Prismic raises $20 million for its headless CMS

Prismic, a company building a content management system, has raised a $20 million Series A funding round. While the startup has been profitable since 2016, it wants to unlock the full potential of its headless CMS by iterating more quickly on its product. Aglaé Ventures and Eurazeo are co-leading

Merlin Labs emerges from stealth to bring autonomy to 55-craft King Air fleet

When Merlin Labs founder Matt George was learning to fly in Vermont, he had a close call with a JetBlue aircraft that was coming into Burlington airport. It was “an unsettling experience,” he told technewss, but one that stuck with him. A few years later, after the transportation company he fo

Datacy raises $2.4M to help consumers monetize their own damn data

This morning Datacy, a startup with its headquarters in Wilmington, Delaware, announced that it has closed $2.4 million in new funding to continue building its consumer-friendly data collection and monetization service. The company is effectively an argument that the preceding sentence is possible.

SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn't use much technolog

Emile Learning bets it can make high school students study, not scroll

Edtech has realized it needs to build for the TikTok generation. It's part of the reason we're seeing a rise in supplemental, aspirational companies such as Outschool and MasterClass, which both lean on snappy editing, engaging content and, most of all, on-demand learning. But a nut that is

Self-driving truck startup Kodiak partnering with SK Group to expand into Asia

Kodiak Robotics, the U.S.-based self-driving truck startup, is partnering with South Korean conglomerate SK to explore the possibility of deploying its autonomous vehicle technology in Asia. The ultimate aim of the partnership is to sell and distribute Kodiak’s self-driving technology in the

Treet, with $2.8 million in seed funding, gets brands involved in the resale market

Treet, a company rethinking the resale retail market, announced the close of a $2.8 million seed round today. The financing comes from Bling Capital, Matchstick Ventures, Techstars, BAM Ventures, BBG Ventures, Green Meadow, Interlace Ventures, V1.VC and Alante Capital. Despite the fact that selling

Parametrix Insurance raises $17.5 million to offer cloud downtime insurance

Insurtech is picking up steam in a big way, but startup Parametrix thinks there is still plenty of room left to innovate. The company, which today announced the close of a $17.5 million funding round, offers insurance policies for companies that rely on third-party cloud providers, e-commerce servi

Amazon is buying MGM Studios for $8.45B

The big media consolidation continues — days after rumors swirled around Amazon's acquisition of MGM, the online massive retailer confirmed today that it will be acquiring the nearly 100-year-old studio for a cool $8.45 billion. The deal is another big step to bolster Amazon's fight i

Lightrun raises $23M for its debugging and observability platform

Lightrun, a startup that helps developers debug their live production code, today announced that it has raised a $23 million Series A round led by Insight Partners. Glilot Capital Partners, which led the company’s $4 million seed round, also participated in this round. What makes Lightrun sta

Insurtech startup Obie raises $10.7M Series A led by Battery Ventures

Obie, which has developed an insurtech platform for landlords, has raised $10.7 million in a Series A funding round led by Battery Ventures. Thomvest Ventures, Funders Club, MetaProp and Second Century Ventures also participated in the financing. If this sounds like a niche offering

Axle raises $10M Series A to advance its freight financing services

Axle recently announced it raised $10 million Series A financing after a stellar year of growth. The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners and others, including existing investors Anthemis Group, Techstars and Plug and Play Ventur

LatAm-focused corporate spend startup Clara raises $30M months after its last round

This morning Clara announced that it closed a new, $30 million funding round and secured a $50 million revolving debt facility. The startup, which provides corporate cards to Mexican companies, raised funds earlier this year when it was busy launching its product. Since then, growth has proven rapi

Collab Capital closes $50 million debut fund to back Black founders

A decade before investing outside of San Francisco and New York became trendy, entrepreneurs Jewel Burks, Justin Dawkins and Barry Givens were betting on Atlanta. Each experienced firsthand the biases that disproportionately hurts Black founders — while also being living proof of the wave of