Ask anyone who runs a fulfillment/warehouse robotics company what companies’ top motivation is for embracing automation and they’ll probably cite labor shortages or shipping speeds. The looming truth of the matter boils down to one word: Amazon. And while it’s true that smaller businesses are feeling the worst crunch, no one is immune to the […]
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. Now Singapore-based Syfe is announcing that it has closed a $30 million Series B, only […]
Revel is turning to an app that gamifies energy use to keep its fleet of more than 3,000 electric mopeds charged without putting a strain on New York City’s power grid. Electricity is the key ingredient for the Brooklyn-based startup, which has more recently expanded beyond shared electric mopeds and into e-bike subscriptions, fast-charging infrastructure […]
Eucalyptus is serving more than 200,000 patients across four demographic-focused brands: contraception and fertility, skincare, men’s health and sexual wellness.
If you’ve done any online shopping in the last little while, there’s a good chance you’ve run into services like Affirm and PayPal’s Pay in 4. They allow you to purchase something and pay for it later by splitting up the total cost of the item into several installments.
The next time you're on a plane, searching for a Wi-Fi connection while soaring thousands of feet above the ground, don't look for the Gogo name. The longstanding standard of in-flight internet, Gogo Commercial Aviation, has been rebranded to Intelsat.
Masten Space Systems, a startup that’s aiming to send a lander to the moon in 2023, will develop a lunar navigation and positioning system not unlike GPS here on Earth. Masten’s prototype is being developed as part of a contract awarded through the Air Force Research Laboratory’s AFWERX program. Once deployed, it’ll be a first-of-its-kind […]
Swedish electric aviation startup Heart Aerospace has received its biggest order to date: 200 of its inaugural ES-19 electric aircraft from aviation giant United Airlines and its regional airline partner Mesa Air Group. The deal, which includes an option of purchasing up to 100 additional aircraft, was announced together with a $35 million Series A […]
If you’re tired of sending brilliant takes into the Twitterverse only to be met with wave after wave of reply guys, a new Twitter feature could give you some relief. Starting today, anyone on Twitter will be able to adjust who can reply to individual tweets after they’ve been sent. Previously, you could limit who […]
One of the great things about editing all of our deep-dive EC-1 startup profiles is that you start to notice patterns across successful companies. While origin stories and trajectories can vary widely, the best companies seem to come from similar places and are conceived around very peculiar themes. To wit, one common theme that came […]
Indian food-delivery startup Zomato said on Tuesday evening that it has raised $562.3 million from its anchor investors ahead of its IPO opening on Wednesday. Zomato has already secured nearly 45% of the $1.3 billion it plans to raise through the IPO, the 12-year-old Gurgaon-headquartered startup revealed in a filing to local stock exchanges. The […]
With the finance world now leveraging tech to conduct business, financial services regulators are also developing new tech to monitor markets, supervise institutions and for administration.
The online chat platform Discord is buying Sentropy, a company that makes AI-powered software to detect and remove online harassment and hate. Discord currently uses a “multilevel” approach to moderation, relying on an in-house human moderation team as well as volunteer mods and admins to create ground rules for individual servers. A Trust and Safety […]
Just under a week after Beyond Meat announced that it will be releasing a reworked version of its plant-based Chicken Tenders at restaurants in the U.S., the faux meat company has returned with a potentially sizable restaurant partnership. Starting July 26, select Panda Express restaurants in Southern California and New York City will offer an […]
Investors are buying into a creator-led future, and Nas Academy wants to turn that creator influence into a broad network of “virtual universities.” The Singapore startup is building out a platform for creators to monetize their knowledge, giving them the tools to create their own classes and academies that fans can attend online. The platform […]
Zero Motorcycles has been around for over a decade and in that time it’s consistently improved its fleet of electric bikes. With the new FXE, the northern California company has taken the thoroughly enjoyable FXS supermoto and transformed it into something a bit more futuristic looking with a new easier-to-parse display.
Consumer confidence and mass adoption of AVs go hand in hand. To start building this critical trust today, automakers should aim to accelerate the adoption of advanced driver assistance systems.
