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Technology

Homebase raises $70M for a team management platform aimed at SMBs and their hourly workers – 98bmp

Small and medium enterprises have become a big opportunity in the world of B2B technology in the last several years, and today a startup that’s building tools aimed at helping them manage their teams of workers is announcing some funding that underscores the state of that market. Homebase, which provides a platform that helps SMBs manage various services related to their hourly workforces, has closed $70 million in funding, a […]

todayJuly 29, 2021 1

Technology

Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu – 98bmp

Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean sneaker reselling platform KREAM (another SoftBank Ventures Asia portfolio company), Altos Ventures and JAFCO. Launched in 2018, SODA runs SNKRDUNK, […]

todayJuly 29, 2021 4

Technology

Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund – 98bmp

When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones, deal with fluctuations in demand and price instability. Aruna was created to bring them closer to customers like restaurants and […]

todayJuly 22, 2021 1

Technology

Epic Games acquires Sketchfab, a 3D model sharing platform – 98bmp

New York-based startup Sketchfab has been acquired by Epic Games, the company behind Fortnite and Unreal Engine. Sketchfab has been building a platform to upload, download, view, share, sell and buy 3D assets. Essentially, it is the leading repository for 3D files on the web. Epic Games isn’t disclosing the terms of the deal. Sketchfab will still operate as a separate brand and offering. Epic Games also says that all […]

todayJuly 21, 2021 1

Technology

Employee mental health platform Oliva raises $2.2M pre-seed round led by Moonfire Ventures – 98bmp

Just as many other employee services have gone digital, so too is mental health. In the consumer space there are growing startups like Equoo, but the race is now on for the employee. And since telemedicine has gone digital and video-based, so too is mental health provision. A number of companies are already playing in this space, including Spill Chat, On Mind, Lyra Health, Modern Health, Ginger and TalkSpace For […]

todayJuly 21, 2021 1

Technology

Netflix Could Add Games to Its Platform Within the Next Year

Following months of speculation, Netflix has signaled its intent to move into gaming after confirming the hiring of Mike Verdu, a major figure in the gaming industry with high-level experience at the likes of Facebook-owned Oculus, Electronic Arts,  Zynga, and Atari. Verdu is being brought in to build and lead a team at Netflix geared toward game publishing, the video streaming giant confirmed to multiple media outlets on Wednesday, July […]

todayJuly 15, 2021 1

Technology

Amazon launches its mobile-first Kindle Vella serialized story platform – 98bmp

Steve Dent is an associate editor at Engadget. As it promised last month, Amazon has launched its serialized fiction Kindle Vella store that lets you unlock episodic, self-published stories via in-app purchases. The new platform is a way for readers to discover new fiction and a new way for authors to generate revenue from the Kindle Direct Publishing service. While the name might suggest otherwise, Kindle Vella isn’t available on Amazon’s Kindle e-readers. Rather, […]

todayJuly 14, 2021 1

Technology

Ex-Plaid employees raise $30M for Stytch, an API-first passwordless authentication platform – 98bmp

There are far fewer annoying things than managing one’s passwords. There are a bunch of companies out there to help you attempt to do that. And there’s also a number of companies that want to go a step further and eliminate the password completely. One such company, Stytch, just raised $30 million in a Series A round of funding as it launches out of beta with its API-first passwordless authentication […]

todayJuly 14, 2021

Technology

Real estate platform Casafari raises $15M to allow PE to buy single-family homes at scale – 98bmp

Just a Spotify used VC and PE backing to acquire the assets of the music industry so that we must now all rent our music via subscription, rather than own it for life, so a PropTech startup plans to follow a similar strategy for single-family homes. Casafari, a real estate data platform in Europe based out of Lisbon, Portugal, has raised a $15 million Series A funding round led by […]

todayJuly 7, 2021 1

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