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A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company…
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4…
Data quality has been shaping up as a salient and increasingly critical part of the world of data science: Enterprises are sitting on growing troves of information, but it’s only…
Pan-African digital payments network MFS Africa has raised $100 million in equity and debt, additional funding that takes its Series C round to $200 million. African investment manager Admaius Capital…
We’ve been tracking a worrying trend of layoffs in the technology industry, but that is not the full story. There is, concurrently, a wave of organizations that are also in…
Amid rising uncertainty about how financing will look for tech in the months and maybe years to come, one of the newer kids on the VC block in Europe is…
Featured Article
How the myth of the ‘girlboss’ harms emerging women in tech
On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life. Staff members glided around the store in pastel pink suits, each embodying the kind of girl that Glossier made us all want to…
Traditional venue photography providers like DEI Global, Magic Memories, Picsolve and Sharingbox are reliant on fixed equipment, permanent staffing costs and on-site printed products. So Amsterdam, Netherlands-based Smiler came up…
While much of the recent capital has targeted the consumer-facing, or downstream side, the firm believes future investments will go into technologies closer to the farm or lab.
Niantic transcends Discord to build Campfire, an AR social network, and unveils Lightship VPS
Since the launch of Pokémon Go in 2016, players have been coordinating meetups, in-game raids and battles on platforms like Reddit and Discord. This summer, parent company Niantic is unveiling…
Crypto-savvy developers are in short supply these days. Blockchain startups and protocols are fighting to onboard and train more engineers — an even tougher undertaking in a world where developing…
Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform
Mass transit has made a rebound with the return of city life post-COVID 19, and today a startup that’s building tech to help it run more smoothly is announcing a…
African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent, the two private…
Elon Musk weighed in on Tesla, SpaceX and his multitude of other companies — including that social media business he’s trying to purchase — during a wide-reaching 80-minute interview Tuesday…
Paddle, the company that wants to take on Apple in IAP, raises $200M at a $1.4B valuation to supercharge SaaS payments
Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibility of pay-as-you-use…
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture…
Just Eat Takeaway takes away chairman, investigates COO, weighs Grubhub sale as meal delivery cools down
The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the COVID-19 pandemic as people stayed indoors and turned to apps to fill…
UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages…
Since the (relatively speaking) easing of the pandemic, pharmacies have come under increasing strain as people clamor for their drugs. This is particularly an issue in the U.K. where traditional…
If there’s one thing we found out during the pandemic, it is that private jets were one way for the rich and famous to avoid traveling with the potentially infectious…
Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially…
Platforms like Figma have changed the game when it comes to how creatives and other stakeholders in the production and product team conceive and iterate around two-dimensional designs. Now, a…
The number of applications for international visas in the U.K. and elsewhere, in order to leave Russia, has exploded following the latter’s invasion of Ukraine. It’s estimated that since February…
Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale
Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced that it would be acquiring Five.ai, the autonomous driving…
London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever
Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. The London-based company provides identity, data and payments products that…
Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs
Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. That leaves a wide opportunity for cybersecurity specialists to build tools aimed at smaller organizations that still…
Fashion rental platforms had a tough time during the pandemic as in-person events evaporated and office workers ditched their smarts to collectively slip into comfy loungewear. But as the pandemic…
Talenthouse AG has made a name for itself as an aggregator of content creators, which is then commissioned by brands for their own social media channels. Brands just can’t seem…
Six months after raising $250 million, Papaya Global is making a key acquisition to expand its cloud-based HR and payroll platform globally on the heels of major surge in remote working.…
Of the many labor issues that arose during the COVID-19 pandemic, one major focus was on healthcare workers, and specifically the challenge of staffing medical environments at a critical moment,…