Ambient.ai aims to provide AI-powered building security, minus bias and privacy pitfalls

Security — as in “hey you, you can’t go in there” — quickly becomes a complex, arguably impossible job once you get past a few buildings and cameras. Who can watch everywhere at once, and send someone in time to prevent a problem? Ambient.ai isn’t the first to claim that

Mantra Health raises $22M to scale its digital mental health clinic for young adults

Mantra Health, a digital mental health startup focused on young adults, has raised $22 million in Series A funding led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W and Alumni Ventures. Returning investors include Canaan Partners, Globa

Routefusion raises $10.5M round to simplify cross-border payments

Routefusion co-founders Colton Seal and Richard Scappaticci attempted to launch a neobank in 2016, but they ran into significant hurdles when trying to integrate with banks to help their customers move money to other countries. They found that in order to provide cross-border payments on their plat

To reinvent itself in telehealth, Wheel lands $150 million Series C

When Michelle Davey was first building Wheel, a healthcare platform that helps staff clinical workforces, she had to convince investors on two visions: one, that consumers will soon demand high-quality virtual care, and two, that the behavior will change so dramatically that her startup would build

Turing Labs, which uses AI to help formulate CPG products, raises $16.5M

Working remotely has become the norm for a lot of desk-based employees, and there have been a number of tech companies that have seen their business explode in catering to that shift. But today comes news of a different kind of startup called Turing Labs, which is addressing the same challenges, bu

Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 million seed round, is working

Harness releases open version of continuous delivery product with access to source code

Harness, a startup from AppDynamics founder Jyoti Bansal, has been building a platform of developer tools over the last five years. In 2020, the company made its first foray into open source when it bought continuous integration tool Drone. Today, they embraced openness further with the release of

Ancient8 secures $4M in seed to democratize social and financial access in the metaverse

Ancient8, Vietnam’s blockchain gaming guild, develops a community and software platform to enable everyone to play P2E (play-to-earn) games and build the metaverse while earning rewards. “We lend our P2E game assets to the scholars, or guild players, so they can play P2E games and enable th

First EV mass transit bus by Swedish-Kenyan startup Opibus begins operation amidst plans for regional launch by 2023

The first electric bus by Swedish-Kenyan EV startup Opibus has hit Kenya’s roads, marking the beginning of the company's venture into the mass transit industry. Opibus first announced plans to roll out electric public transport buses last year when it raised $7.5 million in a pre-Series A

Lattice raises $175M at a $3B valuation for its people management platform

Lattice, a platform that helps with workforce people management — the ability to carry out performance reviews, employee feedback and praise; tools to set and track goals and other long-term career plans; and analytics to get a bigger picture of how a workforce is working — has really c

Kenyan e-commerce company Copia Global raises $50M to ramp up African expansion

Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments. The new financing round welcomed new investors such as Zebu Investment Partners, the U.S. International Development Finance Corporation (DFC), and Koa Labs, as well as past inve

Sequoia Capital India looks to double down on commerce startup Bikayi

Bikayi is in talks to raise about $50 million in a new financing round, four people familiar with the matter told me, as the Indian startup looks to scale its platform that helps small businesses set up and run their e-commerce stores. Tiger Global and Sequoia Capital India are holding conversation

Kenyan fintech Zanifu nabs $1M to bridge MSME financing gap, eyes Ghana, Uganda expansion

Kenyan fintech Zanifu is set to upgrade its platform and grow the number of micro, small and medium enterprises (MSMEs) it extends stock financing to after securing $1 million in seed funding. Saviu Ventures, which invested in the startup's pre-seed round early 2020, Launch Africa Ventures, Say

Philippines ‘buy now, pay later’ startup BillEase scores $11M Series B

Buy now, pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. Today, one of the country's biggest BNPL providers, BillEase, announced it has raised an $11 million Series B. The round was led by BurdaPrincipal Investments, the growth capital arm of Hu