Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo include Force Over Mass, Matt Robinson […]
TrueFort snares $30M Series B to expand zero trust application security solution
As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focusing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with […]
A Chinese EV startup wants to build a ridable robot unicorn for kids
Never mind buying a robot dog for your kids — you might just get them a mythical creature instead. Chinese EV maker Xpeng has teased a robot unicorn meant for children to ride.
UK offers cash for CSAM detection tech targeted at E2E encryption
The U.K. government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegal material, as part of its ongoing policy push around internet and child safety. In a […]
We must subsidize and regulate space exploration
Space can and should be about much more than giving the 1% another Instagrammable moment and increasing the wealth of the billionaires who provide the service.
TikTok, influencers on the clock
Alex Wilhelm is on a well-deserved vacation this week, so for the Equity Wednesday deep dive, we took the conversation to Twitter Spaces.
Dear Sophie: When can I apply for my US work permit?
My husband just accepted a job in Silicon Valley. His new employer will be sponsoring him for an E-3 visa. How soon can I apply for my U.S. work permit?
Notion acquires India’s Automate.io in push to accelerate product expansion
Notion said on Wednesday it has acquired Automate.io, an Indian startup that builds connectivity and integrations with over 200 services, as the workplace productivity startup looks to accelerate its product expansion to become more compelling for tens of millions of individuals and businesses that are increasingly moving to digital collaborative tools. The San Francisco-headquartered startup, […]
New leAD Sports & Health, Tavistock Group fund comes as sport tech market poised for double-digit growth
The new fund comes as the global sports technology market is poised to grow at a compounded annual growth rate of 17.5% to reach $40.2 billion by 2026.
Leap Finance raises $55 million to help Indian students study abroad, plans international expansion
Hundreds of thousands of teenagers and young adults get on flights each year from India to a foreign land to pursue higher education. Upon landing, they face myriad challenges. One big one: They don’t have a local credit history, so they can’t avail a range of financial services, including a loan or a credit card […]