Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint

Morai, which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 million (25 billion KRW) in a Series B funding round as it wants to increase its global presence, specifically into

Changing how we approach data privacy to unlock economic opportunities

From securing a loan to renting a car to getting a job, our lives increasingly depend on the digital world to enable trust-based interactions online. That world is now borderless: people can interact with one another anytime, no matter where they are. However, online services often lack the ability

Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

Based out of the U.S., Sonder is a tech-driven hospitality company. It's raised $529.6 million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce.

Vivid Money, a financial super app, raises $114M at an $886M valuation to expand in Europe

Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money management services, also includes stock and cryptocurrency investing. Now, as it gears up to add more

Wyvern adds $4M in new non-equity funding for its in-demand hyperspectral imaging tech

Canadian startup Wyvern only just announced a $4.5 million seed round (which itself nearly doubled close to the wire thanks to new commitments) and entry into Y Combinator, and now it’s revealing that it has landed another $4 million in funding via Canada’s Sustainable Development Techn

SoftBank, Goldman Sachs mint unicorn in Indian commerce startup ElasticRun

SoftBank Vision Fund 2 has led a $300 million investment in ElasticRun as the Japanese conglomerate doubles down on its commerce bet in the world’s second largest internet market. Goldman Sachs and existing investor Prosus Ventures also participated in the Pune-headquartered startup’s S

Navier wants to ‘democratize the waterways’ with leisure boats starting at $300K

Look, I’ll admit that I had to Google how much a boat costs, but any time someone pitches a story saying they are trying to “democratize” a recreational activity with a product that starts at $300K, I find myself wondering how much it costs to get a guillotine blade sharpened. My

Koneksa’s $45 million round could help make at-home clinical trials a reality

Rating symptoms on a numerical scale seems easy, but it can be harder than it appears. How much did it hurt when you stubbed your toe? Was it a two out of 10? A four? How often do you wake up at night? Twice, three times? Regularly? Rarely? These imprecise, self-reported scales can be found throug

Korean micromobility startup Swing grabs $24M for growth, expands to Japan 

Swing, a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan.  The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Has

Fintech Roundup: Corporate spend just can’t be a winner-takes-all space

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

Q5D is using robots to automate electronic wiring during manufacturing

Q5D's proposition is a simple one: use robotics to automate the process of producing wiring harnesses for electronics. It's one that — surprisingly — is often still executed by hand, owing to its overall complexity. It's a process, the company is quick to point out, that has

Edtech's search for the magic metric

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. If there's one sector that is incessantly in pursuit of Magic Metrics, it's edtech. For the past two years, I've spoken with every top investor and

Daily Crunch: Shark Tank India host Ashneer Grover tries to get his BharatPe CEO removed from board

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 Friday, February 4, 2022! The technewss team is getting pretty stoked for our 2022 slate of live and onlin

Experts Weekly: Microsegmentation, PMF experiments and personalized shopping

(technewss+) 3 experiments for early-stage founders seeking product-market fit: Elise King, director of Human Ventures’ entrepreneur-in-residence program and member of the firm’s investment team, spoke with founders and tells us about finding product-market fit. 3 experiments for early