The technology industry in the U.K. pulled in almost $8 billion in funding so far this year, following a record-breaking $15 billion in 2020, Financial Times (FT) reported on Tuesday (March 16). Tech Nation — an entrepreneur network backed by the government — said in...
Audio-driven social media platform Swell announced its international launch ahead of the virtual SXSW festival, which runs March 16-20. “Swell is democratizing voice by enabling any-time audio conversations,” Swell Co-Founder and CEO Sudha Varadarajan, said in a Monday (March 15) press release. “While most social...
Entrepreneurs started fewer new businesses in February following a January surge and a record startup environment in 2020, according to the latest U.S. Census Bureau report released on Wednesday (March 10). Business applications overall decreased across all regions and industry sectors in February despite an...
It’s not easy being bootstrapped in a world full of venture capital (VC)-backed players. Bootstrapped players are capital-efficient, inventive and profitable nearly from Day One — that is if they want to stay in business on Day Two, Year Two and the subsequent years after...
Applications to start new U.S. businesses leaped in January, despite rising COVID-19 cases. Commerce Department data from last week indicated that new business applications surged 42.6 percent in the first month of the year, reaching a seasonally adjusted 492,133. In 2020, there were 4.3 million...
German eCommerce startup Berlin Brands Group (BBG) is embarking on a new plan to invest 250 million euros (about $302 million) into buying smaller companies, TechCrunch reported. BBG, according to the report, differs from other eCommerce companies in that it has built itself up from...
FinTech startup Plaid is looking at doubling its size in Europe, Bloomberg reported. The focus for the San Francisco-based company is now on broadening its global reach after an acquisition for $5.3 billion by Visa didn’t go through, the report stated. Plaid allows users to...
German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. “Being a family of founders, investing in entrepreneurship is an integral part of Delivery Hero’s...
Enterprise resource planning (ERP) banking platform FISPAN announced in a press release Thursday (Nov. 12) that it has joined Mastercard’s Start Path accelerator program. “We are thrilled to have been selected to take part in the Mastercard Start Path program and to be recognized alongside...