Startups

Australia is emerging onto the online used car scene with Carma, a startup that just raised a $20 million (AUD $28 million) seed round from Tiger Global, a U.S. investment firm. Carma has been operating in stealth for the past nine months and said the funding enabled the company to recruit an execu

Jordan-based mobile game publisher Tamatem announced today it has raised $11 million in a Series B led by KRAFTON, a South Korean game developer behind PUBG, marking its first investment in the Middle East and North Africa (MENA). Venture Souq, Endeavor Catalyst and existing investors also partic

A number of investors including Sequoia Capital India and Steadview Capital are in talks to back Polygon, which operates a framework for building and connecting Ethereum-compatible blockchain networks, by way of tokens purchase, three sources familiar with the matter told me. The investors are lo

Pariti, the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 million seed, the company confirmed to technewss today. The round was led by U.S.-based Harlem Capital. In Africa, it's the first deal of the diver

Sense, an HR tech startup that helps some of the world's largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told technewss. The San Francisco-headquartered startup has raised

February 24, 2020, is a day Ken Lin will never forget. The Credit Karma CEO was about to announce that the company he founded 13 years earlier was about to be acquired for more than $7 billion. Meanwhile, the stock market was in free fall. “I remember waking up and the Dow futures were down somet

Today, the age of corporate social justice is dawning. With the business case for diversity, equity and inclusion (DEI) now more vital than ever, we’re beginning to see organizations truly embrace social activism. And while social justice was, rightly, the initial impetus, companies are final

The road to a successful funding round can be a long and arduous one. From your first meeting with a VC to money in the bank, a seed round takes on average 18.5 weeks. Within that time frame, you are pitching your heart out to multiple investors and ideally setting a number of meetings, either virt

We’ve recently been bombarded with news of job surpluses, including predictions that the number of software developer roles will increase 22% by 2030. With the need for nearly a quarter more developers, recruiters are having to scale their search and look under the stones that have previously

Vinehealth, a 2018-founded, London-based digital health startup that’s but an app offering personalized support for cancer patients whe also making it easier to gather patient-reported outcome (PRO) data, including for drug development and clinical trials, has closed a $5.5 mlion seed round a

Zindi is all about using AI to solve real-world problems for companies and individuals. And the South Africa-based crowd-solving startup has done that over the last three years they have been in existence. Just last year, a team of data scientists under Zindi used machine learning to improve air qu

If you’re trying to get a mortgage or an auto loan, banks will put on their judging glasses and look into your past. Makes sense; it’s a reasonably reliable indicator as to whether you’ll be able to repay your loans or not. Student financing is a little different. Sure, your past

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 2, 2021! There's a lot going on. More fintech in Latin America. Actuator launching. App Store Awards. The week

What goes up must come down. And what goes SPAC must go splat? We’ll keep workshopping that. Regardless, shares of super app Grab took a pounding today after its SPAC combination was approved last night and began to trade this morning. Grab’s stock initially rose, before falling sharply