Venture

Verkada, a six-year-old, maker of building security tools — it sells video security cameras, door-based access control, environmental sensors and alarms, all connected on a cloud-based platform — just raised $205 million in Series D funding at what it says is a $3.2 billion valuation. A

The global cultured meat market is poised to reach half a billion dollars by 2030; however, this kind of technology is still very much in the R&D phase for a lot of companies that have emerged over the past five years. Cultured meat, also known as cultivated meat, is animal meat, but instead of

When DolarApp founders Zach Garman, Álvaro Correa and Fernando Terrés were living in the United States and Europe, they would spend time in Latin America, where they saw problems that friends were having when it came to finances and access to banking in dollars. DolarApp’s platform showing

Power, a fintech infrastructure startup, is now kicking off its full-stack credit card issuance platform after a year in stealth mode and with $16.1 million in seed funding and $300 million in a credit facility. The New York–based company's seed round was led by Anthemis and Fin Capital and i

In downtown Seattle, offices are only 42% as full as they were before the pandemic, according to data cited late last month by The Seattle Times. It’s a problem, suggests Matt McIlwain, who has been a managing director at the early-stage venture firm Madrona Venture Group in Seattle for 22 of

It always feels good to get paid, so it's no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time, has exploded in popularity. The pandemic certainly played a big role in helping people understand the benefits of being able t

Maria Salamanca, one of the few Latina investors at a partner level within the often homogenous world of venture capital, is shaking things up. The investor tells technewss that she is leaving Unshackled Ventures, a pre-seed venture firm that bets on immigrant founders, after seven years to become

technewss understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However, after 12 years in the U.S., the normally Palo Alto-based VC did admit that it is now relocating its HQ to L

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. Happy new week, startup nerds! Tomorrow (Tuesday), we have not one, but two Twitter Live events happening, and we're excited about both of 

The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner times — where all fundraising and tech bets are tightening up — we’re still seeing s

Imagine yourself working at Apple. It's April 2022. You're being told by the higher-ups that you've got to come back to the office — by which I mean you've read a Slack message on your laptop. You continue your workday, pissed that your bosses don't seem to understand that you

The first half of 2022 broke fundraising records at VC firms, but at the same time, pretty much everyone we spoke to expected fundraising to slow to a trickle by the end of the year. And while it is slowing down, fundraising is also getting really weird. By weird, I mean largely unpredictable. Acco

Investor Chris Olsen knows the West Coast VC scene. He spent six years with Sequoia Capital in California before co-founding Drive Capital in Columbus, Ohio, in 2013 based on the theory that the “most compelling emerging market is America, just outside of Silicon Valley,” as he told us

For this week’s City Spotlight: Minneapolis, I had the honor of interviewing Mary Grove, managing partner of Bread & Butter Ventures, and Justin Kaufenberg, managing director of Rally Ventures, about their investment strategies. Both are based in Minneapolis, and they are using the city a