Shilling Founders Fund is Portugal’s newest VC, with $35.6M to spend on early-stage startups

Shilling, an early-stage VC in Portugal, has now launched a new €30 million ($35.6 million) early-stage fund called Shilling Founders Fund, which is backed by just over 35 successful tech founders, as well as large European VC Atomico. The fund will run on a profit-sharing model, sharing fund ret

TrueLayer raises $70M for its open banking platform

TrueLayer, the London startup that offers a developer-friendly platform for companies, including other fintechs, to utilise open banking, is disclosing $70 million in new funding. The Series D round is led by new investor Addition. Existing investors, including Anthemis Group, Connect Ventures, Mou

Indian edtech giant Byju’s to expand to international markets

Byju's plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at more than $13 billion, looks to accelerate its growth, technewss has learned and confirmed. The Bangalore-based startup, which acquired 33-year-old tutor Aakash for nearly $1

Nabla is building a healthcare super app for women

Meet Nabla, a French startup launching a new app today focused on women's health. On Nabla, you'll find several services that should all contribute to helping you stay on top of your health. In short, Nabla lets you chat with practitioners, offers community content, helps you centralize all

India’s Spinny raises $65 million to expand its online platform for selling used cars

Hundreds of thousands of used cars are sold in India each month. But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process. A Gurgaon-based startup that is attempting to improve this experience said on Thursday it has raised a new financ

Norway’s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe

Food delivery startups, and specifically those focused on grocery delivery, continue to reap super-sized rounds of funding in Europe, buoyed by a year of pandemic living that has led many consumers to shift to shopping online. Today, the latest of these is coming out of Norway. Kolonial, a startup

ShareChat valued at $2.1 billion in $502 million fundraise

ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a new financing round — Series F — led by Tiger Glo

Beyond Meat opens its first production plant in China

About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources and potentially reduce the carbon footprint of its products. Situated in Jiaxing, a cit

Spotify stays quiet about launch of its voice command ‘Hey Spotify’ on mobile

In 2019, Spotify began testing a hardware device for automobile owners it lovingly dubbed “Car Thing,” which allowed Spotify Premium users to play music and podcasts using voice commands that began with “Hey, Spotify.” Last year, Spotify began developing a similar voice inte

Daily Crunch: Google I/O will return virtually next month

Google announces its I/O plans, Facebook tests an audio Q&A feature and Patreon triples its valuation. This is your Daily Crunch for April 7, 2021. The big story: Google I/O will return virtually next month Google canceled its giant developer conference last year during the pand

Twitter said to have held acquisition talks with Clubhouse on potential $4B deal

Twitter held talks with Clubhouse around a potential acquisition of the live drop-in audio networking platform, with a deal value somewhere around $4 billion, according to a report from Bloomberg. technewss has also confirmed the discussions took place from a source familiar with the conversations

Uber entices drivers back post-pandemic with $250 million stimulus

Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber's business dropped by 80%. Drivers decided they'd rather not risk contracting or spreading COVID-19 for the measly revenue provided by the few rides per

Pinterest announces $500K Creator Fund, ‘Creator Code’ content policy, moderation tools and more

Pinterest today hosted an event focused on its creator community, where the company announced a series of updates including the launch of a $500,000 Creator Fund, a new content policy called the Creator Code, as well as new moderation tools, among other things. With the changes, the company says it

The do’s and don’ts of bug bounty programs with Katie Moussouris

In the rush to launch, cybersecurity doesn’t always get the attention it deserves, and yet it’s one of the first things that startups learn can — and will — go wrong. Hacker and security researchers can be some of your biggest assets in helping your startup stay secure. Vulnerabilit