Startups

When ZincSearch founder Prabhat Sharma worked as a solutions architect at AWS, he helped customers implement a lot of tools on top of AWS infrastructure services. He noticed that most of the solutions that were designed to help companies sift through log data were from a different era, and those th

Xendit, a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company's new valuation wasn't disclosed, but it hit unicorn status in its last round of funding in September 2021. The new round brings its total raised to $538 million and was led

When Pedro Conrade started Brazilian digital bank Neon in 2016, he was a 23-year-old business school student who was frustrated with the service and costs associated with traditional banking in his country. “I used to make $300 in a month to pay $200 a year in banking,” he recalls. “It was su

Berlin-based Zolar has bagged €100 mlion (~$105 mlion) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly exposed to the energy crisis triggered by the war in Ukraine as it remains heavy dependent on Russian g

Cars24, a marketplace for used cars, has laid off about 600 people just five months after closing a $400 million financing round, the latest Indian unicorn to cut its workforce as it attempts to steer through the gloomy market conditions. The Cars24 layoff, which represents about 6% of the startup&

It's Wednesday, May 18, 2022, and we are hanging out at our Mobility event, ogling cars that fly, drive themselves and have various identity crises. Wish you were here if you're not, and hope to run into you if you are! — Haje and Christine The technewss Top 3 Fintech finds footing in f

Aurora Innovation, an autonomous vehicle technology company, has expanded its self-driving freight pilot with FedEx to include a new lane from Fort Worth to El Paso, Texas. The startup has been hauling freight for FedEx between Dallas and Houston since September 2021, which has involved making the

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 drea

Ben Bear, the CEO of shared micromobility operator Spin, is stepping down from his role just a couple of months after the company was purchased by Tier Mobility, another shared operator with a large European presence. In Bear’s place will be Philip Reinckens, a Tier veteran who, as of June 6,

Generation Investment Management, a sustainability-focused public and private equity firm co-founded by Al Gore, is upping its bet on growth-stage companies via a new $1.7 billion fund. With $36 billion in total assets under management, Generation puts the majority of its money behind publicly tra

It's been a year since Octave Klaba, the founder of OVHcloud, acquired Shadow following a commercial court order. After a stabilizing period, the company is now ready to launch a new plan, a new service and a new B2B offering. Shadow is a cloud computing service for gamers. People can pay a mon

How many people have stuck with the same auto insurance provider because the process of finding a new one feels overwhelming and painful? A lot. It's no surprise then that a number of startups have emerged over the years to help consumers tackle this challenge in one way or anot

With global e-commerce sales poised to be a $5.5 billion industry this year, startups in the e-commerce enablement software space are looking to carve out a niche in this huge market. One of those is Because, a startup developing no-code software connecting disparate data sources to automate high v

Attention mobility enthusiasts! It’s been three long years since our last in-person mobility event, but the day has finally come. Welcome to Day One of TC Sessions: Mobility 2022! Get ready for two days of programming dedicated to taking a deeper dive into the future of transportation and to