Just a year after raising funding from a secondary market, Flexport announced on Monday it has raised $935 million in the late-stage funding round led by Andreessen Horowitz and MSD Partners with a strategic investment from Shopify. The Series E round, […]
Metaverse has taken the world by storm since Facebook changed its corporate name to Meta in October 2021. Since then, venture capital firms and global investors looking for opportunities to invest in the next big winners have poured billions of dollars […]
A year after its $14 billion IPO, dating app startup Bumble finally makes its first acquisition. Bumble announced on Monday it has acquired France’s Fruitz, a freemium dating app popular among Gen Z and used across Europe. The financial terms of the deal were not […]
Happy Sunday! Here’s the past week in a review just in case you missed some of the top technology and startup news. Here are the most popular stories on TechStartups for the week of January 30, 2022. Sign up to receive […]
On August 7, 2015, Terra Nullius minted what’s now widely believed to be the first non-fungible token (NFT) on the Ethereum blockchain. According to a post on Reddit, it appears that Nullius built the project to allow users to stake […]
Yesterday, the fundraising website GoFundMe removed a fundraiser for Canada’s “Freedom Convoy” protest against the country’s COVID-19 policies. In a statement released Friday that it will withhold any donations made to support the Canadian anti-vaccine truckers and their allies. Although GoFundMe […]
Boston-based Regent first made a splash in early 2021 when the tech startup announced the world’s first electric seaglider, a 100 percent all-electric vehicle that’s partly an aircraft and a hydrofoil boat. The vehicle uses wing-in-ground-effect technology to travel at an […]
It looks like the diversity recruiting platform Canvas.com is going to have to change its brand and domain name after losing the second round of a legal battle with Salt Lake City, Utah-based Instructure. Late last year, Instructure, which offers a learning […]
UK marketing technology company SegmentStream has attracted seed funding worth $2.7 million, which the company announced in January 2022. Identified as lead investors for this seed capital round were Fort Ross Ventures, a seven-year venture capital fund based in Israel […]
The non-fungible token (NFT) boom that started early last year continues without any sign of slowing down. NFTs have become one of the undisputed success stories of the last year. From relatively meager sales under $100 million in 2020, NFT […]
Thanks to advances in artificial intelligence and machine learning, speech recognition technologies such as Amazon Alexa, Google Assistant, Microsoft Cortana, and Apple Siri in iPhone are changing the way we interact with our devices, homes, cars, and jobs. The first speech […]
Early this week, we wrote about FTX after the crypto exchange startup raised $400M in new funding. The deal gives the startup an eye-popping valuation of $32 billion, up from $25 billion in October 2021 when we covered the company. At […]
TTTech Auto, a Vienna, Austria-based tech startup that provides software platforms for automated driving, has raised $285 million in funding co-led by Auto technology supplier Aptiv PLC and Volkswagen AG’s Audi brand. The latest round gives the four-year-old startup a valuation of $1 billion, […]
What you need to know • A new report says Apple’s privacy changes have erased some $278 billion from the market value of four social media companies. • Apple updated its iOS in 2021 so that users have to opt-in […]
UK-based distributed ledger company, Millicent announced the latest funding raise from one of the government’s most prestigious and competitive research and development grants. The blockchain company was awarded the UK Research and Innovation (UKRI) Innovate UK SMART Award with an […]
StudyTube, a leading Dutch online learning and development platform, said today it has a leading Dutch online learning and development platform Springest. The total amount of the deal was not disclosed. StudyTube said the acquisition will position the company to become a market leader […]
Cryptocurrency platform Wormhole made headlines yesterday after hackers breached its network stealing more than $320 million from its site in the second-largest DeFi hack ever. As we reported yesterday night, hackers exploited the Wormhole network, one of the biggest bridges between […]
With many issues facing our world today, businesses and big corporations are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Over the past few years, some of these companies […]
In August last year, we wrote about a DeFi theft involving Polygon after hackers exploited the interoperability protocol on Binance Smart Chain stealing more than $600 million from at least three wallet addresses. The exploit was the largest DeFi hack ever […]
Tech companies spring up all over the world and many companies eventually look to expand their operations to other countries. Sobirovs Law Firm is showing the world that Canada should be the destination for your tech company’s business expansion! Canada for […]
