Manas Mishra / Reuters: Ophelia, whose telemedicine platform helps treat people struggling with opioid addiction, raises $50M led by Tiger Global at a $275M valuation — Digital health startup Ophelia has raised $50 million in a funding round led by Tiger Global to beef up its telemedicine platform that provides treatment …
Author: Sophia
Manish Singh / TechCrunch: Nykaa, an Indian e-commerce company for beauty products, rose 89% in its Indian market debut after raising $721M in its IPO, gaining a valuation of $13B — Fashion commerce firm Nykaa rose as much as 89% on its Indian market debut Wednesday, gaining a valuation of $13 billion in the nation’s first women-led unicorn listing.
Sharon Pruitt-Young / NPR: FBI issues an advisory to athletes attending the 2022 Winter Olympics and Paralympics in China to take burner phones and warns against the official MY2022 app — Athletes on their way to the 2022 Winter Olympics have a new item to add to their packing list: a burner phone.
Kate Kaye / Protocol: A look at AI tools built by sales and customer service software companies like Uniphore and Sybill to detect human emotions, as Zoom unveils Zoom IQ for Sales — Virtual sales meetings have made it tougher than ever for salespeople to read the room. So, some well funded tech providers …
Ingrid Lunden / TechCrunch: Sigfox, a French startup that raised $300M+ to build a communications network for IoT devices, files for bankruptcy, citing slow sales and supply chain issues — We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France.
Ingrid Lunden / TechCrunch: ControlUp, which helps IT teams monitor and improve desktop computing performance across disparate networks, raises $100M — Remote and hybrid work have become the norm in business, and today a startup that’s building tools to improve how desktop computers behave in those scenarios is announcing …
Casey Newton / Platformer: ApeCoin DAO allows Yuga Labs to talk up the virtues of decentralization while also enjoying the benefits of centralization like collecting all the profits — Tokens like the new one from Bored Ape Yacht Club promise to decentralize the web. So why are insiders reaping most of the profits? — I.
Bloomberg: Sources: FanCraze, a marketplace for cricket NFTs previously known as Faze Technologies, is raising a $100M Series A led by B Capital and Insight Partners — An online platform for trading officially-licensed digital cricket collectibles, is raising about $100 million in a new funding round …
Sarah Perez / TechCrunch: AllTrails, an app with 40M+ downloads and 1M+ paid subscribers that provides resources for hikers, bikers, and climbers, raises $150M from Permira — Following a COVID-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors …
Mitchell Clark / The Verge: Stephen Wilhite, one of the lead creators of the GIF, has died at 74; Wilhite worked on the GIF while employed by CompuServe in the 1980s — It’s pronounced ‘jif’ — Stephen Wilhite, one of the lead inventors of the GIF, died last week from COVID at the age of 74, according to his wife, Kathaleen, who spoke to The Verge.