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Class, a virtual classroom that integrates exclusively with Zoom, announced today that it has raised $105 million in a financing led by SoftBank Vision Fund II. The 10-month-old startup has now raised a total of $146 million in known venture funding to date, which eclipses the amount of capital rai

Pharmacies in Africa struggle with access to finance, but inventory management is really what bogs them down. How do pharmaceutical retailers know how much stock they need? How do they know which products to stock at a given time? How do they know what products aren’t selling? At the moment,

The tyranny of the Excel spreadsheet continues, especially in rostering staff. Nowhere is this more acutely felt in today's COVID-pressured hospital wards, which are now depleted not just by the disease but by staff burnout from patchy over- or underscheduling of staff hours. Two doctors realiz

Pipo Saude, a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding. Joshua Kushner's Thrive Capital led the round, marking the first time the New York-based venture firm has led an investment

Gupshup, a business messaging platform that began its journey in India 15 years ago, surprised many when it raised $100 million in April this year, roughly 10 years after its last financing round, and attained the coveted unicorn status. Now just three months later, the San Francisco-headquartered

Alex Lim, a British-born VC based in the Bay Area who invested in Hopin, UiPath, Discord, and many other unicorns has decided to up stakes and leave Sand Hill Road behind for Blossom Capital in London. Blossom is fast making a name for itself both in Europe and internationally, having invested in b

An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status. Gurgaon-headquartered Droom said on Wednesday it is raising up to $200 million in what it described as a pre-IPO growth funding round. The new investment, part of which has been secured,

There are over 1 billion mobile money accounts globally. Africa leads the way in transaction value and volume thanks to M-Pesa, largely used in East Africa. Other regions across the continent are also growing fast. In 2019, West Africa reported the most live mobile money services in any region, wit

In Bangladesh, students often rely on after-school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to make supplementary education more accessible and affordable. The company announced today it has cl

For fleet managers, managing shipping crew changes across different countries is an elaborate process even in the best of times — and now is definitely not the best of times. Greywing, a Y Combinator-backed platform for automating maritime operations, launched a new solution today that it describ

You may well recognize Cassie as the basis of Agility Robotics' delivery bot, Digit. If you've been following the tech's progression at all, however, you no doubt know that it started life as the ostrich-inspired Cassie. The robot is all legs and not much else. In addition to fueling Ag

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 27, 2021. Today is a good day not only because the U.S. women's national soccer team is heading to the Olympics qua

Another excellent quarter for Apple, as the company posted $81.4 billion in revenue. That's a 36% year-over-year jump for the company, besting Wall Street estimates of $73.3 billion by a considerable margin. “Our record June quarter operating performance included new revenue records in each o

Today after the bell amidst a deluge of major technology company earnings reports, Alphabet reported its own second-quarter performance. The search-and-services company posted revenues of $61.9 billion in the June 30, 2021 quarter, net income of $18.5 billion, and earnings per share of $27.26. Thos