One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment Company (the insurance giant’s investment arm) led the round, which included participation from Obvious Ventures, Foundation Capital, Core Innovation Capital and others. The financing brings […]
Bitcoin maximalists aren't going to find much here that underscores their core thesis that every coin not mentioned in Satoshi's whitepaper is, in fact, a scam. Save your tweets, please.
Holoride’s VR gaming system for passengers caught our attention a few years back at CES. The company is back, demoing two games and threw off the shackles of the track for the real world.
Floods are devastating. They rip asunder communities, wipe out neighborhoods, force the evacuation of thousands of people every year and recovering from them can take years — assuming recovery is possible at all. The U.S. government estimates that floods in recent decades (exclusive of hurricanes and tropical storms) have caused an estimated $160 billion in […]
Last fall, Spotify introduced a new format that combined spoken word commentary with music, allowing creators to reproduce the radio-like experience of listening to a DJ or music journalist who shared their perspective on the tracks they would then play. Today, the company is making the format, which it calls “Music + Talk,” available to […]
Blumira today announced it raised a $10.3 million Series A financing round. The Ann Arbor-based cybersecurity company says the capital will be used to expand its product offering, double its headcount to 80 employees, and grow its partnership program with managed service providers. The company, founded in 2018, seeks to provide enterprise-level security to medium-sized […]
Rapid Robotics announced a $12 million Series A all the way back in April 2021. Four months later, the Bay Area-based robotic manufacturing firm is back with a $36.7 million Series B, led by Kleiner Perkins and Tiger Global. The round, which also features existing investors NEA, Greycroft, Bee Partners and 468 Capital, brings the […]
No code platforms have developed into a hot market, and Stacker, a London-based no-code platform is attempting to bring the concept to a new level. Not only can you create a web application from a spreadsheet, you can pull data from a variety of sources to create a sophisticated business application automatically (although some tweaking […]
T-Mobile has confirmed that millions of current and former customers had their information stolen in a data breach, following reports of a hack over the weekend. In a statement, T-Mobile, which has more than 100 million customers, said its preliminary analysis shows 7.8 million current postpaid T-Mobile customers had information taken in the data breach. […]
Dublin-based Evervault, a developer-focused security startup which sells encryption vis API and is backed by a raft of big name investors including the likes of Sequoia, Kleiner Perkins and Index Ventures, is coming out of closed beta today — announcing open access to its encryption engine. The startup says some 3,000 developers are on its […]
San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 billion, up from $2 billion a year ago. The startup’s new financing round — a Series D […]
MobileCoin, a cryptocurrency startup that counts founder Moxie Marlinspike of the encrypted messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors. Among them is Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital, and earlier backers General […]
Fifteen years ago, Aydin Senkut, a former Google exec, was an outsider in venture circles that didn’t take seriously his ambitions to become a top VC. Now, his firm, Felicis Ventures, is announcing $900 million in capital commitments across two new funds — a $600 million early stage fund and a $300 million opportunities-type fund […]
Apeel developed a plant-based layer for the surface of fruits and vegetables, that is tasteless and odorless, and keeps moisture in, while letting oxygen out.
Canada Drives currently operates in British Columbia and Ontario. With the new funds, Canada Drives hopes to expand to Alberta in the next month, according to co-CEO Cody Green.
Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest as […]
We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) — […]
A one-year-old startup that is attempting to build the railroads for e-commerce in Pakistan has just secured a mega round of funding in a major boost to the South Asia nation’s nascent startup ecosystem. Airlift operates a quick commerce service in eight cities including Lahore, Karachi, and Islamabad in Pakistan. Users can order groceries, fresh […]
RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures. Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors […]
