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While Madrid and Barcelona tend to attract the buzz when it comes to tech startups in Spain, Valencia is slowly and surely making a name for itself as a growing tech ecosystem. The country’s third-largest city, Valencia features great beaches, sunny weather all year, and affordable housing an

Heaven knows what will happen to the mental health of children who've gone through this past year but if there's one thing we need right now it’s mental health provision for young people that can scale. And as much as some of us can't bear the thought of another video call, a UK s

French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Today's funding round values the startup — which says it now has 5 million customers globally — at $3.2 billion, the c

"attachment_2152786" aria-describedby="" style="width: 1024px">BukuKas co-founders Krishnan Menon (left) and Lorenzo Peracchione (right) with a BukuKas user. Image Credits: BukuKas BukuKas, a startup focused on digitizing Indonesia's small businesses, has raised $50 million in Series B funding.

Transport for London and London Councils have announced Dott, Lime and Tier Mobility as the winners of its prized e-scooter pilot, confirming last month's suspicions based on job postings by the companies.  Last year, the government legalized e-scooter rental trials by local authorities, alth

Canoo, the Los Angeles-based electric vehicle startup that debuted on the Nasdaq public exchange earlier this year, is being investigated by the U.S. Securities and Exchange Commission, just months after its merger with special purpose acquisition company Hennessy Capital Acquisition Corp. The inve

Per a recent report by Bain & Co., e-commerce is expected to grow to $28.5 billion in MENA by 2022 from a 2019 value of $8.3 billion. Egypt, one of the most active e-commerce countries in the region, is anticipated to grow 33% annually to reach $3 billion by 2022. But for any e-commerce busines

Digital health in the U.S. got a huge boost from COVID-19 as more people started consulting physicians and urgent care providers remotely in the midst of lockdowns. So much so that McKinsey estimates that up to $250 billion of the current healthcare expenditure in the U.S. has the potential to be s

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. Welcome to Daily Crunch for Monday, May 17. We have a lot to get to, so we'll keep our introduction incredibly curt and simply note that early-stage founders

Does it really take an average of seven to eight years for a successful startup to exit? What can early-stage founders do to accelerate outcomes? We wanted to know if founding teams can execute faster with a higher degree of success if they're able to take advantage of relevant executive expert

Move over, Xbox and PlayStation. A new foe has appeared in the world of online multiplayer gaming! It’s the… uh, Game Boy. As in that unbreakable, gray, 4.19Mhz tank from 1989. While the Game Boy has had a handful of locally multiplayer games since the beginning, using it meant physical

Amount, a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion. WestCap, a growth equity firm founded by ex-Airbnb and Blackstone CFO Laurence Tosi, led the round. Hanaco Ventures, Goldman Sac

Germany electric aviation startup Volocopter revealed Monday a new electric vertical take-off and landing aircraft targeting the suburban-to-city commuter. The four-seater VoloConnect is designed to have a range of 62 miles, making it well-suited for trips between the suburbs and the city, the comp

Bright Machines is going public via a SPAC-led combination, it announced this morning. The transaction will see the 3-year-old company merge with SCVX, raising gross cash proceeds of $435 million in the process. After the transaction is consummated, the startup will sport an anticipated equity valu