Startups

Tech companies are being squeezed dry as the economy trends downward, which likely means they'll need to bring in more customers with fewer resources. In my opinion, this “stop; breathe” moment is an opportunity for companies to finally see what was wrong with their sales process.

Access to quality and affordable healthcare has long been an issue in the United States. Not everyone can afford health insurance and even for those who can, medical care can still be cost-prohibitive. Sesame, a startup that aims to address those issues with its online medical care

Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets or legacy tools to find the best price and come to an agreement with the supplier. That's fine as far as it goes, but in a world of growing supply chain

Winter is coming for the global economy: 8% inflation, China in lockdown, a war in Europe, plunging capital markets, a pandemic that won't end and a looming recession. But for the tech and startup world, winter is already here. The stocks of public software companies have fallen 80% to 90% from

Cohere, a startup creating large language models to rival those from OpenAI, today announced the launch of a nonprofit research lab: Cohere For AI. Headed by Google alum Sara Hooker, Cohere says that Cohere For AI will work to solve some of the industry’s toughest challenges by contributing &

Invoca, a platform that uses AI to analyze calls for marketing, sales and customer agent training purposes, today closed an $83 million funding round that values the company at $1.1 billion post-money. Invoca has raised $184 million to date, the bulk of which is being used to support product develo

Overair, a California-based electric vertical takeoff and landing (eVTOL) vehicle startup, has secured $145 million in funding that will go toward the development of Butterfly, the company’s experimental aircraft prototype, by the second half of 2023. As Overair works toward achieving Federal

Pan-African venture capital fund Launch Africa Ventures today is announcing the close of its $36.3 million fund, which it has primarily used to invest in B2B and B2B2C startups across Africa. In an interview with technewss, managing partner Zachariah George said Launch Africa has backed 108 startu

The pandemic was a moment of truth for Amazon Robotics. After years of work, numerous acquisitions and millions spent, could the retail giant's massive investment in automation help keep things running amid the biggest pandemic in a century? The answer was, decidedly, yes. The company's dep

Digital coaching platform CoachHub plans to further expand in the Asia Pacific and other regions of the world after raising a $200 million Series C. The round, led by Sofina and Softbank Vision Fund 2, comes just 8 months after the startup's last funding announcement. Other participants include

Many people have plenty of online subscriptions that they barely use and can save a fair amount of money with a service like Truebill to see all their recurring payments in one place. Spendflo wants to do the same for enterprise subscribers of SaaS services and is targeted toward chief financial of

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. June 13, 2022. You know what that means: It's Monday! Whether the word fills you with dread or delight, Monday is securely attached to not caring about your o

Earlier today, technewss+ published an open letter to startups from Index Ventures partner Mike Volpi with advice for startups that have different levels of runway. In short, the more cash that a startup has, the more latitude it will have to be aggressive in the present downturn and the looming r

Education took some significant twists and turns when the COVID-19 pandemic descended on the world. We saw a surge of new users, and new tools, around online learning; but we also saw a number of people and organizations more basically start to rethink how to get the best out of learning environmen