Startups

NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today. The announcement follows a report earlier this month in Axios that detailed OpenSea was in talks to buy the startup for between $110 million and

After a month-long “break,” Better.com CEO Vishal Garg is back at the helm of the mortgage tech company he co-founded in 2016, according to an internal memo that circulated today that has been shared with technewss. In the memo, the Better board of directors said it was “moving forward with

This was another blockbuster year for global venture funding, with 2021 breaking records across the board. Deal activity is at record highs. Last year, a total of $643 billion was invested globally, according to Crunchbase News, compared with $335 billion in 2020 – that's 92% growth year over

Rocket Lab is on a mission to vertically integrate space solutions. On Tuesday the launch and space systems company announced the close of a deal to acquire SolAero Holdings, a supplier of space solar power products and precision aerospace structures, for $80 million in cash. Buying SolAero, a 24-y

Animoca Brands, an eight-year-old, 600-person Hong Kong-based outfit that has managed to put its stamp on many of the world’s most popular NFT and metaverse brands, has raised roughly $360 million in fresh funding at a valuation of more than $5 billion, the company announced today. It’s

Even though the only thing the robot can do right now is pull weeds, Aigen is adamant it isn’t building a weed-whacking robot. It claims to be on a mission to terraform the earth, and says it has a path toward making agriculture carbon negative. It must have made a compelling argument, becaus

Los Angeles-based sports training platform Mustard this week announced a $3.75 million round. Led by Lake Nona Sports & Health Tech Fund, this latest raise follows a $1.7 million round back in late-2020, bringing the firm's funding-to-date up to $6 million. New investors this time out are M

Brooklyn-based Upward Farms this week unveiled plans to launch a massive 250,000-square-foot vertical farm. Set for an early-2023 opening, the site will be located in Northeastern Pennsylvania's Luzerne County. It's a massive footprint for a vertical farm — particularly for a category

Clockwise, a time management and smart calendar tool, has raised $45 million in Series C funding led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners and Bain Capital Ventures. This latest round brings the company’s total amount of funding

""> ""> Gaming giant Activision Blizzard, under the gun from investors over sexual harassment controversies and ongoing executive turmoil, has pulled the escape cord: The company has agreed to be acquired by Microsoft in a $68.7 billion all-cash deal, inclusive of the company’s net cash. Activ

The pandemic hasn’t been easy for anyone, but the food service industry has been hit particularly hard. More than 90,000 restaurants and bars have closed, leaving workers unemployed in an already precarious industry. And those who kept their jobs faced the stressful demands of customer-facing

British autonomous vehicle startup Wayve has raised a $200 million Series B funding round from investors to scale its technology and expand its partnerships with commercial fleets. Wayve is aiming to be a major player in the arena of Robo-deliveries and logistics. It's now raised a total of $25

Verana Health, a company focused on collecting and organizing troves of medical data, announced a $150 million Series E funding round on Friday. This round comes as the company sets its sights on new types of medical data, invests in organizing traditionally messy forms of information (like physici

Yet more funding is finding its way to Istanbul’s gaming startups. Today, Dream Games — the casual games developer behind the hit game Royal Match — is announcing a $255 million Series C that values the startup at $2.75 billion. This Series C is being led by Index Ventures, with M