Month: April 2022

European Union lawmakers have taken a step closer to agreeing rules to standardize how a range of mobile gadgetry is charged. Today MEPs in the European Parliament’s internal market and consumer protection (IMCO) committee adopted their position on a Commission proposal announced last fall, ahead of a full vote by the parliament next month to
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Everstage founders Vivek Suriyamoorthy and Siva Rajamani For sales reps, commission plans are often complicated and lack transparency, leading to accounting errors and frustration. Everstage, a sales commission platform, solves that, letting sales rep see exactly how much they earned. It also has features to estimate how much commissions they can potentially make from their
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As consumers’ interest in the environment and nutrition rises, food-tech companies join the race to invent meat alternatives. In 2021, alternative seafood companies received $175 million in investment globally, increasing 92% from 2020. A South Korean startup called CellMEAT, which develops cell-based shrimp, has secured $8.1 million (10 billion KRW) Series A funding to compete
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When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. PowerPoint has over one billion installs and 500 million users alone, thanks to Microsoft’s longtime bundling of Office with certain Windows editions. But this hasn’t stopped startups from trying to disrupt the status quo. Besides Prezi, there’s Pitch,
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Local IPO pays off for merged entity of Indonesian trailblazers Gojek and Tokopedia Alex Wilhelm Anna Heim 17 hours GoTo, the combined entity resulting from the merger of Gojek (an Indonesian ride-hailing player) and Tokopedia (an Indonesian e-commerce company), raised around $1.1 billion (IDR15.8 trillion, per the company) in its public-market debut on the Indonesia
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Instagram is adding the ability for users to create and donate to fundraisers directly from Instagram Reels, the app’s short-form video feature and TikTok rival. The feature was announced alongside a series of updates across Meta’s platform and services designed to celebrate Earth Day, including custom stickers for Instagram and Messenger, profile frames for Facebook, conservation-focused
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Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Series B round led by Tiger Global Management with participation from Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone. CEO Jonathan Friedman says that the proceeds will be
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Watching Elon Musk and others attempt to buy Twitter got me thinking about the time Salesforce wanted to purchase the social media platform. Back in 2016, around the time of Salesforce’s Dreamforce Conference in San Francisco, rumors ran rampant that the company was ready to spend $20 billion to purchase Twitter. It would eventually back off when investors
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The digital transformation of banking and payments services is a red-hot trend that’s shown no signs of slowing down. Banking-as-a-service (BaaS) products like Synapse, Unit, and Bond have helped fuel the shift by allowing companies to quickly spin up new financial services using APIs. NovoPayment is a global BaaS startup based in Miami that has largely been focused
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Tokio Marine, a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around the world.   The Palo Alto-based CVC fund will write checks worth between $500K and $3 million into seed, Series A rounds across sectors including
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CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expand its product offerings and talent base, including some to double down on compliances in the world’s second largest internet market. Steadview and existing backer Pantera
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The value of later-stage startups is in decline, data indicate. This particular market movement isn’t a surprise, but the scale of the contraction is worth noting. Forge Global, a secondary market for private-company shares, “said the prices of companies on its platform had fallen 19.9 per cent in February and March compared with the fourth
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