Facebook’s Blood Donations feature arrives in US, will alert donors in times of need

Facebook today is expanding its set of features focused on blood donations. The company since 2017 has been working with blood donation centers worldwide that have been able to use the platform to reach potential donors and then reach out to them in times of need. Now, Facebook is bringing its Blood Donations feature to […]

What top VCs look for in women’s fertility startups

Investors are starting to pour millions into women’s health tech. Does your startup have what it takes to get their attention? Sarah Buhr @sarahbuhr / 20 hours A number of promising women’s health tech companies have popped up in the last few years, from fertility apps to ovulation bracelets — even Apple has jumped into […]

Diving deep into Africa’s blossoming tech scene

Jumia may be the first startup you’ve heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in African tech. The continent has an expansive digital innovation scene, the components of which are intersecting rapidly across Africa’s 54 countries and 1.2 billion people. […]

Biofourmis raises $35M to develop smarter treatments for chronic diseases

Biofourmis, a Singapore-based startup pioneering a distinctly tech-based approach to the treatment of chronic conditions, has raised a $35 million Series B round for expansion. The round was led by Sequoia India and MassMutual Ventures, the VC fund from Massachusetts Mutual Life Insurance Company. Other investors who put in include EDBI, the corporate investment arm […]

DNA Script picks up $38.5 million to make DNA production faster and simpler

DNA Script has raised $38.5 million in new financing to commercialize a process that it claims is the first big leap forward in manufacturing genetic material. The revolution in synthetic biology that’s reshaping industries from medicine to agriculture rests on three, equally important pillars. They include: analytics — the ability to map the genome and […]

Vertex Ventures hits $230M first close on new fund for Southeast Asia and India

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed by sovereign wealth fund Temasek, today announced a first close of $230 million for its newest fund, the firm’s fourth to date. Vertex raised $210 […]

After criticism over moderator treatment, Facebook raises wages and boosts support for contractors

Facebook has been repeatedly (and rightly) hammered for its treatment of the content moderators who ensure the site doesn’t end up becoming a river of images, videos and articles embodying the worst of humanity. Those workers, and the hundreds (if not thousands) of other contractors Facebook employs to cook food, provide security and provide transportation […]

Dear Hollywood, here are 5 female founders to showcase instead of Elizabeth Holmes

Joseph Flaherty Contributor More posts by this contributor Why the ‘end of the startup era’ could be great for entrepreneurs Invisible unicorns: 35 big companies that started with little or no money There’s a seemingly insatiable demand for Theranos content. John Carreyrou’s best-selling book, “Bad Blood,” has already inspired an HBO documentary, The Inventor; an ABC podcast called […]

Unshackled Ventures has $20M to invest exclusively in immigrant founders

Unshackled Ventures isn’t like other venture capital funds. The firm invests in immigrant founders and helps them secure visas so they can ditch their corporate job and launch the startup of their dreams. Today, Unshackled is announcing its sophomore fund of $20 million, topping its debut effort by $15.5 million. “The point is to take […]

Flume Health is an insurance administrator cutting costs by pre-approving prices and paying on-demand

Cedric Kovacs-Johnson launched Flume Health after watching his own family struggle with payments for his sister’s surgery. “When we looked at who was calling the shots [on prices] it was this litany of service providers that was unknown to us and the cost was unknown to us until we got the bill weeks later,” says […]