Venture

It’s a rote story by now that many populations around the world are facing rapid decline. Birth rates in many countries are falling, leading to concerns about graying populations engendering imbalanced economies. That’s true when we consider nation-level populations. It’s also tr

In recent years, assets under management at the investment firm Tiger Global have exploded. Now the firm is taking stock and winnowing down its operations, per a new investor letter first seen by Axios and obtained subsequently by technewss. Most significantly, whether for lack of other options or

Amazon announced yesterday the launch of Amazon Catalytic Capital, a $150 million commitment focused on investing in underrepresented builders in tech. The initiative, according to a release, will invest in funds that back pre-seed and seed-stage startups built by Black, Latino, Indigenous, women a

If you're a budding home chef eager to try your hand at sous vide cooking, Typhur Technology wants to be your new best friend. The San Jose-based culinary innovation company has been quietly working on its first product, the Sous Vide Station, which is poised to debut at CES 2023 and will be ma

With all the plastic and paper covering the things we buy, more and more consumers are seeking out companies that operate more sustainably. EcoCart has built an infrastructure for e-commerce companies and works with them to make that shopping experience more transparent and sustainable. Here's

It’s one year into Google’s five-year, $1 billion plan to boost digital services across Africa, and on the heels of its latest investment — announcing South Africa as its first cloud region on the continent — the internet services giant also gave an update to lay out how it

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. Good to have you with us again, as the technewss train continues to rumble along the tracks. It's gonna be a fun and busy week, so let's dive straight in

“Growth at all costs” was fuel to 2021’s funding fire as venture capitalists poured money into startups spending oodles of cash on everything from overhiring to inefficient customer acquisition. But amid this year’s downturn, venture capitalists decided — to say, at least — that

It’s obvious that periods of enormous growth won't continue forever, but it's still somewhat startling when they end. Edtech hasn't been immune to the ongoing downturn, but at least the turn came at the end of a period that saw robust investment activity. Indeed, it's very eas

Ridgeline is a new VC firm that invests in B2B companies with a specific goal in mind: helping its portfolio companies sell to complex organizations that are hard to crack, but can be great customers if you break into them. The Memphis, Tennessee-based firm was started in 2020 by Ben Walker, Ryan C

When Partake Foods founder and CEO Denise Woodard's daughter was a year old, she began having food allergies, and while seeking out options, she was not excited by what she saw. “I was really frustrated with what I couldn’t find for her,” Woodard told technewss. “From a brand persp

Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million fund invested in 21 startups across Egypt and the Middle East.  While Algebra Ventures predicted it would reach its first c

John Curtius, the prolific Tiger Global senior partner who has been at the center of some of the firm’s biggest deals in the last several years, is leaving the firm, technewss has learned. He will be leaving to start his own firm, which will concentrate investments from Series A to Series C.

Venture capital has been on a roller coaster this year. It came into 2022 riding the wave of the strongest year for venture deployment on record, just before the stock market plummeted and dragged venture down with it. As the third quarter comes to a close, things have started to get really interes