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May 25, 2023 • 4min

Daylight, the LGBTQ+ neobank, calls it quits

Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 24, 2023 • 5min

Episode Six raises $48M to streamline payment processes

Episode Six, a global payments and banking infrastructure provider, today announced that it raised $48 million in a Series C funding round led by Avenir with participation from Anthos Capital.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 24, 2023 • 3min

Modular app-building platform Buildier.ai raises $250 million Series D funding

It was only recently that we reported Buildier.ai had signed a strategic collaboration with and undisclosed investment from Microsoft.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 23, 2023 • 6min

Restaurant365 gobbles up $135M to supersize its software for the food service industry

The price of food continues to go up and up, but surprisingly that hasn’t (yet?) played out as pressure on the wider restaurant industry.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 22, 2023 • 5min

With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups

Yet another early-stage VC fund has closed in Europe this week, as Elkstone finalized a €100 million ($108 million) pot aimed at Irish startups.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 22, 2023 • 5min

SoftBank rebrands Opportunity Fund, will invest $150 million in Black and Latino-led startups

The new fund hopes to deploy the $150 million within three years, and has appointed Paul Judge as its managing partner. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 19, 2023 • 4min

Stability AI open sources its AI-powered design studio

Stability AI, the AI startup behind the text-to-image model Stable Diffusion, this week announced the release of StableStudio, an open source version of DreamStudio, Stability AI’s commercial AI-powered design suite. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 19, 2023 • 6min

Union AI raises $19.1M Series A to simplify AI and data workflows with Flyte

Union AI, a Bellevue, Washington–based open source startup that helps businesses build and orchestrate their AI and data workflows with the help of a cloud-native automation platform, today announced that it has raised a $19.1 million Series A round from NEA and Nava Ventures.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 18, 2023 • 4min

Swiggy’s food delivery business reaches profitability

India’s Swiggy said on Thursday that its food delivery business has become profitable, eclipsing its publicly-listed rival Zomato on another key metric a day before the firm is set to report its quarterly earnings.  Learn more about your ad choices. Visit podcastchoices.com/adchoices
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May 18, 2023 • 6min

Wefox secures new funding at $4.5 billion valuation as it aims for profitability

Wefox, the German insurtech startup, has closed a new funding round from existing investors.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

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