Techmeme: Skael, which provides no-code automation tools for enterprises, raises a $38M Series A led by RTP Global, bringing its total funding to $42M (Kyle Wiggers/VentureBeat)

Top News

Queenie Wong / CNET:

Trump Media & Technology Group debuts Truth Social on the US App Store, where the free app hit No. 1; some users got errors or were waitlisted when signing up — Some people who downloaded the social media app received error messages when they tried to create an account. Others were placed on a waitlist.

Emily Nicolle / Bloomberg:

Crypto exchange FTX.US launches FTX Gaming, a gaming unit offering “crypto-as-a-service” for game companies to launch tokens and add NFT support — Crypto exchange FTX is launching its own gaming unit, aimed at encouraging more game publishers to embrace cryptocurrencies, blockchain networks and non-fungible tokens.

More: The Verge, Blockworks, CoinDesk, Decrypt, City A.M., Cointelegraph, Coinspeaker, and The Block

Annie Palmer / CNBC:

Despite billions spent over 15 years, Amazon's grocery strategy is unprofitable and incoherent; Numerator: Amazon and Whole Foods had 2.4% US share in December — - Amazon's grocery endeavors have cost many billions of dollars over the past 15 years but have yet to yield a coherent strategy.

Tweets: @epro

Jeanny Yu / Bloomberg:

Tencent shares fell 5.2% on Monday as Chinese tech stocks had their worst two-day drop since July 2021, amid fears of impending Chinese regulatory crackdowns — Chinese technology shares had their worst two-day drop since July due to renewed fears Beijing may roll out more restrictions for private enterprise.

More: Cointelegraph. Tweets: @schuldensuehner and @pelstrom

Allison Johnson / The Verge:

Samsung Galaxy S22 Ultra review: great performance, improved cameras, and welcome S Pen support, but lackluster battery and unflattering night selfie portraits — A worthy Note successor that stands alone — Phones in a flagship lineup have come to feel like variations on a theme.

More: AppleInsider, Gizmodo, Android Authority, Phandroid, DXOMARK, Android Headlines, Tom's Guide, PCMag, Engadget, and ZDNet

Kyle Wiggers / VentureBeat:

Skael, which provides no-code automation tools for enterprises, raises a $38M Series A led by RTP Global, bringing its total funding to $42M — No-code platforms, which let users create apps leveraging tools that don't require programming knowledge, are gaining popularity in the enterprise as their value becomes apparent.

More: SiliconANGLE, FinSMEs, and Yahoo Finance

Bloomberg:

Nigerian fintech Tingo, which processes ~$4B in e-commerce transactions annually, seeks $500M to expand in Africa; Tingo, valued at $6.3B, plans an IPO in H1 — Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter — Tingo Inc, which does most of its business in Nigeria …

Liz Hughes / IoT World Today:

Palo Alto-based Motorq, a connected-car data analysis service for businesses, raises a $40M Series B led by Insight Partners — Motorq's platform helps fleet managers improve efficiency while reducing costs — Motorq has raised $40 million to advance its connected vehicle platform.

More: FinSMEs, GlobeNewswire News Room, Motorq, and Global Fleet

Tatiana Bautzer / Reuters:

Brazil-based Sólides, which offers HR management software to over 12,000 Brazilian businesses, raises $100M from Warburg Pincus — Private equity firm Warburg Pincus has invested $100 million in Brazilian human resources startup Solides for an undisclosed minority stake …

More: Warburg Pincus and LABS English

Rashi Shrivastava / Forbes:

Check, which provides payroll digitization software, raises a $75M Series C led by Stripe, bringing its total funding to $119M and valuing the startup at $725M — As startups increasingly embed payroll into their software products, Check, a three-year-old startup that provides software tools …

More: checkhq.com. Tweets: @forbes, @ericstromberg, and @forbes

Ingrid Lunden / TechCrunch:

PrimaryBid, which helps companies include ordinary retail investors in IPOs and follow-on fundraises, raises a $190M Series C led by SoftBank's Vision Fund 2 — Thanks to the growth of fintech, financial services like investing are getting ever more accessible to the wider population of consumers.

More: Insider, Tech.eu, Crowdfund Insider, Coinspeaker, Finextra, and AltFi. Tweets: @ingridlunden. Thanks:@ingridlunden

Catherine Shu / TechCrunch:

Philippines-based PayMongo, which enables merchants to accept digital payments, raises a $31M Series B, following a $12M Series A in 2020 led by Stripe — Philippines-based fintech PayMongo, which enables merchants to accept digital payments, announced today it has raised $31 million …

More: DealStreetAsia, Tech in Asia, and Forbes. Tweets: @helloceebs

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