Manufacturing startup Divergent 3D reduces staff by one-third

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Replacing plastic with plant pulp for sustainable packaging attracts a billionaire backer

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Levelset raises $30 million to improve money management for contractors in construction

Scott Wolfe, chief executive officer of Levelset, the New Orleans-based money management and payment startup for contractors in the construction industry, always thought he’d be in the grocery business. His family owned a number of grocery stores around New Orleans and he was readying himself to go into the family business when Hurricane Katrina hit. […]

Zoom, the profitable tech unicorn, prices IPO above range

Zoom, a relatively under-the-radar tech unicorn, has defied expectations with its initial public offering. The video conferencing business priced its IPO above its planned range on Wednesday, confirming plans to sell shares of its Nasdaq stock, titled “ZM,” at $36 apiece, CNBC reports. The company initially planned to price its shares at between $28 and […]

AI accelerator Zeroth bags investment from digital media firm Animoca

Asia-based accelerator program Zeroth is getting a major infusion of capital after digital media company Animoca Brands agreed to invest over $3 million into its businesses. Animoca is listed on the ASX with a market cap of around $40 million. It is best known for its range of mobile games which include the Doraemon and Garfield […]

Airwallex raises $80M for its international payment service for businesses

Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round. Based out of Melbourne, but with six offices in Asia and other parts of the world, Airwallex’s new funding round is the second-largest financing deal for an […]