UpEquity, a digital mortgage startup that makes all cash offers, secures $50M in debt and equity

UpEquity, a digital mortgage company that makes cash offers on a buyer's behalf, announced today it has raised $20 million in equity funding and secured $30 in debt financing. S3 Ventures led the equity raise, which brings the startup's total funding haul since its 2019 inception to $77 mil

Stampli, the invoice management platform, launches a digital card

Stampli, a SaaS company that streamlines corporate invoice management, has announced the launch of Stampli Card. The idea here is that some corporations sign on with vendors who only accept, or prefer to accept, credit card payments. This can lead to something Stampli refers to as “shadow spe

Walgreens will deploy Wing drone deliveries in the Dallas-Fort Worth area

Alphabet today announced that Walgreens is partnering with Wing to bring drone-based deliveries to a portion of Texas's Dallas-Forth Worth region. The drugstore giant will be the first to take advantage of a new rapid drone deployment system being unveiled by the Alphabet subsidy. In the lead u

Spotify partners with Shopify to add merch to artists’ profiles

Spotify this morning announced a new partnership with e-commerce platform provider Shopify that will allow artists on its service to connect their Spotify profiles with their Shopify stores, allowing them to market their merchandise directly to fans through the Spotify app. After connecting their S

UK startup Healx to begin clinical trial on repositioned drug for Fragile X syndrome

There are currently no approved cures for Fragile X syndrome — the most common cause of inherited intellectual disability. At the moment, the treatments are designed to manage symptoms, from anxiety to OCD or, in rare cases, seizures. But a new clinical trial is soon to be underway at a U.K.

Hex snags $16M Series A to keep building collaborative data workspace

Data is everywhere inside organizations, and employees are increasingly trying to find ways to put it to work to improve business outcomes. Hex, a startup that wants to simplify how data scientists and other employees gather and share data, announced a $16 million Series A today. The round comes ju

Element Finance raises $32 million for its DeFi fixed rate protocol

Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It lets you earn predictable returns on investments thanks to fixed rates over a predetermined period of

Modern Age is on a mission to put people in the driver's seat of their aging journey

Aging is inevitable, but Modern Age wants to help you do it in a way that is healthier. Melissa Eamer, former vice president at Amazon and COO at Glossier, is behind the company, which is announcing $27 million in Series A funding led by Oak HC/FT. Longevity has a personal component

Stripe acquires Recko, its first acquisition in India, to add reconciliation to its payment services stack

Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The company is acquiring Recko, which has built a platform that lets businesses track and automate payments reconcilia

Embrace grabs a new funding round amid unveiling of new mobile data intelligence software

Many companies collect data from all of their users, but they don't know what is good or bad data until it is collected and analyzed. Now in this increasingly mobile-first world, we use our phones for everything from apps to ordering to food to connecting with our cars. Though these same compan

Netflix says 142 million households watched Korean series ‘Squid Game’

According to Bloomberg, Netflix’s pre-recorded call to shareholders announcing its third-quarter results gives us another glimpse at how successful Squid Game was. Around 142 million households worldwide watched the Korean-language show about debt-ridden individuals playing a deadly game for

Deci snaps up $21M for tech to build better AI models based on available data and compute power

Building usable models to run AI algorithms requires not just adequate data to train systems, but also the right hardware subsequently to run them. But because the theoretical and practical are often not the same thing, there is often a gap between what data scientists may hope to do and what they

Facebook fined $70M for flouting Giphy order made by UK watchdog

Facebook — or whatever name the tech giant picks for a reportedly looming rebrand of its data-mining empire as it seeks to teleport its business into the metaverse to escape the unending cavalcade of toxic publicity its execs generate — has a new “bad behavior” badge to spor

Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software

Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six months after the Brazilian startup raised $15 million in Series B financing led by Alexandria, Virginia-based QED, and brin