The Latest

Mexico’s Mendel secures $35M to tackle LatAm’s corporate spend management problem

Mendel, a corporate spend management solution for enterprises in Latin America, announced today that it has secured $35 million in debt and equity.  The Mexico-based startup closed the $15 million Se

Let’s talk about the SaaS selloff

We're on the cusp of seeing investing hypothesis backed by hundreds of billions in capital being tested. Not quite yet, but so very close. Watch the markets.

Taiwan’s bargaining chips?

While Taiwan undoubtedly enjoys its current semiconductor dominance and the leverage that gives it over both China and the U.S., neither feel comfortable with the status quo.

Super app Grab starts trading on supersized SPAC combination

Grab will begin trading today on the Nasdaq under the ticker symbol "GRAB."And it raised a pile of money in the process. Billions, in fact.

Picsart acquires R&D company DeepCraft in seven-figure deal to aid video push

SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it’s acquiring the research and development company DeepCraft. The deal is a combination of

Social app IRL makes its first acquisition with deal for digital nutrition company AaBeZe Labs

IRL, the SoftBank-backed social app and recent unicorn, is today announcing its first acquisition. The company is purchasing, for an undisclosed sum, the “digital nutrition” company AaBeZe

Playground launches in beta to help creators cultivate community

Launching today in beta, Playground is a social platform that seeks to help people discover and develop community while empowering creators to monetize their audience. Already, the website has a wide

Moovit partners with smart cane company WeWALK to enhance mobility for visually impaired

Intel-owned Moovit, a mobility-as-a-service (MaaS) provider with a globally popular trip planning app, has partnered with WeWALK, a smart cane company, to help visually impaired people reach their des

Instant grocery delivery startup JOKR bags another huge round to enter unicorn status

The company touts itself as “one of the fastest companies to reach unicorn status in history.” 

Here’s what’s happening today at the iMerit ML DataOps Summit 2021

And we’re off to the data races! Yes, today iMerit ML DataOps Summit 2021 dives deep into the data science solutions that power artificial intelligence and machine learning. It’s shaping up to be

Facebook is making two-factor mandatory for high-risk accounts

Facebook, a recently added subsidiary of Meta, said it will make two-factor authentication (2FA) mandatory for high-risk accounts likely to be targeted by malicious hackers. The move is part of a majo

Hotel Engine raises $65M at a $1.3B valuation as corporate travel rebounds

With the pandemic heading into its second year, people all over the world are traveling more for work again. If you’ve flown anytime in the past few months, the packed planes are in part evidence of

Uber intros several safety features, including one that records audio during a ride

Uber is adding several new safety features to its app, including an audio reminder to riders to wear their seat belts, allowing riders or drivers to record audio during rides, and detection of unexpec

Mexican BNPL player Kueski secures $202M in debt & equity as it nears $100M+ in ARR

Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greens

Shiftsmart, a marketplace matching shift workers to employers, grabs $95M

The days of shift work that involve "coming in at 2 p.m. or you are fired," is a dated concept.

Meru.com takes in new capital toward its goal of being LatAm’s ‘Alibaba’

Meru customers can select and purchase products in minutes with a guarantee from the company that they will receive those products and at the best market prices.

Karamba Security raises another $10M for its IoT and automotive security platform

Karamba Security, an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. This extension

Segway makes its first foray into sidewalk robot delivery with Coco partnership

Segway sees a future for sidewalk delivery robots and is now preparing to be the burgeoning industry’s go-to manufacturer. The company, which has supplied electric scooters for almost all of th

Falcon Edge Capital eyes raising a fund of over $10 billion

Falcon Edge Capital, the New York-headquartered investor that has emerged as one of the most aggressive in recent years, is pushing to make its most ambitious bet yet. The firm is in early stages of t

When grandma falls, SafelyYou is there to catch her (on video)

The life of a tech journalist can be soul-sapping. I talk to so many founders — capable, smart, well-connected, experienced founders — who are working on problems that genuinely just don’t m
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