Crypto crash causing startups to scale down operations

The plunge in the cryptocurrency market is weighing on the software-development community that spawned over 1,000 digital coins. ETCDEV, the startup that led development on Ethereum Classic, which is among the top 20 coins with a market capitalization of about $400 million, announced this week … Continue reading →

Edtech startup Aceable raises $47M

Edtech startup Aceable best known for the app that helps people earn their driver's license has announced it raised $47 million in Series B. The round, which was led by Sageview Capital, brings the company’s total known funding up to $55.7 million. The Austin-based startup has focused … Continue reading →

Anthill Studio accelerator showcase seven startups

City-based investment and speed scaling platform for early growth stage startups, Anthill Ventures, along with film production and distribution firm, Suresh Productions, on Wednesday announced the conclusion of of its Anthill Studio accelerator programme with seven media and entertainment … Continue reading →

Salesforce to invest in Japan startups

Salesforce said Wednesday that it has formed a $100 million fund through a venture capital investing entity of its Japanese unit to invest in emerging Japanese developers of cloud-based services. The amount represents about 10% of its global spending of $1.2 billion. Salesforce's move comes on … Continue reading →

Insuretech Startup Bright Health raises $200M

Bright Health, a Minneapolis-headquartered provider of affordable individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee, has raised $200 million Series C. The company was founded by the former chief executive officer … Continue reading →

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