Cobalt launches from beta with a $2.8M seed to help creators launch products
As internet creators and influencers grow their followings, it’s not always intuitive what the best way to monetize might be. For some creators, they might find a path to monetization through subscriber-only content and branded posts, but for those with a great idea and an entrepreneurial str
SoftBank sinks $200M into Andela, propels company into unicorn territory
Andela, a fully remote company that helps tech companies build remote engineering teams (initially from Africa but now a global market), is currently valued at $1.5 billion following a $200 million Series E round led by SoftBank's Softbank Vision Fund 2, the $30 billion venture fund of SoftBank
Indian online learning platform Vedantu becomes unicorn with $100 million funding
Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth.
Vedantu, which last month refuted rumors of it considering a sale to Byju's, said on Wednesday it has raised $100 mil
DroneSeed’s $36M A round makes it a one-stop shop for post-wildfire reforestation
DroneSeed started as a tech-powered alternative to the backbreaking work of large-scale tree planting, but this important task is only one small part of forest restoration, the infrastructure for which is being pushed to the breaking point by wildfires. Armed with $36 million in new funding, the co
Netflix acquires its first games studio, “Oxenfree” developer Night School
"attachment_2209774" aria-describedby="" style="width: 1292px">A screenshot from Night School Studio game “Oxenfree”
Night School Studio, the independent game developer known for narrative-driven titles like Oxenfree, announced today it has been acquired by Netflix. This makes it the fir
Employers are consumer edtech’s next beta test
Remote work may have changed the way we spend our days, but there's quite a sneaky disruptor among us: burnout. As the pandemic drags on, employees are either soul-searching for a bigger purpose or simply exhausted by the uncertainty and stale culture of their current jobs.
It's not a small
AngelList returns to its founder-focused roots, with a twist
AngelList this week launched AngelList Stack, a new suite of products that will compete with Carta in providing services to help founders start, operate and maintain ownership over their companies. The new software will cover four bases: end-to-end incorporation, business banking, advisor equity gr
Hospitals/clinics patient platform Heydoc raises $8.3M Series A led by Smedvig Capital
Heydoc,?a system for managing the medical data and admin tasks in medical practitioners, has closed an $8.3 million Series A round led by Smedvig Capital with existing investors Hambro Perks, Triple Point?Ventures?and?InHealth Ventures also participating. This brings the total?amount?ra
Sisu Data raises $62M to stop companies from making clouded business mistakes
Sisu Data, which aims to help businesses make better decisions, announced today it has raised $62 million in a Series C round of funding led by Green Bay Ventures.
Existing backers Andreessen Horowitz (a16z) and NEA also put money in the round, along with new investor Geodesic Capital. The financin
Fairmat creates a new material based on recycled carbon fiber composite
Meet Fairmat, a new French startup that wants to improve the recycling process for sophisticated composite materials. The company wants to produce new kinds of materials from material waste and sell them to industrial companies.
Fairmat just raised a $10 million funding round (€8.6 million) led b
Federated Genomic data startup Lifebit raises $60M round led by Tiger Global
Genomic data is considered to be the key to unlocking so-called “precision medicine”. Some estimates suggest that by 2025, 500 million human genomes will have been sequenced, but only a fraction of it is being utilized for drug discovery and precision medicine.
One of the key startups t
Highnote emerges from stealth with $54M and a plan to take on Marqeta in the world of card issuing as a service
Fintech startups have thrown a curve ball into the world of financial services by buding more flexible, cheaper and user-friendly tools to businesses and consumers, who in turn are walking away from older incumbents and taking their custom to newer providers. In the latest development, a startup ca
Angle Labs raises $5 million to build stablecoins based on derivatives
Angle Labs, the company behind the Angle Protocol, has raised a $5 million funding round led by Andreessen Horowitz. The small team has been working on a euro stablecoin on the Ethereum blockchain.
Other investors in the round include Fabric VC, Wintermute, Divergence Ventures, Global Founders Capi
Rize raises $11.4M to scale its embedded fintech service
Rize, a fintech-as-a-service company that provides services to other firms, announced an $11.4 million Series A this morning. The funding event was led by Alpha Edison and Morpheus Ventures. A number of the startup’s prior backers also participated in the round.
Rize is an interesting company