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Revolut alums raise millions for Vault, a startup offering banking services to Canadian SMBs

Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud Azi

Match Group debuts Archer, a new face-first gay dating app for men

Online dating behemoth Match Group is introducing a new gay dating app, just in time for Pride. The company, which owns the lion’s share of the global dating market, is launching Archer, a “social

Olé Life wants to make buying life insurance for Latin Americans easier

The full-stack insurance carrier is targeting Latin America’s growing middle class that may have previously been unable to obtain financial protection.

Enzo Biochem says ransomware attack exposed clinical test data of 2.5 million patients

Enzo Biochem, a New York-based biotechnology company, has confirmed that a ransomware attack exposed the clinical test information of almost 2.5 million patients. Enzo, which manufactures and sells DN

BeReal is adding a messaging feature called RealChat

BeReal is working on a chat feature, which will begin with a test among users in Ireland. At launch, users will be able to message one on one with friends, send them a private BeReal (no time limit, j

Pixxel’s hyperspectral orbital imagery attracts investment from Google

Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers. The L.A. and Bangalore-based startup also

Factors to consider before pricing AI-enabled SaaS

SaaS companies should be solving for simplicity and adoption in their AI feature pricing. This is a time for learning and iteration.

Legal tech firm Casepoint investigates breach after hackers claim theft of government data

Casepoint says it’s investigating a potential cybersecurity incident after hackers claimed to have compromised the legal technology platform to steal terabytes of sensitive data. U.S.-based Casepoin

Elon Musk’s pivotal China visit: Diplomacy, supply chain and beyond

On Tuesday, Elon Musk commenced his high-stakes visit to China, marking his first since before the COVID-19 pandemic. In an era of decoupling, the Tesla CEO stands out as one of the very few Silicon V

Ford pilot program offers Uber drivers in California flexible Mach-E leases

Ford has launched a pilot that will give Uber drivers access to flexible leases on Mustang Mach-E models in three California cities. The pilot program, called Ford Drive, launched Thursday in San Dieg

New New York-meets-Warsaw VC fund brings in Japan partner to hunt for European startups

The VC which backed such a startups as Socure (raised $741.9M) and Cornerstone OnDemand (now NASDAQ:CSOD) is launching a new fund to support startups in Central Europe. To date the new “ff Red &#038

Baidu’s $145M AI fund signals China’s push for AI self-reliance

The U.S.-China decoupling is giving rise to a divided tech landscape between the two major economies, shaping the development of the red-hot area of generative AI, which turns text into various forms

As part of AI push, Chinese tech giant Baidu is now rolling out an AI venture fund

Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back start-ups focused on con

The elephants in the room at Computex

This year’s Computex, the first since Taiwan eased pandemic-related travel restrictions, was a celebration of the world’s computing and chip industries. But amid the exhibitions, speeches and pro

Measurabl, an ESG platform for real estate, raises $93M

Measurabl, a startup developing a platform for environmental, social and governance (ESG) data in the real estate space, today announced that it raised $93 million in a Series D funding tranche co-led

GetYourGuide books $194M at a $2B valuation with travel experiences back in business

The tourist industry is bouncing back after a rough couple of pandemic-stressed years, and in the case of some tourism and travel startups, its momentum is coming in at a pace that’s defying the

California lawmakers and AV industry battle for future of self-driving trucks

A California bill that would require a trained human safety operator to be present any time a heavy-duty autonomous vehicle operates on public roads in the state is getting traction. The bill, first i

Indian SaaS startup Capillary Technologies grabs $45M to expand globally

Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plans to expand into global market

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding

Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo it claims will help the industry level up — and save a lot o

Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests

Amazon will pay the FTC a $25 million penalty as well as “overhaul its deletion practices and implement stringent privacy safeguards” to avoid charges of violating the Children’s Onl
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