Cheese raises $3.6M for its digital bank aimed at the Asian-American community
Many things have accelerated in the world of fintech over the past year, not the least of which is the trend of digital banks aimed at specific communities in the U.S.
In the past few months alone, a number of neobanks targeting the Black and Latinx communities have emerged. Most recently, we cover
Savannah Fund launches $25M fund to invest in African startups at seed and Series A
Savannah Fund, a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent.
Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Some of its well-known investme
Cloud cybersecurity startup Lumu raises a $7.5 million Series A
Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 million Series A. The round was co-led by SoftBank Group Corp.'s SB Opportunity Fund and Panoramic Ventures.
Lumu, co-founded and headed by Colombian native Ricardo Villadiego, offers a cloud-based service that helps
Sources: Web Summit will spin out its virtual conference software as a full-blown startup
Sources say Web Summit, the giant tech conference company that specialized in very large gatherings in cities like Lisbon, is poised to spin out its Hopin-like proprietary conference software as an independent startup. Although it's put out a statement today that it will be licensing its softwa
Via buys mapping startup Remix for $100 million
Remix, the startup that developed mapping software used by cities for transportation planning and street design, was born out of a hackathon during a Code for America fellowship. Nearly seven years later, the San Francisco-based startup is being acquired by Via for $100 million in cash and equity.
Fleex lets you allocate a monthly budget for work from home equipment
Meet Fleex, a French startup that was formally named Flexlab. The company wants to make it easier to give some cash to your employees so that they can spend it on a desk, an external monitor, some computer peripherals, a nice chair, etc. Essentially, Fleex wants to make it easier to turn remote wor
Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation
Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million.
Leading the London-based company’s C round — giving it a $1.1 billion
Jobandtalent takes $120M from Softbank to enter the US market
Spain’s Jobandtalent, a digital temp staffing agency startup which operates a dual-sided platform that matches temps with employers needing casual labor in sectors like ecommerce, warehousing, logistics and manufacturing, has grabbed €100 million (~$120M) in Series D funding from SoftBank
Audience engagement startup Trufan raises $2.3M
Trufan, a startup selling tools helping marketers analyze their social followings and collect audience data, announced today that it has raised a $2.3 million seed round.
Despite raising a relatively small amount of funding ($4.1 million total), Trufan has already made two notable acquisitions. Fir
African payments company Flutterwave raises $170M, now valued at over $1B
The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billi
Detail wants to turn your phone into a software-optimized camera app for live video
Meet Detail, a new startup working on an app for iOS and macOS so that you can turn your iPhone into a software-optimized camera for live video. The startup wants to make it easy to use the phone that you have in your pocket with the livestreaming platform that you already use, such as Zoom, Google
Capsule gets $1.5M to build ‘super simple’ decentralized social media
Capsule‘s plan to launch a super simple decentralized social media platform which is safe from censorship by Big Tech has advanced another stage: The nascent startup has closed a seed round of funding ($1.5M) led by Beacon Fund, a dedicated crypto fund by Polychain Capital — which is it
Learn how to build a strong board of directors at TC Early Stage this April
Building a strong board for your startup is key. It’s important to have folks on your board who have both the founder’s and the company’s best interests in mind, and are able to help the company navigate the many stages of a startup’s lifecycle.
At technewss’s Early S
TC Sessions: Mobility 2021 is coming, save the date!
Buckle up, startup and tech fans. Save the date and get ready to rub virtual elbows with mobility's best and brightest minds — the movers, shakers and policy makers that are shaping the future of transportation.
TC Sessions: Mobility returns for its third year on June 9, 2021. Can you say mob