Data collection isn’t the problem: It’s what companies are doing with it
Data is a company's most powerful asset. Yet, many businesses cannibalize this valuable asset by selling it to third parties when they should be using it to make their businesses stronger and more sustainable.
Nearly all digital businesses collect some type of data from their users, so there ha
Vercel raises $150M Series D as it looks to build an end-to-end front-end development platform
Only a few months ago, Vercel, the company behind the popular Next.js framework for front-end developers, announced a $102 million Series C funding round that took its valuation to $1.1 billion. Today, it’s announcing a $150 million Series D round that puts its valuation at $2.5 billion. The
Lee Fixel’s Addition leads $32M investment into TruePay, a Brazilian B2B ‘buy now, pay later’ startup
Global investors continue to be drawn to LatAm.
TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A funding round led by Lee Fixel's Addition.
The investment marks Addition's first ti
NoBroker becomes India’s first proptech unicorn with fresh $210 million funding
An Indian startup that is improving the way millions of people in the nation lease or buy an apartment is the latest firm to become a unicorn in the South Asian market.
Bangalore-based NoBroker has raised $210 million in its Series E financing round, its founders told technewss in an interview. Ti
French insurtech startup Leocare raises big funding round
French startup Leocare has raised a big Series B funding round led by Eight Roads. Overall, the company has raised $116 million. It's an equity and debt round, which means that part of this amount is a cash-for-equity transaction, while the rest is a credit line.
The company is raising today
Berlin’s Yababa snags $15.5M to scale a multicultural grocery delivery biz across Europe
Berlin-based Yababa only started its same-day grocery delivery business this summer, selling products geared toward the tastes of the capital’s sizeable Turkish and Arabic communities shortly afterward, but in a few short months it’s closed a $15.5 million seed round of funding to fuel
Payhawk raises $112M to better compete in the heated corporate card race
If you've followed corporate card and spend management startups in the U.S., you might be familiar with Brex and Ramp. Payhawk is also offering an all-in-one financial management solution for businesses but with a focus on European customers. And the company just raised a $112 million Series B
Niantic raises $300M at a $9B valuation to build the ‘real-world metaverse’
Niantic, the augmented reality platform that’s developing games like Pokémon GO, raised $300 million from Coatue, valuing the company at $9 billion. The San Fransisco-based startup, which initially spun out of Google, will use this money to build what it calls the “real-world metaverse
4 common DEIB mistakes startups can avoid
As a startup founder, you’re likely laser-focused on growth. We get it: You can't do anything at all if the lights aren't on. But if you want to survive and thrive as a company, investing early in diversity, equity, inclusion and belonging (DEIB) is critical.
In the Great Resignation
Creator-driven marketplace LTK now valued at $2B after raising $300M from SoftBank
When LTK launched in 2011, phrases like “influencer marketing” or “the creator economy” weren’t common, but fashion blogger Amber Venz Box faced the same struggles that internet personalities face today. How do you convert unpaid hours writing posts, shooting photos, e
FSD Africa expands insurtech accelerator program to Ghana and Nigeria
Most people in Africa wish to utilize various insurance products but are often deterred by the associated high premiums. It is, therefore, not surprising that insurance penetration across the continent remains marginal, with reported premiums per capita being 11 times lower than the world average,
Voyager Space Holdings to acquire majority stake in Space Micro
Voyager Space Holdings is continuing its trend of snapping up space companies by moving to acquire a majority stake in Space Micro, a manufacturer of orbital communications and digital subsystems for satellites.
This is Voyager's sixth acquisition since its founding in October 2019, as the comp
AutoCloud raises $4M to commercialize its OSS cloud visualization service
AutoCloud announced a $4 million seed round this morning. The cloud-focused startup’s investment was led by Animo Ventures, with participating checks from Uncorrelated Ventures, B Capital Group and Moxxie Ventures.
AutoCloud is the commercial side of the CloudGraph open source project. The hy
Fractional lands $5.5 million to let friends (and strangers) invest in real estate together
As teammates at buy now, pay later fintech Affirm, Stella Han and Carlos Treviño bonded over their shared background of growing up in real estate families. The mission of “pay at your own pace” at Affirm clashed with their firsthand experience of the taxing time commitment and high c