Startups

Whether to power translation to document summarization, enterprises are increasing their investments in natural language processing (NLP) technologies. According to a 2021 survey from John Snow Labs and Gradient Flow, 60% of tech leaders indicated that their NLP budgets grew by at least 10% compare

Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue streams through digital collectibles. The startup's marketplace, Ayokenlabs, will feature digital collectibles from musicians, sports brands and influencers from all over the wo

Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. But

As expected, the Broadcom-VMware deal is a go. The chip giant intends to snap up the virtualization software company for $61 billion in cash and stock, along with taking on $8 billion in VMware debt. It's not an inexpensive transaction, but thanks to a “go-shop” provision that gives

Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here. Sequoia takes things seriously. The storied venture firm is known to react to macro-economic events with grand memos aimed at portfolio co

In 2015, the launch of YOLO — a high-performing computer vision model that could produce predictions for real-time object detection — started an avalanche of progress that sped up computer vision’s jump from research to market. It’s since been an exciting time for startups as entrep

Bacterial secretions might dye your future wardrobe, and that'd be an improvement. That’s because textiles usually get their hues from toxic chemicals, and the resulting wastewater — laden with dyes, acids and formaldehyde — destroys rivers, such as those surrounding Dhaka, the capit

Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquartered startup is engaging with several investors to raise about $50 million at a $350 million valua

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized autho

Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, The New York Times is reporting today. According to its sources, Substack held discussions with potential investors in recent mont

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. It's Thursday, May 26, 2022, and we have a busy day of news on the site today. Here are the gems sparkling in the spotlight of our journalistic gaze.

The excitement around web3 and the metaverse have pulled plenty of entrepreneurs who defined the first generation of native mobile apps to begin questioning what’s next. Foursquare founder Dennis Crowley is on the co-founding team of a new startup called LivingCities, alongside Matt Miesniek

More than 80% of food delivery orders in Latin America are still made over phone calls and settled with cash. OlaClick, a young startup that is helping these restaurants sell online and collect money digitally, announced on Thursday it has received backing from scores of investors, including Gradie

technewss has been covering the demo days of the seed-stage venture firm Pear VC since 2015. (There we are in the front row in 2016, surrounded by investors, typing away.) A few things have remained true since that time. There are typically 10 or so companies that present and not many more. A lot