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Metalenz reimagines the camera in 2D and raises $10M to ship it

5 years 8 months ago
As impressive as the cameras in our smartphones are, they’re fundamentally limited by the physical necessities of lenses and sensors. Metalenz skips over that part with a camera made of a single “metasurface” that could save precious space and battery life in phones and other devices… and they’re about to ship it. The concept is […]

Andreessen Horowitz could make the carbon offset API Patch its latest climate bet

5 years 8 months ago
The early-stage carbon offset API developer Patch could be another one of Andreessen Horowitz’s early bets on climate tech. According to several people with knowledge of the investment round, former OpenTable chief executive and current Andreessen Horowitz partner Jeff Jordan is looking at leading the young company’s latest financing. Such an investment would be a […]

HubSpot acquires media startup The Hustle

5 years 8 months ago
Marketing software company HubSpot is acquiring The Hustle, the business and tech media startup behind the popular newsletter of the same name. Axios broke the news of the deal and reported that it values the startup at around $27 million. HubSpot declined to comment on the deal price, and while tweeting about the acquisition, The […]

Class adds $30 million to its balance sheet for a Zoom-friendly edtech solution

5 years 8 months ago
Class, launched less than a year ago by Blackboard co-founder Michael Chasen, integrates exclusively with Zoom to offer a more customized classroom for students and teachers alike. The inaugural product, Class for Zoom, uses both management and instruction tools to bolster the video conferencing call experience. Formerly named ClassEDU, the startup announced today that it […]

Rad Power Bikes raises $150 million as electric bike sales boom

5 years 8 months ago
Electric bike sales boomed in 2020, a phenomenon driven by the COVID-19 pandemic and the disruption it delivered consumers’ daily lives. Now, Rad Power Bikes is reaping those rewards and using them to double its workforce and scale globally. The Seattle-based startup said Thursday it has raised $150 million from institutional investors including Morgan Stanley’s […]

Brazil’s Monkey nabs $6M Series A for financial marketplace

5 years 8 months ago
Monkey, a financial marketplace for receivables in Latin America, has raised $6 million in Series A funding. Quona Capital and Kinea Ventures co-led the round. The São Paulo-based startup was founded in 2016 by a trio that includes former Citi investment banker Gustavo Müller, Bruno Oliveira (who worked in strategic planning for Telefonica) and Felipe […]

Aflorithmic nabs $1.3M for AI-driven personalized audio-as-a-service

5 years 8 months ago
London and Barcelona based audio-as-a-service SaaS startup Aflorithmic has scooped up $1.3 million in seed funding from Crowd Media Holdings, an Australia-based company focused on influencer-based ‘social commerce’ and marketing. It’s taking a 10% stake in Aflorithmic, per a press release, where it says the strategic investment is aimed at enabling it to offer FaceTime […]

Former Paytm execs team up to chase gold in India

5 years 8 months ago
Most Indians can’t access credit from formal financial institutions because they don’t have a credit score of any form to prove their creditworthiness. As an alternative, they look at informal institutions such as pawn shops or more recently, apps that offer loans without any paperwork but could charge interest rates as high as 1,000% and […]

BigChange raises $102M for a platform to help manage service fleets

5 years 8 months ago
We talk a lot these days about the future of work and the proliferation of new and better tools for distributed workforces, but companies focused on developing fleet management software — even if they have not really been viewed as “tech startups” — have been working on this problem for many years already. Today, one […]

ManoMano’s sales are growing rapidly for its home improvement e-commerce platform

5 years 8 months ago
It’s been a year since I covered ManoMano, the French e-commerce platform focused on DIY, home improvement and gardening products. And 2020 has been a successful years as the company’s gross merchandise volume doubled to €1.2 billion ($1.45 billion at today’s rate). ManoMano’s sales are also accelerating as the company reported a 50% increase in […]

Will Carbon and Shahry usher in a wave of buy now, pay later services in Africa?

5 years 8 months ago
Affirm, Afterpay, Klarna, Quadpay. These are some of the big global players in the buy now, pay later (BNPL) movement. They allow shoppers to purchase products online and pay in installments with nominal or no fees, and have become more prominent due to how the pandemic accelerated e-commerce market growth around the world. Credit card […]

Cajoo promises grocery deliveries in 15 minutes

5 years 8 months ago
Meet Cajoo, a new French startup that has raised a $7.3 million (€6 million) funding round. The company wants to make it easier to order groceries from your phone and receive them 15 minutes later. It is launching in Paris today. “I left Bolt around mid-August and I’m launching a company with two co-founders focused […]

China’s national blockchain network embraces global developers

5 years 8 months ago
While China bans cryptocurrency exchanges and initial coin offerings, the government is set to leverage the underpinning technology — often without the decentralized part. Blockchain, for instance, could help track the shipment of luxury goods and authenticate court evidence. In the process of adopting blockchain applications in its own interest, China also wants to become […]

Headless CMS Storyblok raises $8.5M Series A funding round led by Mubadala Capital

5 years 8 months ago
Storyblok, a ‘headless’ CMS for developers and marketers to deliver content, has raised an $8.5 million Series A funding round led by Mubadala Capital, alongside existing Storyblok investors firstminute capital and 3VC.  The Austria-founded company’s platform counts Pizza Hut, Adidas, UPC, Greggs, Decathlon and others among its roster of clients, alongside many thousands of solo […]

Indian gaming platform Mobile Premier League valued at $945M in $95M fundraise

5 years 8 months ago
Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets. The new $95 million round, a Series D, was led by Composite Capital and Moore Strategic Ventures and gave the […]
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