We’re looking for a few good volunteers for TC Early Stage

Our founder-focused summit, technewss Early Stage, is back in-person this April in San Francisco! And we are looking for some incredible volunteers to help us make this event happen. If you are interested in finding out what goes into building tech events, apply to volunteer, and if you are select

Makers Fund-backed virtual social app MEW woos comic fans in the US

Raven Gao didn’t set up virtual social platform MEW to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. MEW’s interface can be perplexing for many people at f

After pressure from NYC DOT, Joco pivots to e-bike delivery rentals

Joco, the docked electric bike service that launched in New York City last April to rival Citi Bike, is pivoting its business away from consumer rides and toward last-mile delivery, the company told technewss. The move comes after Joco was sued by the city for operating a bike share without prior

Byju’s founder backs startup in $800 million funding at $22 billion valuation

Byju Raveendran, the co-founder and chief executive of eponymous Indian edtech giant Byju's, has invested $400 million into the startup, the two said on Friday. His backing is part of a larger $800 million round Byju’s has secured, the Bengaluru-headquartered startup said.

Aument wants to power your next marketing message

Aument is carving out a niche in marketing automation for e-commerce stores, raising $1.5 million in pre-seed funding just four months after being founded. CEO Emilio Di Marco met his co-founders, Alan Helouani, Sacha Landesmann and Mario Leon Rojas, in Latin America while leading marketing efforts

100ms secures $20M to power next generation of live video apps

Live video conferencing infrastructure startup 100ms, based in India and the U.S., has raised $20 million in Series A funding to power the next generation of live video apps, coming barely five months after closing a seed round. This latest round was led by Falcon Edge’s Alpha Wave Incubation

Daily Crunch: 2 months after launching, São Paulo-based payments startup Yuno raises $10M

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Thursday, March 10, 2022! Am writing to you after coming off a live taping of Equity, which means I am still full of adrenal

Pokémon GO creator Niantic is acquiring WebAR development platform 8th Wall

Niantic, the augmented reality platform behind Pokémon GO, is acquiring WebAR development platform 8th Wall, the company announced on Thursday. The financial terms of the deal were not disclosed. Niantic says the deal marks its largest acquisition to date. The company says the acquisition will hel

Chris Dixon, Marc Andreessen back $30M fund exclusively investing in NFT art

The world of NFTs is never dull — as long as the money never stops. While investors continue to pour billions into the sector, albeit at a slowing pace, more crypto buyers are spinning up funds to back NFT platforms, projects and the non-fungible tokens themselves. While dedicated funds solel

Stilt secures $114M in debt & equity to help fintechs and neobanks launch credit offerings with its API

Stilt, which started its life as a provider of financial services for immigrants, has raised $14 million in Series A funding led by Link Ventures as it expands its focus to include a B2B offering. In addition to the equity raise, the San Francisco-based fintech said it has also closed on a new $100

YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

Curacel, the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. The API-based tool, dubbed Grow, has so far

New Stack Ventures raises second fund focused on Silicon Valley outsiders

Early-stage venture fund New Stack Ventures just raised $42.6 million for its second fund aimed at injecting capital into founders that don't come from the educational pedigree or location that we typically see with entrepreneurs. Touting itself as one of the “largest single-partner U.S. fund

Typeform takes $135M to tickle more marketers

It’s been several years since Barcelona-based Typeform tapped investors to grow usage of its “conversational data collection platform”, as it bls the customizable form/survey/quiz buder software it sells. Actually it’s around 4.5 years since its $35 mlion Series B — th

With founders hailing from Colombian unicorn Rappi, payments startup Yuno raises $10M from a16z and LatAm VCs

As the Latin American startup scene has matured, founders and executives of multibillion-dollar companies in the region have started to move on to new ventures. On Wednesday, technewss reported on Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the