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U.K. tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the “G” is for “green”) based out of Bratislava, Slovakia, the program will look to invest i

It was curious enough that OLIO, a U.K. startup with an app that lets users post a photo of unwanted food and share it with the local neighborhood, picked up $6 million in Series A funding back in 2018. Many outside observers wondered what was going on with this simple app, which looked on first in

Along with a cadre of other technewss folks, I spent this week extremely focused on one event: Y Combinator. The elite accelerator announced a staggering 377 startups as its Summer 2021 cohort. We covered every single on-the-record startup that presented and plucked out some favorites: Here are a

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 September 3, 2021. As noted yesterday, most of technewss has the day off so today's newsletter is a little bit differen

Kalepa, an insurance underwriting platform based out of New York, has raised a $14 million Series A funding round led by Inspired Capital, with participation from previous investor IA Ventures. Also participating was Gokul Rajaram of DoorDash, Coinbase, and formerly of Google; Jackie Reses, formerl

Back in July, YASA (formerly Yokeless And Segmented Armature), a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz. The acquisition didn't exactly garner enormous press attention, as scant other details were announced. But YASA is

TechnologyOne, an Australian SaaS enterprise, has agreed to acquire U.K.-based higher education software provider Scientia for £12 million/$16.6 million in cash. TechnologyOne claims to have 75% of higher education institutions in Australia using its software, while Scientia claims 50% market shar

Firefly launched its first rocket from Vandenberg Space Force Base in California, and on board it carried a number of payloads with an intended destination of low-Earth orbit. The rocket took off as planned, and seemed to be doing fairly well during the initial portion of the launch, before experie

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 Thursday, September 2, 2021. technewss is largely off tomorrow thanks to a pan-Yahoo corporate reprieve. But don't worr

Local TV streaming service Locast has closed up shop, at least for the time being. It suspended operations following a ruling on Tuesday that it couldn’t use its non-profit status as a legal shield. Networks have claimed that Locast violated their copyright. “We are suspending operation

Add the Roadster to the list of delayed Tesla vehicles. On Wednesday, CEO Elon Musk said the performance EV wouldn't make its previously announced 2022 shipment date. “2021 has been the year of super crazy supply chain shortages, so it wouldn't matter if we had 17 new products, as none wo

From beaming actors into the class room to plucking things out of space, the second day of Y Combinator's S21 Demo Day was a fresh snapshot of what nearly 200 startup teams believe is the future of innovation. Yesterday, the technewss team covered the first half of this batch, as well as the

Welcome back to technewss's continuing coverage of Y Combinator's Summer 2021 Demo Day! This is Day Two. If you haven't caught up yet on what happened during the first day, you can read our recap of all the presenting companies here, our favorites from that first set here, and a quick

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 September 1, 2021. It's a big day in technewss history in that we've been shuffled to a new parent company. More on