Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s…
During Native American Heritage Month, Here are Some of the Most Exciting Native-run Startups in the US
This month America celebrates Native American Heritage Month with a host of online and in-person events, covering historic issues, culture and modern politics affecting the country’s 562 tribes. The problems facing Native…
Restaurant Tech Firm Toast Reaches $8bn Valuation After Cutting Staff
Toast, a Boston-based restaurant point-of-sale (POS) tech startup, has soared to an $8 billion valuation just seven months after slashing staff numbers by half. Toast laid off 1,300 staff this April amid…
Milan’s Kampaay Wins $689,000 for Digital Events Platform
Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…
Spotify Buys Megaphone for $235m
Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…
Cellwize Raises $32m Round to Accelerate 5G Adoption
Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…
Ayar Labs Raises $35m Series B To Push “Chiplet” Technology
American chip-processing starting Ayar Labs has secured a $35 million Series B funding round, to help grow its novel I/O-replacement technology. The Emeryville, California-based firm received the round from co-leaders Downing Ventures…
Wall Street Tech Stocks Face Slide No Matter Who Wins Election
Tech stocks are expected to fall following tomorrow’s US Presidential election – no matter who emerges victorious. Incumbent Donald Trump faces Democrat challenger Joe Biden for the country’s leadership. Yet despite the…
Financing Startup Wayflyer Wins $10.2m Seed Funding
Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product…
Genius Quiz App Raises $2m; Seeks Far More for E-Learn Scale
Genius Quiz App, an e-learning venture from one of India’s startup stars, has won $2 million in seed funding from a constellation of Indian and American angel investors. The firm is the…