Flex is going after a niche it says traditional FinTech has ignored: the mid-market business owner. With a new $60 million Series B, it’s launching an elite card to become their “private bank.”
According to Uber’s CFO, the company’s market penetration in the US sits at just 15%, matching its average across its top 10 countries. This surprising stat highlights Uber’s focus on growth in suburban “sparser markets” and grocery delivery partnerships. The company is also expanding into AI traini
Nabu Casa is the for-profit company founded in 2018 by Home Assistant creators Paulus Schoutsen and Pascal Vizeli. It funds the open-source project through optional subscriptions and hardware sales, making the smart home platform more accessible while keeping it independent.
Indiegogo is launching a new “Express Crowdfunding” format in early February. It allows creators to ship products while a campaign is still live, addressing a major pain point for backers and companies.
Discord is letting users buy digital game items without ever leaving the app. The first partner is the hit game Marvel Rivals, which pulled in over $100 million in its first month.
Logan Brown left a corporate law job at Cooley to launch Soxton, a tech-first legal service for startups. The company has raised $2.5 million in pre-seed funding and offers services starting at $20 a month, aiming to replace the shaky legal advice founders get from ChatGPT.
Amsterdam-based Volve Capital has closed its first fund at €9 million after a year of fundraising. The VC, founded by entrepreneurs Joost Bijlsma and Maurits Hovius, is targeting pre-Seed, pre-revenue startups in the Benelux and DACH regions.
Lausanne-based Saporo has secured €7 million in Series A funding to scale its graph-native identity security platform. The company argues that current ITDR tools create a “false sense of security” by showing too many attack paths without providing a way to systematically fix them. This round, led by
New analysis from HSBC reveals OpenAI faces staggering financial challenges despite massive growth. The company needs $207 billion more for computing and won’t turn profitable until after 2030, raising questions about AI’s economic viability.
NcodiN is developing optical interposers with integrated nanolasers to overcome electrical interconnect limitations in AI systems. The funding will accelerate industrialization and help establish a Silicon Valley presence.
