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ProducePay Secures $38M Investment to Address Produce Supply Chain Waste

Food waste represents a significant global challenge, with approximately 30% to 40% of the supply in the U.S. alone ending up in landfills. According to a United Nations report, nearly one-third of the world’s food is wasted annually, amounting to 1.3 billion tons and nearly $1 trillion in value.   Given the immense scale and […]

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Saleor, the open-source ‘headless commerce’ platform, concludes $8M funding round spearheaded by Target Global and Zalando

Saleor, a startup based in Poland and the U.S., renowned for its development of an open-source headless e-commerce platform used to construct online stores, has successfully secured an $8 million seed-extension round led by Target Global and e-commerce heavyweight Zalando. Joining the funding round were SNR VC Kevin Mahaffey, Cherry Ventures, and TQ Ventures. Saleor’s

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New Paris-Based Early-Stage VC Fund: Varsity

New Paris-Based VC Firm, Varsity, Raises €70 Million for Early-Stage Startups Varsity, a new venture capital firm emerging from stealth, has announced its inaugural fund. Founded by a former Société Générale executive and two seasoned VC investors from Serena Capital, Varsity has secured €70 million (approximately $75 million) in its initial close to support early-stage

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Early-stage UK VC Episode 1 Completes $95M Third Fundraising Round

Early-Stage European VC Firm Episode 1 Closes $95M Third Fund, Utilizes In-House Data Tools for Deal Sourcing London-based early-stage venture capital firm Episode 1 has successfully closed its third fund at £76 million ($95 million), marking a significant milestone in its journey. Established in 2013, Episode 1 has built a robust portfolio with exits from

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Nigerian edtech startup Klas, supported by Techstars, secures $1 million in funding to expand its online teaching platform globally.

Nigerian edtech startup Klas has secured $1 million in pre-seed funding, with Ingressive Capital leading the round and participation from Techstars, HoaQ, and various angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas provides a platform for users to create and sell e-books, courses, and live classes.   The platform encompasses essential

Nigerian edtech startup Klas, supported by Techstars, secures $1 million in funding to expand its online teaching platform globally. Read More »

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Motional Faces Investor Departure, Micromobility Company Files for Bankruptcy, and New Mobility Startup Achieves Unicorn Status

Synthetaic’s AI Unravels Mysteries of Chinese “Spy” Balloon Incident In a reminiscent nod to the Chinese “spy” balloon incident of 2023, where an airborne object of unknown origin traversed American airspace undetected before being intercepted by the U.S. Air Force, Synthetaic emerged as a pivotal player in unraveling its origins using satellite imagery.   This

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Navigating Cyberthreats: A Startup’s Primer on Threat Modeling and Proactive Security

Understanding Cyberthreats: A Comprehensive Guide to Threat Modeling and Proactive Security   In today’s interconnected landscape, cyberthreats loom large and ever-changing. For startups, neglecting digital security is not an option. Delaying action until a security breach occurs can result in significant financial losses and reputational harm. ExpressVPN recently teamed up with Linking Help, the NGO

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Attack surface management platform Ionix adds another $15M to its $27M Series A round

Ionix, formerly known as Cyberpion, aids enterprises in diminishing their attack surface by offering comprehensive insights into their overall security stance and software supply chain across on-premises, cloud, and third-party platforms and services. The company has recently augmented its previously disclosed $27 million Series A round with an additional $15 million in funding.   This

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Stellar Sleep App Secures Initial Funding to Uncover Root Causes of Chronic Insomnia among Users

Stellar Sleep, a pioneering startup offering a digital solution for managing chronic insomnia, has successfully secured $6 million in seed funding. In the United States alone, poor sleeping habits not only pose a substantial economic burden, amounting to hundreds of billions of dollars, but also contribute to severe health issues such as heart disease and

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How Latin American SaaS Startups Differ from Their US Counterparts

The uniformity of hipster coffee shops in Budapest, resembling those in Portland, Oregon, or São Paulo, Brazil, reflects the global reach of certain trends. However, beneath the surface, even seemingly identical elements can possess distinct characteristics.   Consider Software as a Service (SaaS), for example. Regardless of location, purchasing software in a box has become

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