Govly wants to make it easier for companies to spot federal contract opportunities
The U.S. government signs more than 11 million contracts a year worth a combined hundreds of billions of dollars, a veritable goldmine for vendors. But federal contracting is a notoriously tough landscape for companies to navigate because of the associated red tape and bureaucracy. Beyond applying to become eligible for
Read moreSweep aims to automate basic dev tasks using large language models
Developers spend a lot of time on mundane, repetitive tasks — and surprisingly little on actual coding. In Stack Overflow’s 2022 developer survey, 63% of respondents said that they devote more than 30 minutes a day searching for answers or solutions to problems — which adds up to between 333
Read moreSEC subpoenas PayPal over its USD-pegged stablecoin
Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from U.S. regulators. The payments giant said Thursday that it had received a subpoena from the Securities and Exchange Commission related to its U.S. dollar-pegged stablecoin, according to Reuters. TechCrunch has reached out
Read moreRevolut appoints new UK CEO as British banking license is still pending
Revolut, the fintech giant based in the U.K., has appointed a new CEO for its U.K. division. Francesca Carlesi will be in charge of Revolut’s division in its home country — Nik Storonsky remains the CEO of Revolut Ltd. It’s worth noting that today’s news comes as Revolut still doesn’t
Read moreBitwarden begins adding passkey support to its password manager
Bitwarden has added support for the more secure passkey login method. | Image: Bitwarden Bitwarden, one of our top picks for free password managers, is adding support for passkeys in the latest version of its browser extensions. Passkeys can use your device’s pin, face, or fingerprint for authentication, and are
Read moreXage Security raises $20M more to expand its security platform
While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion. And — at least anecdotally — Q3 deal flow seems
Read moreDashtoon uses AI to turn storytellers into comics artists
Dashtoon wants to make anyone with a story to tell into a comics artist, even if they can’t draw. It provides aspiring comics creator with a suite of generative AI tools, and a publishing platform that releases new episodes daily for impatient readers. To seed the platform, called Dashtoon Comic
Read moreKuva Space raises €16.6M Series A to scale hyperspectral imagery ambitions
Kuva Space, a hyperspectral imagery startup founded in Finland, has closed a €16.6 million ($17.6 million) Series A funding round as it looks to deploy up to 100 satellites by the end of the decade. The startup, formerly called Reaktor Space Lab, was founded in 2016 and spent its first
Read moreJapan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds
SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African VC firm Novastar Ventures’ future funds. Following the deal, SBI Holdings will take a minority stake in Novastar and get
Read moreA new generation of companies is moving on up in San Francisco
Ten years ago, Pear VC, then a tiny new venture firm, operated out of a nondescript office in Palo Alto that was enlivened by bright, computer-themed art. Last week, the outfit – which closed its largest fund to date in May – quietly inked a deal to sublease 30,000 square
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