Startups

Netflix has acquired Texas-based independent game developer Boss Fight Entertainment, the company announced in a blog post. The financial terms of the deal were not disclosed. The deal, which marks Netflix’s third acquisition of a gaming company, is part of the streaming service’s ongo

Firstbase announced a Series B round of funding today, led by Kleiner Perkins. technewss covered the company’s Series A one year ago, when the world’s remote work shift was fully underway. Now in a more hybrid world, with corporations large and small trying to figure out how they will

French startup Bigblue has raised a $15 million Series A funding round. The company operates an order fulfillment platform for direct-to-consumer (D2C) brands. In other words, a D2C brand can outsource all things related to logistics to Bigblue so that they can focus on product and marketing. Runa

Glance has acquired India’s Gambit as the Google-backed firm looks to supercharge its mobile games offerings and introduce NFTs to its Gen-Z users, technewss has confirmed. Piyush Shah, co-founder of InMobi Group and COO of Glance, confirmed the acquisition but declined to share the financia

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. Hello and welcome to Daily Crunch for Thursday, March 24, 2022! I am happy to report that Haje is taking on the day's startups section, as he will be sharing t

Ola said on Thursday evening it has reached an agreement to acquire Avail Finance, a financial services startup that serves the blue-collar workforce, as the ride-hailing giant looks to expand its financial services offerings. The two startups did not disclose the terms of the deal. Avail Finance h

Money creates a chain reaction; the more you have, the more you can earn. But it can have an exponentially adverse effect if you don’t have it. This holds true for data as well. Vast amounts of information improve banks' ability to support customers, but financial institutions must know h

Repairing a home that's been destroyed in a hurricane, tornado, flood or fire can take quite a while, displacing homeowners during that time. Captain founder and CEO Demetrius Gray noted that following storms, like the Katrina and Sandy hurricanes, the average primary recovery period was 14 mon

Global plastic use is expected to double by 2040, with most plastic sent to landfills and only 13% recycled. According to CIEL (Center for International Environmental Law), plastic production and incineration could produce 2.8 gigatons of carbon dioxide every year by 2050.   To help end the glo

Historically, only institutions have been able to be part of REITs (real estate investment trust), which are made up of companies that own or finance income-producing real estate across a range of property sectors. A startup called Flock Homes wants to give landlords a similar ability to own shares

Infrastructure startups continue to attract venture dollars across the globe, especially in the case of payments infrastructure providers. No-code too also remains a draw. A startup that is a blend of the two can be found in Bogota, Colombia-based Simetrik, which just raised $20 million in a Series

The autonomous driving industry in China has enjoyed a boom over the past two years, with both institutional and corporate investors pouring money into a driverless future. Companies thriving in the downstream, those offering robotaxi services, operating robo buses, or dispatching delivery bots, ha

Kwik, a Nigeria and French-based startup that provides logistics services to B2B merchants, from social vendors to e-commerce platforms, has raised $2 million in Series A funding. The financing round was led by XBTO Ventures, a crypto finance company with a VC arm that invests in digital assets, am

French startup Weglot has closed a $50 million Series A funding round (€45 million) from Partech. The company has built a translation solution for websites. It helps you add more languages to your site without a lot of tweaking and without having to switch to a different CMS or e-commerce platfor