Startups

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Bitso, a Mexico City-based crypto exchange, is pledging to buy carbon offsets for every bitcoin transaction on its platform to compensate for the cryptocurrency's environmental toll. It may sound great in theory, but the idea also deserves a heaping dose of skepticism, given the sketchy reputat

Last year saw investors throwing record amounts of dollars into startups, but recent geopolitical events, an anticipated increase in interest rates and other factors are leading to a slowdown in venture capital financing. Since the pandemic began, intellectual property assets have seen an increase

Yesterday, Amazon announced that Agility Robotics is one of the five initial startups benefitting from the company's $1 billion innovation fund. If I had to guess, I'd say that meant the retail giant was eyeing the Oregon State University spinoff as a potential addition to its warehouse rob

The metaverse is coming — and it’ll be here sooner than you might think. Gartner forecasts that by 2026, a quarter of people will spend at least an hour a day in the metaverse. This is great news for businesses, as it will unlock new business models and ways of working that will add value i

MadEats, a Y Combinator alum, claims to be the first “'full-stack' delivery-only startup in the Philippines,” with their own virtual storefront, ghost kitchens and fleet of drivers. More than that, they also conceptualize and launch their own brands, making them a delivery-only restaura

Amazon may be attempting to take on Shopify in the west, but in India, it is gearing up to explore social commerce. Amazon has acquired the Indian social commerce startup GlowRoad in an all-cash deal as the e-commerce giant makes a bigger push into one of its key overseas markets, a source directly

Construct Capital co-founders and general partners Dayna Grayson and Rachel Holt continue to dive into innovation that some investors may not think is so sexy, but actually runs behind the scenes so that our food gets to grocery stores every week and our packages arrive when they say they will. And

Cultivated meat, grown in a bioreactor rather than out on the range, might be one of the big food trends of the decade. But it’s relying on tech built around multiplying yeast and bacteria cells, not animal tissue — and Unicorn Biotechnologies wants to change that with new equipment created

French startup Greenly has raised a $23 million Series A round. The company has built a software-as-a-service platform that lets you calculate your company's carbon emissions, store and track them in one place, generate a certified report of your carbon footprint and get some insights about way

Skyflow, which sells data privacy tools for corporate customers, this morning announced a partnership with Plaid, a unicorn that helps pass fintech data between parties through an API. technewss most recently covered Skyflow when it secured an outsized Series B late last year, a funding event that

The instant grocery delivery game is not for the faint of heart. We noted earlier this year that grocery delivery is a tough business to be in, given the competitiveness of the market and later-stage funding drying up for cash-intensive sectors like this one. Even the giants in the industry aren

The venture capital market is slowing down, which means early-stage founders are chasing a smaller pool of money. According to Carta, the number of seed deals funded between Q4 2021 and Q1 2022 fell 41%, and dollar volume followed suit, dropping from $2.62 billion to $1.81 billion, a 31% decline.

The saga of Ubuntu-maker Canonical‘s IPO efforts now stretches back quite a few years. I think the first time I talked to the company’s founder Mark Shuttleworth about going public was in 2018, though there had already been some chatter about it in previous years. But the timing never q