November 19, 2024
Home » Featured

Featured


Featured Startup News

Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Fintech startup FairPlay lands $10M in Series A funding to reduce bias in lending to people of color
Nickie Louise Posted On July 19, 2022


In 2020, Black mortgage applicants were approved at a rate of less than 80% of White applicants. These approval decisions were made by algorithms. Unfortunately, this is not new. It has been going on for decades. Another report by an online real estate […]


Continue Reading
0
1.9K Views


Featured  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Health talent startup Humanity Health lands $6 million to address barriers facing underrepresented leaders in healthcare and life sciences
Nickie Louise Posted On July 18, 2022


People of color represent less than 15% of executives in the largest US-based healthcare companies even though they represent 40% of the population. Now one startup is on a mission to change this trend by addressing the stubborn barriers to […]


Continue Reading
0
2.2K Views


Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
World’s largest cryptocurrency exchange Binance fined $3.35M over illegal operations and money laundering in the Netherlands
Daniel Levi Posted On July 18, 2022


Binance, the world’s largest cryptocurrency exchange, has been fined $3.35 million over illegal operations and violation of Dutch money-laundering laws in the Netherlands. In an announcement on Monday, the reserve bank of the Netherlands (DNB) said it fined Binance $3.35 million […]


Continue Reading
0
1.4K Views


Featured  / NFT  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
World’s largest NFT marketplace OpenSea to lay off 20% of its workforce as NFT sales plunged to $700M from $5 billion in Jan.
Nickie Louise Posted On July 14, 2022


OpenSea, the world’s largest non-fungible token (NFT) marketplace announced Thursday it is cutting about 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The announcement comes just two months after the NFT marketplace was hit by a phishing […]


Continue Reading
0
1.9K Views


Featured  / Startup Spotlight  / Technology News
Crypto lender Celsius files for bankruptcy after freezing withdrawals for 1.7 million crypto customers
Daniel Levi Posted On July 14, 2022


Last month, embattled crypto lender Celsius froze withdrawals for 1.7 million of its crypto holders in the wake of a collapse in cryptocurrency prices, citing what it described as “extreme market conditions.” Three days later, we suggested that “bankruptcy may be the only option […]


Continue Reading
0
1.9K Views


Artificial Intelligence  / Electric Car  / Electric Vehicles  / Emerging Technology  / Featured  / Machine Learning  / Smart City  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Longtime Tesla autopilot and AI leader Andrej Karpathy resigns from the company
Nickie Louise Posted On July 14, 2022


It’s not been a good week for Tesla CEO Elon Musk. His week started out with a lawsuit from Twitter asking the billionaire to consummate the $44 billion merger agreement. Then yesterday, longtime Tesla Autopilot Executive Andrej Karpathy announced on […]


Continue Reading
0
2.0K Views


Blockchain  / Featured  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Blockchain fintech startup Millicent successfully carries out world’s first test of a general purpose full-reserve digital currency
Nickie Louise Posted On July 14, 2022


As you may recall back in February, we wrote about Millicent after the distributed ledger fintech startup co-funded by the UK government’s R&D department received funding grants to build the next generation of digital finance. The award from the UK Research and Innovation […]


Continue Reading
0
1.6K Views


Featured  / Startup Spotlight  / Technology News
Netflix pivots after losing 200,000 subscribers; partners with Microsoft on ad-supported subscription plan
Daniel Levi Posted On July 13, 2022


In April, we wrote about Netflix after the streaming behemoth suffered subscriber loss for the first in more than a decade. The announcement caused the company to lose $50 billion in just one day. During the earnings call in April, Netflix reported a […]


Continue Reading
0
1.8K Views


Acquisition  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Spotify buys Wordle-inspired music recognition trivia gaming startup Heardle
Nickie Louise Posted On July 13, 2022


Music streaming giant Spotify announced on Tuesday it’s buying Heardle, the Wordle-inspired music recognition trivia game played by millions of users every day. The total amount of the deal was not disclosed. The acquisition is part of Spotify’s effort to diversify its revenue streams […]


Continue Reading
0
1.4K Views


Featured  / Startup Spotlight
Ukrainian-founded startup Preply lands $50M in Series C funding to build global online learning marketplace
Daniel Levi Posted On July 13, 2022


The ongoing war between Russia and Ukraine has not only resulted in the deaths of thousands of people on both sides but also caused global downturn and economic losses. As the ripple effect of the war spread around the world, the […]


