Web3 digital identity startup Unstoppable Domains said to seek funding at $1 billion valuation

Unstoppable Domains, a popular blockchain naming system provider, is putting together a funding round at a valuation of $1 billion, three people familiar with the matter told technewss. The startup is in talks with a number of new and existing investors including Draper Associates, Coinbase Ventur

Eko expands algorithmic heart problem detection and lands $30M Series C extension

The stethoscope has come a long way from its humble beginnings in the 19th century. The regular acoustic type is still used every day, but it's been joined by a panoply of digital options that can amplify or convert heart sounds into electrical signals. Eko, a company founded in 2013, has focus

Cloud providers' default retention policies are not enough: You better back your SaaS up

If there's one thing that recent earnings reports from Microsoft, Google and Amazon made clear, it's that their cloud businesses are booming. While the shift to the cloud is well underway, many companies aren’t paying attention to a critical aspect of this growth: the dramatic increas

Glass rethinks the smartphone camera through an old-school cinema lens

Smartphone cameras have gotten quite good, but it’s getting harder and harder to improve them because we’ve pretty much reached the limit of what’s possible in the space of a cubic centimeter. Glass is a startup looking to fundamentally change how the camera works, using a much bi

Fresh off dramatic majority shareholder exit, Firefly could be headed for a SPAC

Firefly Aerospace’s roller coaster ride could soon send the rocket startup to the public market via a merger with a special purpose acquisition company, a recent filing with the FCC suggests. Aerospace private equity firm AE Industrial Partners (AEI) announced last month that it had reached a

Harness moves into chaos engineering with ChaosNative acquisition

Harness, the developer-focused startup from Jyoti Bansal, has been working hard to build a more complete modern tooling platform for developers while taking a distinct shift into open source more recently. That started with the acquisition of Drone.io in 2020. Today, the company took another open s

AI creative platform D-ID, the tech behind those viral videos of animated family photos, raises $25M

D-ID, the Israeli company leveraging artificial intelligence to create unique, viral experiences like “Deep Nostalgia,” which animates the faces of long-lost relatives in your old photos, announced today the raise of a $25 million Series B round of funding led by Macquarie Capital. The

Capitolis valued at $1.6B after raising $110M for new tech to update capital markets trading

A lot of the startups you tend to hear about in the world of fintech are building solutions for consumers and businesses. Today, a startup that’s aiming to serve the biggest financial services users of them all — the big banks themselves and how they move money — is announcing a b

SME lending platform Validus acquires Citi Singapore's CitiBusiness loan portfolio 

Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book.  Nikhilesh Goel, co-founder and Group CEO of Validus, to

With $9.3M in fresh funding, Zestworld plans a newsletter service for creator-owned comics

The comics world has seemingly been waiting for a digital revolution since the birth of the internet. Launched in 2007, ComiXology has come the closest to delivering such a play to the medium, so naturally, Amazon went and purchased the service and messed it up. Its most recent offering left subscr

Luminar acquisition brings high-performance laser capabilities in-house

Luminar, a company that builds vision-based lidar and machine perception technologies for autonomous vehicles, is acquiring high-performance laser manufacturer Freedom Photonics on Monday. The all-stock transaction involves Luminar transferring 3 million shares of its common stock, or about $42.3 m

Miruku replacing animals with plants to create dairy proteins

Miruku, a New Zealand-based foodtech company, is applying its molecular farming process to program plant cells to be mini factories for producing proteins and other molecules, like fats and sugars, traditionally made by animals. The company was founded in 2020 by Amos Palfreyman, Ira Bing, Harjinde

French aerospace company Gama raises $2M to develop a solar sail spacecraft

Just as sea breezes propel sailboats across the sea on Earth, solar radiation might one day be able to propel spacecraft between the stars. Or at least that's the hope of French startup Gama. The aerospace company was founded in 2020 by Louis de Gouyon Matignon, Thibaud Elziere and Andrew Nutte

After Anaplan, which SaaS company will private equity target next?

Last night, private equity firm Thoma Bravo said it agreed to acquire Anaplan for $10.7 billion. The financial planning software company’s stock has declined sharply in the last six months, which likely gave the PE firm a chance to pounce. The stock market hasn’t been kind to SaaS comp