Micromobility software provider Joyride raises $3.7 million seed round

Joyride, a Toronto-based company that provides white label apps, back-end analytics and multimodal fleet management for shared micromobility startups, has raised $3.7 million — seed money that it says will help it reach a greater number of small, local operators.  The company, which operates in

These Forge co-founders just raised $5 million to work on a new, still-stealth investing startup

Sohail Prasad and Samvit Ramadurgam are co-founders who met during Y Combinator’s 2012 summer batch and went on to co-found Forge, which helps accredited investors and institutions buy and sell private company shares and which most recently raised $150 million in new funding in May. Forge 

Holy Grail raises $2.7M seed fund to create modular carbon capture devices

The founders of Holy Grail, a two-year-old startup based in Mountain View, California, are taking a micro approach to solving the outsized problem of capturing carbon. The startup is prototyping a direct air carbon capture device that is modular and small — a departure from the dozens of projects

Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips

Usually, a teacher who grades students on a curve is boosting the efforts of those who didn't perform well on the test. In the case of cloud companies, however, it's the other way around. As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook

Daily Crunch: Transmit Security’s $543M Series A is one for the record books

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 June 22, 2021. We have startup product news, funding rounds and a roster of Big Tech updates for you today. But before we ge

Investor Marlon Nichols and Wonderschool's Chris Bennett on getting to the point with a pitch deck

Before our conversation on Extra Crunch Live, Marlon Nichols dropped a bomb on me. The MaC Venture Capital founding managing partner hadn't actually seen Wonderschool's original pitch deck before investing in the remote education startup. Our conversation with the company's CEO, Chris B

Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation

Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 billion. The new funding was led by Alkeon Capital, an American investment firm, and included participation fro

Inside GM’s startup incubator strategy

GM has launched a series of new subsidiaries in the past year tackling electrification, connectivity and even insurance — all part of the automaker’s aim to find value (and profits) beyond its traditional business of making, selling and financing vehicles. These startups, including numerous

Facebook adds Shops to WhatsApp, among other e-commerce updates

Facebook is making it even easier to buy stuff while you scroll past photos of your high school lab partner’s dog. Yes, Instagram Shops and Facebook Marketplace are already displayed prominently on the apps’ bottom navigation tabs. But now, you can shop on WhatsApp too, along with other

How Amazon-owned Zoox designed its self-driving vehicles to prevent crashes

The hubbub surrounding the autonomous vehicle industry often focuses on venture capital rounds, speculation about IPOs and acquisitions. But the industry’s future also hinges on the high-stakes task of proving the technology can operate safer than human drivers do today and gaining the public

Addressing the cybersecurity skills gap through neurodiversity

Addressing the skills gap and strengthening your own security team means bringing in different minds and perspectives — and that starts with embracing neurodiversity. To even have a chance at closing the cybersecurity skills gap, we need people with a variety of different abilities and thought pr

Apple is opening a store in downtown LA's nearly 100-year-old Tower Theatre

This Thursday, Apple will mark the opening of a new store in downtown Los Angeles. The space occupies the newly renovated Tower Theatre, which opened in DTLA's Broadway Theater District in 1927. Among other milestones, the 900-seat theater was the first in LA to be wired for the talkies, hostin

A newly tech-skeptical FTC will reportedly review Amazon’s acquisition of MGM

Amazon’s purchase of MGM must pass the scrutiny of the FTC, newly chaired by prominent Amazon critic Lina Khan, The Wall Street Journal has reported. While the $8.45 million merger is not likely to be stopped, it may provide early indicators of how the agency is revising its approach to mega-

Why Amazon should pay attention to Shein

Amazon commands a vast, dominating empire in the world of e-commerce. While its marketplace has proved a boon for businesses trying to get off the ground, many of the more successful companies are now looking beyond the e-commerce giant’s fences, spurred by a desire to compete on their own te