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With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target. Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some f

It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. It has now gone on to raise $44.1 million. In a similar vein, Shift Technology in France has raised $100 million. Now a U.K. startup aims to do something similar, but

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at W

Flextock, one of the 10 African startups from the recent Y Combinator winter batch, has bagged an impressive pre-seed round just two months after graduation.  The five-month-old company, which helps consumers and businesses manage e-commerce and fulfillment operations —  from warehousing an

More money for the edtech boom: Munich-based StudySmarter, which makes digital tools to help learners of all ages swot up — styling itself as a “lifelong learning platform” — has closed a $15 mlion Series A. The round is led by sector-focused VC fund Owl Ventures. New York-b

Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number drops to a measly 1.12%. Unlike other parts of the world, most African insurance providers neglect the

Many publishers are focused on converting visitors to subscribers, but there's another important bracket: people who want to view a premium article or video, but not enough to sign up for a subscription. Fewcents, a Singapore-based fintech startup that enables publishers to take “micropayment

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. Are startup valuations about to fall? Hello, friends! Alex here to talk to you for a hot second about money. Then we'll get into startups, venture capital, wh

Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to Bill.com for a price that could top $2 billion. For the fintech sector, it’s big news. Corporate spend start

It’s only been three years since they hit the streets and Revel’s blue electric mopeds have already become a common sight in New York, San Francisco and a growing number of U.S. cities. However, Revel founder and CEO Frank Reig has set his sights far beyond building a shared moped servi

Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street, had expected. Shares of the Uber competitor rose as much as 4.5% in after-hours trading following the disclosure of its fi

SpaceX has launched 60 more of its Starlink internet broadband satellites — on “Star Wars Day,” no less, and only five days after it launched the last batch. The company has now delivered 420 Starlink satellites since the beginning of March, a sum that the SpaceX CEO and founder must

Facebook unceremoniously confiscated Trump's biggest social media megaphone months ago, but the former president might be poised to snatch it back. Facebook's Oversight Board, an external Supreme Court-like policy decision making group, will either restore Trump's Facebook privileges or

YouTube today gave advertisers a sneak peek at its plans to make its video platform more shoppable. The company will soon be introducing a new interactive feature aimed at advertisers, called brand extensions, which will allow YouTube viewers to learn more about a product they see on the screen wit