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Business
Startup valuations reach record highs amid signs venture slump is easing
After a challenging period for venture capital backed businesses over the past two years, startup valuations have recently rebounded to pre-pandemic levels according to new data. While deal volumes remain below average, investors appear…
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Nala Raises $40 Million to Fuel Global Growth of Digital Payments Platform
Nala, a leading digital payments company, today announced it has raised $40 million in a Series A funding round led by San Francisco-based Acrew Capital. This injection of capital will fuel Nala's ambitious plans to build new financial…
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Paytm Allots Over 2.8 Lakh Additional Stock Options
In a move to reward employees, digital payments leader Paytm has expanded its employee stock ownership plan by allocating more than 2.8 lakh shares. As per an exchange filing, the Nomination and Remuneration Committee approved allotting…
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Crypto Scammers Defraud User of $1.7 Million in Coinbase Phishing Scam
In a disturbing series of events, a crypto investor recently found themselves on the receiving end of a sophisticated phishing attack, resulting in the theft of $1.7 million worth of digital assets. According to reports, the victim received…
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Noplace social app rises to top as biotech funding surges
A new entrant to the social media space, the app noplace, achieved sudden success this week by reaching the number one spot on the Apple App Store. The app offers a unique take on online networking by allowing users to customize their…
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AI Automation Firm Grabs $15M to Reshape Corporate Consulting
An emerging Chicago startup has raised $15 million to bring a new era of "Consulting 2.0" to businesses. Quantum Rise uses artificial intelligence to streamline operations and guide companies through their digital transformations.…
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Crypto Startup Tokens US Bonds on Bitcoin Layer-2 for Stable Yield
A new crypto startup has introduced tokenized versions of US Treasury bonds that utilize layer-2 protocols on the Bitcoin network. This allows investors exposure to the stable yields of government bonds alongside the operational benefits of…
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Former Tesla Executive Details New Approach to Venture Capital and Developing Startups In-House
In a recent interview with TechCrunch, McNeill shared insights into his new firm DVx Ventures' unique take on venture capitalism. As co-founder and partner of DVx, McNeill is pioneering an inventive "VC 2.0" model that eschews traditional…
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Tesla And Lyft Veteran Shares Insights Into Building Startups In House
A recent episode of TechCrunch's Equity podcast featured an insightful discussion with Jon McNeill, co-founder and partner of venture capital firm DVx Ventures. With decades of experience leading operations at iconic companies like Tesla…
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Biotech Startup Granza Bio Secures $7 Million Seed Round to Advance Cancer Treatment Delivery
In a compelling story of scientific serendipity, oncology researcher Ashwin Nandakumar and molecular immunologist Ashwin Jainarayanan crossed paths and discovered a shared passion for advancing cancer therapies. While pursuing their…
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