Ritual lays off 16 percent of staff to “prepare for a recession”

Toronto-based food ordering and mobile pickup app Ritual has laid off 23 employees to “prepare for…

Impact Report is out: looking good in revenue and funding but not in the meaning of gender diversity

Startup Foundation and Startup Finland published a report that covers the Finland-based impact startups. These startups…

Nobody is shocked that this Kenyan food delivery startup failed after one year

Kune, a startup that caused a stir last year for its white founder’s claim of inventing…

Why the OnlyFans leaders are moving into Web3 avatars with NFT startup Zoop

Tim Stokely and RJ Phillips had a big unicorn with OnlyFans, and now they’ve turned their…

Global VCs are trying to keep startups warm during India’s funding winter

Marquee investors are trying to revive India’s startup scene. Matrix Partners India, which backs unicorns like…

Big tech’s new metaverse support group is betting on the future, even as economic priorities shift to the present

The Metaverse Standards Forum, a collection of big tech companies working to establish guidelines for metaverse…

Parallelz raises $3 million to challenge how app stores deliver, distribute apps

Toronto-based startup Parallelz has raised $3.8 million CAD ($3 million USD) in all-equity pre-seed funding led…

General Motors is using AI to speed up the vehicle inspection process

General Motors is bringing artificial intelligence into the vehicle inspection process. The automaker is making an…

He sold his mental-health startup to Airbnb, then relaunched it as a nonprofit with a bigger mission

As a graduate student at MIT, Rob Morris struggled with mental health. Today, he wants to…

Swedish startup raises $15M seed to stop firefighting bad data with the next generation data quality platform

Stockholm-based data reliability platform Validio has collected 15 million euros in a seed round led by…