Startups

Halsey Minor has lived many lives. One of the founders of CNET, Minor entered tech media at a time when the closest thing most of us had to the web was a spider spinning cobwebs on an old NES. Born in Charlottesville, Virginia, Minor worked for Merrill Lynch during the rise of the internet in the e

It's been a big two years for biotech investors. But if you ask Po Bronson, a partner at SOSV's IndieBio, this trend was probably a long time coming.  “Often, the implication is that everything must be overpriced,” he tells technewss. “But I think more of it is that some major these

Local Motors, the company that crowdsourced and built the Olli autonomous shuttle as well as the Rally Fighter, will be shutting down operations by Friday, according to several posts from various employees on LinkedIn. The company has yet to release an official statement, but many employees are alr

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate trainin

Meet Stoïk, a new French startup that wants to protect small and medium companies against cybersecurity incidents. The company offers an insurance product as well as a service that monitors your attack surface. The startup recently raised a $4.3 million (€3.8 million) seed round from Alven Capit

Product returns remain a headache for many e-commerce companies. Some have gotten creative in how they approach it — for example, Amazon formed relationships with Kohl's and Stein Mart for in-person returns, while PayPal acquired returns provider Happy Returns. Seel’s return option exam

Over the past two years, since the pandemic hit, there has been a sharp rise in financial crime compliance costs, nearing $50 billion in 2021, up 58% compared to 2019, in the U.S. and Canada. Shield, a Tel Aviv-based startup, built a compliance surveillance platform to enable regulated financial in

Tencent has invested in Easy Transfer, a startup that aims to make tuition payments less stressful for hundreds of thousands of overseas Chinese students. Tencent declined to comment for the story, but Tony Gao, founder and CEO of Easy Transfer, told technewss that the internet giant now owns abou

EV charging continues to be a high-growth business, for obvious reasons. Since 2007, one of the largest players has been ChargePoint, the floated U.S. company with a widespread EV charging network. But plenty of startups are snapping at its heels. One of them is Germany-based HeyCharge, which reali

Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to technewss today that it has raised $7.4 million in seed funding. The company said it plans to use the investment to launch neobanks in eight countries over the next 24 mont

Turnip, an Indian startup that is building a mobile-first gaming community platform, has raised $12.5 million in a new financing round to deepen its footprint in India and dozens of other countries and dabble with web3 as it looks to broaden its product offerings. Greenoaks and Elevation Capital co

Despite the recent boom of consumer-focused education learning platforms in India, the vast majority of students in the South Asian nation remain unserved. The existing B2C offerings are expensive for most of the students and are heavily skewed towards those in high school preparing for competitive

Sales stand and fall on leads, but attracting prospects and optimally converting them into buyers is an art that many have yet to grasp. About 61% of marketers consider generating traffic and leads their biggest challenge, according to Hubspot. Why? Three problems currently ham

Justworks, a venture-backed software startup focused on the HR market for small and medium-sized businesses, announced earlier today that it would delay its IPO. In a statement to technewss, Justworks said that it “decided to delay its IPO due to market conditions at this time.” An IPO