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Investment in infrastructure is critical for crypto startups, not a ‘nice to have’

It's said that the best investment opportunity in a gold rush is the business selling the picks and shovels. But an even better place to invest is the land all those shops and miners need to rent.

Kickstarter sent password reset emails to millions of users, but didn’t tell anyone why

Crowdfunding website Kickstarter sparked fears overnight of a possible security incident after the company sent unsolicited password reset emails to millions of users without prior explanation. The em

Google Cloud will shutter its IoT Core service next year

Google Cloud announced this week that it’s shutting down its IoT Core service, giving customers a year to move to a partner to manage their IoT devices. The announcement appeared at the top of the I

Highbeam inks $7M to shine light on e-commerce-specific banking needs

By focusing on e-commerce, Highbeam is able to provide a single financial view of the business and help entrepreneurs decide the right cash and credit options.

HR startup HiBob’s valuation surges 50% to $2.45B on a $150M raise

Cloud-based human resource (HR) platform HiBob today announced that it had raised $150 million in a series D round of funding at a $2.45 billion valuation. This represents a nearly 50% increase compa

Israel’s venture slowdown lags due to ecosystem’s founder mentality

While the venture scene in Israel mirrors the same funding pullback as other geographies, it seems to be doing so with fewer negative outcomes.

Social investment platform eToro to acquire fintech startup Gatsby for $50M

Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood

CoinFund launches $300M web3 fund to invest in early stage crypto

As capital continues to deploy the crypto economy, another big fund is entering the space. Seven-year-old CoinFund is launching a $300 million early-stage web3 venture fund, CoinFund Ventures I, which

Ex-Novastar partner Niraj Varia takes on new challenge as CEO of Kenyan agtech iProcure

Niraj Varia spent the last eight years at Novastar Ventures, a global VC with hubs in Nairobi, Lagos and London, having joined it at inception and rising through the ranks to become partner. Under his

Incredible Health passes unicorn valuation as it bags $80M Series B

Incredible Health, a US-based job-matching platform which made nurses its first focus, has closed an $80 million Series B funding round and announced hitting a $1.65BN unicorn valuation, billing itsel

DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

Internet usage continues to skyrocket, with 29.3 billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. Today, an enterprise startup called DriveNets tha

Funding Circle cofounder unveils new Super Payments fintech venture with $27M investment

Funding Circle cofounder Samir Desai has unveiled a new U.K. fintech startup called Super Payments, a venture he founded back in February but which very little was known about up until now. Reports em

TikTok launches an in-app US midterms Elections Center, shares plan to fight misinformation

TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available to users in more than 40 languages, including English and

Airbnb launches ‘anti-party’ tech to spot potential rule-breakers at the point of booking

After permanently banning parties and events on all Airbnb listings in June, the company is hardening its anti-party stance by launching new screening tools in the U.S. and Canada. The firm’s &#

VLC says India internet providers blocking site poses threat to users

VideoLan, the developer of popular media player VLC, says Indian telecom operators have been blocking its website since February of this year in a move that is potentially impacting some users in one

India’s Exponent Energy may have found the secret to 15 min rapid EV charging

Bangalore-based Exponent Energy might have come up with a way to deliver 15-minute rapid charging for electric vehicles. The startup, which just raised a $13 million Series A, relies on a combination

Biden admin says about 20 models will still qualify for EV tax credits

The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have final as

Getting power from poop, with Levidian’s Loop

The U.K. water processing industry produces a godawful amount of biogas annually. The gasses are primarily used to generate operational heat and power on-site, or they can be turned into biomethane an

Eat Just bags $25M, gets Alibaba’s help to sell alternative protein in China

China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat Just l

YC grad QuotaBook raises $11M to scale its equity management platform

QuotaBook, a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Re
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