On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last year

Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in “mainly secondary investment” — from a mix of existing and new investors. Its blog post nam…

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Snapchat officially introduces its paid subscription at $3.99 per month

Snapchat officially launched its paid subscription plan called Snapchat+ today that will offer exclusive features like the ability to change the app icon and being able to see which people have rewatched your Stories. Earlier this month, the firm confirmed that it’s testing this feature witho…

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Hyundai reveals the IONIQ 6 EV sedan, the eagerly-anticipated follow-up to its IONIQ 5

Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated followup to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details such as the IONIQ 6’s price range, and production run size until the vehicle’s world pre…

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Trigo bags $10M for computer-vision-based checkout tech to rival Amazon’s ‘Just Walk Out’

While Amazon continues to expand its self-service, computer-vision-based grocery checkout technology by bringing it to bigger stores, an AI startup out of Israel that’s built something to rival it has picked up funding and a new strategic investor as a customer. Trigo, which has produced a co…

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Cannabis and digital health startup Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health startup Sanity Group has closed a $44.2 million Series A financing round led by Swiss VC Redalpine along with U.S.-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of cannabis funding in Europe t…

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FamPay, a fintech aimed at teens in India, raises $38 million

How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out. Bangalore-based FamPay said on Wednesday it has raised $38 million in its Series A round led by Elevation Capital. General Catalyst, Rocketship VC, Greenoaks Capital …

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HBCUvc’s new million-dollar fund wants to give overlooked investors a track record

HBCUvc, a nonprofit organization that wants to diversify the world of venture by rooting itself in historically Black colleges and universities, nearly shut down last year. Founder Hadiyah Mujhid met with her team, an entirely Black and Latinx staff, and warned them that they only had two months le…

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Early-stage venture firm The Fund launches in Australia

The Fund, the early-stage investment firm focused on pre-seed and seed startups, is going Down Under for its latest expansion. The Fund was founded in New York in 2018, before launching in Los Angeles, London, the Rockies and the Midwest, too. Co-founder Jenny Fielding, who is also managing directo…

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Novo, a neobank for SMBs, banks $41M

Small businesses have traditionally been underserved when it comes to IT — they are too big and have too many requirements that can’t be met by consumer products, yet are much too small to afford, implement or thoroughly need apps and other IT build for larger enterprises. But when it c…

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BrowserStack valued at $4 billion in $200 million BOND-led funding

Yet another SaaS startup, which began its journey in India, has attained the much-coveted unicorn status. BrowserStack, a startup that operates a giant software testing platform, said on Wednesday it has raised $200 million in a new financing round that valued the 10-year-old firm at $4 billion. BO…

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Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone

Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and…

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