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Internxt gets $1M to be ‘the Coinbase of decentralized storage’

5 years 3 months ago
Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an Internet connection. It’s just bagged $1M in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture […]
Natasha Lomas

Hydrosat raises $5M seed round to deliver ground temperature data to customers

5 years 3 months ago
A lot of information can be gleaned about a surface area just by taking the ground temperature data. If a crop field is under stress, for example, the ground temperature will be elevated long before there’s any actual indication of the stress on the plant itself, Hydrosat CEO and co-founder Pieter Fossel explained to TechCrunch. […]
Aria Alamalhodaei

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

5 years 3 months ago
We’ve all heard the phrase, “Every company is a fintech.”  But these days, that’s becoming more and more true as an increasing number of companies that are not even in the financial services space seek to add a fintech component to their offering. A group of startups poised to benefit from this shift are those […]
Mary Ann Azevedo

A Senate proposal for a new US agency to protect Americans’ data is back

5 years 3 months ago
Democratic Senator Kirsten Gillibrand has revived a bill that would establish a new U.S. federal agency to shield Americans from the invasive practices of tech companies operating in their own backyard. Last year, Gillibrand (D-NY) introduced the Data Protection Act, a legislative proposal that would create an independent agency designed to address modern concerns around […]
Taylor Hatmaker

Airspeeder wants to make electric flying racing cars a reality in 2021

5 years 3 months ago
While much of the eVTOL industry has its sights set on urban air taxis or cargo transportation, entrepreneur Matthew Pearson had another idea: electric flying race cars. So in 2019, he founded two companies, Alauda Aeronautics to manufacture the aircraft and Airspeeder, an international series to race them. Now, Airspeeder says it has completed the […]
Aria Alamalhodaei

Insurtech AI startup Akur8 closes $30M Series B

5 years 3 months ago
Automating insurance claims is a big business, and the world of AI is coming at it ‘full pelt’. The latest is Akur8, an insurtech automating insurance platform whose ‘Transparent AI’ product is trying to eat into the incumbent large business of Willis Towers watson, among others. It’s now closed a Series B funding round of […]
Mike Butcher

Co-living startup Habyt closes $24M Series B, merges with Homefully

5 years 3 months ago
When WeWork appeared, other entrepreneurs looked at the model and thought that if you could apple co-working to property, then why not apply co-living. Thus, in the US, Common appeared, as did Hmlet in Asia. Imn the EU, Habyt launched, but has already gobbled-up its competitors Quarters, Goliving, and Erasmo’s Room. It’s now closed a […]
Mike Butcher

A look inside Google’s first store, opening in NYC’s Chelsea neighborhood tomorrow

5 years 3 months ago
There have been plenty of pop-ups over the years, but tomorrow Google’s first store opens in NYC’s Chelsea neighborhood. The brick and mortar model finds the company joining peers like Apple, Microsoft, Samsung and even Amazon, all of whom have a retail presence in Manhattan, including several just around the corner from Google’s new digs. […]
Brian Heater

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

5 years 3 months ago
As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” […]
Ingrid Lunden

E3 2021 wrap-up

5 years 3 months ago
E3 2021 kicked off with news about E3 2022. Kind of a funny way to start a show, as Mayor Eric Garcetti told the crowd, “we look forward to seeing you in-person, here in the City of Angels, in 2022.” Also a bit funny when the mayor’s video game show announcement has less confetti and […]
Brian Heater

Lincoln’s first EV will arrive in 2022 with three more to follow

5 years 3 months ago
Lincoln Motor will launch its first all-electric vehicle in 2022 followed by three other EVs as part of the luxury brand’s goal to electrify its entire portfolio by the end of the decade. The first EV will come to market just in time for Lincoln’s 100th birthday celebration — and nearly four years since initial […]
Rebecca Bellan

Harry Stebbings turns up the volume on 20VC with new $140M fund

5 years 3 months ago
Harry Stebbings, the well-known podcaster behind “20 minute VC,” announced today that he raised a duo of funds for 20VC, the venture capital fund he launched off of his show’s success. The pair of funds — one for early stage and one for growth stage — total $140 million in assets under management, plucked from […]
Natasha Mascarenhas

SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

5 years 3 months ago
Vianai Systems, an AI startup founded by Vishal Sikka, former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2. The two-year-old startup said a number of industry luminaries also participated in the new round, which brings its total to-date […]
Manish Singh

Facebook will begin beaming advertisements into virtual reality

5 years 3 months ago
Well, it was only a matter of time. Advertising giant Facebook announced Wednesday that they’re going to begin testing advertising inside virtual reality titles on its Oculus platform soon. The first roll-out is limited enough, with Facebook testing ads inside a single gaming shooter title: Blaston from Resolution Games. They are interestingly not rolling this out with […]
Lucas Matney
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