Tech News

Posted on January 18, 2023

Women-founded startups raised 1.9% of all VC funds in 2022, a drop from 2021

Last year, U.S. startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated, according to the latest PitchBook data. That percentage is a

Posted on January 18, 2023

Wastewater recycler Membrion makes light work of removing heavy metals

PureTerra, a venture firm that aims to fund “disruptive water technologies,” is pumping millions into Membrion so the Seattle startup can mass-produce its wastewater treatment tech. Membrion claims its ceramic

Posted on January 18, 2023

Wallapop, the circular marketplace out of Spain, raised $87M more at a $832M valuation led by Korea’s Naver

Wallapop, a peer-to-peer marketplace based out of Barcelona that made a splash at the peak of the Covid-19 pandemic with consumers who were looking for more localized, less wasteful, and more eco-friendly routes for

Posted on January 18, 2023

Wikipedia gets its first makeover in over a decade…and it’s fairly subtle

Wikipedia, one of the world’s top 10 most visited websites, and a resource used by billions every month, is getting its first makeover on the desktop in over a decade. The Wikimedia Foundation, which runs the

Posted on January 18, 2023

Ethereum’s shift to proof-of-stake draws increasing institutional interest

Ethereum’s shift from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022 increased interest in staking across a number of parties — including institutions. The success of the Merge propelled Ethereum from

Posted on January 18, 2023

This gentle drone collects loose DNA from swaying tree branches

Understanding the biodiversity of forests is crucial to their conservation or restoration. Collecting “external DNA” left behind by animals is a good way to find out what lives there without having to spot them or

Posted on January 18, 2023

Sequoia injects $195 million into an ever-eager seed environment

Sequoia Capital, a storied venture capital firm, announced today that it has raised $195 million for its fifth, dedicated seed fund. The vehicle will be used to back founders across the United States and Europe, as

Posted on January 18, 2023

Losing the horn: VCs think majority of unicorns aren’t worth $1 billion anymore

The past few years have been a rollercoaster for the startup world’s herd of unicorns. Two years ago, we saw a record number of companies cross the $1 billion valuation milestone. But that momentum slowed to a

Posted on January 18, 2023

DOJ charges founder of crypto exchange Bitzlato for processing $700M of illegal funds

In a press conference on Wednesday, the U.S. Department of Justice announced that it has arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato, for allegedly processing over $700 million of illicit funds.

Posted on January 18, 2023

Lidar companies face a ‘make it or break it’ year

That nagging deja vu feeling kept creeping in earlier this month during CES 2023 in Las Vegas. At every turn, in the newly constructed West Hall at the Las Vegas Convention Center, and even amid the crowded startup