India’s IT and Broadcasting ministers resign

India's IT minister Ravi Shankar Prasad and Information and Broadcasting minister Prakash Javadekar resigned from their roles on Wednesday, adding to the list of high-profile local politicians who have vacated their positions ahead of India Prime Minister Narendra Modi reshuffling his cabinet.

Real estate platform Casafari raises $15M to allow PE to buy single-family homes at scale

Casafari, a real estate data platform in Europe based out of Lisbon, Portugal, has raised a $15 million Series A funding round led by Prudence Holdings in New York. But, crucially, it has also secured a $120 million “mandate” from Geneva-based private equity investors Stoneweg, among other

Daily Crunch: Nothing sets July 27 rollout for noise-canceling Ear (1) earbuds

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 6, 2021. We're back after a holiday here in the United States. Not that that stopped global technology news, mind,

Announcing the startups pitching at TC Early Stage

This Thursday and Friday, technewss will host Early Stage – a virtual bootcamp for early stage founders. After the success of the spring event, on Friday, TC will feature 10 phenomenal early-stage startups on the virtual stage. Hailing form around the States and the globe, founders will pitc

Single.Earth to link carbon credits to crypto token market, raises $7.9M from EQT Ventures

Here's the theory: Instead of linking carbon and biodiversity credits to the sale of raw materials such as forests, which cause CO2, what if you linked them to crypto tokens, and thus kept these CO2-producing materials in the ground? That's the theory behind Single.Earth, which has now rais

Pittsburgh Mayor Bill Peduto speaks on Duolingo’s IPO and luring venture capital to the Steel City

Pittsburgh is known as the Steel City, but these days, the city is turning to startups rather than steel. Mayor Bill Peduto led this charge since taking office in 2014. He recently spoke at technewss’s City Spotlight: Pittsburgh event, where he outlined the opportunity and challenges for ent

Satellite imagery startup Satellogic to go public via SPAC valuing the company at $850M

The space SPAC frenzy might have died down, but it isn’t over: Earth observation startup Satellogic is the latest to go public via a merger with CF Acquisition Corp. V, a special purpose acquisition company set up by Cantor Fitzgerald. Satellogic already has 17 satellites in orbit, and aims t

FabricNano raises $12.5M to help scale its cell-free fossil fuel alternative technology

It's not often that you hear DNA described as a wafer – but that's the analogy that Grant Aarons, the founder of FabricNano, a cell-free biomanufacturing company uses to describe his company's major product. That DNA, the company hopes, will make a dent in a growing global petrochemic

White label fintech platform Toqio secures $9.4M Seed led by Seaya and Speedinvest

The upside of the Open Banking regulations which have swept jurisdictions like the UK and the EU is that many more challenger banks have appeared. The headache for either incumbent banks or for upstart startups is the very proliferation of these new banks and financial tech products. But as we know

Tom Blomfield takes first board post at Generation Home, after leaving Monzo and Angel investing

Following on from mid-June when first-time buyer mortgage lending startup Generation Home raised a $30.4m Series A round and a £300m loan facility from NatWest, it's now adding to its board. Although known for becoming an Angel investor since leaving Monzo, the challenger bank startup he co-fo

Hear top VCs Albert Wegner, Jenny Rooke, and Shilpi Kumar talk green bets at the Extreme Tech Challenge finals

This year, technewss is proudly hosting the Extreme Tech Challenge Global Finals on July 22. The event is among the world’s largest purpose-driven startup competitions that are aiming to solve global challenges based on the United Nations’ 17 sustainability goals. If you want to catch

Obviously AI, a no code startup for data analysts, increases its seed round to $4.7M

"attachment_2173530" aria-describedby="" style="width: 1912px">Obviously AI founders Nirman Dave and Tapojit Debnath Nirman Dave's two startups are very different, but both have a DIY spirit. The first, called CircuiTricks and founded during his gap year after high school, created kits to teach

Welcome to hot due diligence summer 

Wow, that headline worked? A recent board fight at a digital health unicorn is a reminder to entrepreneurs that it's important to set boundaries, even amid the dizzying volume and velocity of this summer's deal frenzy. This week I published a scoop about how Bessemer Venture

Daily Crunch: In one of India’s largest exits, Swedish media giant MTG buys PlaySimple for $360M

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 2. We are heading into a holiday weekend here in the United States, so you might imagine that tech news slowed down. It