Meghan Hind Contributor Meghan Hind is an operations analyst for SOSV. Her role includes gathering and analysing data on SOSV portfolio companies and syndicate investors, managing the funds’ databases and CRM, and reporting SOSV’s quarterly investments to external data providers. On Earth Day, April 22, SOSV published the SOSV Climate Tech 100, a list of
Month: June 2021
Shiran Shalev Contributor Shiran Shalev is a principal at Battery Ventures, where he focuses primarily on software and consumer investments, including fintech. More posts by this contributor Why Breach Detection Is Your New Must-Have, Cyber Security Tool Aaron Rinberg Contributor More posts by this contributor Amazon’s one-two punch: How traditional retailers can fight back Lior
French startup Ledger has raised a $380 million Series C funding round led by 10T Holdings. Following today’s funding round, the company has reached a valuation of $1.5 billion. Other investors in the funding round include existing investors Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, Korelya Capital and Wicklow Capital. Some new investors
Apple announced a batch of accessibility features at WWDC 2021 that cover a wide variety of needs, among them a few for people who can’t touch or speak to their devices in the ordinary way. With Assistive Touch, Sound Control, and other improvements, these folks have new options for interacting with an iPhone or Apple
Jumpcut founder Kartik Hosanagar is a professor at the Wharton School, but about ten years ago, he spent his summer in an unlikely way: he wrote a screenplay. Set in India, his script garnered some interest from producers, but no one took the plunge to fund a film by a first-time Indian director. Now, films
We’re digging into the final IPO prices set by fintech unicorn Marqeta and enterprise productivity unicorn Monday.com this morning. Briefly, it’s good news. A small programming note: The Exchange is off next week. I am taking some time to do nothing other than eat, read books and lose at lawn games. Regular service will resume
Today, former President Donald Trump issued a statement supporting the Nigerian government’s decision to suspend Twitter activities in the West African country. “Congratulations to the country of Nigeria, who just banned Twitter because they banned their President,” he said in the statement. The ex-president also encouraged other countries to follow in Nigeria’s footsteps and ban
When companies are considering buying a particular software service, they typically want to test it in their own environments, a process that can be surprisingly challenging. TestBox, a new startup, wants to change that by providing a fully working package with pre-populated data to give the team a way to test and collaborate on the
You may have heard of payments startup Paddle which has raised $93.3m or perhaps Heroes which raised $65M to become the “Thrasio of Europe” but you might not have heard so much about a backer of these startups, Fuel Ventures, at least not yet. That’s about to change as Fuel Ventures comes out of the
Microsoft will soon launch a dedicated device for game streaming, the company announced today. It’s also working with a number of TV manufacturers to build the Xbox experience right into their internet-connected screens and Microsoft plans to bring build cloud gaming to the PC Xbox app later this year, too, with a focus on play-before-you-buy
This spring, Facebook confirmed it was testing Venmo-like QR codes for person-to-person payments inside its app in the U.S. Today, the company announced those codes are now launching publicly to all U.S. users, allowing anyone to send or request money through Facebook Pay — even if they’re not Facebook friends. The QR codes work similarly
A bat-shaped organic photovoltaic module from Dracula Technologies Internet of Things devices are proliferating, making daily tasks more convenient for many people—but that comes at cost. The United Nations expects the amount of e-waste created globally to reach 52.2 million metric tons this year, and a sizable portion of that are dead batteries. Dracula Technologies,
Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomerate enters the digital consumer space. The firms didn’t share the financial details of the deal, but a person familiar with the matter
President Joe Biden is reducing some uncertainty faced by Chinese tech companies in the United States, erasing parts of the Trump-era legacy. The president signed an executive order revoking actions targeting TikTok and WeChat put forward by former President Donald Trump, according to a statement released by the White House on Wednesday. Instead, President Biden
Last year, Seattle-based network security startup ExtraHop was riding high, quickly approaching $100 million in ARR and even making noises about a possible IPO in 2021. But there will be no IPO, at least for now, as the company announced this morning it has been acquired by a pair of private equity firms for $900
