Startups

Kenya-based fintech company 4G Capital, which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock. The equity funding comes as the fintech plans to roll out a series of new products and services, including new loans

Online recruitment was one of the early and big hits of the first dot-com boom. But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal raising a big round to take on the incumbents in the space with more

Wagely, an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 million in pre-Series A funding, just seven months after announcing its seed round. The new funds will be used to fuel Wagely's expansion in Bangladesh, where it recently launched, and build other features

This year is poised to be significant for the construction industry and the technology that empowers its workforce. Data capture and measurement hold much promise this year thanks to $550 billion in funding allocated to infrastructure projects as part of President Biden's Infrastructure Investm

One of the most interesting things about following food robotics startups over the past couple of years is tracking all of the different tasks companies are looking to automate, from prep to delivery. Bay Area-based Bear isn't the only firm attempting to bring robots out in front of the the cou

Thomas Duscha, founder and CEO of Berlin-based battery swapping startup Swobbee, was in Poland visiting family in early March when the reach of the Ukraine crisis galvanized him to action. “I was just there a few weeks ago with my wife and newborn child, and it was normal, and now suddenly, there

Most fast-growing startups get by for long periods of time before hiring their first in-house lawyer. It's not that startups don't have important legal work that needs to get done. But in the early stages of growth, it almost always makes sense to outsource all legal work. It's a matter

We’ve been shipping things across the oceans for centuries, and the world’s supply chains increasingly rely on diesel-powered megaships big enough to block entire channels by themselves. How do you decarbonize this monolithic industry? Fleetzero thinks it can with electric vessels makin

Crypto developer ConsenSys, which owns the popular Ethereum-based MetaMask wallet, announced a $450 mlion Series D round today that values the company at $7 blion, nearly double in worth since its last fundraise in November 2021. ParaFi Capital led the raise alongside other existing investors Thir

Not-for-profit search engine Ecosia has started funnelling a portion of the profits it generates from serving ads against users’ searches into startups in the renewable energy space. This is in addition to the €350 mlion WorldFund which Ecosia recently incubated and launched last year to ba

Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told technewss. The all-stock deal values Blinkit between $700 million and $750 million, the source said, requesting anonymity as the matter is private. The merg

French startup Doctolib has announced that is has raised a new funding round. With this round, the company has reached a valuation of €5.8 billion, or $6.4 billion at today's exchange rate. That makes Doctolib the highest valued French startup. The startup says it has raised $549 million (€

Spotify helped pave the way for a new model for consumers to listen to music: pay a monthly fee to stream whatever you want, with no need to own any physical or digital versions of it. Now, a startup called Perlego, which has been applying that concept to academic textbooks, has picked up $50 milli

Marketplaces are the order of the day when it comes to selling online, providing a one-stop shop for shoppers, and for retailers looking to target as many would-be buyers as possible, while also creating more economies of scale in areas fulfillment and delivery. Amazon has become the name synonymou