Security startup Tessian, which uses AI to fight social engineering, trousers $65M

In the latest chunky funding round out of Europe, U.K.-based email security startup Tessian has closed $65 million in Series C funding. The startup applies machine learning to build individual behavior models for enterprise email use that aims to combat human error by flagging problematic patterns

AcuityMD raises $7M to better track the evolving world of medical hardware

In a world defined by tons of noise and little signal, startups that make it easier for consumers to make a choice just make sense. Career Karma helps students pick a tech bootcamp, Stackin' helps millennials navigate the world of neobank and savings apps and a new Boston-based company is helpi

Weight-loss platform Noom bulks up on $540 million in new funding

Since the pandemic began last year, nearly 61% of adults in the United States gained weight, with the average adult surveyed gaining 15 pounds, according to a report from the American Psychological Association. Likely as a result of that rise in girths, Noom witnessed a surge of demand for its wei

Indian logistics SaaS startup FarEye raises $100 million

FarEye, an Indian SaaS startup that helps firms globally optimize their supply chain and logistics operations, said on Tuesday it has raised a new financing round, its third since the pandemic broke last year, as it looks to further expand in international markets. The Noida-headquartered startup h

Interactio, a remote interpretation platform, grabs $30M after seeing 12x growth during COVID-19

Interactio, a remote interpretation platform whose customers include massive institutions like the United Nations, European Commission and Parliament along with corporates like BMW, JP Morgan and Microsoft, has closed a whopping $30 million Series A after usage of its tools grew 12x between 2019 an

Flush with $42M, hot AI startup Faculty plans to hoover up more PhDs… and steer clear of politics

In the wake of the news that U.K.-based AI startup Faculty has raised $42.5 million in a growth funding round, I teased out more from CEO and co-founder Marc Warner on what his plans are for the company. Faculty seems to have an uncanny knack of winning U.K. government contracts, after helping Bori

2 CEOs are better than 1

Netflix has two CEOs: Co-founder Reed Hastings oversees the streaming side of the company, while Ted Sarandos guides Netflix's content. Warby Parker has co-CEOs as well — its co-founders went to college together. Other companies like the tech giant Oracle and luggage maker Away have shifted f

When to walk away from a VC who wants to invest in your startup

Venture capitalists add value in a number of ways. For example, one of my business' backers has a deep tech “pod” that generates events and content we are always welcomed to be a part of. Another one of our investors gives us full commercial support through its network of mentors th

Future Family raises $9M to make fertility treatments more accessible and expand its clinic network

Future Family, a company we’ve written about a few times over the years, makes fertility treatments more accessible. They pre-negotiate terms with fertility clinics to ensure there are no surprise fees, convert the often substantial upfront costs into a monthly payment plan and give each user

Fireflies.ai raises $14M for its meeting transcription and automation service

The Fireflies.ai project is a good reminder that not every startup project goes from idea to unicorn-status in 48 minutes. Instead, the startup’s CEO Krish Ramineni told technewss about how a period of interest in natural language processing (NLP), tinkering with a friend, a stint at Microso

The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region, São Paulo-based Kaszek has been putting money into promising startups, helping spawn nine unicorns along the way. And now, the early-stage VC firm i

In a YC ‘power’ play, Gridware girds $5.3M to save humanity from weather

You might have thought that with more than 300 companies joining this year's winter batch of Y Combinator, the investor interest might have thinned. Well, it's 2021 and investors are hopping around like crazy to invest in ideas that push the boundaries in fields far-flung from enterprise Sa

Beacons raises $6 million for its link-in-bio homepage builder that lets creators monetize

Mobile landing page builder Beacons has raised a $6 million seed round to expand its vision for empowering creators to make money beyond the cramped confines of their social media profiles. The company, co-founded by Neal Jean, Jesse Zhang, Greg Luppescu and David Zeng, provides anyone who uses soc

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

“AI is eating the world of education,” Riiid co-founder and CEO YJ Jang notes in his biographical description on his LinkedIn profile. Today his startup — which builds AI-based personalized learning, including test prep, for students — is announcing a major funding round to