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Tech News

  • Posted on April 4, 2023

Magnets and water net Magnotherm $6.9M seed round to kill hazardous refrigerants

A warming world is going to need a lot of cold drinks. Problem is, today’s refrigeration tech is anything but climate friendly. The way we cool our food and drink has barely changed in a century and the technology

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  • Posted on April 4, 2023

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp

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  • Posted on April 4, 2023

Fetcherr raises $12.5M to dynamically price airfare with algorithms

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. Coming from the

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  • Posted on April 4, 2023

Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10

Los Angeles-based startup Apex Space will launch its first satellite bus next January, part of its bet that spacecraft mass manufacturing will enable humanity’s greater expansion into the cosmos. The company will

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  • Posted on April 4, 2023

PayPal adds Apple Pay support for small merchants using Advanced Checkout

PayPal is adding new tools for small business owners including Apple Pay support at checkout, the option for customers to save their cards for this specific site, and access to IC++ pricing. Small and medium

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  • Posted on April 4, 2023

TikTok hit with $15.7M UK fine for misusing children’s data

TikTok has been issued with a fine of £12.7 million (~$15.7M) for breaching UK data protection law, including rules intended to protect children. The privacy watchdog, the Information Commissioner’s Office (ICO),

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  • Posted on April 4, 2023

Ensemble raises $100M debut fund to bet on startup teams — but not in the way you think

Almost any venture capitalist will say that they back startups based on the strength of the founding team. But what about the rest of a startup’s employees? New VC shop Ensemble thinks you need to go beyond the

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  • Posted on April 4, 2023

Everstream, which applies big data to supply chain management, raises $50M

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding.

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  • Posted on April 4, 2023

Erin Foster, Sara Foster form Oversubscribed Ventures to invest in consumer brands

Five years ago, entrepreneurs, sisters and Favorite Daughter clothing line co-founders Erin Foster and Sara Foster were helping people find their perfect professional and friend matches while co-leading creative for

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  • Posted on April 4, 2023

Strivacity, which helps companies build secure login flows, nabs $20M

Identity and access security issues are increasingly top of mind for companies. According to a recent Verizon survey, 61% of all breaches now involve credentials — whether they be stolen via social engineering or

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