The technology selloff is getting to be somewhat material

Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech sto

YC-backed Pangea discusses growth, fundraising ahead of demo day

Pangea, a marketplace startup that wants to connect college freelancers and companies in need of digital help, is seeing its growth rate accelerate as it races toward the impending Y Combinator demo day. It’s traditional around this time that startups in the accelerator reach out to say hello

Scrum Ventures launches new program to connect startups with Japanese corporations

"attachment_2121500" aria-describedby="" style="width: 1024px">Masami Takahashi, the president of Scrum Studio. Image Credits: Scrum Ventures Headquartered in San Francisco and Tokyo, Scrum Ventures is known for its accelerator programs focused on sports, food and smart-city tech. Today it announced

Indonesian logistics startup SiCepat raises $170 million Series B

SiCepat, an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. Founded in 2014 to provide last-mile deliveries for small merchants, the company has since expanded to serve large e-commerce platforms, too. Its services now also cover wareh

InsurGrid raises pre-seed financing to help modernize legacy insurance agents

Insurance agents spend hours handling paperwork and grabbing client information over the phone. A new seed-stage startup, InsurGrid, has developed a software solution to help ease the process, and make it easier for agents to serve existing clients — and secure new ones. In

Backed by Blossom, Creandum and Index, grocery delivery and dark store startup Dija launches in London

Dija, the London-based grocery delivery startup, is officially launching today and confirming that it raised £20 million in seed funding in December — a round that we first reported was partially closed the previous month. Backing the company is Blossom Capital, Creandum and Index Ventures,

A new asynchronous video startup, Weet, is helping employees communicate on their own schedule

For founder Najette Fellache, coming to the Bay Area a few years ago from Nantes, France was a way to grow a company she’d founded and which was already beginning to count major U.S. corporations like GE, Tesla, Amazon, and Medtronics as customers. What that six-year-old outfit, Speach, sells

Flourish, a startup that aims to help banks engage and retain customers, raises $1.5M

It's not uncommon these days to hear of U.S.-based investors backing Latin American startups. But it's not every day that we hear of Latin American VCs investing in U.S.-based startups. Berkeley-based fintech Flourish has raised $1.5 million in a funding round led by Brazili

Coursera is planning to file to go public tomorrow

Coursera, an online education platform that has seen its business grow amid the coronavirus pandemic, is planning to file paperwork tomorrow for its initial public offering, sources familiar with the matter say. The company has been talking to underwriters since last year, but tomorrow could mark i

Stream raises $38M as its chat and activity feed APIs power communications for 1B users

"speakable-summary" dir="ltr">A lot of our communication these days with each other is digital, and today one of the companies enabling that — with APIs to bud chat experiences into apps — is announcing a round of funding on the back of some very strong growth. Stream, which lets develop

German insurtech platform Hepster raises $10M Series A led by Element Ventures

Hepster, an insurtech platform from Germany, has raised $10 million in a Series A funding round led by Element Ventures. Also participating was Seventure Partners, MBMV and GPS Ventures, as well as previous investors. The funds will be used to broaden the Hepster insurance ecosystem and scale up it

Bain’s Sarah Smith, former head of HR at Quora, will share the recruiting playbook at Early Stage

If you’re a startup that’s worried about building your team today for tomorrow’s successes you’re not going to want to miss our session with Bain Capital Ventures’ Sarah Smith at technewss Early Stage on April 1 & 2. The current Bain Capital Ventures partner who i

Fintech startup ClearGlass Analytics closes $3.6M for pension funds transparency platform

Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such as pensions and the wider asset management market. The £2.6 million seed round includes European VC

Social commerce startup Elenas raises $6M and plans for international expansion

Colombian startup Elenas says it’s helping tens of thousands of women make money by selling products online. And today, it announced that it has raised $6 million in Series A funding. That’s on top of the $2 million seed round that Elenas announced last fall. Founder and CEO Zach Oschin