Startups

French startup Pennylane has raised a $57 million Series B round (€50 million) from existing investors, such as Sequoia Capital (leading the round), Global Founders Capital and Partech. The startup wants to replace legacy accounting solutions in France — and in Europe. If you're an accounta

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. The market is down. The party is over. And Peloton of X startups aren't too happy right now. As tech stocks take a h

Fintech founders that set out to solve big problems for consumers almost always begin with the best intentions — they want to help people. But they often miss that mark by a country mile, which spurs questions about how effective other fintech founders can be at helping consumers. Trust me, when

As a company grows, the amount of important information employees need to keep track of inevitably grows right along with it. And, as your tech stack gets more complicated, that information ends up split up across more places — buried in Slack threads, tucked into Jira tickets, pushed as files on

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 January 28, 2022! It's nearly blizzard o'clock where I am, so please enjoy the following newsletter as my final miss

It's been a tumultuous few years, but China's manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Automation and robotics has the potential to mod

Joby Aviation is seeking permission for a series of high-profile air taxi flights over San Francisco Bay, according to documents filed with the FCC and obtained by technewss. The tests of the startup’s second-generation pre-production prototype, called the S4, would be the first in full view

Update: When we wrote this, Robinhood’s stock was off double-digit percentage points in pre-market trading, and opened under $10 per share. So, it was current as of then. Since that moment, however, Robinhood shares have flipped around and rallied. Read on for the bearish setup the market was

Meet Rise, a new startup working on a calendar app that is specifically designed for team work. Rise helps you see what you have planned, check what your team is doing right now and, more importantly, schedule meetings that are as convenient as possible for the whole team. Currently in private beta

Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the conti

Zigbang, a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS' home internet of things (IoT) unit to make a foray into the smart home industry.  Samsung SDS sells off the smart home IoT division, which is the on

Google will invest as much as $1 billion in the Indian telecom operator Airtel, the latest in a series of bets the search giant has made in the world’s second largest internet market as part of a $10 billion commitment to the country. Google said it will invest $700 million to acquire a 1.28%

Moglix has more than doubled its valuation to about $2.6 billion from $1 billion just eight months ago as the Indian industrial business-to-business marketplace aggressively scales its offerings in many parts of the world. Alpha Wave Global (formerly called Falcon Edge Capital), which led the seven

The rise of remote instruction left many parents freshly aware of (and annoyed by) the shortcomings of Zoom school, but for Letha McLaren, COVID-19 brought an epiphany: the importance of a headset. McLaren's son, who deals with executive dysfunction, was better able to focus through the screen