Startups

We spend such a tremendous amount of our resources growing, processing, transporting and selling food items. In a world where not everyone has enough to eat, it’s a disgrace that in the US, 30%-40% of food that is produced is never consumed. That’s the problem Spoiler Alert has set its

Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a $225 million early-stage fund, and Opportunity Fund II, a $115 million funding investing in later rounds of portfolio companies. Greg Sands started the firm in 2012 as a sole general partner

Klue, an AI-powered competitive enablement platform, has raised $62 million in Series B funding led by Tiger Global, with participation from Salesforce Ventures. The Vancouver-based company combines intel collection capabilities with a modern approach to content distribution aimed at providing user

Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses and brings forth cash flow issues. The wasted time and other challenges suffered during payment collection mainly stem from a reliance on manual billing cycles and proces

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to technewss that it has raised €4.5 million ($5.07 million) in Series A funding from South African investment company Base Capital. This is OfferZen's first

Spain’s Jobandtalent — a “workforce marketplace” and digital temping agency that uses AI to match workers to casual labor gigs in sectors like warehousing, e-commerce and logistics — has closed a $500 mlion Series E round of funding led by Kinnevik and with what it bls

Harrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD (about $92.3 million USD) in what it called one of the largest Series B rounds ever for an Australian startup. The funding was led by returning investor Horizons Ventu

More investor money is flowing into Indonesia's startup ecosystem. Today, AC Ventures, which focuses on early-stage startups in the country, announced it has raised $205 million in committed capital for its oversubscribed Fund II, more than double its original target of $80 million. Investors i

Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later service's offerings in the world's second-largest market. Valar Ventures and IA Ventures led the six-year-old startup's Series B round. LFH Ventures and some existing investo

Digital mortgage lender Better.com, which announced in May that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better

Investment in fintech is surging back following a brief but notable drop during the COVID pandemic. As a result, countries worldwide are seeing a large influx of capital for fintech ventures, and both investment totals and deal counts in the fintech space are increasing rapidly. Although a large pa

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” That’s a fundamentally different problem than trying to capture the power of the sun for 12 ho

I recently wrote a piece discussing how all capital is not created equal and we are living in a period of super-abundant funding — in many ways, the best times ever for founders. In this environment, every investor has a well-honed pitch on how they can uniquely add value. Being a founder of

Startups are often questions: What if we did things in a new way, instead of the way we have been? Massive is a good example of the genre: What if users could pay for apps or services not with money or attention, but with their spare compute power? The general concept of distributed