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When ZeroAvia's six-seater aircraft completed an eight-minute flight from Cranfield Airfield in the U.K. last September, the company claimed a “major breakthrough” with the first-ever hydrogen fuel cell flight of a commercial-size aircraft. The modified Piper Malibu propeller plane was now

Fontinalis, the 12-year-old, Detroit-based early stage venture firm, is known for being among the very first investing outfits to focus squarely on mobility as an overarching theme. It wasn’t a surprising mandate, given that the outfit’s cofounders include Bill Ford, the great grandson

European Union lawmakers who are drawing up rules for applying artificial intelligence are considering fines of up to 4% of global annual turnover (or €20M, if greater) for a set of prohibited use-cases, according to a leaked draft of the AI regulation — reported earlier by Politico —

It's been about a year and a half since Amazon released the first Echo Buds. I reviewed them when they arrived, and they were, I don't know, fine, I guess. They were a bit on the cheap side, facing some stiff competition in the category and, honestly, the idea of wearing Alexa on my head st

Streaming media software maker Plex announced today it has raised a $50 million growth equity round from existing investor Intercap ahead of its planned business expansion into rentals, purchases and subscription content. This is the first financing Plex has taken on since 2014 and is being partly

Digital transformation has been one of the biggest catchphrases of the past year, with many an organization forced to reckon with aging IT, a lack of digital strategy, or simply the challenges of growth after being faced with newly-remote workforces, customers doing everything online and other tech

Outschool, a marketplace providing small-group, virtual after-school activities for children, has raised a $75 million Series C led by Coatue and Tiger Global Management. technewss first learned of the round from sources familiar with the transaction; the company confirmed the deal to technewss.

When Hampus Jakobsson, Heidi Lindvall and Joel Larsson, all well-known players in the European venture ecosystem, began talking about their new firm Pale Blue Dot, they began by looking at the problems with venture capital. For the three entrepreneurs and investors, whose resumes included co-foundi

Connected Cannabis Co. was founded in 2009 and has since grown to become a leading cultivator of designer cannabis strains. Today, the company announced $30 million in debt and equity financing. This comes after the company raised a $25 million Series A in 2019. The new round was led by existing in

The sheer volume of people migrating to Austin from all over the country, but particularly from the San Francisco Bay Area, has been making headlines for a while now. One result of this continued migration is a steady surge in housing prices due to increased demand and low inventory that dropped to

Offering a respite from processed foods for the richest 20% of Americans, Simple Feast has landed on U.S. shores with a mission to expand its presence on the back of $45 million in financing from investors. The European startup is looking to take a page from the shouty LIVEKINDLY Collective playboo

Slice, a startup that helps independent pizzerias build an online business, has raised another $40 million in Series D funding. The round was led by Cross Creek, with participation from KKR, GGV Capital and Primary Ventures, as well as Twitter’s former CEO Dick Costolo and former COO Adam Bai

Wire, the end-to-end encrypted messaging app and service, has raised a $21 million Series B funding round led by UVC Partners. As the company said a couple of years ago, the company is focusing on the enterprise market more than ever. While Wire started as a consumer app, it never managed to attrac

Standard Energy, a vanadium ion battery developer, announced today it has raised a $8.9 million Series C from SoftBank Ventures Asia. The South Korea-based company says its batteries' advantages over lithium ion include less risk of ignition and the ease of sourcing vanadium. The latter is an i