Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community
Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. The banks in nearly all cases are trying to meet the needs of certain populations that they believe are feeling left out or underserved by traditional financial institutions.
The latest such neo
Concert livestreaming platform Mandolin raises $12M
Mandolin just marked its first birthday earlier this month, and yet the Indianapolis-based startup is already announcing a $12 million Series A. That's a quick follow up to the $5 million seed it raised in early October of last year. Turns out the global pandemic is a pretty fortuitious time to
Fewer CEOs are serving on outside boards. That's good (and bad)
It used to be a heavily traveled two-way street in corporate America: CEOs joined other companies' boards to broaden their experiences, expand their influence, or simply because it felt good. Boards sought out CEOs because of the knowledge they bring and their unique ability to interact with th
Zipline raises $250M at $2.75B valuation to build out its instant logistics service
Drone delivery startup Zipline, a company that got its start delivering medical supplies across Africa, has raised $250 million in new funding. This latest round has vaulted the company's valuation to $2.75 billion and will fuel further expansion of its logistics networks in Africa and the Unit
Gusto is now offering pieces of its service to other companies via API
This morning Gusto, a unicorn that sells payroll and benefits management software, announced that it will now offer part of its service via an API to external platforms. The new product, dubbed “Gusto Embedded Payroll,” will allow vertical SaaS companies to provide payroll support to th
Dear Sophie: How can I bring my parents and sister to the US?
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 their dreams,” says
Relativity Space will open a 1 million-square-foot factory to scale Terran R production
Fresh off the heels of a $650 million Series E funding round, 3D-printed rocket startup Relativity Space is now preparing to increase production capacity by a factor of ten, with the opening of a 1 million-square-foot factory headquarters in Long Beach, California.
Relativity's current factory,
MKT1: Developer marketing is what startup marketing should look like
MKT1 is a strategic marketing firm founded by experienced startup executives that is everything but a marketing agency. It advises startups on marketing approaches, recruiting and mentoring workshops, with some angel syndicate investing as well. It also provides a job board, a newsletter and works
Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush
Istanbul in Turkey continues to prove itself as very fertile ground for casual gaming startups, which appear to be growing from small seedlings into sizable trees. In the latest development, Dream Games — a developer of mobile puzzle games — has raised $155 million in funding, a Series
Shogun, a front-end e-commerce page builder, nabs $67.5M as retailers look for alternatives to marketplaces
E-commerce marketplaces continue to play a major role in how consumers buy goods online and how retailers show off and sell goods to those consumers, accounting globally for 47% of all e-commerce sales. But today, one of the startups that has built technology to help retailers build and run more di
Sustainable tech developer Turntide Technologies raises $225M
Turntide Technologies, a sustainable technology developer, has announced $225 million in convertible note financing that it says will help fund projects to reduce carbon emissions in the commercial buildings, agriculture and transportation industries.
Canadian Pension Plan Investment Board led the
Nigeria’s MDaaS launches new health tech product on the back of $2.3M seed extension
It is no secret that healthcare in Nigeria and most parts of Africa is not easily available and a lot of work needs to be done in that regard. However, there are instances where accessibility is taken for granted. Take for instance Nigeria where a majority of the population with some form of health
Ably raises $70 million for its developer platform that enables realtime features
Ably is a Pub/Sub messaging platform that companies can use to develop realtime features in their products. The company just raised a $70 million Series B funding round co-led by Insight Partners and Dawn Capital.
Every day, you use various apps that push and fetch data in realtime. When you send a
Sequoia Capital India unveils fifth group of startups for Surge
Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region.
The new cohort, Surge’s largest to date, have collectively raised $55 million, the sto