Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech
Bipartisanship has long been out of fashion, but one common pursuit among Democrats and Republicans in Washington has been placing Big Tech companies under a microscope.
Congressional committees have held scores of hearings, lawsuits have been filed and legislation has been introduced to regulate p
Women-led sports media startup The GIST raises $1M to challenge sports reporting norms
The three co-founders of The GIST are all themselves sports fans, but realized in 2018 that sports media in general left a lot to be desired when it comes to catering to audiences outside of the male-dominated, stereotypical sports audience. So they started a new kind of sports media enterprise, ta
Twaice raised $26M to scale its battery analytics software
All batteries degrade over time. For automakers, fleet managers and other companies, the crux — and key to profitability — is knowing when they will.
But it’s surprisingly difficult to understand the health and status of a battery without extensive and expensive testing, which isn’t
Startup studio eFounders reaches portfolio valuation of $2 billion
European startup studio eFounders has now been around for 10 years. And because a birthday sounds like a good opportunity to share some metrics, the portfolio companies have reached a valuation of $2 billion together — only 18 months after reaching $1 billion.
EFounders says it is focused on bui
API security startup 42Crunch raises $17M Series A led by Energy Impact Partners
With security top of mind in many companies these days, especially given how many staff work at home, there is one area that remains chronically ignored: that of the world of APIs which power all of the platforms we all use every day.
Now, a significant player in the cybersecurity of APIs is super-
PhonePe in talks to acquire Indian app store Indus OS
Walmart-backed Indian payments services firm PhonePe is in advanced stages of talks to acquire Samsung-backed Indus OS, a startup that operates an eponymous third-party Android app store, a source familiar with the matter told technewss.
The deal values Noida-headquartered Indus OS at $60 million,
Otter.ai’s new assistant can automatically transcribe your Zoom meetings
AI-powered voice transcription service Otter.ai wants to make it even easier for its business users to record their meetings. The company is today introducing a new feature, Otter Assistant, which can automatically join the Zoom meetings on your calendar, transcribe the conversations and share the
UTEC, one of Asia’s largest deep tech investment firms, launches new $275M fund
The University of Tokyo Edge Capital Partners (UTEC), a deep tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC currently has about $780 million in total assets under management, and says this m
Financing for students startup StudentFinance raises $5.3M seed from Giant and Armilar
Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 million (€4.5 million) seed round co-led by Giant Ventures and Armilar Venture Partners. It's now raised $6.6 million total, to date.
StudentFin
Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem
Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon's Climate Pledge Fund. The new capital is the second round of funding announced by the company this year, after the company raised $143 million in private capital in
Commission-free trading app Stake secures $30M from Tiger Global to expand into Europe
Commission-free trading app Stake, which is available in the U.K., Brazil and New Zealand, has raised $30 million from Tiger Global and partners of London-based DST Global to expand into Europe.
Matt Leibowitz, founder and CEO of Stake said: “We're really excited to get to this point but it
Benchmark Space Systems and Starfish Space team up to advance orbital docking and refueling
Humans may not have totally mastered getting objects to space, but we've done a pretty good job so far. The hundreds of satellites that orbit the Earth are proof enough that “send stuff to space” is firmly in humanity's capacity. But what about refueling, repairing or even addin
Dorothy is a startup that offers faster cash post-disaster
When disaster strikes, costs pile up quickly. Flood waters can wipe out the foundation of a home or building, just as much as wildfires can burn down the walls or the entire structure. For residents and business owners, rebuilding and rebuilding quickly is crucial: They ultimately need some place t
Father and son duo take on global logistics with Optimal Dynamics' sequential decision AI platform
Like “innovation,” machine learning and artificial intelligence are commonplace terms that provide very little context for what they actually signify. AI/ML spans dozens of different fields of research, covering all kinds of different problems and alternative and often incompatible ways to solv