Startups
Tech startup news that breaks down the funding, growth, and long-term trajectory of companies across every stage and industry. Startup coverage includes climate, crypto, fintech, SaaS, transportation, and consumer tech.
Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account.
Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico
Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” These might include port dues, towage, and pilotage fees. It’s a complex patchwork and all…
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from investors, including Goldman Sachs, ADIA, and Morgan Stanley, as part of its IPO.
Food VC PeakBridge has new $187M fund to transform future of food, like lab-made cocoa
PeakBridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far.
After surpassing $100M in ARR, Harness grabs a $150M line of credit
Harness isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised…
David Sacks reveals Glue, the AI company he’s been teasing on his All In podcast
VC and podcaster David Sacks has revealed a new AI chat app called Glue that fixes “Slack channel fatigue,” he says.
Sona, a frontline workforce management platform, raises $27.5M with eyes on US expansion
Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline…
Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the…
Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.
From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and…
On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own.…
Aplazo is using buy now, pay later as a stepping stone to financial ubiquity in Mexico
Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn’t have a credit card.
We received countless submissions to speak at this year’s Disrupt 2024. After carefully sifting through all the applications, we’ve narrowed it down to 19 session finalists. Now we need your…
Healthy growth helps B2B food e-commerce startup Pepper nab $30 million led by ICONIQ Growth
Co-founder and CEO Bowie Cheung, who previously worked at Uber Eats, said the company now has 200 customers.
StrictlyVC events deliver exclusive insider content from the Silicon Valley and global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch…
Meesho, an Indian social commerce platform with 150M transacting users, raises $275M
Meesho, a leading e-commerce startup in India, has secured $275 million in a new funding round.
The deck included some redacted numbers, but there was still enough data to get a good picture.
Founders Fund leads financing of composites startup Layup Parts
Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack…
Startups Weekly: Trouble in EV land and Peloton is circling the drain
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…
Bluesky now lets you personalize main Discover feed using new controls
The social network has announced an updated version of its app that lets you offer feedback about its algorithmic feed so you can better customize it.
Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse
A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.
Google built some of the first social apps for Android, including Twitter and others
The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.
Triomics raises $15M Series A to automate cancer clinical trials matching
For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…
Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is
Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…
Blackboard founder transforms Zoom add-on designed for teachers into business tool
When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for…
Groww joins the first wave of Indian startups moving domiciles back home from US
Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back home.
Featured Article
Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses
The Israeli startup has raised $5.5M for its platform that uses “statistical AI” to generate synthetic data that it says is as good as the real thing.
Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global…
Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025
Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025.
Gratitude Plus makes social networking positive, private and personal
Private social networking is making a comeback. Gratitude Plus, a startup that aims to shift social media in a more positive direction, is expanding its wellness-focused, personal reflections journal to…