Startups

When Twitter co-founder Jack Dorsey announced today his plans to step down as CEO, he didn't go quietly. “There’s a lot of talk about the importance of a company being ‘founder-led,’” he wrote. “Ultimately I believe that’s severely limiting and a singl

A number of startups are experimenting with what a better social app could look like. For a startup called Alms, the answer is a social network that focuses on users’ well-being through participation in creator-led challenges in areas like personal growth, sustainability and others with posit

Yassir, an Algerian startup that provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round. The investment came from a long list of VCs and angel investors. VCs include WndrCo, DN Capital, Kismet Capital, Spike Ventures, Quiet Capital, Endeavor

"speakable-summary" dir="ltr">Remember Easy Bake Ovens? You’d mix up some colored powder and water until a dough or batter formed, put it in a mold, pop it in the oven and before you knew it – ding! A disgusting treat. Foundry Lab, a New Zealand-based startup with backing from Rocket LabR

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. The startup, which was formally launched last month, is expanding in the U

Francisco Partners bought Quest Software in 2016 when Dell was selling off some assets to help pay for the massive $67 billion EMC deal. Dell itself had purchased Quest in 2012 for $2.4 billion. Today, the company was on the move again, with Clearlake Capital picking it up this time. According to

Online marketplace eBay is further investing in its sneaker business with today’s news that it’s acquiring Sneaker Con Digital’s authentication business, which verifies the authenticity of high-value footwear. The business has operations in the U.S., U.K., Canada, Australia, and G

QR code ordering at restaurants has been around for years, but the pandemic increased its adoption as social distancing and hygiene measures went into place. Mr Yum, a Melbourne-based mobile ordering and payments platform that was founded in 2018, announced today it has raised a $65 million USD Ser

Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. The company has managed to attract 115,000 women on its waitlist and participated in technewss'

When technewss asks Flowrite if it’s ‘Grammarly on steroids’, CEO and co-founder Aaro Isosaari laughs, saying that’s the comment they always get for the AI writing productivity tool they’ve been building since late summer 2020 — drawing on early access to OpenAI

Japanese space startup Astroscale has raised $109 million in a new Series F round of financing, bringing the company’s total funding raised to date to $300 million. The company specializes in on-orbit servicing technology, designed to help reduce the amount of debris that exists in operating

Nigeria's informal trade sector, worth over $244 billion, has more than 40 million micro, small and medium businesses. Most of these businesses operated offline until a few years ago when startups brought about digitization by providing infrastructure and a gamut of e-commerce and financial ser

Meet Pyxo, a French startup that has been thinking a lot about single-use plastic food packaging for the past three years. The company wants to offer a service that makes it as easy and as cost-efficient to use reusable food storage containers at scale. The idea behind Pyxo comes from a fair at the

The Great Resignation is among the most significant events in recent U.S. history. We are seeing a post-COVID-19 generation refusing to work under the same conditions as they did before. The U.S. is facing the most prominent labor shortage of the decade, and positions that require high-demand skill