Startups

Nigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator

Startups /

Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, […]

Nigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator Read More »

Why investors just bet $85M on this Indian company’s generic drug strategy

Startups /

With over 400 million chronic patients, India is one of the world’s largest medicine markets. But while most e-pharmacies chase speed, affordability remains the real challenge. Truemeds took a different route: helping patients switch to lower-cost substitutes, a bet now paying off with new funding at about four times its previous valuation. The six-year-old startup

Why investors just bet $85M on this Indian company’s generic drug strategy Read More »

The computer science dream has become a nightmare

Startups /

Well, the coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights what’s happening on the ground. The

The computer science dream has become a nightmare Read More »

IPO hopeful Brex scored major win to sell in the EU, plans UK expansion

Startups /

Financial services provider Brex on Thursday announced that it achieved a major milestone: it is now licensed in the European Union. That means it can now directly issue credit and debit cards and offer its spend management products to any business in all 30 EU countries with “no workarounds required,” as co-founder and CEO Pedro

IPO hopeful Brex scored major win to sell in the EU, plans UK expansion Read More »

Figma’s IPO success is ‘a little bit of a meme stock,’ says Sapphire Ventures’ Jai Das

Startups /

Figma managed something rare in today’s market: it survived a failed Adobe acquisition, stayed independent, and went public on its own terms. But its post-IPO performance tells a more complex story about startup exits in 2025. “This is a little bit of a meme stock,” said Jai Das, president and partner at Sapphire Ventures, on

Figma’s IPO success is ‘a little bit of a meme stock,’ says Sapphire Ventures’ Jai Das Read More »

A top designer was banned from Dribbble. Now he’s building his own competitor.

Startups /

Dribbble has permanently banned dozens of designers from its platform following a new effort to pivot to a marketplace and chase monetization. This includes one of the platform’s most well-known designers, Gleb Kuznetsov, founder of the San Francisco-based design studio Milkinside. Dribbble deleted his account with its over 210 million followers because he shared his contact information with prospective clients through

A top designer was banned from Dribbble. Now he’s building his own competitor. Read More »

OpenMind wants to be the Android operating system of humanoid robots

Startups /

Many companies are focused on building robots, or the hardware components to help them move, grip objects, or interact with the world around them, Silicon Valley-based OpenMind is focused under the hood. OpenMind is building a software layer, OM1, for humanoid robots that acts as an operating system. The company compares itself to being the

OpenMind wants to be the Android operating system of humanoid robots Read More »

Lina Khan points to Figma IPO as vindication of M&A scrutiny

Startups /

A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma’s impressive first day of trading and argued the IPO is “a great reminder that letting startups grow into independently successful businesses, rather than be

Lina Khan points to Figma IPO as vindication of M&A scrutiny Read More »