Business

The electric vehicle startup Fisker has filed for Chapter 11 bankruptcy protection after facing numerous issues that undermined its operations. In a comprehensive timeline, the events that ultimately led to this outcome are documented.…
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The burgeoning tech ecosystem in Iceland received a major boost this month with the closing of an $87 million funding round by local venture capital firm Frumtak Ventures. This fourth venture fund, oversubscribed from its initial target,…
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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, 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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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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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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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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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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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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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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