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  • Revolut raises $500 million at a $5.5 billion valuation

    Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t sharing names. Previous investors include […]

    February 24th, 2020 07:00 PM

    VC firm Oxx says SaaS startups should avoid high-risk growth models

    Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Launched in 2017 and headquartered in London and Stockholm, Oxx pitches itself as one of only a few […]

    February 24th, 2020 06:47 PM

    Forensic Architecture redeploys surveillance-state tech to combat state-sponsored violence

    The specter of constant surveillance hangs over all of us in ways we don't even fully understand, but it is also possible to turn the tools of the watchers against them. Forensic Architecture is exhibiting several long-term projects at the Museum of Art and Design in Miami that use the omnipresence of technology as a way to expose crimes and violence by oppressive states.

    February 24th, 2020 06:38 PM

    Mirantis co-founder launches FreedomFi to bring private LTE networks to enterprises

    Boris Renski, the co-founder of Mirantis, one of the earliest and best-funded players in the OpenStack space a few years ago (which then mostly pivoted to Kubernetes and DevOps), has left his role as CMO to focus his efforts on a new startup: FreedomFi. The new company brings together open-source hardware and software to give […]

    February 24th, 2020 06:22 PM

    Venmo prototypes a debit card for teenagers

    Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a debit card connected to their account. That could potentially let parents set spending notifications and limits while giving kids more flexibility in urgent situations than a few dollars stuffed in a […]

    February 24th, 2020 04:29 PM

    Homie CEO resigns after allegations of sexual harassment from job applicant

    Jordi Greenham, the co-founder and CEO of Mexican long-term rentals startup Homie, has resigned after a sexual harassment investigation was carried out by the company’s ethics board. On February 14, Homie launched an investigation into allegations of sexual harassment against Greenham, according to a corporate Facebook post. The message followed reports of sexual harassment that […]

    February 24th, 2020 04:18 PM

    Huawei’s ill-fated foldable returns with a more robust upgrade

    MWC may have been canceled on account of rising coronavirus concerns, but the party still went on for Huawei (albeit to what appears to have been a mostly empty room). A year after wowing crowds with the Mate X, the company is introducing the Mate Xs. Rather than a proper successor, the device appears to […]

    February 24th, 2020 04:14 PM

    Max Q: How to build a Starship

    Busy week for SpaceX: funding, space tourism and next-gen spacecraft. There's also a space station resupply mission coming up, and its first human spaceflight mission is imminent.

    February 24th, 2020 04:10 PM
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