

Rune Labs, a precision neurology company in San Francisco, announced that its StrivePD software ecosystem for Parkinson's disease has been granted 510(k) clearance by the U.S. Food and Drug Administration (FDA) to begin using the Apple Watch to collect and measure data from Parkinson’s pa

Many of us take prescription medication with little to no understanding of just how long it takes — or how much it costs — to get that drug to market. Conducting clinical trials of a given medication usually takes years and lots of money. It is estimated that in 2019, the pharmaceutical industr

Just days after publicly traded real estate tech companies Redfin and Compass laid off a combined 900-plus employees, another proptech — HomeLight — is announcing that it has secured $60 million in capital and $55 million in debt financing. HomeLight's latest $60 million equity rais

Dynaboard founder Alex Kern has been programming since he was a teen, and over the years has attended more than 100 hackathons, even launching one of his own, Cal Hacks. Later he helped build a company called Distributed Systems that was acquired by Coinbase in 2018. Throughout these experiences, h

Lightning AI, the startup behind the open source PyTorch Lightning framework, today announced that it raised $40 million in a Series B round led by Coatue with participation from Index Ventures, Bain, the Chainsmokers’ Mantis VC and First Minute Capital. CEO William Falcon told technewss tha

Goat Brand Labs has raised $50 million in fresh funding as the Indian direct-to-consumer brand aggregator looks to acquire more premium brands and help them scale globally. Winter Capital, Vivriti Capital, 9Unicorns, Venture Catalysts and Oxyzo financed the Bengaluru-headquartered startup's Ser

Pazcare, a Bangalore-based employee benefits and insurtech platform, announced today it has raised $8.2 million led by Jafco Asia, bringing its valuation to $48 million. The funding also included participation from returning investors 3One4 Capital and BEENEXT. Pazcare currently offers health, term