RunX announces $4.1M seed to simplify cloud infrastructure deployment for developers

RunX, an early-stage startup that wants to make it easier for developers to deploy cloud infrastructure, announced a $4.1 million seed investment led by Unusual Ventures and a group of individual angel investors. Company co-founder and CEO Ankur Dahiya says that as organizations deploy modern appli

Carrot, a plug-in that automatically categorizes what you’ve added to your cart, raises $5.5 million

While the growth of e-commerce has left us browsing and shopping more than ever, that doesn’t mean we’re actually buying all that much. In fact, the Baymard Institute, as cited by Shopify, says that about 70% of shopping carts are abandoned on desktop, with that number only going up on

RPA industry consolidation continues with sale of Blue Prism to Vista for £1.095B

The robotic process automation (RPA) market has been red hot over the last year, and one of the market’s pioneers, Blue Prism, was sold to Vista Equity Partners for £1.095 billion ($1.5 billion USD), according to a filing in Great Britain this morning. While we have seen a lot of RPA startup

Fiveable lands $10M Series A to become 'the hallways of the educational internet'

As the pandemic continues to unevenly play out, the backdrop of our days has never felt more stagnant. While tech workers may turn to virtual HQs or Twitter Spaces for spontaneous chats, high schoolers are searching for casual places online to riff and study with friends. And Fiveable, a Milwaukee

Multiverse, the tech-focused apprenticeship startup, nabs $130M at an $875M valuation

After rebranding from White Hat and raising $44 mlion earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The company today announced that it has closed $130 mlion in a Series C round. The funding had been rumored in recent weeks whe the round was being cl

Burro raises $10.9M for autonomous produce field transport

Burro first crossed our path during our 2020 robotics event, when the agtech company competed in our pitch off. The company (which used to go by the decidedly less fun name Augean) appears to be moving up in the world, announcing a $10.9 million Series A raise this week. S2G Ventures and Toyota Ven

Do you need another app to discover beautiful places when you travel?

"speakable-summary" style="text-align: left;">In the summer of 2019, Timilehin Ajiboye became intrigued with the idea of building a travel app after conversations with a circle of friends. One friend reached out to Ajiboye asking if he knew of any platform where she could find new, aesthetically pl

Qovery raises $4 million for its cloud deployment service

French startup Qovery has raised a $4 million seed funding round. The company integrates directly with your git repository and lets you deploy your code to a public cloud without having to manage the infrastructure yourself. Qovery isn't a hosting platform. It's a service that deploys your

Dance raises another $19.4 million for its e-bike subscription service

German startup Dance has raised $19.4 million in new funding (€16.5 million). The news comes just weeks after the company started rolling out its e-bike subscription service in Berlin. Eurazeo is leading today's funding round. HV Capital and BlueYard are also investing, as well as Dave Morin

Amazon-backed buy now, pay later platform Capital Float raises $50 million

Capital Float, an Amazon-backed startup that offers its buy now, pay later service on many popular online platforms in India, including that of the e-commerce firm, said on Tuesday it has raised $50 million in a new investment following a strong growth in recent quarters. Lightrock India led the ne

Indonesian ID and data verification startup Verihubs gets $2.8M led by Insignia Venture Partners

For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as five seconds, using AI-based identity authentication technology and APIs that let companies continue verifying returning cus

India’s Bijnis lands $30 million to help manufacturers build digital identity and sell to retailers

The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade. But there are scores of areas in the South Asian nation's economy that remain largely offline. One of those is factories. There are about 150,000 fa

Will rising interest rates scupper the startup surge?

Investor and entrepreneur Anshu Sharma — formerly a partner at Storm Ventures, now CEO of privacy-focused SkyFlow — asked on Twitter today about the connection between interest rates and technology valuations: Ignore the compliments; Sharma was merely trying to bait Jef

Creative capital is the secret sauce, not venture capital

Around 90% of startups ultimately fail, and the reasons leading to failure are well known: Undercapitalization, scaling challenges, lack of a competitive advantage or realistic IP. However, what about the 10% that succeed? What did they do to beat the odds? To create a pathway for market success, s