Snap debuts its fifth cohort of Yellow accelerator startups

Snap’s in-house Yellow accelerator program, which invests in startups, has debuted its fifth batch of investments. The company invests $150,000 in each Yellow startup for an equity stake as part of the accelerator program, which first launched in 2018. The startups will receive mentorship fro

Hookdeck snares $2.4M seed to help developers manage webhooks

Hookdeck founders Alexandre Bouchard and Eric Tran were working on a product to help manage webhooks in 2020 when they became discouraged and decided to step away to gain some perspective. The founders went rock climbing for a few months, and while they were away, people discovered their solution a

Grab one of the last remaining tickets to TC Early Stage

Just two days — with only a handful of tickets remaining — until technewss Early Stage drops invaluable knowledge on the newest generation of startup founders in San Francisco on April 14. If you've been procrastinating, or if last-minute decision making is one of your core competencies,

BlackRock, Fidelity and others to invest $400M in USDC stablecoin issuer Circle

Circle, a crypto-focused financial technology firm, has entered an agreement for a $400 million funding round, the company announced. It is expected to close in the second quarter of 2022. Investors in the round include BlackRock, Fidelity Management and Research, Marshall Wace and Fin Capital.

Sterling Road takes a coaching-first approach to VC investing

There’s not a lot new under the sun in the world of venture capital — look at 20 VC websites and they’re pretty much all indistinguishable. Yes, they invest in the best teams. Yes, they are “value add.” Yes, they… god, it’s so boring I want to gauge my eyes

Jobox is building a bridge between skilled labor, available work

The global pandemic shifted many home service employees from W2 to 1099 status, which is giving Jobox.ai a lot more business. The Florida and Bay Area-based company is going after the $595 billion home services industry, where skilled labor is facing a shortage, by connecting companies with over 5,

FLOWN raises £2.5M to combine Calm-meets-Peloton-meets ‘deep work’ in a B2B platform

With individuals and teams transitioning to a fully remote or hybrid working models, post-pandemic, there's a theory that employees still desire the structure and accountability that working in an office used to provide. Not everyone likes working remotely full-time, right? There's a lack o

A neobank for digital entrepreneurs, founded by a former Apple Card designer, just raised $5.3M

Daniel Sathyanesan spent two years at tech behemoth Apple as a user experience designer on the Apple Card before venturing out on his own. While running his own business — a service-based design agency — Sathyanesan quickly realized that banking options for a digital solopreneur were le

Proving that chatbots are alive and kicking, Quiq raises $25M

Chatbots are alive and kicking. That’s the message from Quiq, an AI-powered conversational platform, which today revealed that it closed a $25 mlion Series C financing round led by Baird Capital. CEO Mike Myer says that the funding, which had participation from Venrock, Foundry Group and Next

Glow Labs raises seed round to help NFT creators reward their loyal customers

The NFT market was worth $41 billion at the end of last year — nearly as large as the conventional art market by some estimates — and it’s expected to nearly double in size by the end of 2022, according to a report released this week by blockchain analytics firm Nansen. As the spa

Montonio is building the payment and checkout solution to rule them all

Meet Montonio, an e-commerce checkout solution created by a small startup based in Tallinn, Estonia. The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. It wants to become the only tech partner you need to run a small and medium e-commerce shop. Monto

Aemi eases the challenges of social commerce in Vietnam

"attachment_2298790" aria-describedby="" style="width: 1024px">Aemi founders Hieu Nguyen and Kim Vu Social commerce sellers can be as small as one person selling products to their followers on social media platforms like Instagram or Facebook. Many don't have a web storefront and instead rely on

PayMaya owner Voyager Innovations raises $210M at a valuation of $1.4B

Voyager Innovations, the owner of the Philippines' payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 billion. The round was led by SIG Venture Capital and included participation from EDBI and First Pacifi

Daily Crunch: FDA clears Fitbit algorithm that passively scans for signs of AFib

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. Welcome to the Daily Crunch for Monday, April 11, 2022! Today was the day that Elon Musk surprised us by saying he was not joining Twitter's board, though at t