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Kapor Capital, the venture firm focused on funding social impact ventures and founders of color, is raising a $125 million fund, called Kapor Capital, Fund III, a source familiar with the situation told technewss. What’s notable about this fund is that it will be the first time Kapor Capital

Lithium-ion batteries power almost every new phone, laptop and electric vehicle. But unlike processors or solar panels, which have improved exponentially, lithium-ion batteries have inched along with only incremental gains. For the last decade, developers of solid state battery systems have promise

Kaleido, makers of a drag-and-drop background removal service for images and video, have been acquired by up-and-coming digital design platform Canva. While the price and terms are not disclosed, it is speculated that this young company may have fetched nearly nine figures. It’s the right pro

Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. technewss has learned and confirmed that Israel’s MyHeritage.com — a profitable site that lets people test DNA and track their family lineage and has some 62 million

The European Union has kicked off the first stage of a consultation process involving gig platforms and workers. Regional lawmakers have said they want to improve working conditions for people who provide labor via platforms which EU digital policy chief, Margrethe Vestager, accepted in a speech to

SpaceX’s grand vision for Starship, the next-generation spacecraft it’s currently in the process of developing, includes not only trips to Mars, but also regular point-to-point flights right here on Earth. These would skim the Earth’s outer atmosphere, reducing travel times for re

When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round for Epic Games — reportedly the largest ever investment in a video game company at the time — it was the first time many had heard of the investing outfit. When the brand showed up again last summer in an eve

Google Cloud today announced a new operating mode for its Kubernetes Engine (GKE) that turns over the management of much of the day-to-day operations of a container cluster to Google’s own engineers and automated tools. With Autopilot, as the new mode is called, Google manages all of the Day

"">Apple supplier Foxconn Technology Group has reached a tentative agreement with electric vehicle startup-turned-SPAC Fisker to develop and eventually manufacture an EV that will be sold in North America, Europe, China and India. Fisker and Foxconn said Wednesday that a memorandum of understanding

This morning MealMe.ai, a food search engine, announced that it has closed a $900,000 pre-seed round. Palm Drive Capital led the round, with participation from Slow Ventures and CP Ventures. technewss first became familiar with MealMe when it presented as part of the Techstars Atlanta demo day las

Employers today often use perks to attract new talent in the form of discounts and deals, commuter funds, gym memberships, child care, free lunches and more. But the pandemic has impacted what sort of in-office or other in-person perks employees can access. That’s led to booming growth —

Back when I was a wee lad with a very security-compromised MySQL installation, I used to answer every web request with multiple “SELECT *” database requests — give me all the data and I'll figure out what to do with it myself. Today in a modern, data-intensive org, “SELECT *” will kil

Aquarium, a startup from two former Cruise employees, wants to help companies refine their machine learning model data more easily and move the models into production faster. Today the company announced a $2.6 million seed led by Sequoia with participation from Y Combinator and a bunch of angel inv

We love nothing more than highlighting notable early-stage startups, and you'll find plenty of them in the spotlight on March 3 at TC Sessions: Justice 2021, a virtual conference exploring diversity, inclusion and the human labor that powers tech. You do not want to miss meeting and learning mo