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FintechOS nabs $61.5M for a low-code approach to modernizing legacy banking and insurance services

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more persona

‘Pure’ nutritional supplements startup Feel closes $6.2M investment, led by Fuel Ventures

Earlier this year we covered the launch of Heights, a new supplements startup in an increasingly hot category. Feel, is a year-old UK startup with another twist on this world: pure nutritional supplem

Cusp Capital launches with a $361M fund for early stage startups in Germany and Europe

In the past ten years, an investment team led by Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht worked principally with German family offices, investing in startups such

Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures

Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. The round was led by

Huawei is not a carmaker. It wants to be the Bosch of China

One after another, Chinese tech giants have announced their plans for the auto space over the last few months. Some internet companies, like search engine provider Baidu, decided to recruit help from

European e-scooter and micromobility startup Dott raises $85 million

Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the investment. Dott is a

Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institu

Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures

Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The team sensed that remo

Payhawk raises $20M to unify corporate cards, payments and expenses

Fintech startup Payhawk has raised a $20 million funding round. QED Investors is leading the round with existing investor Earlybird Digital East also participating. Payhawk is building a unified syste

Daily Crunch: Facebook announces new audio products

Facebook reveals its Clubhouse competitor, Parler will return to Apple’s App Store and a helicopter flies on Mars. This is your Daily Crunch for April 19, 2021. The big story: Facebook announces

What to expect from Apple’s Spring Loaded event

Surprise! It’s another Apple Event. Gone are the days of getting a few weeks’ notice before these events now that they’re entirely virtual (at least until 2022, most likely). Instead, the co

Druva raises $147M at a valuation north of $2B as the cloud rush continues

Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that mana

Flawed data is putting people with disabilities at risk

Our products are long overdue for a new, fairer data framework to ensure that data is managed with people with disabilities in mind.

UiPath raises IPO range, still targets lower valuation than final private round

Robotic process automation unicorn UiPath is set to go public this week, concentrating our focus on its value.

Fitbit’s latest is a $149 ‘luxury’ fitness tracker

It’s been a strange few years for Fitbit. After defining the fitness tracking space, the company was a bit late to the smartwatch trend, but was still able to ride that wave to a rebound. But while

Facebook is expanding Spotify partnership with new ‘Boombox’ project

Facebook is deepening its relationship with music company Spotify and will allow users to listen to music hosted on Spotify while browsing through its apps as part of a new initiative called “Pr

Facebook invests in audio with short-form Soundbites feature, podcast support and a Clubhouse clone

Facebook today officially announced a suite of new audio products — an indication that it’s taking the threat from Clubhouse and other audio platforms more seriously. The company is doing

Geico admits fraudsters stole customers’ driver’s license numbers for months

Geico, the second-largest auto insurer in the U.S., has fixed a security bug that let fraudsters steal customers’ driver’s license numbers from its website. In a data breach notice filed w

These three investors think founders need some TLC (Collective funds)

Venture capital is a networks business — from networks of founders to the web of investors and angels and gossamer threads of potential customers, talent and service providers. The density of those

Xbox Cloud Gaming beta starts rolling out on iOS and PC this week

The era of cloud gaming hasn’t arrived with the intensity that may have seemed imminent a couple years ago when major tech platforms announced their plays. In 2021, the market is still pretty mu
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