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Author: nripn
The Ultrahuman Ring Pro is back in the U.S. market. After months of import restrictions and an estimated $50 million in lost sales, the Bengaluru-based health-tech startup has secured customs approval for its flagship Ultrahuman Ring Pro and is preparing a full-scale American relaunch. Ultrahuman Ring Pro Clears U.S. Customs After Import Ban U.S. Customs and Border Protection approved the Ultrahuman Ring Pro less than a month after its global debut at the end of February 2026. This approval follows a ruling by the U.S. International Trade Commission in October 2025 that sided with Oura, blocking Ultrahuman from importing its…
Compliance Startup Delve Faces Allegations of Fabricating Certifications Delve, a compliance startup backed by Y Combinator, has recently disabled the “book a demo” option on its website amid serious allegations of providing fake certifications to its clients. These accusations were brought to light in a Substack post by an anonymous whistleblower known as “DeepDelver,” who claims to be a former client of the company. According to the whistleblower, Delve—which reached a valuation of $300 million during its Series A funding round last year—purportedly fabricated compliance data to mislead its customers. The implications of this scandal have evidently prompted Insight Partners…
Bengaluru’s Swish Secures $38 Million in Series B Funding Swish, a food delivery startup based in Bengaluru, has successfully raised $38 million in its latest funding round, signaling strong investor interest in its unique 10-minute fresh food delivery service. Founded just 18 months ago, the company is quickly making a name for itself in the competitive food delivery landscape. Funding Round Details and Valuation Surge The Series B funding round was spearheaded by Hara Global and Bain Capital Ventures, with additional participation from notable investors such as Accel, Stride Ventures, and Alteria Capital. Following this investment, Swish’s valuation has soared…
Emil Michael Discusses Government-Industry Tensions in New Podcast Interview Emil Michael, a senior technology official at the Department of Defense (DoD), has recently re-entered the spotlight as the government grapples with its ongoing conflict with Anthropic. A newly released podcast interview provides an in-depth glimpse into Michael’s perspective on this dispute, as well as reflections on his time at Uber and the circumstances surrounding his departure from the company. Unpacking Michael’s Departure from Uber In the podcast, hosted by Joubin Mirzadegan of Kleiner Perkins, Michael discussed a wide array of topics, including both personal and professional history. The interview was…
Air Street Capital Secures $232 Million for Fund III London-based Air Street Capital has successfully raised $232 million for its third fund, targeting early-stage artificial intelligence companies across Europe and North America, the firm announced on Monday. Investment Strategy and Fund Size The fund will allocate investments ranging from $500,000 to $15 million, with selected growth investments potentially reaching up to $25 million. Under the leadership of Nathan Beniach, this fundraising effort positions Air Street as one of Europe’s largest solo venture capital funds. The firm has already made significant contributions to the AI sector, backing high-profile unicorns such as…
Russian Authorities Block Access to Paywall Bypass Site Archive.today Archive.today, a well-known paywall bypass website, along with several associated domains such as .is and .ph, has been blocked by Russian authorities. Visitors attempting to access the site encountered error pages as of Monday, as confirmed by TechCrunch’s tests from the U.S. East Coast. Russian users reported a message stating, “Access to the Internet resource is blocked by decision of the public authorities,” referencing Roskomnadzor, the agency responsible for internet censorship in Russia. This indicates a formal governmental decision to restrict access to the platform. While Roskomnadzor’s official statement listed Archive.is…
“LATAM FinTech investments decline 31% YoY as cautious investors rethink strategies, signaling a shift in the region’s financial landscape.”
Owner of Adult Creator Network OnlyFans Dies at 43 Leonid Radvinsky, the billionaire owner of the adult creator platform OnlyFans, has died at the age of 43 following a battle with cancer. The company confirmed the news on Monday, expressing deep sadness over his passing. A spokesperson noted that Radvinsky’s family has requested privacy during this time. Background and Early Ventures Hailing from Odesa, Ukraine, Radvinsky relocated to Chicago as a child, where he began his entrepreneurial journey in the adult streaming industry during his teenage years. His first significant venture, MyFreeCams, was launched in 2004 and set the stage…
WealthTech deal activity took a significant hit in 2025. The global sector recorded just 809 deals, down 47% from the 1,533 completed in 2024. To put that in perspective, the peak in 2021 saw 7,959 deals, which means the market has now contracted by 90% from its high-water mark. Total funding told a similar story. It fell to $10.8 billion, a 44% drop from $19.2 billion in 2024, according to FinTech Global’s full-year research. Compare that to the $133.8 billion raised in 2021, and the 92% decline makes the scale of this correction hard to ignore. US Companies Captured 45%…
Compliance Startup Faces Serious Allegations of Misrepresentation An anonymous Substack post has emerged this week, accusing compliance startup Delve of misleading its clients by falsely assuring them of compliance with privacy and security regulations. These allegations suggest that hundreds of customers may be exposed to potential legal risks under the Health Insurance Portability and Accountability Act (HIPAA) and substantial fines under the General Data Protection Regulation (GDPR). Delve’s Background and Recent Funding Delve, a startup backed by Y Combinator, gained significant attention last year after announcing a $32 million Series A funding round, raising its valuation to $300 million. The…