Category: Startups
How Homage is tackling Southeast Asia’s growing eldercare need
The world’s population is aging, but the needs of elderly people are still being underserved. A United Nations report found that older people make up more than one-fifth of the population in 17 countries, and by 2100, a majority of the world’s population, or 61%, will be aged 60 and…
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Bustle Digital Group lays off staff of The Outline as part of broader cuts
Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen staffers today. That includes eliminating the entire staff of The Outline, a culture site that it acquired a year ago. In a statement, a BDG spokesperson said the company will continue…
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OctoML raises $15M to make optimizing ML models easier
OctoML, a startup founded by the team behind the Apache TVM machine learning compiler stack project, today announced that it has raised a $15 million Series A round led by Amplify, with participation from Madrone Ventures, which led its $3.9 million seed round. The core idea behind OctoML and TVM…
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The pendulum will swing away from founder-friendly venture raises
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning brought fresh economic bad news for the US economy, with over 700,000 jobs lost in the latest report, despite the window of time measured not including some of…
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Longtime VC Neil Sequeira: funding founders without in-person meetings is ‘quite difficult’
Neil Sequeira was a managing director with General Catalyst for more than 13 years before co-founding early-stage firm Defy several years ago with another veteran of the industry, Trae Vassallo, who’d spent the dozen years prior with Kleiner Perkins. We caught up with Sequeira yesterday afternoon and discussed whether he’s…
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Forward Partners launches Forward Advances, a revenue-based finance solution for startups
Forward Partners, the early-stage venture fund and startup studio, has long offered something a little different to the U.K’s tech startup ecosystem, and today the VC is continuing that trend with the launch of “Forward Advances,” a revenue-based finance solution for startups that need to bolster marketing. Aimed at “fast-growing”…
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