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3D-printed glasses startup Fitz is making custom protective eyewear for healthcare workers

A lot of startups have answered the call for more personal protective equipment (PPE) and other essentials to support healthcare workers in their efforts to curb the spread and impact of COVID-19. One of those is direct-to-consumer 3D-printed eyewear brand Fitz, which is employing its custom-fit glasses technology to build protective, prescription specs for front-line […]




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Amazon worker-activists form international organization to demand change in warehouses

Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon Director of UK Customer Fulfillment Stefano Perego in which the group demands the company makes permanent certain steps Amazon has implemented amid the COVID-19 pandemic. […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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WorldGaze uses smartphone cameras to help voice AIs cut to the chase

If you find voice assistants frustratingly dumb, you’re hardly alone. The much-hyped promise of AI-driven vocal convenience very quickly falls through the cracks of robotic pedantry. A smart AI that has to come back again (and sometimes again) to ask for extra input to execute your request can seem especially dumb — when, for example, […]




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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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Locatee raises $4M Series A for its workplace analytics platform

Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based Tomahawk VC. “We started the […]




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Asian film industry: parasites and viruses

Keeping cinemas open will not stop operators from falling into a sea of red ink




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HSBC accuses collapsed oil trader ZenRock of ‘suspicious’ dealings

Bank alleges collapsed Singaporean company raised money through duplicate invoices




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Argentina misses deadline for debt restructuring deal

Bondholders await government’s next move as fears of default intensify




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Orca Security raises $20M Series A for its multi-cloud security platform

Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in this round. Together with its seed […]




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Sleuth raises $3M Seed to bring order to continuous deployment

Sleuth, an early stage startup from three former Atlassian employees, wants to bring some much-needed order to the continuous delivery process. Today, the company announced it has raised a $3 million seed round. ​CRV led the round with participation from angel investors from New Relic, Atlassian and LaunchDarkly. “Sleuth is a deployment tracker built to […]




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Dtex, a specialist in insider threat cybersecurity, raises $17.5M

A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. But there has also been a […]




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Oakland Startup, The History Project, Raises $2M To Build Digital Time Capsules of Family, Personal Histories

After years of working in mobile advertising, founder Niles Lichtenstein discovered a box of records from his late father. That compelled him to start putting together memories and online histories earlier, by documenting his mother’s life history and how he first met his wife. That developed into an interactive timeline where he collected songs from […]




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To Go After Local Neighborhood News And Marketplaces, Hoodline Raises $1.6M

One of the most sought-after, but never quite dominated, frontiers in online media and marketplaces has been centered on local communities. Hoodline, a San Francisco-based startup, is trying to tackle this with a unique focus on news about neighborhood retail corridors. The startup has built up a network of news on about two-dozen neighborhoods across San Francisco as a sort of Trojan horse into a larger platform of hyperlocal listings and markets.




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Townsquared Raises $5.3M To Expand A Nextdoor-Like Experience For Local Retail, Small Businesses

Even though Rohit Prakash was a dual MD and PhD researching optogenetics at Stanford University, his entrepreneurial itch kept returning him to his family’s small business roots. He and his co-founder Nipul Patel began researching the travails of small business owners, interviewing countless entrepreneurs, trying to figure out what their risks were or what caused […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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Stilt, which provides financial services for immigrants, raises $7.5 million seed round

Stilt, a Y Combinator alum that provides financial services for immigrants without Social Security numbers or credit reports, announced today that it has closed a $7.5 million seed round. It also launched FDIC-insured pre-approved global bank accounts today. The startup has raised equity from investors including Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel […]




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Locatee raises $4M Series A for its workplace analytics platform

Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based Tomahawk VC. “We started the […]




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Workstream, a platform for deskless work, raises $10 million to serve local businesses

Deskless workers make up 80% of the global workforce, but to Desmond Lim, that job title is his entire world. Lim grew up in Singapore and saw his father wake up every morning, six days a week, at 5 a.m. to start his job as a driver. Lim and his mom, who worked as a […]




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Owkin raises $25 million as it builds a secure network for healthcare analysis and research

Imagine a model of collaborative research and development among hospitals, pharmaceutical companies, universities and other research institutions where no one shared any actual data. That’s the dream of the new New York-based startup Owkin, which has raised $25 million in fresh financing from investors, including Bpifrance Large Venture, Cathay Innovation and MACSF (the French Pension […]





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UK construction activity collapses in April

Building industry hit harder than other sectors by Covid-19 lockdown measures




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Social network for women, Peanut, raises $12M Series A amid pandemic

Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics, from pregnancy and parenthood to marriage and menopause, and everything in between. On the heels of significant growth in online networking fueled by the […]




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Data dashboard startup Count raises $2.4M from LocalGlobe, with Global Founders Capital

Early-stage companies often have trouble dealing with the amount of data that can run through the organization, especially as it grows. Large sums are spent on data software, dislocated data, dealing with data pipelines. All of which involve data warehousing, cleaning tools and a visualization platform. Count is a startup that is an attempt to […]




