Startups
‘Keep Lex filthy’: Users react to queer dating app’s new direction
Lex, the hookup and social app that launched in 2019 with a nod to lesbian personal ads from the ’80s, is changing. Only, precisely how much will change is still an open question. Sure, the venture-backed startup behind the...
Startups
Battery darling Our Next Energy lands massive $300M Series B to build gigafactory
Battery startup Our Next Energy announced this morning that it closed a massive $300 million Series B in an effort to get its $1.6 billion gigafactory up and running.
The new round values the company at $1.2 billion post-money, marking...
Startups
The Team Slide is the most important slide in a startup pitch deck
So why on god's green earth do y'all keep screwing this up so badly?
When a startup graduates and becomes a “real” company, with hundreds of employees and the first inklings of large amounts of revenue, you could argue that...
Startups
Daily Crunch: Marqeta acquires fintech infrastructure startup Power Finance for $275M
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Kicking off the week, we’ve been thoroughly enjoying Runa Sandvik’s story about how U.S. police use digital...
Startups
VC funding to Black web3 founders popped last year, bucking trends
Much hope remains after the crypto winter almost froze the sector: the Luna crash, the bankruptcy of Celsius and the arrest of FTX founder Sam Bankman-Fried for alleged fraud. Then there was the venture pullback amid an economic downturn.
In 2021,...
Startups
The latecomer advantage in startups
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
Sometimes, due to the nature of the startup game, we...
Startups
Daily Crunch: Stripe responds to report that it seeks to raise $2B with a terse ‘no comment’
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Well, it’s Friday again. And as the Equity pod team noted today, “You could be Wasted and...
Startups
Warner Bros. swiped our Harry Potter wand IP, says Kano
Kano, the venture-backed U.K. startup known for its build-your-own computer kits and software for teaching coding and associated STEM skills, has accused Warner Bros. of copying one of its products and infringing on its intellectual property (IP).
The product in question is...
Startups
Daily Crunch: Berlin-based design platform Kittl raises $11.6M Series A to take on Adobe and Canva
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Did you know you can buy 3D printed key caps to replace, say, your escape key with...
Startups
European smart thermostat startup Tado raises $46.9M after IPO plans falter
Smart home energy startup Tado has raised €43 million ($46.9 million) in a round of funding led by Trill Impact Ventures, as the company pursues plans to become profitable in 2023.
The raise comes a year after the German company...