India’s Spinny raises $65 million to expand its online platform for selling used cars

Hundreds of thousands of used cars are sold in India each month. But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process. A Gurgaon-based startup that is attempting to improve this experience said on Thursday it has raised a new financ

Norway’s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe

Food delivery startups, and specifically those focused on grocery delivery, continue to reap super-sized rounds of funding in Europe, buoyed by a year of pandemic living that has led many consumers to shift to shopping online. Today, the latest of these is coming out of Norway. Kolonial, a startup

Twitter said to have held acquisition talks with Clubhouse on potential $4B deal

Twitter held talks with Clubhouse around a potential acquisition of the live drop-in audio networking platform, with a deal value somewhere around $4 billion, according to a report from Bloomberg. technewss has also confirmed the discussions took place from a source familiar with the conversations

Building and leading an early-stage sales team with Zoom CRO Ryan Azus

This year at Early Stage, technewss spoke with Zoom Chief Revenue Officer (CRO) Ryan Azus about building an early-stage sales team. Azus is perhaps best known for leading the video-calling giant’s income arm during COVID-19, but his experience building RingCentral’s North American sale

Nuvocargo raises $12M to digitize the freight logistics industry

Despite hundreds of billions of dollars' worth of goods flowing across the U.S.-Mexican border each year, the freight industry has remained analog — each side of the border offering up its own maze of bureaucracy. Nuvocargo, a digital logistics platform for cross-border trade, is trying to mo

Black Innovation Alliance, Village Capital team up to support founders of color

"speakable-summary" dir="ltr">Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. The motivation behind the project is straightforward. ESOs

How to kick the 10 worst startup habits with Fuel Capital’s Leah Solivan

Fuel Capital General Partner Leah Solivan joined us at technewss Early Stage 2021 to talk about how to avoid early mistakes in building your startup. Solivan has ample experience on both sides of the fence, as she founded TaskRabbit and led it to exit through an acquisition by Ikea in 2017. She sh

Streamlit nabs $35M Series B to expand machine learning platform

As a company founded by data scientists, Streamlit may be in a unique position to develop tooling to help companies build machine learning applications. For starters, it developed an open-source project, but today the startup announced an expanded beta of a new commercial offering and $35 million i

Snorkel AI scores $35M Series B to automate data labeling in machine learning

One of the more tedious aspects of machine learning is providing a set of labels to teach the machine learning model what it needs to know. Snorkel AI wants to make it easier for subject matter experts to apply those labels programmatically, and today the startup announced a $35 million Series B. I

Highlights from Berkeley SkyDeck's virtual demo day

With 17 startups participating, Berkeley SkyDeck's Demo Day isn't the largest cohort we've seen by any stretch. The collection of companies is, however, defined by a wide range of focuses, from pioneering diabetes treatments to retrofitting autonomous trucking, curated by the SkyDeck

Authentic Artists is building virtual, AI-powered musicians

Chris McGarry, who previously led music integration at Facebook’s Oculus, is taking a new approach to bringing music into the virtual world with his startup Authentic Artists. McGarry pointed to virtual celebrities like Lil Miquela and virtual concerts like Travis Scott’s giant event in

Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

"attachment_2134917" aria-describedby="" style="width: 1024px">Trax’s co-founders, Joel Bar-El (left) and Dror Feldheim (right), and Trax’s CEO, Justin Behar (center). Image Credits: Trax COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax e

Plaid raises $425M Series D from Altimeter as it charts a post-Visa future

Plaid, a unicorn that helps connect consumers’ bank accounts to financial applications, has raised a $425 million Series D, it announced this morning. technewss understands that the new capital infusion, led by Altimeter Capital, values the company at around $13.4 billion. It is not surprisi

Former Amazon exec gives Chinese firms a tool to fight cyber threats

China is pushing forward an internet society where economic and public activities increasingly take place online. In the process, troves of citizen and government data get transferred to cloud servers, raising concerns over information security. One startup called ThreatBook sees an opportunity in