Startups

Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in funding. The round is a mixture of debt and venture debt, although the company is declining to disclose

Google said on Tuesday it is investing in two Indian startups, Glance and DailyHunt, as the Android-maker makes a further push into the world’s second-largest internet market. Two-year-old Indian startup Glance, which serves news, media content and games on the lock screen of more than 100 mi

Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym, which is exactly why Peloton making this purchas

The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups. Spacefund research conducted earlier this year found that there is almost no correlation bet

Editor’s note: In a wide-ranging essay written in 2017, Jennifer Brandel, Mara Zepeda, Astrid Scholz and Aniyia Williams coined the term 'zebra' to define an all-inclusive movement whose focus is on startups building businesses that approach issues from a social impact lens and

Fintech startups have been massively successful over the past few years. The biggest consumer startups managed to attract millions — sometimes even tens of millions — of users and have raised some of the biggest funding rounds in late-stage venture capital. That's why they've also reach

Bolt, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to its Series C round, bringing the financing to a total of $125 million. WestCap and General Atlantic led the new tranche, which Bolt CEO Ryan Breslow told technewss was raise

NextMind debuted its Dev Kit hardware at CES last year, but the hardware is now actually shipping, and the startup shared with me the production version to take a test drive. The NextMind controller is a sensor that reads electrical signals from your brain’s visual cortex, and translates thos

Lockheed Martin (LM), the U.S.'s largest defence contractor, will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of inc

SoftBank Investment Advisers may file as early as Monday to raise between $500 million and $600 million through an initial public offering of its first special purpose acquisition vehicle, reports Axios. SoftBank Investment Advisers manages the two Vision Funds and may continue leaning into SPACs,

I often begin calls with founders by asking why they're willing to bet their livelihoods on an idea that will most likely fail. It's a small hack that lets me see how vulnerable a founder is, and how much conviction they have behind their ideas. Sometimes, if they answer, it's the lede

While there’s been plenty of recent debate around the gig economy, Jarah Euston argued that it’s time to rethink a bigger part of the workforce — hourly workers. Euston, who was previously an executive at mobile advertising startup Flurry and a co-founder at data operations startup Ne

Today Bumble, a popular dating-focused startup, was reported by Bloomberg to have filed IPO documents, albeit privately. The news that Bumble is pursuing an IPO is not a surprise. technewss covered the story in September, noting the huge revenues that its rival Tinder has managed to accrete, possi

Mobile travel app Hopper has been hit hard by the COVID-19 pandemic as consumers canceled their trips and airlines dropped their flights. But the complications around getting airline credits and refunds have since turned into a customer service crisis for the airfare prediction and ticket booking s