Upstack raises $50M for its platform and advisory to help businesses plan and buy for digital transformation
Digital transformation has been one of the biggest catchphrases of the past year, with many an organization forced to reckon with aging IT, a lack of digital strategy, or simply the challenges of growth after being faced with newly-remote workforces, customers doing everything online and other tech
Outschool is the newest edtech unicorn
Outschool, a marketplace providing small-group, virtual after-school activities for children, has raised a $75 million Series C led by Coatue and Tiger Global Management. technewss first learned of the round from sources familiar with the transaction; the company confirmed the deal to technewss.
Connected Cannabis Co. raises $30 million to bring its designer weed strains to more states
Connected Cannabis Co. was founded in 2009 and has since grown to become a leading cultivator of designer cannabis strains. Today, the company announced $30 million in debt and equity financing. This comes after the company raised a $25 million Series A in 2019. The new round was led by existing in
Boasting menus from chefs at French Laundry, vegetarian meal kit startup Simple Feast hits the US
Offering a respite from processed foods for the richest 20% of Americans, Simple Feast has landed on U.S. shores with a mission to expand its presence on the back of $45 million in financing from investors.
The European startup is looking to take a page from the shouty LIVEKINDLY Collective playboo
Slice raises $40M to power ordering and marketing for independent pizzerias
Slice, a startup that helps independent pizzerias build an online business, has raised another $40 million in Series D funding.
The round was led by Cross Creek, with participation from KKR, GGV Capital and Primary Ventures, as well as Twitter’s former CEO Dick Costolo and former COO Adam Bai
Messaging app Wire raises $21 million
Wire, the end-to-end encrypted messaging app and service, has raised a $21 million Series B funding round led by UVC Partners. As the company said a couple of years ago, the company is focusing on the enterprise market more than ever.
While Wire started as a consumer app, it never managed to attrac
Vanadium ion battery startup Standard Energy raises $8.9M Series C from SoftBank Ventures Asia
Standard Energy, a vanadium ion battery developer, announced today it has raised a $8.9 million Series C from SoftBank Ventures Asia. The South Korea-based company says its batteries' advantages over lithium ion include less risk of ignition and the ease of sourcing vanadium. The latter is an i
South Africa’s Quro Medical comes out of stealth with $1.1M to expand its hospital-at-home service
For a continent with such stark inequality, Africa has seen limited innovation to increase access to healthcare and reduce healthcare delivery costs. Over the years, there has been continued investment in traditional care models despite the overwhelming evidence of inefficiency and escalating costs
Vietnam-based healthcare booking app Docosan gets $1M seed funding led by AppWorks
Based in Ho Chi Minh City, Docosan helps patients avoid long waits by letting them search and book doctors through its app. The company announced today it has raised more than $1 million in seed funding, which it claims is one of the largest seed rounds ever for a Vietnamese health tech startup. Th
Coinbase sets direct listing reference price at $250/share, valuing the company at as much as $65B
Coinbase, the American cryptocurrency trading giant, has set a reference price for its direct listing at $250 per share. According to the company’s most recent SEC filing, it has a fully diluted share count of 261.3 million, giving the company a valuation of $65.3 billion. Using a simple shar
5 product lessons to learn before you write a line of code
Before a startup can achieve product-market fit, founders must first listen to their customers, build what they require and fashion a business plan that makes the whole enterprise worthwhile. The numbers will tell the true story, but when it happens, you’ll feel it in your bones because sales
5 questions about Grab’s epic SPAC investor deck
As expected, Southeast Asian superapp Grab is going public via a SPAC.
The combination, which technewss discussed over the weekend, will value Grab on an equity basis at $39.6 billion and will provide around $4.5 billion in cash, $4 billion of which will come in the form of a private investment in
JXL turns Jira into spreadsheets
Atlassian’s Jira is an extremely powerful issue tracking and project management tool, but it’s not the world’s most intuitive piece of software. Spreadsheets, on the other hand, are pretty much the de facto standard for managing virtually anything in a business. It’s maybe n
1Password acquires SecretHub and launches new enterprise secrets management tool
1Password, the password management service that competes with the likes of LastPass and BitWarden, today announced a major push beyond the basics of password management and into the infrastructure secrets management space. To do so, the company has acquired secrets management service SecretHub and