6 questions investors should ask when evaluating psychedelic biotech companies
As a venture firm that invests in psychedelics, we receive hundreds of pitches every month from founders developing psychedelic therapeutics.
Startups are developing treatments for depression by combining psilocybin with psychotherapy, creating new delivery methods, like dissolving strips and patch
SpinLaunch scores NASA test mission to demonstrate its unique launch method
SpinLaunch aims to change how we get to orbit by shooting payloads skyward from the surface at 5,000 MPH, and now it has a shiny new NASA contract to show off its capability later this year.
We’ve been hearing about SpinLaunch for years, but until fairly recently its idea for accelerating mas
China’s Zhiyi Tech raises $100M to help fashion brands predict bestsellers
In China, livestreaming promotion is emerging as a popular way for brands and influencers to reach consumers, challenging the traditional e-commerce model where users browse static pictures, read reviews and place orders. Arising from this trend are tools that help brands better predict what and ho
Docyt raises $11.5M Series A for its AI-powered accounting automation service
Docyt, a startup that offers an AI-powered accounting automation platform for small and medium-sized businesses (SMBs), today announced that it has raised an $11.5 million Series A funding round led by Lobby Capital, with participation from First Rays Venture Partners, which led the company’s
After mass layoffs, Better.com offers severance, health insurance to employees who voluntarily resign
Less than one month after laying off 3,000 employees, digital mortgage lender Better.com is offering its corporate, product, design and engineering employees 60 days paid severance, or voluntary separation plans, and health insurance coverage “to anyone who wants it,” according to sever
Prepared wants to drag the US 911 system into the modern era
Prepared, a startup building technology to better connect citizens to the U.S. emergency calling system, announced today that it has raised a $9.8 million round, led by First Round. Other investors in the round included M13, 8VC and Modern Venture Partners, among others.
The company has now raised
Announcing the TC Spotlight Austin Pitch-Off startups
Today, technewss is hosting TC Spotlight: Austin — a virtual event highlighting the innovation, investment and entrepreneurship in the region. The first part of the event will feature panels highlighting the successes and challenges facing the massive tech scene. In true technewss fashion, part
Austin’s Will Hurley on the city’s incredible tech rise
In Austin's tech world, there's an entrepreneur everyone knows by one name: Whurley. “Whurley” is the Unix username for serial tech entrepreneur Will Hurley, and it's his brand.
“The phrase Keep Austin Weird should really be tweaked to Keep Austin Whurley, because he embod
SmartHop raises $30M to boost trucking fintech products
SmartHop, a startup that uses AI to help interstate truckers make their routes more efficient and lucrative by removing administrative headaches, just raised a $30 million Series B financing round, bringing the company’s total funding to $46 million following a $12 million Series A last year.
Austin emerges as a city of unicorns and tech giants
Austin made headlines in 2021 for being “the place” for startup founders and venture capitalists alike to set up shop. That's why technewss has chosen to shine a spotlight on the city with a special episode of technewss Live centered on the growing startup scene in Austin, Texas.
As Austi
Aurora launches autonomous freight pilot with Werner, expands terminal network
Aurora Innovation is launching its third autonomous freight pilot in Texas. Starting this week, Aurora Driver-powered trucks will haul loads for Werner Enterprises, a transportation and logistics company, between Fort Worth and El Paso, Texas.
The startup is already hauling freight for Uber Freight
noissue acquires Tapkit to bring QR codes to sustainable packaging
Noissue, a New Zealand-based packaging platform that offers custom, sustainable packaging to businesses of all sizes, has made an acquisition that gives it a team and the tools necessary to build microsites and dynamic QR codes.
On Wednesday, noissue announced the acquisition of London-based Tapkit
London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures.
The London-based company provides identity, data and payments products that it says gives developers a way to capture consent permissions and “securely” connect payment ca
Binance.US raises over $200M in first seed round, hitting a $4.5B valuation as it preps for IPO
Binance.US raised over $200 million in its first external funding round, putting its pre-money valuation at $4.5 billion as it builds out a roadmap for an initial public offering (IPO), its CEO Brian Shroder told technewss.
The company is targeting an IPO in two to three years from April 6, Shrode