Continue Reading
0
1.9K Views


Failed Startups  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Airlift, Pakistan’s second-largest startup, shuts down as global downturn claims another tech casualty
Nickie Louise Posted On July 13, 2022


Last week, Voyager Digital filed for bankruptcy just a year after the crypto-asset broker startup raised $100 million in funding. Now, the ongoing global downturn has claimed another casualty. Today, Airlift, Pakistan’s second-largest startup, has shut down its operations in the […]


Continue Reading
0
1.7K Views


Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Barcelona-based SaaS startup Stockagile raises $2.5 million to help small retailers manage the omnichannel experience
Nickie Louise Posted On July 12, 2022


Stockagile, an omnichannel management software designed to optimize and streamline inventory and sales management for SMEs, has raised $2.5 million (€2.5 million) in fresh funding led by Pan-European venture capital firm, Nauta Capital. Other backers include 4Founders Capital, Angels, Juan Roig’s investment firm part of […]


Continue Reading
0
1.6K Views


Featured  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Grocery delivery tech startup Gopuff lays off 10% of its global workforce; closes 76 U.S. warehouses
Daniel Levi Posted On July 12, 2022


Grocery delivery tech startup Gopuff announced today it is cutting off 10% of its global workforce and closing 76  warehouses in the United States, the company said in a letter to investors. The announcement comes just two months after the Pennsylvania-based startup received […]


Continue Reading
0
1.4K Views


Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Alibaba’s fresh grocery delivery startup Freshippo to raise $500 million at a lower valuation of $6 billion
Nickie Louise Posted On July 12, 2022


Alibaba Group’s grocery chain Freshippo (also known as Hema in Chinese) is considering raising funds at a valuation of about $6 billion, which is $4 billion lower than the $10 billion valuation the startup had hoped for back in January of this […]


Continue Reading
0
1.4K Views


Featured  / Robotics  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
China’s XPeng Robotics raises $100 million in funding to bring smart robots to every household
Daniel Levi Posted On July 12, 2022


We’ve made great strides over the past few decades. A combination of new technological advancements like artificial intelligence, quantum computing, and robotics, is delivering that were once thought impossible. Last September, XPeng Robotics, a robotics arm of the Chinese EV maker XPeng, […]


Continue Reading
0
1.3K Views


Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Europe’s most valuable fintech startup Klarna raises $800M in down round; valuation plunges to $6.7 billion from $45.6 billion a year ago
Nickie Louise Posted On July 12, 2022


In a sign that the Buy Now, Pay Later (BNPL) market is beginning to cool off, Europe’s most valuable fintech startup Klarna announced it has raised a massive $800 million in down round funding at a $6.7 billion valuation, an 85% plunge from $45.6 […]


Continue Reading
0
1.1K Views


Featured  / Robotics  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Israeli robotics startup Wonder Robotics launches smart autonomous drone solution with $4M seed round led by Elron Ventures
Nickie Louise Posted On July 11, 2022


In just a decade, what started out as a hobby for many drone enthusiasts has turned into a multi-billion dollar industry. The growing demand for drones from organizations and the government has pushed the global drone market to an estimated $100 billion industry. […]


Continue Reading
0
1.5K Views


Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
London-based VC Pario Ventures launches a $53.5M fund to help startups struggling to raise funds during a recession
Daniel Levi Posted On July 11, 2022


Tech layoffs have ramped up in recent weeks as companies struggle to deal with the global economic downturn. As we reported late last month, at least 22,000 workers in the U.S. tech sector have been laid off in mass job cuts […]


Continue Reading
0
1.4K Views


Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Twitter hires a top legal firm to sue Elon Musk over failed $44B deal even as Musk mocks the company with a laughing meme
Nickie Louise Posted On July 11, 2022


Twitter Inc. has hired and assembled heavyweights Wachtell, Lipton, Rosen & Katz to represent the company after Musk pulled out of $44 billion deal, according to a report from Yahoo Financial News, citing people familiar with the matter. On Friday, […]


Continue Reading
0
1.2K Views


Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Brazilian fintech startup Creditas buys Andorra’s Andbank after raising $200 million in new funding
Nickie Louise Posted On July 8, 2022


Creditas, the second biggest fintech startup in Brazil, is buying a bank and a mortgage startup after raising $200 million in new funding from investors. The announcement comes just six months after the SoftBank-backed startup raised $260 million in funding at a valuation […]


Continue Reading
0
1.4K Views