Friendly Apps raises $3 million, pre-product, for apps that improve people’s well-being
Longtime engineer and product designer Michael Sayman has been building apps since he was a kid, landing him roles at Facebook, Google, Roblox and, most recently, Twitter, where he’s often been tasked with developing products aimed at a teenage audience. Sayman was only 17 when he joined Face
Roofstock founder closes on $90M fund to back early-stage proptech startups
Early-stage proptech startups have a potential new source of capital in 1Sharpe Ventures, which recently closed its $90 million inaugural fund.
Roofstock co-founder and chairman Gregor Watson and real estate investor Rob Bloemker started the venture firm in 2021, and had their first close last year
Manta, a data observability startup, raises $35M to grow its workforce
Over the last decade, the rate at which organizations create data has accelerated as it becomes cheaper to store, access and process data. But as data continues to grow in scale and complexity, it’s becoming scattered across apps and platforms — often leading to problems where it concer
Bowery opens a new vertical farm in Pennsylvania
When I wrote my big TC1 on Bowery Farming late last year, there was a lot of talk of the company's third commercial farming site in Bethlehem, Pennsylvania. Today the facility finally comes online after a big press unveiling. The New Jersey–based vertical farming startup says the facility, bu
Viola Credit closes $700M fund to provide asset-based lending to fintech startups
Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups.
If this fintech play reminds you of Silicon Valley Bank, think again. The latter provides corporate len
Joby Aviation secures certificate to operate commercial air taxis
Joby Aviation — the publicly traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administration to begin on-demand commercial air taxi operations, the company said on Thursday.
While it’
Astroforge raises $13M seed round for asteroid mining ambitions
Although we've long understood that asteroids are not simply the rubble of the universe, but potentially profitable stores of precious minerals, humanity has never been able to unlock this value. Y Combinator startup Astroforge wants to succeed where other companies have failed, by becoming the
As the head of Helios’ new VC arm, Wale Ayeni sees value in frontier markets
Wale Ayeni, one of Africa's well-known investors, has a new role as the head of Helios Digital Ventures, the venture capital strategy of private equity firm Helios Investment Partners, technewss has learned.
This appointment comes a month after Ayeni left the International Finance Corporation
With the pandemic leaving many searching, group support app Circles raises new round
Between one-to-one therapy and free online forums, people search for a range of solutions to mental health therapy online. Especially since the pandemic increased anxiety and depression rose by 25% globally (according to WHO) and also deepened an epidemic of loneliness.
Among players in the online
Dear Sophie: Does International Entrepreneur Parole have any advantages over an O-1 visa?
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
Not trademarking can be an Excruciatingly Expensive® and Wildly Annoying® mistake
I was recently talking to a startup that was airing its frustration over Apple’s Tracker Detect app that enables Android users to find nearby, unknown AirTags. The problem? The company TrackerDetect had been spending 2 years building up its SEO and brand recognition for its cybersecurity prod
Synthesis Capital closed its first fund with $300M, giving boost to food tech's future
Synthesis Capital, the one-year-old London-based food technology and alternative protein investor, closed its first fund with over $300 million in capital commitments.
The firm is led by former CPT Capital investors Costa Yiannoulis and Rosie Wardle, who have invested in the sector since its nascen
Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global
More venture capital keeps trooping into Africa's B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently.
This time, it's a startup that was in the news this January: Namibia-based JABU, whose $3.2 million seed r
Polygon launches ‘uncapped’ fund to help Terra projects migrate to its blockchain
As members of the Terra community try to pick up the pieces from its currently defunct economy, Polygon is beckoning to the dozens of developers who had projects built on the inoperative blockchain.
Polygon, a layer-2 blockchain built on Ethereum, has launched a “relatively uncapped multimill