The Latest

Luxury air travel startup Aero raises $20M

Aero, a startup backed by Garrett Camp’s startup studio Expa, has raised $20 million in Series A funding — right as CEO Uma Subramanian said demand for air travel is returning “with a ve

Unraveling ThredUp’s IPO filing: Slow growth, but a shifting business model

What investors will be willing to pay for ThredUp is going to be very interesting. A bit like Oscar Health, it's a hard company to price.

Snapcommerce raises $85M to make over your mobile shopping experience

People are not only shopping digitally more than ever. They’re also shopping using their mobile phones more than ever. And for mobile-first companies like Snapcommerce, this is good news. Snapcommer

Papaya Global raises $100M more at a $1B+ valuation for tools to hire, pay and manage distributed workforces

Remote worki ng — hiring people further afield and letting people work outside of a central physical office — is looking like it will be here to stay, and today one of the startups buildin

Robotics roundup

I’m excite d for any opportunity to talk about soft robotics. There’s something other-worldly about the world of inflatable robotic bladders. Human beings are wont to develop robotics in their own

Income verification is white-hot right now, and Plaid wants in

Fresh off the termination of its planned merger with Visa, Plaid announced Thursday a new income verification product, which it said is aimed at “improving the lending lifecycle” with payroll data

Square buys majority of Tidal, adds Jay Z to its board in bid to shake up the artist economy

This morning Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal, worth some $297 milli

SpaceX launches 60 new Starlink satellites, while Starship moves closer to being able to launch up to 400 at a time

SpaceX has l aunched another batch of its Starlink satellites – the usual complement of 60 of the low Earth orbit spacecraft, which will join the more than 1,000 already making up the existing cons

Hopin confirms $400M raise at $5.65B valuation

This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both numbers matc

Jungle Scout raises $110M, acquires Downstream Impact to help 3rd parties sell on marketplaces like Amazon

There has be en a rapid proliferation of roll-up companies armed with wallets full of money to consolidate promising smaller merchants that sell on Amazon and other marketplaces, the idea being to cre

Wipro to buy London’s tech consultancy firm Capco for $1.45 billion

Wipro said o n Thursday it has reached an agreement to buy 22-year-old British tech consultancy firm Capco for $1.45 billion as the major Indian software exporter looks to win customers in Europe and

Apple’s App Store is now also under antitrust scrutiny in the UK

Apple is fac ing another antitrust investigation in Europe into how it operates the iOS App Store. The UK’s Competition and Markets Authority (CMA) announced today that it’s opened an inve

Boss of Chinese gaming titan NetEase calls for shared parental leave

China’ s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which expert

Deliveroo confirms anticipated £8bn floatation in London, will be among first to use ‘dual shares’ structure

Food deliver y start-up Deliveroo has today confirmed its £8bn ($11bn) stock market floatation in London, something which was on the cards previously. The eight-year-old company will use the “dual-

IFC backs Bolt with $24M to expand its transportation network in emerging markets

Bolt, an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up s

Countingup closes £9.1M for its business current account with built-in accounting features

Countingup, the U.K. fintech offering a business current account with built-in accounting features, has closed £9.1 million in Series A investment. Leading the round is Framework Venture Partners, wi

WhatsApp adds voice and video calling to desktop app

WhatsApp is rolling out support for voice and video calling to its desktop app, the Facebook-owned messaging service said Thursday, providing relief to countless people sitting in front of computers w

Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group

Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. As part

Indian state government website exposed COVID-19 lab test results

A security flaw in a website run by the government of West Bengal in India exposed the lab results of at least hundreds of thousands of residents, though likely millions, who took a COVID-19 test. The

Gillmor Gang: Off The Record

Of all the gin joints etc. etc. Clubhouse continues to confound those who don’t believe in the restorative powers of the Next Big Thing. It doesn’t make sense, they say, that an audio serv
Load More