Startups

Patreon has tripled its valuation to $4 billion in a $155 million funding round led by Tiger Global, the company confirmed to The Wall Street Journal on Tuesday.  The creator economy platform, which allows artists to be directly funded by their fans, received new attention amid the COVID-19 pandem

Encrypted chat app Signal is adding payments to the services it provides, a long-expected move and one the company is taking its time on. A U.K.-only beta program will allow users to trade the cryptocurrency MobileCoin quickly, easily, and most importantly, privately. If you’re in the U.K., o

In the first quarter of 2021, American consumer cryptocurrency trading giant Coinbase grew sharply, generating strong profits at the same time. For Coinbase, the disclosure of its preliminary Q1 2021 results comes a week ahead of its direct listing, an event that will see the company begin to trade

Bay Area-based Rapid Robotics today announced a $12 million Series A. The new round, led by NEA, brings the company's total funding up to $17.5 million. It joins a recently closed seed round, announced way back in November of last year. Existing investors Greycroft, Bee Partners and 468 Capital

Today, in a twist, New Jersey Governor Phil Murphy has announced a proposal for a $10 million allocation in the state budget to create a seed fund for Black and Latinx startups, technewss has learned exclusively. The Black and Latinx Seed Fund will be administered by the New Economic Development A

The competition for note-taking is as fierce as it has ever been with plenty of highly-valued productivity startups fighting for an audience it can potentially serve endless productivity offshoots. In the past year, Notion raised at a $2 billion valuation, Coda raised at $636 million, and Roam rais

While it's true the VC world has gone SPAC-happy, the reverse merger method hasn't been a huge driver in robotics thus far, with some notable exceptions like Berkshire-Grey. This morning, however, Utah-based Sarcos Robotics announced plans to board the SPAC train, courtesy of Rotor Acquisit

The energy giant Shell has joined a slew of strategic investors — including All Nippon Airways, Suncor Energy, Mitsui and British Airways — in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel.  A spin-off from LanzaTech, one of the last surviving

Death, despite being one of the most inevitable of life’s events, can also be one of the most complicated and problematic. Fraught with emotional and religious complexities, for many families it can also come with financial and organizational ones. Today, a startup called Empathy is coming ou

The venture capital scene in the North African tech ecosystem will be absolutely buzzing right now with the announcement of two large VC funds in the space of two days. Today, Algebra Ventures, an Egyptian VC firm, announced that it has launched its $90 million second fund. Four years ago, Algebra

Used-goods marketplaces, an online staple since the beginning of the internet as we know it, have really come into their own during the COVID-19 pandemic: They’ve been a place for people clearing out their domestic spaces to list items that they have that are still in good shape, making some

Egyptian-based VC firm Sawari Ventures has closed its $71 million fund for North Africa’s rapidly growing startup ecosystem. The firm first announced its fund in 2018, when it closed an initial $35 million (which subsequently increased to $41 million) in hopes to close at $70 million, per Men

AI models not only take time to build and train, but also to deploy in an organization's workflow. That's where MLOps (machine learning operations) companies come in, helping clients scale their AI technology. InfuseAI, an MLOps startup based in Taiwan, announced today it has raised a $4.3

Glints, the Singapore-based career platform, announced today it has raised $22.5 million in Series C funding led by Japanese human resources management firm PERSOL Holdings. The new capital will be used on Glints' expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product