European Investment Fund puts $30M in Fabric Ventures’ new $130M digital assets fund

Despite their rich engineering talent, blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today as the European Investment Fund makes a significant investment into a bloc

Coralogix logs $55M for its new take on production analytics, now valued at $300M-$400M

Data may be the new oil, but it’s only valuable if you make good use of it. Today, a startup that has built a new kind of production analytics platform for developers, security engineers, and data scientists to track and better understand how data is moving around their networks is announcing

Connected car insurance startup Flock raises $17M Series A led by Chamath Palihapitiya

Cast your mind back to that scene in “Minority Report” where all those autonomous cars are whizzing through the city. The more practically minded of you may well have gone: “Yeah, but what about the insurance?” Among the startups building the on-demand, connected insurance world

Unmuted founder Max van den Ingh on success beyond the metrics

There is no authoritative playbook for marketing these days. Every company must find its own voice, and as it grows and evolves, its marketing needs to evolve as well. Relying on proven tactics and measurable metrics isn’t enough — today, the most effective marketers constantly study and le

Japanese sneaker platform SODA raises $56.4M, acquires rival Monokabu

Just half a year after leading SODA's Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker reselling platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA's Series C, which currently totals $56.4 million. Other

Twitter shuttering NY, SF offices in response to new CDC guidelines

Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current condi

Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors

"1627511151.002000" tabindex="-1" role="listitem" aria-expanded="false" data-qa="virtual-list-item"> Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk through the nitty gritty of the company’s financials, CEO Mark Zuc

INKR draws in $3.1M to make more comics accessible to worldwide audiences

"attachment_2182961" aria-describedby="" style="width: 1024px">Digital comics platform INKR’s team. Image Credits: INKR INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previo

Personalized menopause platform Vira Health raises £1.5M from LocalGlobe, MMC Ventures

A new trend is emerging in the world of startups and, to many, it couldn't have come too soon. Why are there so few women in senior roles? Women going through menopause are commonly known to drop out of leadership roles, for instance. In the U.K., menopause is responsible for about 14 million l

Spotify’s clone of Clubhouse tops 140K installs on iOS, 100K on Android

Spotify’s recently launched live audio app and Clubhouse rival, Spotify Greenroom, has a long road ahead of it if it wants to take on top social audio platforms like Clubhouse, Airtime, Spoon and others, not to mention those from top social networks like Twitter and Facebook. To date, the new

Ford expects semiconductor rebound, new vehicle demand to increase 2021 profits

Despite semiconductor shortages peaking during the second quarter of 2021, Ford says it delivered better-than-expected operating results by leveraging strong demand for new vehicles, like its Bronco SUV, according to its most recent earnings report. In April, Ford had expected to lose about 50% of

Ford F-150 Lightning electric pickup reservations surpass 120,000

Ford and its F-150 pickup, the automaker’s best-selling vehicle, have consistently inspired brand loyalty from pickup truck owners. According to the J.D. Power 2020 U.S. Automotive Brand Loyalty Study, Ford has a 54.3% loyalty rate. Now as the automaker moves to electrify its fleet, it seems

Daily Crunch: $150M Series D vaults search-as-a-service provider Algolia to $2.25B valuation

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 28, 2021. What a day. Duolingo went public. Algolia raised an epic round. Crypto prices rose. And we're being treat

Dear Sophie: Should we sponsor international hires for H-1B transfers and green cards? 

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says