Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation

Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment firm whose portfolio also includes Twitter, Slack and Coinbase. Zeller’s valuation is now $4

MAJORITY raises $19 million for its mobile banking service for migrants

More than a million people migrate to the U.S. each year. Upon their arrival, they face challenges in opening a local bank account and accessing financial services at regular rates. These challenges for migrants, a significant portion of whom also need to send money home, have persisted globally fo

As venues reopen, Mixhalo announces new tech for in-person live event streaming

As venues reopen across the U.S., Mixhalo has announced a pair of additions to its in-person audio live event audio streaming platform: Mixhalo Over Cellular and Mixhalo Rodeo. The first is, more or less, what it sounds like. Rather than relying on Wi-Fi, the leverages 5G. The company says it will

A rewards program for your rent payments? Meet Bilt

Kairos, the startup studio led by Ankur Jain, is launching a new brand today called Bilt Rewards. Bilt is a rewards program that lets renters earn each time they make a rent payment. The company is funded by Kairos, which is the studio that is also responsible for brands like Rhino, Alloy, and Litt

If you love voice messaging, you’ll love Squad

Squad used to be an app that connected people with similar interests for in-person meetups. Then the coronavirus pandemic hit. While most social apps thrived under these conditions — people craved digital connection more than ever — Squad couldn't operate. Founder Isa Watson didn

Inspired by founder's childhood asthma, NuvoAir raises $12M to tackle respiratory illnesses

You might well have a sleep app that tracks your sleep. I use Sleep Cycle, and have found it has started to even tell me when I cough during the night. It turns out you can run machine learning over how you might cough in the night to detect changes in the way you cough. That data could inform peop

G2 raises $157M for its software review service

This morning G2, a company that provides an online software review and information database, announced that it has raised a $157 million Series D. Per a release the company shared with technewss in advance of its news, G2 is now worth more than $1 billion, making it a unicorn in modern parlance. P

Memory.ai, the startup behind time-tracking app Timely, raises $14M to build more AI-based productivity apps

Time is your most valuable asset — as the saying goes — and today a startup called Memory.ai, which is building AI-based productivity tools to help you with your own time management, is announcing some funding to double down on its ambitions: It wants not only to help manage your time,

ResQ raises $7.5 million to make back of the house top of mind

Entrepreneur Kuljeev Singh has had a three-course meal in the restaurant business. He was an angel investor in ChefHero, a part-time owner in an Australian-style meat pie shop and, now, is the founder of ResQ, a startup that helps restaurants repair and service their equipment through contractor wo

Last call for our Pittsburgh City Spotlight Pitch-Off

We're about a week away from technewss Spotlight: Pittsburgh, and one of the uniquely-technewss things we do at events is a pitch-off. Be it the big Disrupt Battlefield, or the flash pitch-offs that happen weekly on Extra Crunch Live, the energy around folks pitching their company — som

EU is now investigating Google’s adtech over antitrust concerns

EU antitrust authorities are finally taking a broad and deep look into Google’s adtech stack and role in the online ad market — confirming today that they’ve opened a formal investigation. Google has already been subject to three major EU antitrust enforcements over the past five

AI drug discovery platform Insilico Medicine announces $255 million in Series C funding

Insilico Medicine, an AI-based platform for drug development and discovery, announced $255 million in Series C financing on Tuesday. The massive round is reflective of a recent breakthrough for the company: proof that its AI-based platform can create a new target for a disease, develop a bespoke mo

EU puts out final guidance on data transfers to third countries

The European Data Protection Board (EDPB) published its final recommendations yesterday setting on guidance for making transfers of personal data to third countries to comply with EU data protection rules in light of last summer’s landmark CJEU ruling (aka Schrems II). The long and short of t

Transmit Security raises $543M Series A to kill off the password

Transmit Security, a Boston-based startup that’s on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding. The funding round, said to be the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped compa