Startups

When you're wearing multiple hats while managing your startup's operations, there’s hardly any time to stop and think about what would happen if things were to go catastrophically wrong. You probably don't consider the consequences if you were to die suddenly, leaving the venture

Ericsson, an international networking company, decided it needed a dose of modernization and this morning announced its intent to acquire cloud communications company Vonage in a $6.2 billion deal. With Vonage, Ericsson is getting a more modern approach to communications that includes a cloud conta

As companies increasingly move to take advantage of machine learning to run their business more efficiently, the fact is that it takes an abundance of energy to build, test and run models in production. Neu.ro, an early-stage full-stack MLOps solution, is building a greener approach. Today, the com

Nigeria-based mobility-as-a-service platform Treepz (formerly Plentywaka) has acquired Ugabus, a Ugandan bus company that aggregates inter-city bus operators. While the terms of the deal were not disclosed, Onyeka Akumah, CEO and co-founder of Treepz, told technewss that the acquisition was funded

Berlin-based Jina.ai, an open source startup that uses neural search to help its users find information in their unstructured data (including videos and images), today announced that it has raised a $30 million Series A funding round led by Canaan Partners. New investor Mango Capital, as well as ex

On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the most popular and most-watched reality show in Africa, raking in impressive numbers in terms of money

The dollar is mostly green, but in the hands of Kompas, so are kroner, euros and shekels. The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, real est

French startup Lydia is entering a whole new category by adding trading to its financial super app later this year. The company is partnering with Bitpanda for this feature. Lydia users will be able to buy, hold and sell American and European shares, precious metals, cryptocurrencies and ETFs. Lydi

During the garage-stage and Zoom-room days of a company's life, fluidity can feel key to idea creation. The lack of contractual obligations is baked into how we understand the origin stories of the most famous startups. We celebrate rapid pivots, love scrappy MVPs over perfectly polished platfo

Mmhmm has perhaps the noisiest take on the future of video-conferencing: virtual meetings will be fun, flexible and, as shown by its most recent acquisition, emotive. The video-conferencing software startup, founded by Evernote creator Phil Libin, announced today that it has bought Macro, a company

Funding for startups is on fire. But sometimes to get that funding, particularly after the seed round, startups need to have their financial house in order. In the early stages, leaders are usually laser-focused on three key areas: developing their product or service, getting sales and generating c

The market for crypto-focused investing is growing rapidly. News that Paradigm put together a $2.5 billion fund the other day is a reminder of the scale of funds now available to startups looking to build on the blockchain. Andreessen Horowitz has a mega-fund in the market as well, while Coinbase V

The skyline of the city is a mass of brightly lit office buildings, industrial factories and skyscrapers, the endless hash of lights and shadows making the night seem as if it is teeming with life. Within that urban jungle, we find Amit Gupta, our dastardly hero. He smelled of fresh laundry, hair g

Primer Sazze Partners, a San Jose-based venture capital firm, plans to set up its second fund at $127 million (150 billion won), aiming in the first half of 2022 to invest in startups founded by Korean entrepreneurs in Asia and North America. Its limited partners could include Hana Financial and a