Events platform Bevy acquires Egypt’s Eventtus to scale its offering for enterprises

It's been fascinating to watch the development of Eventtus, a startup I came across many years ago in my travels in the Middle East, finding them at the Rise-Up Summit in Cairo in 2012. Then, it was two young women who'd taken the Silicon Valley startup culture to heart and created their ow

How to navigate an acquisition without alienating your current employees

Many watchers expected an uptick in merger and acquisition activity when the world began to emerge from the pandemic in 2021, but the current spike is record-breaking, topping $2.4 trillion in the first half of the year. That's more than a 150% increase over last year's M&A activity lev

Twitter is shutting down Fleets on August 3, citing low usage

Stories that disappear after a period of time are where the action is on social platforms like Snapchat, Instagram, WhatsApp and Facebook. But when it comes to Twitter, it looks the product itself is going to be going away in a matter of days. Twitter has confirmed that Fleets — its own take

Flymachine raises $21 million to build a virtual concerts platform for a post-pandemic world

As concerts and live events return to the physical world stateside, many in the tech industry have wondered whether some of the pandemic-era opportunities around virtualizing these events are lost for the time being. San Francisco-based Flymachine is aiming to seek out the holy grail of the digital

What the growing federal focus on ESG means for private markets

The increasing regulation of ESG (environmental, social, governance) disclosure reporting may have started in the public markets, but will almost certainly have downstream effects for private market actors — for founders, companies and investors. Since his confirmation as the chair of the U.S. Se

LG Chem will invest $5.2B in battery materials through 2025

South Korea's LG Chem has earmarked ?6 trillion ($5.2 billion) over the next four years to build out its battery materials business. The investment comes as automakers and state regulators set targets to transition away from internal combustion engine vehicles, in a shift that will likely be

You can see fires, but now Qwake wants firefighters to see through them

When it comes to tough environments to build new technology, firefighting has to be among the most difficult. Smoke and heat can quickly damage hardware, and interference from fires will disrupt most forms of wireless communications, rendering software all but useless. From a technology perspective

Superhuman’s Rahul Vohra explains how to optimize your startup’s products for lasting growth

Superhuman co-founder and CEO Rahul Vohra joined us last week at technewss Early Stage to provide an in-depth look at how he and his company worked to optimize and refine their product early to create a version of “growth hacking” that would not only help Superhuman attract users, but

Nooks set to seed its own in the world of virtual HQs

After operating in beta for a year, Nooks, a virtual workspace space targeting distributed teams, has attracted thousands of users and millions of dollars in venture capital. The Stanford student-led upstart has raised a $5 million seed round led by Tola Capital, with participation from Floodgate a

Massachusetts startup OPT Industries is perfecting a 3D-printed nasal swab for COVID-19 tests

In 2020 and 2021, we all became well-acquainted with nasal swabs. But small sticks we stuck up our noses, it turns out, were harder to come by than anyone could have predicted. A May 2020 survey of 118 labs in the U.S. found that 60% reported limited swab supplies — making lack of swabs the m

Cybereason raises $275M at Series F, adds Steven Mnuchin to board

Cybereason, a U.S.-Israeli late-stage cybersecurity startup that provides extended detection and response (XDR) services, has secured $275 million in Series F funding.  The investment was led by Liberty Strategic Capital, a venture capital fund recently founded by Steven Mnuchin, who served as U.

Twilio’s new tools will let anyone add live video and audio to their apps

Twilio, a company best known for its tools that help developers build text message/phone-call-powered apps, is branching out into a new category: livestreaming. This morning the company announced Twilio Live, a platform meant to help developers more easily integrate live video/audio features into t

Exhibit your startup at TC Sessions: SaaS 2021

Software as a service (SaaS) is hardly new, but this sector — pretty much the default business model for B2B and B2C startups — just keeps growing along with a rapidly expanding ecosystem. TC Sessions: SaaS 2021, a day-long focused look at the current state and future generations of SaaS, takes

Aidoc raises over $66M for AI radiology analysis technology

Aidoc, an artificial intelligence company that develops triage and analysis software, is about to double its funding. On Tuesday, the company announced a round of $66 million. Before that the company had raised about $67 million in its five-year lifetime.  Aidoc develops “decision support” sof