H Twenty Capital aims to be 'go-to fund for pre-seed investments' in Latin America

Venture capital continues to flow into Latin America at a staggering rate. Just over $15 billion went into startups in 2021, according to LAVCA. That was three times more than the association recorded in fiscal year 2019. Brazil and Mexico continue to lead as regions where many startups are getting

Superconductive, creators of Great Expectations, nabs $40M for a commercial version of its open source data quality tool

Data quality — the practice of testing and ensuring that the data and data sets you are using are what you expect them to be — has become a key component in the world of data science. Data may be the “new oil”; but if it’s too crude, you may not be able to use it. Toda

India’s ShareChat and MX Player merge their short video apps

Tiger Global-backed ShareChat and Times Internet-owned on-demand video streaming service MX Player have agreed to “strategically merge” their short video apps Moj and MX TakaTak, the two firms said Thursday, in a move they said would create India’s largest short-video platform. Th

YC-backed Duplo raises $1.3M pre-seed to build financial OS for B2B companies in Nigeria

Startups have sought to use technology to digitize processes in Africa's B2B e-commerce and retail space over the past couple of years. While many focus on moving products and providing credit, issues around cash overdependency haven't been tackled at scale.  Here's why this is a criti

Tiger Global in talks to invest in GoMechanic at over $1 billion valuation

Tiger Global is in talks to lead a new financing round in GoMechanic, an India startup that operates a network of technology-enabled automobile service centres, two sources familiar with the matter said. The proposed talks for the Gurugram-headquartered Series D funding values the startup at $1.2

Brick closes $8.5M seed to enable open finance across Southeast Asia

Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness or aggregate information from online accounts. Brick

Rino gets $3M pre-seed for 10-minute grocery deliveries in Vietnamese cities

Meal deliveries in Vietnamese cities typically take less than half an hour, but grocery deliveries are lagging behind, sometimes taking up to two to three hours, says Rino founder Trung Thanh Nguyen. By creating a vertically integrated logistics infrastructure centered around “dark stores,” or

Daily Crunch: Samsung erases the Note, starts new page with Galaxy S22 Ultra phablet

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 Wednesday, February 9, 2022! I just got a look at the initial run-of-show for Early Stage in April, and it looks wicked goo

Scopio aims to turn hematology into remote work with $50M C round

Today, if a hematologist wanted to dive into the exact organization and structure of your blood cells, they'd probably need a microscope in a lab. Scopio, an Israel-based startup that just closed a $50 million Series C round, argues that soon, a lot of that work could be done with nothing more

Dear Sophie: How can early-stage startups compete for talent?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

3 warning signs that your investor will leave you on the sidelines

The Theranos scandal demonstrates how quickly investors will fall over themselves to seize a golden egg deal. When investors pay so much attention to only the (supposed) big tickets, they leave smaller companies in their portfolios behind. The investment space is in the midst of a mental health cri

Why these Udemy execs left to build a better Udemy

Darren Shimkus spent five years scaling Udemy, a corporate learning business, from $1 million in annual recurring revenue to $100 million. Eight months before the education company went public, though, Shimkus left his gig as president of Udemy Business to investigate a feeling. “I thought I had

OMERS Ventures, Turner Construction team up to build the construction tech startup of their dreams

OMERS Ventures' Principal Michelle Killoran has long been looking for a construction tech startup to invest in. The space is intriguing to her, but so far, she has not come across a company whose model has been compelling enough to convince her to pull out her checkbook. Meanwhile, Jim Barrett,

Employees can count on Addition Wealth for free, holistic financial planning services

As companies fight to retain workers amid the “Great Resignation,” many are offering enhanced benefits packages to employees. Financial wellness benefits, in particular, are on the rise, especially those that provide access to personalized or tailored advice. New York-based Addition Wealth, whi