French startup Yousign has raised a $36.6 million Series A funding round (€30 million). Lead Edge Capital is leading the round and eFounders is investing once again in the company. Yousign, as the name suggests, is an e-signature provider that complies with European regulation on digital signatures. While the company was originally founded in 2013,
Google today launched the second beta of Android 12. The first beta, which launched at Google’s I/O conference in May, introduced us to the first glimpses of Google’s new ‘Material You’ design system, though many of the promised new features and design tweaks weren’t part of this first beta yet. With this new beta, Google
Community has never felt louder in startupland. Bringing people together over a shared interest is innate to human nature. And, coming out of a lonely, draining pandemic, every startup wants to find a way to cultivate community, conversation and camaraderie as part of its value proposition. Last week, though, the outside world got a look
Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. Ringle created a niche for itself by focusing on adults first, with courses like business English and interview preparation. The South Korea-based startup announced today it has raised an $18 million Series A led by returning investor Must Asset Management,
As Apple hosts their annual Worldwide Developers Conference, Instagram and Facebook chose this moment to pilot their first-ever Creator Week. This three-day event is geared toward aspiring and emerging digital creators, complete with 9:45 AM virtual DJ sets and panels on “Algorithm Mythbusting” and raising “zillions for a nonprofit you care about.” During the first
Human resources is generally a salient cornerstone of any organization, but digitization has democratized a lot of the work that goes into HR, and that’s meant more people in businesses interested in, and using, the kind of data that HR people build and typically manage. Today, a startup called ChartHop that’s built a platform to
End-to-end encrypted email service ProtonMail has refreshed its design, updating with a cleaner look and a more customizable user interface — including the ability to pick from a bunch of themes (dark and contrasting versions are both in the mix). Last month the Swiss company officially announced passing 50M users globally, as it turned seven
With the upcoming release of iOS 15 for Apple mobile devices, Apple’s built-in search feature known as Spotlight will become a lot more functional. In what may be one of its bigger updates since it introduced Siri Suggestions, the new version of Spotlight is becoming an alternative to Google for several key queries, including web
Swedish battery developer and manufacturer Northvolt AB has raised $2.75 billion in capital as it prepares to ramp up to an annual production capacity of 150 GWh in Europe by 2030. The funding round – Northvolt’s largest thus far – was co-led by existing investors Goldman Sachs and Volkswagen, and new investors including the Swedish
The startup investing market is crowded, expensive and rapid-fire today as venture capitalists work to preempt one another, hoping to deploy funds into hot companies before their competitors. The AI startup market may be even hotter than the average technology niche. This should not surprise. In the wake of the Microsoft-Nuance deal, The Exchange reported
Todd Klein Contributor Todd Klein is a partner at Revolution Growth, a VC fund that invests in growth-stage companies. During his 20-year career, Todd has been involved in financing and building over 150 venture and growth-stage companies in the media, consumer, technology, education and healthcare sectors. Ending years of debates over environmental sustainability, the United
Twilio Segment announced a tool, which is available starting today, to help marketers create fine-grained customer journeys. Up until now the company has enabled marketers to build buyer personas and broader audiences, but this enables users to have much greater control of their interactions with a customer. Company co-founder and CEO Peter Reinhardt says that
Remote work was the order of the day for the past 16 months, but as we (fingers crossed) move out of the pandemic, it’s looking like a lot of people may move into a new era of hybrid work: less focus being present in offices to feel like you are getting things done, less time
The European Union has been digging into the competition implications of AI-powered voice assistants and other Internet of Things (IoT) connected technologies for almost a year. Today it’s put out a first report discussing potential concerns that EU lawmakers say will help inform their wider digital policymaking in the coming years. A major piece of
Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” into their services by way of APIs — has made yet another acquisition in its global march to scale up its business and compete more squarely with Twilio. The company today announced that it has
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