Pledge raises $4.5M seed round to build a carbon-measurement and removal API

With the climate crisis looming, lots of companies want to do their part. But asking customers to “offset the CO2 emission of this delivery” is usually a hammer to crack a nut. There is very little transparency around carbon offsets. Plus, smaller companies want to access high-quality carbon cr

Hong Kong-based fintech XanPool raises $27M for its decentralized payment network

XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Crypto

Brex just signed a term sheet for $300M at a $12.3B valuation

Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has b

Charting a course through the internet’s ever-changing landscape

When you think of today's internet landscape, Google's overwhelming market share immediately comes to mind. The latest reports show that Google accounts for nearly 87% of the global search market, while Chrome makes up over 67% of the global browser market, touting 2.65 billion users worldw

Lessons from founders raising their first round in a bull market

For Manu Bansal, founder of Lightup.ai, raising a seed round from a16z was not a very difficult journey. His previous company, Uhana, launched in 2016, was backed by NEA and had been acquired by VMWare in three years. So he had demonstrated ability when it came to not just building a product, but b

AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using an app, for example, or a credit card machine to take payment — they must deal with a whole

What do people want in a co-founder? YC has some answers

If I went to Stanford and worked with some YC-backed startups, chances are that I'll find it relatively easy to find one or two co-founders, get millions in funding and build a billion-dollar company. However, as someone who grew up in Lagos, Nigeria, and studied at the University of Nigeria, t

Socratic nabs $3M seed to build data-driven task management system for developers

Socratic, an early-stage startup that wants to bring data to bear on a developer-focused task management system, announced a $3 million seed investment today from Unusual Ventures, Overtime.vc and a couple of industry angels. The company is also opening up public beta of the software starting today

B12 raises $15.7M to become the Shopify for professional services firms

When it comes to the digital world, many professional service firms are still working to get caught up — especially the smaller players. Today, B12, a startup that is focused on helping those smaller professional service organizations such as law and accounting firms or mortgage brokerages mo

MIT spinoff Via Separations scores $38M Series B to decarbonize manufacturing

Via Separations is a startup from a couple of MIT material science engineers who figured out a way to reduce the amount of energy required in a manufacturing process, resulting in lower carbon creation, lower energy usage and lower costs. Today, the company announced a $38 million Series B. The rou

New Relic acquires CodeStream to provide chat in developer environments, inks Microsoft IDE partnership

New Relic, the observabity platform, has made an acquisition and is launching a new service on the back of it to bring a new dimension into bigger strategy to bring developers and operations closer together. It has acquired CodeStream, an application that works within integrated developer environme

The Fund raises fund with focus on women-led, woman-founded startups

The Fund is raising a new angel investment fund, dubbed The Fund XX, that is pulling together a community of women investors and entrepreneurs that will make pre-seed and seed-stage investments. Jenny Fielding, managing director of Techstars and one of the founders of The Fund, said the organizatio

Station F adds an online program to educate the next generation of entrepreneurs

Station F, the big startup campus located in Paris, is launching an online component called Launch by Station F. With this new program, entrepreneurs from anywhere can get started and learn all the basics to start a company. Launched in 2017, Station F is a massive building that used to be a rail f

Germany’s FlixMobility acquires Greyhound Lines, the iconic U.S. bus company, in $78M deal

FlixMobility, the $3 billion-German transportation startup that has doubled down on long distance buses and slowly and quietly gobbled up transit lines and operations across Europe, today announced a big move to raise its game in the U.S. The company announced that it is acquiring Greyhound Lines,