Startups

Amid a venture funding decline and dearth of IPO activity, startups have found a new way to occupy their time: buying other startups. The notion of startups acquiring other VC-backed companies is nothing new. Meta bought venture-backed Instagram a month before Facebook’s May 2012 IPO; food de

Travel booking app Hopper announced today that it’s launching a number of new flexibility products that are designed to help customers save money on hotel, flight and car bookings. Hopper says that almost 60% of app customers purchase at least one fintech product when making a booking. The co

Finding and affording child care is one of the biggest challenges parents face. Kinside makes the process easier by not only providing a marketplace of verified carers but also helping parents tap into their flexible spending accounts (FSA) and other benefits to afford care. Today, the company anno

Lagos and San Francisco-based Klasha has received an additional $2.1 million to complete its $4.5 million seed round. The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors including Amex Venture

An Indian edtech startup that has made deep inroads in smaller Indian cities and towns with its low-cost learning offerings is the latest to join the South Asian nation’s fast-growing unicorn club. PW, or PhysicsWallah, has raised $100 million in its Series A funding, the profitable startup s

Last year saw a huge funding boom for Southeast Asian consumer investment apps and if Pintu's funding announcement today is anything to go by, that looks set to continue. The cryptocurrency-focused app has raised a $113 million Series B from Intudo Ventures, Lightspeed, Northstar Group and Pant

Perhaps it's the end of an era now that Sheryl Sandberg announced she will leave Meta. However, to Kelly Graziadei and Joanna Lee Shevelenko, general partners at f7 Ventures, an early-stage venture firm, they are carrying forward in their new endeavor the influence Sandberg had on them during t

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. Today is Monday, June 6, 2022, and in case you didn't know, it is also Apple's WWDC conference, which is what Haje and our other colleagues are focused on

Pan-African digital payments company MFS Africa is acquiring U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million, FT reported today. There are very few deals of such manner; that is, an African tech company buying up a U.S.-based one. While it can be seen as brag

At this point, covering the one-click checkout space feels like an exercise in horse-kicking, but we’d be remiss to skip our usual math on the Bolt situation. Bolt is one of the better-known one-click players in a cohort of startups that offers software to e-commerce retailers that is similar

Whatever idea you have for a platform that solves an “unaddressed market need,” it's almost a given there's a team somewhere working on something similar. In fact, it's not uncommon for two or more founders to launch similar companies and products within months or weeks of o

Vayyar, a company developing radar-imaging sensor technologies, today announced that it raised $108 million in a Series E round led by Koch Disruptive Technologies, with participation from GLy Capital Management, Atreides Management LP, KDT, Battery Ventures, Bessemer Ventures, More VC, Regal Four

In a fresh SEC filing this morning, Twitter shared a letter it received from Elon Musk’s legal team indicating displeasure with the company’s offered information regarding the level of “spam and fake accounts” on its service. This is the same concern that the technology entr

Online education continues to get a lot of attention in the wake of COVID-19 and the shift it brought to how people can learn. And to underscore that fact, Go1 — one of the rising stars in the world of enterprise learning, providing education and training to businesses in turn to offer to its