The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by veterans from Unity, Microsoft and EA that is building a new platform for creators to build immersive games, and related communities around like-minded people, is […]
Global Processing Services adds $100M to its coffers to grow its embedded finance and API payments platform
Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group tapping that technology through APIs to build customer-facing businesses. Today, one of the bigger players on the core technology side — Global Processing Services — […]
Fintech Farm nabs $7.4M to launch neobanks in Nigeria and other emerging markets
Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 million in seed funding. The company said it plans to use the investment to launch neobanks in eight countries over the next 24 months. Flyer One Ventures and […]
MycoWorks, making leather from fungi, closes $125M to scale production
The company touts its Fine Mycelium process as the only mycelium engineered to be made-to-order and made-to-specification.
With funding from top investors, Gameto is aiming to delay — even eradicate — menopause
With every year, more scientists and academics are very specifically trying to lengthen the lifespan of humans and ensure that those extra years are worth living. Some of these teams are focused on detecting cancer earlier as a means of extending longevity; some are working to improve people’s metabolism. A small but growing group is […]
Pendulum raises $5.9M to help organizations track harmful narratives
Pendulum helps companies, governments and other organizations track harmful narratives on social media platforms and elsewhere on the web. The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others. The service was incubated inside Madrona Venture Labs. “Pendulum’s platform applies […]
Voyant raises $15M to scale production of its tiny, inexpensive lidar tech
The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values. As long as lidars are sandwich-sized devices that cost thousands, they won’t be ubiquitous — so Voyant has raised some cash to bring its smaller, cheaper, more easily manufactured, yet still […]
India’s GlobalBees joins unicorn club for its Thrasio-like house of brands
GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands. Premji Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed […]
Nigeria’s Teesas secures $1.6M, to expand across Africa and launch tutor marketplace
After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas, which now offers video classes and other digital educational material for learners in Nigeria. Teesas, which was launched less than […]
Skio raises $3.7M to help brands on Shopify sell subscriptions
Skio, a startup that aims to take the pain out of selling subscriptions for brands on Shopify, has raised $3.7 million in a seed funding round. Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. He describes Skio as a fintech and an infrastructure company as a pivot […]