Venture

Quinio, an e-commerce aggregator that acquires, operates and builds consumer packaged e-commerce brands across Latin America, secured a $40 million boost in both equity and debt. It's an interesting time for e-commerce aggregators. Over the past year, the market went from hot, hot, hot to cool,

As ButcherBox's former head of logistics, Juan Meisel knows how to get perishable items from A to Z, and now he wants to do the same for Grip, a perishable shipping company he is bringing out of stealth mode with $2 million pre-seed funding. Dubbed a “smart logistics engine,” Grip's tec

Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its physical tutor chain unit Aakash, which it acquired last year, a source familiar with the matter told technewss. The Bengaluru-headquartered firm is looking to raise $800 million

Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told technewss in an interview. I

The Australian and New Zealand startup community will see a boost in funding this year. Blackbird, a VC fund based in the two south Pacific countries, on Wednesday closed a fund at over AUD $1 billion (about USD $640 million), which the firm says is Australia’s largest fund to date. This is B

It’s hard to imagine committing to invest $500 million in someone’s vision for a company only to watch that individual almost immediately try to distance himself from it. But Changpeng “CZ” Zhao told an audience tonight at Web Summit in Lisbon that he wasn’t bothered w

Made.com, a U.K.-based e-commerce company that sells furniture and related home accessories across seven European markets, is bracing for insolvency as it confirmed plans to appoint administrators after failing to find a buyer. Founded in 2010, Made.com emerged as something of a darling in the U.K.

On first blush, founders building a coffee brand, a social networking app and a fintech-focused venture fund wouldn’t appear to have much in common. But at technewss Disrupt, the founders, together on stage, credited their early success in raising venture capital to their use of social media

Fundraising isn't a monolithic event but rather a series of meetings and pleasantries, each with their own vibe and nuance. Yet many pieces of fundraising advice to founders paint the process with a broad brush. We heard from three founders at technewss Disrupt last week: Amanda DoAmaral, co-f

If you’ve been closely following the progress of Open AI, the company run by Sam Altman whose neural nets can now write original text and create original pictures with astonishing ease and speed, you might just skip this piece. If, on the other hand, you’ve only been vaguely paying atte

Digital payments are gaining momentum in Latin America, and startups like Mexico-based mattilda are putting their spin on streamlining financial and administrative processes for private schools while also offering credit backed by future school fees. The company was founded in 2022 by José Agote,

Redstone and EnjoyVenture have combined forces to create Human Impact Capital (HIC), Germany's first dedicated scial impact VC fund. The fund will deploy cash into digital business models focusing on health, education and “living,” and explicitly invests to have an impact along sust

2050 is an important year for climate tech, with the Paris Agreement calling for emissions to reach net zero by then. In a conversation with GenZero's Frederick Teo for SOSV's Climate Tech Summit, we talked about realistic paths to hitting that goal and how startups can tackle what Teo call

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. Wednesday, and we're excited to bring you another round of our esteemed Daily Crunch newsletter. There's a wide variety of morsels, nuggets, and other bit