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Pre-seed round funding is under scrutiny: Is VC pandemic posturing here to stay?

In 2020, investors became laser-focused on sections of the pitch deck that address monetization and business viability — signs that founders need to present better-defined businesses to succeed.

New York’s Department of Financial Services says Apple Card program didn’t violate fair lending laws

The New York State Department of Financial Services (NYDFS) released a report today that cleared the Apple Card credit card program of discriminatory practices and specifically, gender-based discrimin

Eat Just (the alt-protein company formerly known as Hampton Creek) has raised another $200 million

Eat Just, the purveyor of eggless eggs and mayonnaise and the first government-approved vendor of lab-grown chicken, has raised $200 million in a new round of funding, the company said. The funding wa

Roll still doesn’t know how its hot wallet was hacked

Move fast, break things, get hacked. That’s what happened at Roll, the social currency platform that allows creators to mint and distribute their own Ethereum-based cryptocurrency known as socia

Most African YC-backed startups in today’s batch are focused on fintech

In Africa, Y Combinator is known to be a major backer of most of the continent’s well-known startups. Two of the most talked-about in the last two quarters — Flutterwave and Paystack &#821

QuantumScape’s share sale to fund solid-state battery production roils its market value

QuantumScape has issued a share offering to pay for an expanded pilot production line for its solid-state batteries just months after it became a publicly traded company via a reverse merger. QuantumS

Stock trading app Freetrade raises $69 million

U.K. challenger stockbroker Freetrade has raised a $69 million Series B round led by Left Lane Capital. The growth fund of L Catterton and existing investor Draper Esprit also participated. Freetrade

A newly-wormable Windows botnet is ballooning in size

Researchers say a botnet targeting Windows devices is rapidly growing in size, thanks to a new infection technique that allows the malware to spread from computer to computer. The Purple Fox malware w

Chinese automaker Geely launches luxury EV brand Zeekr

Chinese automaker Geely Automobile Holdings is launching a new brand of premium electric vehicles as it aims to capture a share of the luxury EV market that has been dominated by Tesla and other homeg

Tiny silver flakes can improve conductivity in soft robots

Soft robotics have long been one of the more exciting categories among emerging technologies. Of course, as with most new tech, the field has some drawbacks over more traditional models. While they im

OnePlus unveils its smartwatch, and Wear OS is nowhere to be seen

Well before the rumors, we knew this day was coming. After several generations of smartwatches and a handful of headphones, the smartwatch was the next logical step for OnePlus. At today’s big launc

OnePlus 9 arrives, sporting a Hasselblad-branded camera system

Cameras have long been the battleground on which the smartphone wars have been fought. Short of any left-field innovation like folding screens or strange form factors, that looks likely to continue to

Startups book an expo booth at TC Sessions: Mobility 2021 to double down on connection and exposure

When it comes to fast-moving technology, mobility zooms ahead of the pack — both literally and figuratively. Early-stage startup founders and investors need to keep their fingers on the sector’s v

Discord’s reported $10B exit; Compass and Intermedia Cloud Communications set IPO price ranges

There's a lot of news this morning, so let's discuss all the big dollars before YC demo day kicks off.

OneTrust adds ethics to its privacy platform with Convercent acquisition

OneTrust, a late stage privacy platform startup, announced it was adding ethics and compliance to the mix this morning by acquiring Convercent, a company that was built to help build more ethical orga

Apple launches the ‘Apple Teacher Portfolio recognition, updates Schoolwork and Classroom apps

Apple this morning announced a handful of education-related updates to its suite of classroom apps as well as a new recognition for teachers, called the Apple Teacher Portfolio. Teachers who complete

After its near-death experience, AR pioneer Blippar is back with $5M in funding and a B2B model

Augmented Reality pioneer Blippar – which has had a tortuous history after early investors pulled out and the company had to scramble for new backers – has now closed a $5 million funding

Arcadia steps in to Texas’ startup energy market with the acquisition of Real Simple Energy

On the third greatest television show of all time (sorry Rolling Stone), one of Texas’ most famous fictional football players once said, “When all the scared rats are leaving a sinking mar

Huckleberry, offering insurance to SMBs, partners with Berkshire Hathaway

Huckleberry, an insurtech company that offers a variety of insurance to small businesses, has announced a partnership with Berkshire Hathaway GUARD. This represents the biggest partnership with a carr

User Interviews, the CRM for qualitative user research, raises $10 million Series A

User Interviews, the Entrepreneurs Roundtable Accelerator-backed company that has built a CRM for product research teams to get user feedback, has closed on a $10 million Series A round. The financing
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