Why Draper Esprit doubled down on its status as a publicly listed VC
We cover a lot of venture capital news here at technewss. New funds, partner changes, the funding rounds themselves — the list is long. Lately, we’ve had to touch on rolling funds, solo GPs and a faster-than-ever investing cadence that has rewritten the rules of venture investing. Gone
Controversial crime app Citizen launches $20/month Protect service
After months of testing with upwards of 100,000 beta testers, Citizen today is launching its premium Protect offering for all users. The subscription service runs $20 a month and opens up a number of features on the app.
Chief among the new paid features is a “Get Agent” button, which offers ac
Wireless charging firm Aira raises $12M
Founded in 2017, Arizona-based Aira didn't waste any time proving out its technology. We've written about the company's wireless charging a few times over the years, including the “FreePower” technology it has baked into Nomad's charging pads, which brings a more streamlined ver
Moderne Ventures closes second fund with $200M, targets industry digital transformation
Since 2015, Constance Freedman, founder and managing partner of Moderne Ventures, and partner Liza Benson have built up a network of more than 700 executives across the real estate, finance, insurance and home services industries.
Today, their early-stage venture capital firm buttoned up an oversub
Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia
According to the World Bank, it is more expensive to send money to sub-Saharan Africa than to any region in the world. It is also the most expensive region to send money from. In Q1 2020, people spent an average of 8.9% to send money to the region, much higher than the global average of 6.8%.
There
Rapyd raises $300M on $8.75B valuation as fintech-as-a-service continues to boom
Neobanks, other financial startups and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportun
Revery gets $2M to improve mental health with mobile gaming techniques
In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life's feast.” But like his titular character, many adults aren't sleeping well. Revery wants to help with an app that combines cognitive behavioral therapy (CBT) for insomnia with mobile gaming concepts.
Founded i
Gapsquare, a pioneer of machine learning into gender pay disparity, is acquired by XpertHR
Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic, and are likely to persist in the near future, according to the International Labour Organization (ILO). The World Economic Forum estimates globally it will take 267.6 years to close the gender ga
India’s Infra.Market valued at $2.5B in Tiger Global-led $125M funding
Infra.Market, an Indian startup that is helping construction and real estate companies in the world's second-most populated nation procure materials and handle logistics for their projects, said on Tuesday it has secured its third financing round in the past nine months.
Tiger Global, which led
South Africa’s Khula closes $1.3M seed to scale its software-for-agriculture platform
The myriad challenges faced by farmers in Africa — inadequate financing, education and input distribution — persist and greatly affect the agricultural output on the continent. But startups are providing innovative solutions to these problems, and South Africa’s Khula is an exampl
Independent retailer platform Creoate raises $5M seed led by Fuel Ventures
Creoate, a startup that lets independent retailers buy sustainable products from brands and wholesalers, has raised a $5 million seed round led by Fuel Ventures, with participation from Vinted founder Justas Janauskas.
Its competitors include traditional wholesalers that have supplied independent r
Health and wellness apps maker Palta raises $100M Series B led by VNV Global
Health and wellness apps startup Palta has raised $100 million in a Series B round led by Per Brilioth at VNV Global, with the participation of Target Global and other existing and new investors. The cash will be used to generate more products, such as its existing products Flo.Health, Simple Fasti
Daily Crunch: Zoom will pay $85M to settle lawsuit over ‘Zoombombing,’ user privacy
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Hello and welcome to Daily Crunch for Monday, August 2, 2021. What a day. Square kicked off this week's news cycle with a megadeal, Google popped up with new
You can't afford to make poor decisions about incentive stock options
One of the big reasons you're giving 110% of your talent and effort to your private company is because you're hoping to eventually cash in on all those vested incentive stock options (ISOs) that have been sitting in some account, waiting for the day your company goes public.
There's not