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German fintech Solactive, a technology-enabled provider of indices and index solutions to the global financial services industry, has taken a $60.4 million / €50 million minority investment from growth investor Summit Partners. Widely regarded as something of a disruptor in the global indexing in

U.K.-based Orbex has raised a new $24 million funding round, led by BGF and Octopus Ventures, and including participation from existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor S.A. This new investment helps “secure the road map” that Orbex was already working to

Productivity software has been getting a major re-examination this year, and human resources platforms — used for hiring, firing, paying and managing employees — have been no exception. Today, one of the startups that’s built what it believes is the next generation of how HR shoul

Two months ago, Kubernetes observability platform Pixie Labs launched into general availability and announced a $9.15 million Series A funding round led by Benchmark, with participation from GV. Today, the company is announcing its acquisition by New Relic, the publicly traded monitoring and observ

This morning Candu, a software startup that provides no-code web tools for SaaS apps, announced a $5 million funding round. technewss caught up with founder Jonathan Anderson and lead investor Villi Iltchev, a partner at Two Sigma Ventures, to chat about the deal. First thing: This

The worldwide shift to virtual workplaces has been a blessing and a curse to people with hearing impairments. Having office chatter occur in text rather than speech is more accessible, but virtual meetings are no easier to follow than in-person ones — which is why real-time captioning startup Ava

Papercup, the U.K.-based AI startup that has developed speech technology that translates people's voices into other languages and is already being used in the video and television industry, has raised £8 million in funding. The round was led by LocalGlobe and Sands Capital Ventures, alongside

Another batch of complaints has been filed with European Union data protection agencies urging enforcement action against the adtech industry's abuse of internet users' information to target ads. The complaints argue that behavioural ads are both harmful and unlawful. Earlie

France’s data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. Google has been hit with a total of €100 million ($120 million) for dropping cookies on Google.fr and Amazon €35 million (~$42 million) for doing so on the Am

The rise of U.S.-China tensions has accelerated the bifurcation of global technology, with the two superpowers each working on their own tech systems. While the rift might be discouraging cross-border investment and business expansion between the rivals, the countries that are in-between — li

A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round.

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants. CHAI wants to fix this with an API that

LabCorp has now become the first company to receive approval to sell its COVID-19 test kit over-the-counter without a prescription, according to a statement from the company. One of the largest diagnostics testing companies in the U.S., LabCorp could be a significant competitor to companies like Ev

The WSJ is reporting that Airbnb is expected to price its IPO at either $67 or $68 per share. The American hospitality unicorn raised its IPO price target earlier this week, from $44 to $50 to $56 to $60. While we’re still waiting for official pricing, Airbnb is worth $41 billion at its IPO p