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Tech News

  • Posted on May 8, 2023

PermitFlow advances construction permitting automation with $5.5M in new capital

PermitFlow, a San Jose-based startup developing software for developers and general contractors to streamline the construction permit application and management process, secured $5.5 million in seed funding. The

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  • Posted on May 8, 2023

Are Mainframes an Indicator of Banking Reliability?

There is a decent chance that banks using mainframes prioritize low risk, while banks that do not may be more willing to take unreasonable risks. With people currently concerned about where to put their money

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  • Posted on May 8, 2023

Go1 snaps up speed reading app Blinkist to expand in enterprise learning

After raising $100 million at a valuation of over $2 billion last year, the Australian ed-tech startup Go1 is making an acquisition and getting some investment to expand its reach and technology to serve the market

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  • Posted on May 8, 2023

Invesco cuts Swiggy valuation by half to $5.5 billion

Invesco, which led Swiggy’s previous round, has marked down the Indian food delivery giant’s valuation in its holding to about $5.5 billion, according to a filing. This revised valuation, as of January 31, 2023,

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  • Posted on May 8, 2023

Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for $350-400M

Qualcomm’s longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology is getting a significant push today: the company announced that it is acquiring

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  • Posted on May 8, 2023

Elizabeth Holmes, left to her own devices

Critics are flaming the New York Times today for posting what they say is an overly empathetic 5,500-word profile of Theranos founder Elizabeth Holmes earlier this morning. But writer Amy Chozick is in on the con.

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  • Posted on May 8, 2023

3one4 Capital, driven by contrarian bets, raises $200 million new fund

Partners of 3one4 Capital, a venture capital firm in India, recently went on a road show to raise a new fund. Within two and a half months, at the height of the worsening global economy, they had secured $200

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  • Posted on May 7, 2023

NFX’s James Currier: Where unicorn ideas come from and why founders ‘have to keep pivoting’

Are you a seed-stage founder who’s building a unicorn? NFX Founding Partner James Currier would like to save you some time: Startups that grow into billion-dollar companies have three basic forms of defensibility.

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  • Posted on May 7, 2023

Space startups need to start preparing for a post-Starship world

SpaceX’s super-heavy launch system Starship is poised to fundamentally reshape the space economy. The 394-foot-tall vehicle, which took to the skies for the first time last month, is designed to carry a staggering

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  • Posted on May 7, 2023

The fintech space continues to be competitive and drama-filled

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the

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