How to evolve your DTC startup’s data strategy and identify critical metrics

Direct-to-consumer companies generate a wealth of raw transactional data that needs to be refined into metrics and dimensions that founders and operators can interpret on a dashboard. If you're the founder of an e-commerce startup, there's a pretty good chance you're using a platform li

Only 1 in 6 unicorns are true IPO candidates today

There are more than 1,000 private companies with billion-dollar valuations backed by venture capital that need to go public. Fewer than one in six are IPO candidates, however. Data from Bessemer Venture Partners’ State of the Cloud 2022 report breaks the unicorn market into two categories. (N

Tractian, which uses AI to monitor industrial equipment, raises $15M

Tractian, a startup developing a product to monitor the status of machines and electrical infrastructure, today announced that it closed a $15 million Series A funding round led by Next47, with participation from Y Combinator and others. The money will be put toward product development and expandin

Warehouse robotics firm GreyOrange raises $110M via growth financing

Robotics firm GreyOrange this week announced it has raised $110 million. The funding comes four years after a $140 million Series C that brought the Atlanta-based company's raise to $170 million. Rather than the standard fundraising round, however, GreyOrange has opted for growth financing, lar

Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’

Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as $100.” Returning backers include Bezos Expeditions, the personal investment company of Jeff Bezos; Good Friends, a venture f

Greenlight, a $2.3B fintech focused on kids, launches credit card for parents

Greenlight, the Atlanta, Georgia-based fintech company that pitches parents on kid-friendly bank accounts, is launching a credit card. The Greenlight-branded card, offered through Mastercard, offers up to 3% unlimited cash back on all purchases and gives parents the option to automatically invest t

Amid crypto’s talent war, Encode Club mints new web3 developers

Crypto-savvy developers are in short supply these days. Blockchain startups and protocols are fighting to onboard and train more engineers — an even tougher undertaking in a world where developing on Ethereum vs. Solana vs. Polkadot vs. another blockchain can require completely different prog

Real-time database startup Imply reaches unicorn status with $100M infusion

The desire to extract value from enterprise data has only grown as the pandemic prompts organizations to digitize their operations. But organizations often lack the right set of tools to do so. According to a recent Fivetran survey, 82% of companies are making decisions based on stale information,

Daily Crunch: ‘The bitcoin network is not a payments network,’ says FTX CEO Sam Bankman-Fried

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It's Monday the 16th of May, and I'm back once again, like a renegade master. I'm fantastically over-caffeinated and at a standing desk today, so for t

Kolkata Chai's next cup includes a taste of venture funding

Co-founded by brothers Ani and Ayan Sanyal, Kolkata Chai wants to be “the place to get good chai” in the United States. It's a big market. The Sanyal brothers estimate the national tea market represents a $12.7 billion business per year. To chase after it, the duo tells technewss that Kolk

Prusa buys 3D-printer seller Printed Solid to expand US footprint

Lots going on in the world of desktop 3D printers — that's not a sentence I thought I'd be writing anytime soon. Days after MakerBot and Ultimaker announced merger plans, one of the companies' most well-regarded competitors is making its own moves. Prague-based Prusa Research is a

Start up solo or bring on a co-founder? 4 factors to consider

Every journey to entrepreneurship is unique. I find the world of startups fascinating because the desire to address a problem or need — often one you've struggled with yourself — is just too tempting to resist. Taking on that problem on your own as a solo founder can be daunting, but it can

Melbourne-based Blinq wants to make paper business cards obsolete

Business cards feel almost as outdated as Victorian calling cards, but they are still a networking staple. Melbourne-based Blinq wants to do away with them altogether. The app generates a QR code that shows your professional info, including social media links, as soon as someone scans it, even if t

Flexxbotics puts work-cell manufacturing on cloud nine

In manufacturing — and especially in the space of contract manufacturing, where production lines are reconfigured to suit the product that’s being built — we’ve seen a prevailing trend from super-specific automation robots that are custom-built to do just one thing, toward m