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Swedish fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend toward the “embedded finance”

Sometimes the simpler idea is the winner. That's certainly the case with the winner of the Xprize Carbon Removal competition, which was announced on Wednesday. Mati Carbon walked away with the $50 million grand prize for its enhanced rock weathering program that locks carbon in soils for thous

StrictlyVC is turning up the heat in 2025 — and we're going international! First stop: Athens, May 8. Get ready for sharp, unfiltered conversations onstage — and your chance to jump into the dialogue. This isn't just an event; it's a forum where every attendee has a voice with some

StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We're thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil,

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Ser

Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’s new policies were “announced hastily,

Tesla's flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million in net income on $19.3 billion in reve

xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects

Anysphere, maker of AI coding assistant Cursor, is growing so quickly that it's not in the market to be sold, even to OpenAI, a source close to the company tells technewss. It's been a hot target. Cursor is one of the most popular AI-powered coding tools, and its revenue has been growing

Tesla CEO Elon Musk says he may keep doing work with the Department of Government Efficiency through the remainder of President Donald Trump’s second term, amid calls for him to step away from politics. Musk said he plans to reduce his role with DOGE to a “day or two” per week st

This might be the most hyped Tesla earnings in recent memory. And not for all the right reasons. Tesla has taken many hits this year as its CEO Elon Musk leans further into right-wing politics and oversees DOGE, the advisory body that President Trump has bestowed the power to slash federal spendin

Khloe Kardashian has formally launched her new food company, Khloud, and its first product, a protein popcorn, set to hit Target starting April 29. Back in December, technewss reported that Kardashian and her mother, Kris Jenner, were looking to raise at least $10 million for a business called Kh

In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn't have imagined it would be sitting in the sweet spot for 2025's biggest trend: vibe coding.  But on Tuesday, the fruits of that became evident when it announced a $200 million

Bluesky’s launch of a verification system has raised a slew of questions among its user base, from who will be picked — and why — to what outside organizations might be involved and whether the self-verification process will end. technewss has some answers. After a leak last week, Blues