In software development, observability refers to keeping watch over all of an app’s components, from mobile and web clients to backend infrastructure. Given how critical this sort of visibility into a system can be for developers, not to mention a broader organization, it’s unsurprising that tools to help achieve greater observability remain in high demand. […]... →
French startup moka.care has raised a new $16 million Series A funding round (€15 million). The company is focused on mental well-being in the workplace. It offers a full-fledged service that sits in between employees and HR departments. Left Lane Capital is leading today’s funding round. Existing investor Singular is participating once again. VC firm […]... →
Swedish payment giant Klarna is going to cut hundreds of jobs in the coming days. Today’s news comes a few days after the Wall Street Journal reported that the company was going to cut its valuation in order to raise fresh capital. The company currently employs around 7,000 people. Cutting 10% of the company’s workforce […]... →
1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $25 million in a new financing round as it attempts to expand the reach of brands and neighborhood stores among consumers. The three-year-old startup’s Series B financing was led by Alpha Wave Global, Info Edge Ventures and […]... →
Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is 3:1. The used cars market isn’t only enormous in Egypt. It is the same in almost every ‘large populace’ country […]... →
BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told TechCrunch that it has closed $36.8 million in a Series B round led by Sequoia Capital India, not long after it […]... →
No one likes a down round. They are dilutive, messy and demoralizing. But they are also miles better than not raising money and dying, so companies raise them when required.... →
The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Today, Near — a data intelligence company that has amassed 1.6 billion anonymized user profiles attached to 70 million locations in 44 countries […]... →
Today, we're taking a close look at the pitch deck that helped BoxedUp founder David Boone raise the company's first round of institutional capital.... →
Reflecting the growing investor interest in HR technology startups, Fetcher, the talent acquisition platform formerly known as Scout, today closed a $27 million Series B funding round led by Tola Capital with participation from G20 Ventures, KFund, and Accomplice. The new money — $7 million in debt and $20 million in equity — brings the […]... →
Employee churn is one of the biggest challenges facing organizations working in competitive environments. Today a startup is launching with a new product to add to the artillery of tools that HR people are using to combat that. Keep Financial is building a platform to help employers provide retention bonuses in the form of forgivable […]... →
Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Unusual Ventures, Bow Capital, and Swift Ventures also participated, bringing Heartex’s total capital raised to $30 million. Co-founder and CEO Michael Malyuk said that […]... →
Masterschool, which describes itself as a “network of tech career-training schools,” today announced that it has raised a $100 million seed funding round (yes, that’s correct — a $100 million seed round). The round was led by Group 11, with participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and a number […]... →
In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]... →