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Tech News

  • Posted on May 23, 2023

Sequoia India’s Surge backs AI-powered video creation platform Gan.ai in $5.2M funding

As many as 91% of consumers want to see more videos from brands, according to a recent survey by the startup Wyzowl, which says it surveyed more than 500 respondents. Google meanwhile reported in 2019 that 55% of

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  • Posted on May 23, 2023

South African challenger bank TymeBank raises $77.8M from Norrsken22 and Blue Earth Capital

South African digital banking platform Tyme has raised $77.8 million in a pre-Series C round led by African-focused growth stage fund Norrsken22 and Swiss global impact investment firm Blue Earth Capital. TymeBank

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  • Posted on May 23, 2023

Collaborative Fund and the Wyss Institute partner to bridge the climate tech ‘valley of death’

For pretty much every startup, there’s a perilous period that occurs after things are up and running but the money isn’t flowing. Called the “valley of death,” the conundrum is especially challenging for climate

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  • Posted on May 23, 2023

Max makes its debut in the U.S. to give subscribers 35K hours of content

Warner Bros. Discovery (WBD) launched Max to U.S. subscribers on Tuesday, giving them access to 35,000 hours of content—more than double the amount that HBO Max offered. Beginning today, a large portion of HBO Max

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  • Posted on May 23, 2023

Matrix Partners expands new India fund to $525 million

Matrix Partners India has extended the target size for its current fund to $525 million, from $450 million it disclosed earlier, joining a burgeoning roster of venture capital funds intending to deploy in excess of

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  • Posted on May 23, 2023

E3 Capital and Lion’s Head climate fund hits first close at $48M to back African startups

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital, and emerging markets-focused investment bank Lion’s Head Global Partners, has hit the first close at $48.1 million. The E3LCEF

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  • Posted on May 23, 2023

Modular app-building platform Buildier.ai raises $250 million Series D funding

It was only recently that we reported Buildier.ai had signed a strategic collaboration with and undisclosed investment from Microsoft. Builder’s “Natasha” AI will be shortly available to users of Teams. But it

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  • Posted on May 23, 2023

Cutting your cloud spend? Consider sharing your bill data internally

Naveen Zutshi Contributor Share on Twitter Naveen Zutshi is the chief information officer of Databricks. Previously, he was the chief information officer of Palo Alto Networks. As budgets tighten, leaders are

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  • Posted on May 23, 2023

The Shein-Reliance India alliance could offer inspiration for Chinese startups

Shein is partnering with Reliance to re-enter India, a strategy which, if proven viable, could set an example for startups grappling with the China backlash amid rising geopolitical tensions. The China-founded,

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  • Posted on May 23, 2023

Artifact news app introduces emoji reactions and flagging articles as clickbait

Instagram founders’ news app Arifact launched a new set of features Monday, allowing users to report clickbait articles, react with emojis and share articles as images. The clickbait flag feature now lets you mark

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