Therify hopes to build a more diverse and inclusive therapist network with $1.3M seed round

Finding the right therapist is never an easy task, but it gets even harder when, as a person of color or someone with disabilities, there are few or no people sharing your experience available. Therify hopes to change that with a network of providers from and catering to marginalized populations. &

Ursa Major raises $85M to disrupt the vertically integrated launch sector

The launch sector is getting crowded. Many of the biggest players are building their own rocket engines, but space startup Ursa Major is betting that many new launch providers would rather outsource the engine than build it in-house. Six years after being founded by former SpaceX and Blue Origin pr

Kenya's president signs new law to police digital lenders, apps have six months to apply for licenses

In the past decade, numerous mobile lending apps have been launched in Kenya, riding on the growing need for quick loans. However, these startups have been operating in an unregulated environment — until today, when the country's president, Uhuru Kenyatta, approved a new law that gives th

Twitter acquires Quill, a would-be Slack rival; team will work on DMs as Quill shuts down

Under a new CEO, Twitter’s made an acquisition that speaks to what it might be looking at developing down the line to diversify away further from ad-based, open-ended consumer chatter. It has acquired Quill, a business-focused messaging service meant to compete against the likes of Slack and

AgentSync raises $75M for its insurance-focused API business

AgentSync this morning announced that it has closed a $75 million Series B, pushing its valuation to $1.2 billion. The new unicorn has been on a rapid-fire fundraising clip since technewss first spoke to the company just over a year ago, when it raised a $4.4 million seed round in August 2020. The

The EVERY Co. grabs $175M as it cracks code on animal-free protein products

The EVERY Co., a company that has developed a precision fermentation technology to make animal-free proteins, like eggs, is having a good 2021. First the company, formerly known as Clara Foods, secured a deal in April with BioBrew, an investment of AB InBev's investment arm, ZX Ventures, to bre

Receeve, a debt recovery and collection platform, takes total funding to $16M with ABN AMRO

Banking is undergoing a huge transformation, and how debt collections operations engage customers is becoming a big issue, especially with things like BNPL schemes. Hundreds of billions of dollars have been invested in the last few years digitalizing financial and other services, but debt collectio

Max Q: Rocket Lab unveils Neutron, plus more private space station news

Hello and welcome back to Max Q! There was a TON of space news this week so I won’t ramble too much, other than to remind you that many of the people mentioned below wl be at TC Sessions: Space on the 14th and 15th! That includes Peter Beck, CEO of Rocket Lab, Nanoracks’ Jeffrey Manbe

The SEC is curious about Trump’s SPAC deal

Digital World Acquisition Corp. (DWAC) announced in a recent filing that it has received questions from the United States government regarding its anticipated combination with Trump Media & Technology Group (TMTG). technewss covered the SPAC’s planned combination with the company associa

WildWorks, maker of Animal Jam and Feral, angers fans with embrace of crypto gaming

Less than a year ago, WildWorks, the makers of the kid’s virtual world game Animal Jam, launched its next big effort with a game aimed at Gen Z teens, called Feral. But in recent days, the company has angered many of its core users with news that it’s reusing Feral’s technology pl

Berlin’s Everphone raises $200M in debt and Series C equity

Berlin-based smartphone-as-a-service provider Everphone has topped up with $65 mlion in a Series C equity raise in addition to taking $135 mlion in debt financing — for a total raise of $200 mlion. The latest tranche of funding is led by German private equity investor Cadence Growth Capital (

Bain Capital Ventures taps ex-Affirm exec as its newest partner to focus on early-stage fintech and commerce

Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner. Melas-Kyriazi will be based in the firm's San Francisco office and focus on seed and Series A investments in emerging fintech and commerce companies — two core are

Pinterest invests in creator tools with acquisition of video creation and editing app Vochi

Pinterest is further investing in creator tools and video with today’s news that it has acquired the video creation and editing app Vochi for an undisclosed sum. The company will be bringing in both the IP at Vochi and its 40-person team, including its founders, to expand Pinterest’s se

SMB neobank Nearside, formerly known as Hatch, gets $58M Series B led by Valar

Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A. The latest round was led by Valar Ventures, with participation from Kleiner Perkins, Foundation Capital, Breyer Capital founder Jim Breyer