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Marketing data platform Adverity raises $30M Series C led by Sapphire Ventures

In the time many of us live in now, we all know our online media consumption is — to state the obvious — going through the roof. Subsequently, the amount of data pertaining to online marketing is, equally, reaching stratospheric heights and in recent years tech companies like Datorama and Funnel.io, SuperMetrics and Adverity have appeared to […]




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Templafy raises $25M Series C led by Insight partners to deal with enterprise documents

Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The company integrates with enterprise infrastructure to […]




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B2B challenger bank Finom raises $7M Seed from Target Global and General Catalyst

Just as challenger banks have appeared in the B2C space, so to have B2B startup banks aimed at small businesses, among them startups like Qonto (Fr), Tide (UK), Penta (GER) and CountingUp (UK). Today another such firm, Finom, has closed a €6.5m ($7M) seed funding round led by Target Global, with participation from General Catalyst. […]




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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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Instabug raises $5M Series A round led by Accel, as mobile app usage surges

There are some startups that behave like sprinters, and others that run a marathon. I came across Instabug when I was in Cairo in 2013. Born during the chaotic era of the Arab Spring, this plucky startup managed to make it to TechCrunch Disrupt, then Y Combinator in 2016, then a $1.7 million in seed […]




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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St. Louis-based Summersalt raises $17.3 million for its direct-to-consumer clothing line

The Midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are investing $17.3 million to establish another tent-pole clothing brand in the […]




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Norwegian oil fund furore focuses on wrong questions

Debate about flight scandal has detracted attention from strategic changes and oversight at world’s biggest sovereign wealth fund




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Thyssenkrupp raises possibility of giving away factory unit

German conglomerate hopes to offload lossmaking division to focus on steel




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Diet autopilot Thistle raises $5M for health food subscriptions

What if it was easier to eat salad than junk food? Most diet routines take a ton of time, whether you’re cooking from scratch, making a meal kit or seeking a nutritious restaurant. But on-demand prepared food delivery companies like Sprig that tried to eliminate that work have gone bankrupt from poor unit economics. Thistle […]




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EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million

Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors, including Wireframe Ventures, the Urban Innovation Fund […]




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Vericool raises $19.1 million for its plant-based packaging replacement for plastic coolers

Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other plant-based materials, according to the […]





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Amazon gives away a free year of live and on-demand cooking classes on Food Network Kitchen app

Amazon is bringing a year’s worth of free, live and on-demand cooking classes to tens of millions of Amazon Fire TV and Fire tablet owners across the U.S., thanks to an expanded collaboration with Discovery’s Food Network Kitchen. The subscription service launched last fall as a flagship app for Amazon’s Alexa-powered Echo Show, bringing daily […]




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Moshi, a sleep and mindfulness app for kids, raises $12M Series B led by Accel

“If your kids aren’t sleeping, you aren’t sleeping,” says Moshi founder and CEO Ian Chambers. As mindfulness apps grow increasingly popular among adults, Moshi is looking to bring mindfulness and meditative techniques to children. The app today announced the close of a $12 million Series B financing led by Accel, with participation from Latitude Ventures […]




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Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]




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Figma raises $50 million Series D led by Andreessen Horowitz

Figma, the design platform that lets folks work collaboratively and in the cloud, has today announced the close of a $50 million Series D financing. The round was led by Andreessen Horowitz, with partner Peter Levine and cofounding partner Marc Andreessen managing the deal for the firm. New angel investors, including Henry Ellenbogen from Durable […]




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Hydrant raises $5.7 million Series A to help consumers hydrate faster

Eight glasses of water a day. That’s the old recommendation you and I have heard growing up. And while we all know the importance of hydration to our health, some methods of hydration are more efficient than others. At least, that’s the premise that Hydrant was built on. The company, a wellness brand that launched […]




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Spatial raises $14M more for a holographic 3D workspace app, a VR/AR version of Zoom or Hangouts

The worlds of virtual and augmented reality have yet to land on the applications and hardware to truly spark mass-market, consumer interest in the space, but in the meantime, a startup building mixed reality services for business users has raised a round of funding, underscoring the opportunity in enterprise. Spatial, which has developed a “holographic” […]




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Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every merchant you shop at, you […]




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Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its round, and declined to share […]




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Oura raises $28 million for its health and sleep tracking ring

Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura […]




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PayPal, Intuit & Square approved to offer loans to small businesses through coronavirus relief program

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]




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Trade Republic, a German Robinhood, raises $67M led by Accel and Founders Fund

In the U.S., Robinhood has led the charge in upending the stock investing model through its mobile-first, minimal-step, commission-free trading platform. Now a startup out of Germany built on a similar premise is announcing a big round of funding from some top investors to continue its growth. Trade Republic — which lets people buy and sell […]




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Yelp is making it easier for businesses to highlight their virtual services

As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]