Rivian hit with gender discrimination lawsuit that alleges toxic ‘bro culture’
Rivian, the electric automaker that recently filed for an IPO, has been sued by a former sales and marketing vice president for alleged gender discrimination.
The lawsuit alleges that Laura Schwab, a former sales and marketing executive who had a long employment history with Jaguar Land Rover and A
Israel's tech sector is on the wrong track
On the surface, it's impressive that Israel has nearly as many unicorns as the European Union with a population almost 50 times smaller. It may seem odd to suggest that the gap can grow still larger. And yet, it is so.
The tech ecosystem is like a flywheel. When founders sell or go public, mone
Gwoop raises $1.8M for its esports training platform as it starts working with high school gaming leagues
Earlier this year I wrote about Gwoop, a team out of Minnesota building a collection of browser-based games meant to help you get better at video games overall. Their games measure things like how quickly you react, how accurately you move the mouse or how quickly you can aim at a randomly placed t
PubNub raises $65M to build and run data streams for messaging, presence and other real-time aspects of ‘virtual spaces’
Data streams with continual, real-time updates of information are a critical building block of how apps and sites function today, and now a startup that has built a platform to power those data streams is announcing a growth round of funding on the back of strong growth in its business into a wider
Why more SaaS companies are shifting to usage-based pricing
Is usage-based pricing (UBP) going mainstream? That may be so, if you consider the results of Boston-based VC firm OpenView’s annual Financial and Operating Benchmarks survey. Of the nearly 600 SaaS companies that responded, 45% say they are using this flexible pricing model, up from 34% in 2
BTS enters NFT market in joint venture with Upbit
Hybe, the South Korean agency behind K-pop megastar BTS, announced today that it plans to set up a joint venture with Korean crypto exchange Upbit to enter the non-fungible token (NFT) business.
Hybe will buy a 2.5% stake in Dunamu, a blockchain-based fintech startup that runs cryptocurrency excha
Sofar nets a $39M round B to grow its ocean-monitoring autonomous buoy network
The ocean is vast and mysterious … but rather less so when you have thousands of little autonomous buoys reporting back interesting info to you every day. That’s just what Sofar Ocean has, and it just raised $39 million to scale up its vision of real-time understanding of the seven seas.
Th
Dear Sophie: Options for founder moving on from E-2 visa
??Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue thei
Emerge Tools raises $1.7M to help make apps smaller
Apps tend to get bigger over time. Adding new features means adding more code, more third-party frameworks and more assets like images or videos. Resources like fonts or support documents get duplicated and things slip through the build process without the best optimization or compression.
Keeping
VCs must do a better job of supporting Black women founders
There is a growing body of articles about the important issue of the lack of investment dollars flowing to Black women founders. For anyone following venture news, this data should not be new: Fortune reported that while the numbers have tripled since 2018, Black women still only receive 0.27% of a
Scale AI acquires SiaSearch to give companies the same data engine superpowers that Tesla has
Scale AI has acquired a small startup that could help expand its reach in Europe and speed up development of its newest product.
Financial terms were not disclosed.
SiaSearch, which spun out of European venture studio Merantix, has built out a data management platform that acts as a
Paytm raises $1.1 billion from anchor investors in India's blockbuster IPO
Paytm has raised $1.104 billion in India's largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation's largest, as the poster child of the Indian startup ecosystem moves closer to listing in the public markets.
Blackrock, GIC, Canada Pension
Spartan Radar raises a total of $25M to help radar compete with lidar tech
Take a dollop of machine learning, a handful of radar sensors and a market that is clamoring for autonomous cars not mowing down hordes of pedestrians, and you’ve got yourself a particularly frothy fundraising environment. Hot on the heels from the $10 million round Spartan Radar announced in
Ethyca raises $7.5M, open sources Fides for developers to build privacy tools directly into their codebases
Ethyca, the privacy-by-design technology startup that has built a unique set of APIs, detection tools and analytics to make it easier for organizations to adhere to data privacy policies like GDPR, is taking a couple of big steps today as it gets deeper into the business of data protection.
First,