Proving voicemail doesn’t have to be wack, the Slack-backed startup Yac raises $7.5 million

Yac, the Orlando, Florida-based startup that’s digitizing voice messages for remote offices, has raised $7.5 million in a new round of funding. The company’s service has garnered enough attention to pick up a pretty sizable new round from investors led by GGV Capital and a return inves

TikTok has until Friday to respond to Italy’s order to block users it can’t age-verify after girl’s death

TikTok has until Friday to respond to an order by Italy’s data protection agency to block users whose age it cannot verify, technewss has learned. The GPDP made an “immediate” order Friday in response to the death of a 10-year-old girl from Palermo who died of asphyxiation after

Wolt closes $530M round to continue expanding beyond restaurant delivery

Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. P

Taboola is going public via SPAC

Taboola is the latest company seeking to go public via special purpose acquisition company — more commonly known as a SPAC. To achieve this, it will merge with ION Acquisition Corp., which went public in 2020 with the aim of funding an Israeli tech acquisition (Haaretz reported last month that Ta

Google pledges grants and facilities for COVID-19 vaccine programs

Google said today it is taking several steps to help with COVID-19 vaccine distribution in the United States, including grants and opening its facilities to vaccination programs. The tech giant is among several other large corporations, including Amazon, Walmart, Starbucks and Microsoft, that have

Virtual social network IMVU raises $35M from China’s NetEase and others

The line between social networking and gaming is increasingly blurring, and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

Sano Genetics, a startup helping with Long COVID research, raises £2.5M in seed funding

Sano Genetics, a startup with a broad mission to support personalised medicine research by increasing participation in clinical trials, has raised £2.5 million in seed funding. The round is led by Episode1 Ventures, alongside Seedcamp, Cambridge Enterprise, January Ventures and several Europe and

Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

Pula, a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. The round was led by Pan-African early-stage venture capital firm, TLcom Capital, with participation from

Alma raises $59.4 million for its Klarna-like payment option

French startup Alma is raising a $59.4 million Series B funding round (€49 million). The company has been building a new payment option for expensive goods. You can choose to pay over three or four installments. This product sounds familiar if you've used Klarna in the past. But Klarna isn

Cybersecurity startup SpiderSilk raises $2.25M to help prevent data breaches

Dubai-based cybersecurity startup SpiderSilk has raised $2.25 million in a pre-Series A round, led by venture firms Global Ventures and STV. In the past two years, SpiderSilk has discovered some of the biggest data breaches: Blind, the allegedly anonymous social network that exposed private complai

Wingcopter raises $22 million to expand to the US and launch a next-generation drone

German drone technology startup Wingcopter has raised a $22 million Series A – its first significant venture capital raise after mostly bootstrapping. The company, which focuses on drone delivery, has come a long way since its founding in 2017, having developed, built and flown its Wingcopter 178

Clubhouse announces plans for creator payments and raises new funding led by Andreessen Horowitz

Buzzy live-voice chat app Clubhouse has confirmed that it has raised new funding — without revealing how much — in a Series B round led by Andreessen Horowitz through the firm’s partner Andrew Chen. The app was reported to be raising at a $1 billion valuation in a report from The Informat

SpaceX sets new record for most satellites on a single launch with latest Falcon 9 mission

SpaceX has set a new all-time record for the most satellites launched and deployed on a single mission, with its Transporter-1 flight on Sunday. The launch was the first of SpaceX’s dedicated rideshare missions, in which it splits up the payload capacity of its rocket among multiple customers

How emerging markets are approaching crypto

From Brazil to Nigeria, people turn to Bitcoin for different reasons than most of their speculating counterparts in North America. Namely, because it's the most advantageous way for them to conduct international transactions.  Such is the case with a 28-year-old poker player in Brazil who simp