Startups

FPL Technologies, the Indian startup that operates OneCard, is set to double its valuation to about $1.5 billion in a new financing round, just a month after it disclosed its previous funding, according to three sources familiar with the matter. Singapore’s Temasek, one of the world’s l

Welcome to my new weekly fintech-focused column. I'll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it turns i

Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here. I'm doing an abbreviated newsletter this week as I want to spend most of my energy amplifying the brave journalists on the ground reporting about this scar

When it comes to financing, startups and established organizations will have vastly different experiences. Traditional financing may not always be available to high-growth startups, and even when it is, it often depends on the founder's personal financial picture and their company’s exist

Silicon Valley loves to celebrate the cult of the dropout — the inspired entrepreneur who decides that traditional education isn't for her because it teaches her nothing of relevance, slows her down, and, in a world of readily available information, no longer gates learning resources like

Reforestation is one of our best tools to fight the climate crisis. In the tropics, forests have been reported to absorb 10 million metric tons of carbon dioxide every year. A mature tree can absorb about 48 pounds of CO2 per year. In the U.S., our forests store 14% of all annual carbon dioxide emi

Leasy, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $2 million in equity and $15 million in debt. Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they

Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital with participation from Sequoia

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, February 24, 2022. No peppy intro from me today; I am a little consumed with news outside our orb

It's one thing to develop a medical algorithm, quite another to prove that it actually works. To do that, you need one crucial thing that’s hard to come by: medical data. And one startup is ready to provide that in spades, along with the tools to make validation studies easier. Gesund, fo

A week after healthcare unicorn Ro landed capital from existing investors at a higher valuation, two top executives have parted ways with the company, per an internal email obtained by technewss from multiple employees. In the e-mail, CEO and co-founder Zachariah Reitano said that COO George Koveo

The best founders often attribute their success to a deep bench of mentors and advisors, but how do founders compensate these core parts of their network? I see tons of founders being asked to compensate advisors with hard cash, and I'm immediately shocked to hear they have graciously agreed to

Every founder wants to crack the code that will let them attract, engage and retain lots of customers quickly, consistently and at scale. Marketing tactics from the “aughts” — like email blasts and recycling the same keywords into a Google Adwords campaign — won't cut it in today's

On February 24, Russia launched an invasion of neighboring Ukraine after months of a military build-up on its borders. The attack began with cyberattacks that targeted Ukrainian government departments with floods of internet traffic and data-wiping malware, followed by a ground, sea and air incursi