Building a decentralized bank for micro businesses in Latin America

In Barranquilla, Colombia, Edinson Flores has run a small, family-owned fast-food business for many years. But…

Indian startups laid off over 10,000 employees in the first six months of 2022

As investors put pressure on startups in India to cut costs, employees are collateral damage. In…

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…

Donald Sadoway wins European Inventor Award for liquid metal batteries

MIT Professor Donald Sadoway has won the 2022 European Inventor Award, in the category for Non-European…

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…