The Latest

As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton

We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. It’s growth had been spurred by the boom in pet ownership during the pand

Augment provides an MBA-like program, but exclusively online

French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been

Wind.app makes DeFi accessible to the average consumer

Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ride-sharing apps. For his latest startup, however, Elius is exploring the world of DeFi with Wind.app, a self-custod

Amazon announces three new serverless offerings to kick off re:Invent

Amazon kicked off AWS re:Invent, its annual customer conference, in Las Vegas tonight with a few new serverless offerings designed to make it easier to manage Aurora, Elastic Cache and Redshift server

Paris-based startup studio Hexa raises some funding to launch even more startups

You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such as Fro

Apple partner Foxconn to invest $1.5 billion in India

Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the inve

Inflow connects small fashion brands with manufacturers in Vietnam

Textiles and garments contribute 16% of Vietnam’s total GPD, but it’s challenging for small garment brands to take advantage of the country’s manufacturing prowess. Inflow is stepping into the g

European startup funding halved to $42B in 2023, says Atomico

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC f

Cradle’s AI-powered protein programming platform levels up with $24M in new funding

Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment. The company exited stealth a little ov

Amazon’s iRobot purchase sucks up formal competition concerns in EU

European Union regulators have sent Amazon a formal statement of objections setting out competition concerns over its proposed acquisition of robot vacuum maker, iRobot. The step does not confirm the

Terran Orbital sues former CTO who joined call for leadership shake-up

Terran Orbital is suing its former CTO, Austin Williams, a little over a month after he and other shareholders publicly called for a change in company leadership. Williams was a co-founder of satellit

Shein files confidentially to go public in the US

Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday.

Max Q: The Thanksgiving edition

For my American readers, I hope you had a restful Thanksgiving with loved ones. In this issue: Venturi Astrolab's first moon rover mission, news from OneWeb India and more.

This virtual garage sale lets you haggle with AIs to buy Tesla stock, a PS5 or a toilet magazine

Cyber Monday is upon us, but the hottest deals in town are at the AI Garage Sale, where you can try to convince an AI to sell you some worthless junk (or, a PS5) for any given price. AI Garage Sale is

Ukraine detains Victor Zhora, former top government cyber official

Last week, the Ukrainian government fired two of its top cybersecurity officials, who are accused of embezzlement. Now, one of them has been detained. Ukraine’s senior cabinet official Taras Melnych

Reddit might once again be flirting with an IPO

Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.”  Th

Meta turned a blind eye to kids on its platforms for years, unredacted lawsuit alleges

A newly unredacted version of the multi-state lawsuit against Meta alleges a troubling pattern of deception and minimization in how the company handles kids under 13 on its platforms. Internal documen

A comprehensive list of 2023 tech layoffs

Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass work

Google’s new tools help discussion forums and social media platforms rank higher in search results

Google today introduced new tools for website owners, including those running social media sites and discussion forums, who want to better elevate their content in Google’s search results. The f

This week in AI: The OpenAI debacle shows the perils of going commercial

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable re
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