Startups

With the Samsara IPO heading toward pricing, it’s a good moment to spend a little more time digging into the IoT market. There’s a lot more going on than merely the liquidity point of one of its players, it turns out. Afero, for example, closed a $50 million Series C today, led by Cross

Tipalti, once a fintech unicorn, is now nearing decacorn status. The company, which automates accounts payables for mid-market companies, announced today that it has raised $270 million in a Series F funding round that values the company at $8.3 billion. That's up from a $2 billion valuation at

More capital has been raised in the private markets than the public markets for over a decade, and this staggering growth has shown no signs of slowing. As private investment booms, companies are developing new tools to help investors navigate these markets, which can be opaque and inconsistent whe

Minly, a MENA-based media and entertainment startup, announced today that it has acquired Oulo, a Dubai-based celebrity shoutout platform, for an undisclosed fee. The acquisition is coming six months after Minly raised a $3.6 million seed round and off the back of an impressive year of growth that

CinetPay, a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4 million in seed funding. Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifie

Byju's has acquired the Austria-headquartered startup GeoGebra, the latest in a series of purchases by the Indian edtech giant this year as it scales its online learning platform across the globe. Neither of the firms disclosed the purchase price, but a source familiar with the matter said the

A few years ago, at the start of the fintech services boom in Africa, Oliver Blantern got an opportunity to work in the continent offering advisory services to high-growth startups. For slightly over three years his company, Riverhouse Technology, helped the emerging tech firms in talent sourcing a

Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused on autonomous driving, she says she came to appreciate how far away the tech is from large-scale adoption. Indeed, when Scotty was acquired by DoorDash in the summer of

Just a few weeks after announcing stock and crypto trading, French fintech startup Lydia is announcing that it has raised a $100 million Series C round. With this funding round, the startup has reached a unicorn valuation, which means that it is currently valued at more than $1 billion. Dragoneer a

Flip, an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip's total capital raised to $65 million.  Sequoia Capital India, Insight Partners and Insignia Ventures Partners co-led the Series B round. Flip is

Better.com continues to find new ways to make itself look bad. This week, sources familiar with internal happenings within the company told technewss the company's VP of communications, Patrick Lenihan; head of public relations, Tanya Gillogley; and head of marketing, Melanie Hahn, have all su

The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region's most important and pivotal tech companies in the past decade, by Equinix, a U.S. multinational specializing in internet connection data centers. The story of MainOne starts with

In 2019, the U.S. Agency for International Development developed the “New Partnerships Initiative” (NPI) to build a “safer, healthier and more prosperous” world for people everywhere. NPI simplifies access to USAID resources and makes it easier for partners to bring forward their ideas and

“We’re not making fucking glamping tents for bros at Coachella,” Jeff Wilson, co-founder and CEO at Jupe is eager to reassure me, as he outlines his vision for the company. “At this point, food is a distribution problem, clothing is largely solved. There are about 1.5 billio