As concerns rise over forest carbon offsets, Pachama’s verified offset marketplace gets $15 million

Restoring and preserving the world’s forests has long been considered one of the easiest, lowest-cost and simplest ways to reduce the amount of greenhouse gases in the atmosphere. It’s by far the most popular method for corporations looking to take an easy first step on the long road to

Lambda School lays off 65 employees amid restructuring

Nearly a year after its last layoff, online coding bootcamp Lambda School just announced more cuts amid a broader restructuring. In a blog post, CEO and founder Austen Allred said that the startup, which raised a $74 million Series C in August, is laying off 65 employees.  The roles that were cut

PortalOne raises $15M from Atari and more for a new hybrid gaming/TV show app

Gaming and streamed video have been two of the biggest pastime winners during the last year+ of pandemic living. Today a startup that has created an app that brings those two entertainment formats together is announcing a notable seed round of funding as it prepares to come out of closed beta. Port

Google to offer 40,000 developer scholarships in Africa; continues accelerator program

Google today announced the launch of 40,000 new developer scholarships in Africa. Google will offer the scholarships — created in partnership with tech talent companies Pluralsight and Andela — to developers spread across mobile and cloud development tracks. According to the statement

Firstbase raises $13M to make remote work suck less

The chance that I am ever willing to commute on a regular basis again in the future is zero. It’s too inefficient. And while workers and employers are somewhat split on where they stand on the question of remote toil, the COVID-19 pandemic has permanently shaken up the working world; we’

ReleaseHub nabs $2.7M seed to give developers on-demand environments

Every developer relies on environments like testing, staging and production as they build software, but building them can be a time-consuming operation. ReleaseHub, an early-stage startup that was part of the Y Combinator Winter 2020 cohort, wants to change that by providing a service to make envir

Erase All Kittens raises $1M seed round for Mario-style game which teaches girls to code

Erase All Kittens (EAK) is an edtech startup that created a “Mario-style” web-based game designed for kids aged 8-12. However, the game has a twist: it places an emphasis on inspiring girls to code (since, let's face it, most coding tools are created by men). After reaching 160,000

Gr4vy launches cloud payment orchestration, pulls in $11.1M Series A led by Nyca Partners

Gr4vy, (pronounced “gravy”) is a cloud-native payments company with a “payment orchestration platform (POP)” that merges a cloud platform with payments infrastructure. It's also announcing a Series A funding round of $11.1 million, led by Nyca Partners (a VC with a bench of part

Hacking my way into analytics: A creative's journey to design with data

Growing up, did you ever wonder how many chairs you'd have to stack to reach the sky? No? I guess that's just me then. As a child, I always asked a lot of “how many/much” questions. Some were legitimate (“How much is 1 USD in VND?”); some were absurd (“

Zynga and Rollic acquire the hyper-casual game studio behind High Heels

Last year, Zynga bought hyper-casual game maker Rollic. Today, Rollic is a Zynga subsidiary, and it’s announcing the acquisition of another game studio called Uncosoft. Like Rollic, Uncosoft develops hyper-casual games and is based in Turkey (Istanbul in Rollic’s case, Izmir in Uncosoft

Vivid Money raises $73 million to build a European financial super app

German startup Vivid Money has raised a new $73 million Series B funding round (€60 million) led by Greenoaks, with existing investor Ribbit Capital also participating. Following today's funding round, Vivid Money has reached a valuation of $436 million (€360 million). Vivid Money could be

Here are all the startups pitching today at Venture Day Minsk

Venture Day Minsk (organised by tech startup hub Imaguru) is run annually, but because of the pandemic and the political situation in Belarus, it has gone virtual. Even Imaguru itself has had to switch to online-only operations after Lukashenko’s thugs shut down its physical space. If you wan

TravelPerk raises $160M in equity and debt after a year of derailed business trips

The pandemic has hammered the travel sector over the past 12 months so you’d be forgiven for feeling a bit of pre-COVID-19 déjà vu at this news: Business trip booking platform TravelPerk is announcing a $160M Series D. The round, which is a mix of equity and debt funding, is led by London-b

Paxos raises $300 million to build a cryptocurrency infrastructure giant

Paxos has raised a $300 million Series D funding round led by Oak HC/FT. With today's funding, the company is now valued at $2.4 billion. The company has been building infrastructure and white-label services for enterprise clients that want to offer cryptocurrency products to their own customer