Boundary Layer wants to steal air freight’s lunch and transport it by water instead

If you’ve ever spent time writing beat poetry about container ships chugging their way into and out of harbors, “nimble” or “fast” will be unlikely to make it into your finely crafted written words. And if your (admittedly increasingly esoteric) poetic bent is more of

The US is about to get serious about EVs

For most of the last decade, Americans largely ignored electric vehicles. Some brands sold decent numbers, like the Chevy Bolt or Nissan Leaf, but they were largely targeted at thrifty commuters or EV diehards. Others, like the Ford Focus Electric, were intended only to comply with laws that mandat

Dear Sophie: How do we qualify for each of the O-1A criteria?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

Announcing the startups pitching at the TC City Spotlight: Columbus pitch-off

Today, technewss is virtually hosting TC City Spotlight: Columbus — an event shining a spotlight on the innovation, investment and entrepreneurship in the region. The event will feature panels highlighting the successes and challenges facing the massive tech scene. In true technewss fashion, pa

Plastic upcycling startup Novoloop raises $10M Series A extension to accelerate commercialization

Novoloop, a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son's Mistletoe. This follows a first raise of $11 million in February and brings the Series A to $21 million and its total

SoftBank co-led $66 million round for blockchain-focused InfStones

"http://localhost:81/images/resimler/speakable-summary"> Despite shaky markets, a steady stream of investors continue writing big checks for blockchain infrastructure providers. InfStones, which aims to help clients build applications across a number of blockchain platforms, closed a

Car-sharing startup Turo expands to New York and France

Peer-to-peer car-sharing company Turo is expanding to New York State and France in June, the company said on Wednesday. The expansion comes at a time when post/mid-COVID tourism is beginning to heat up, but renting a car will be difficult and expensive due to ongoing semiconductor shortages and sup

Binance Labs closes $500M fund to focus on web3 and blockchain adoption

Venture capital firms continue to deploy and raise capital for crypto markets despite volatility in recent weeks, with Binance Labs closing a $500 million investment fund to focus on web3 and blockchain technology adoption. “We really see the fund as another step in terms of us b

Odilo raises $64M as its white-label e-learning library passes 8,500 customers and 170M users

"Page 1"> E-learning — whether it’s in the form of a supplement to physical materials or live lessons; or the primary or even only medium being used — is now an indelible part of the educational experience; and now a startup out of Spain that’s built a platform to help deli

Indian fintech Slice tops $1.5 billion valuation in new funding to scale UPI payments

Slice, a fintech startup that is bringing credit card features to millions of Indians, has raised $50 million in a new financing round as it looks to scale its recently launched UPI payments product and push to make its core credit business profitable. Tiger Global led the Bengaluru-headquartered s

Egyptian q-commerce platform Appetito bags Lamma for over $10M

Appetito, the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma, an identical startup with operations in the Maghreb regions of Tunisia and Morocco.  The deal is expected to close b

Chick-fil-A taps Refraction AI for autonomous delivery pilot

When Refraction AI was founded in 2019, its goal was to use robotics to bring down the cost of last-mile delivery. Over the past couple of years, the startup has worked directly with restaurants in its hometown of Ann Arbor, Michigan, to offer its bike-lane bound robots as a logistics layer for cus

Precursor Ventures' first hire just spun out to start her own venture firm

Sydney Thomas, who was the first hire at Precursor Ventures, a seed and early-stage focused fund that backs first-time founders, is starting her own venture firm. The investor is going from principal at the firm she joined 6 years ago to the solo-partner behind a new, unnamed firm. The job move may

Student social good startups collect $100K in T-Mobile competition

A diverse collection of students with big ideas will split about a hundred grand in prize money after competing in T-Mobile’s Changemaker Challenge. Now, $5,000-10,000 may not sound like a lot to companies pulling in tens of millions, but for a kid just starting out, it could be the differenc