E-commerce marketing startup Yotpo raises $230M at a $1.4B valuation

Barely more than seven months after its most recent funding announcement, Yotpo is revealing that it has raised another $230 million in a Series F round that values the company at $1.4 billion (post-money). “Our round, in my eyes, it's all about celebrating the future of e-commerce,” co-fou

Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund

In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found an investor as it announced that The Rise Fund, the global impact investing platform of investment

Miami startup Asteya launches to provide 'income insurance'

Asteya, a Miami-based disability insurance startup that is geared toward small business owners and gig workers, launched today with a seed round of $10 million. Co-founder and CEO Alex Williamson, who was Bumble's chief brand officer, describes Asteya as an “income insurance” startup.  The

Financial API provider Brick is building the infrastructure for open banking in Southeast Asia

The adoption of financial apps is surging in Southeast Asian markets like Indonesia, the region's most populous country. Founded by fintech veterans last year, Brick develops APIs that make it easier for tech companies to add identity verification and access financial data from their users. It

Cymbio raises $7M to help brands expand to more e-commerce markets

Cymbio, a Tel Aviv-based startup focused on what it calls “brand-to-retaer connectivity,” announced today that it has raised $7 mlion in Series A funding. CEO Roy Avidor, who founded the company with Mor Lavi and Gad Zirkel, told me that the platform is designed to help brands sell thei

How to recruit data scientists without paying top dollar

When it comes to building a data science team, many companies fail at the first step — creating a job posting. These mistakes have been amplified in the age of COVID-19. The increasing demand for AI and data science experts, driven in part by the pandemic’s economic impact, is showing no si

Okay, the GPT-3 hype seems pretty reasonable

This morning technewss covered an interesting round for Copy.ai, a startup that employs GPT-3 to help other companies with their writing projects. GPT-3, or Generative Pre-trained Transformer 3, is a piece of AI from the OpenAI group that takes text from the user, and writes a lot more for them.

From improving cancer treatments to saving the bees, these are the companies in IndieBio’s latest class

Ultra-precise cancer therapies! Human-like hair grown from plants! A way to potentially save the bees! The spectrum of companies coming out of IndieBio has always been pretty wild, and its latest batch definitely doesn’t disappoint. As the early-stage, biology-focused accelera

Cash-and-send fintech startup Diem raises $5.5M seed led by Fasanara Capital

Diem, a London, U.K.-based fintech startup, has raised a seed round of $5.5 million led by Fasanara Capital, and angel investor Chris Adelsbach, founder of Outrun Ventures. Additional investors include Andrea Molteni (early investor in Farfetch), Ben Demiri (co-chairman at fashion tech PlatformE) a

Dear Sophie: What type of visa should we get to fundraise in Silicon Valley?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

Oso announces $8.2M Series A to simplify authorization for developers

When we think about getting access to an application, we tend to focus on the authentication side — granting or denying people (or devices) entry. But there is another piece to this, and that’s authorization. This is related to what you can do once you are inside the application, and Os

Pixxel closes $7.3M seed round and unveils commercial hyperspectral imaging product

LA and Bangalore-based space startup Pixxel has closed a $7.3 million seed round, including newly committed capital from Techstars, Omnivore VC and more. The company has also announced a new product focus: hyperspectral imaging. It aims to provide that imaging at the highest resolution commercially

Writing helper Copy.ai raises $2.9M in a round led by Craft Ventures

Copy.ai, a startup building AI-powered copywriting tools for business customers, announced a $2.9 million round this morning. The investment was led by Craft Ventures. Other investors took part in the deal, including smaller checks from Li Jin’s newly formed Atelier Ventures and Sequoia. The

SoftBank-backed Indian insurance platform Policybazaar raises $75 million

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. Sarbvir Singh, chief executive of Policybazaar, told technewss that the startup had raised $75 million, but didn't elaborate. Falcon Edge Capital led the new tranche