Startups

"attachment_2077985" aria-describedby="" style="width: 1024px">The-Wolfpack's co-founders, Toh Jin Wei, Tan Kok Chin and Simon Nichols (Image Credit: The-Wolfpack) The COVID-19 pandemic has hit the consumer, leisure and media companies hard, but a new venture firm called The-Wolfpack is still ve

The end-of-year IPO wave continues, this time with C3.ai moving closer to its own formal debut by updating its S-1 filing with third-quarter data. The new data provides the market with a much better look into how the unicorn AI company’s business has progressed during the COVID-19 era, and sh

Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The company, which was founded in 2011 and is led by CEO Dan Preston, said it has reached a merger agreement

Discord, the communications service that’s become the 21st century’s answer to MUD rooms, is close to closing a new round of financing that would value the company at up to $7 billion, according to sources with knowledge of the round. The new funding comes just months after a $100 milli

Dija, a new U.K.-based startup founded by senior former Deliveroo employees, is closing in on $20 million in funding, technewss has learned. According to multiple sources, the round, which has yet to close, is being led by Blossom Capital, the early-stage venture capital firm founded by ex-Index a

Data platform Splunk continues to make acquisitions as it works to build out its recently launched observability platform. After acquiring Plumbr and Rigor last month, the company today announced that it has acquired Flowmill, a Palo Alto-based network observability startup. Flowmill focuses on hel

Last week, Udemy, an online learning marketplace, raised $50 million at a $3.32 billion valuation, up from a $2 billion valuation earlier this year. Language learning app Duolingo raised $35 million on a $2.4 billion valuation, up from a $1.65 valuation from earlier this year. The valuation bumps f

Building tech startups takes cash — and lots of it. But when you're talking space startups, you're talking galactic-level money. Costs blast right through Earth's exosphere and become, literally, astronomical. If space is your jam, you're going to need financial help, and you'

With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups, and HMBradley is quickly taking its place among the leaders with a nov

U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over $180 million in total funding to date, and gives the company a

Supply chains used to be one of those magical elements of capitalism that seemed to be designed by Apple: they just worked. Minus the occasional salmonella outbreak in your vegetable aisle, we could go about our daily consumer lives never really questioning how our fast-fashion clothes, tech gadget

The Netherlands' ecosystem has been flourishing; more than $85 million was invested in regional startups in 2019 alone. The nation’s proximity to the U.K., Belgium, France and Germany makes Amsterdam a natural gateway to those markets. Long ago the savvy Dutch realized this, and built up

The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc.’s venture capital fund CapitalG. The news came fresh off a Wall Street Journal

Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Bangalore-based startup's Series B was led by London-headquartered private equity firm Apis Partne