SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y. The deal announced Thursday confirms technewss’s reporting in June that the startu

Credit Suisse leads $20M Series A in data extraction startup Daloopa

Daloopa closed on a $20 million Series A round, led by Credit Suisse Asset Management's NEXT Investors, to continue developing its data extraction technology for financial institutions, which is now being expanded globally. When company co-founder and CEO Thomas Li worked as a hedge fund analys

Netradyne raises $150M in Series C to improve commercial driver safety

Netradyne, a startup that uses cameras and edge computing to improve commercial driver safety, has scored $150 million in Series C funding. The fresh cash will help the company double down on its current product, Driveri, according to Avneesh Agrawal, CEO and co-founder. Agrawal told TechCr

Egyptian social e-commerce platform Taager raises $6.4M led by 4DX Ventures

The global social market is rapidly growing. With over 1.25 million online social sellers in Egypt alone, the Egyptian social e-commerce market is forecast to be worth more than $14.8 billion by 2024. One of its players, Taager, is a social e-commerce platform enabling online merchants with end-to-

Verve Motion raises $15M following exosuit pilot with grocery workers

The exoskeleton/exosuit category has been heating up over the past few years. It makes sense, really. There are two giant — and dramatically different — potential customer bases. On one end are those sorts of jobs that could benefit from some wearable assistance. On the other are people

Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services super app

"Page 1"> The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money. In the latest development, Revolut — the London-based financial “super app” that provides banking, investing, currency transfer

India’s Inshorts raises $60 million following Public social network app growth

Indian startup Inshorts, which operates an eponymous news aggregator service, has raised $60 million in a new financing round as its two-year-old bet — the launch of a new social media app called Public — continues to impress, the startup confirmed to technewss on Thursday. Vy Capital

Singapore-based Tinvio raises $12M Series A to build financial services for supply chain merchants

First created to give supply chain merchants a streamlined way to communicate with buyers, Tinvio is now preparing to launch financial services, including financing and credit card issuing. The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transac

Easy Eat AI raises $5M to help Southeast Asian restaurants digitize their operations

Easy Eat AI, a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Easy Eat AI offers an operating system for restaurants that lets them digitize all parts of their business, from inventory and customer or

YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong

"attachment_2177314" aria-describedby="" style="width: 1024px">Arcc, a coworking space in Singapore available for bookings on Deskimo. Image Credits: Deskimo Part of Y Combinator's current batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently availa

Khosla’s Adina Tecklu breaks down how to nail your pitch

Pitching is perhaps the single most important skill that any founder needs to hone, so not surprisingly, we kicked off our technewss Early Stage 2021 — Marketing & Fundraising event with a deep dive on all the tips and tricks required to get the most out of pitching and slide decks. On hand

Events platform Bevy acquires Egypt’s Eventtus to scale its offering for enterprises

It's been fascinating to watch the development of Eventtus, a startup I came across many years ago in my travels in the Middle East, finding them at the Rise-Up Summit in Cairo in 2012. Then, it was two young women who'd taken the Silicon Valley startup culture to heart and created their ow

How to navigate an acquisition without alienating your current employees

Many watchers expected an uptick in merger and acquisition activity when the world began to emerge from the pandemic in 2021, but the current spike is record-breaking, topping $2.4 trillion in the first half of the year. That's more than a 150% increase over last year's M&A activity lev

Flymachine raises $21 million to build a virtual concerts platform for a post-pandemic world

As concerts and live events return to the physical world stateside, many in the tech industry have wondered whether some of the pandemic-era opportunities around virtualizing these events are lost for the time being. San Francisco-based Flymachine is aiming to seek out the holy grail of the digital