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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

5 years 4 months ago
Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery. So, he turned to power sports to fulfill his vision of a micro-logistics service that can be used for driverless […]
Kirsten Korosec

Joby Aviation targets parking garages for its aerial ridesharing network

5 years 4 months ago
Joby Aviation is partnering with one of the country’s largest parking garage operators and a real estate acquisition company to build out its network of vertiports, with an initial focus on Los Angeles, Miami, New York and the San Francisco Bay Area, the company said Wednesday. The partnership with REEF Technology and Neighborhood Property Group […]
Aria Alamalhodaei

JOKR launches in New York with a different take on on-demand delivery

5 years 4 months ago
For years now, the world of retail has been evolving. Whether it’s next-day delivery with Amazon Prime or subscription D2C services or on-demand delivery from Postmates, we’re growing increasingly accustomed to being able to buy something and have it arrive at our door relatively quickly. Tomorrow, a new startup is launching in New York with […]
Jordan Crook

Stemma launches with $4.8M seed to build managed data catalogue

5 years 4 months ago
As companies increasingly rely on data to run their businesses, having accurate sources of data becomes paramount. Stemma, a new early-stage startup, has come up with a solution, a managed data catalogue that acts as an organization’s source of truth. Today the company announced a $4.8 million seed investment led by Sequoia with assorted individual […]
Ron Miller

Huawei officially launches Android alternative HarmonyOS for smartphones

5 years 4 months ago
Think you’re living in a hyper-connected world? Huawei’s proprietary HarmonyOS wants to eliminate delays and gaps in user experience when you move from one device onto another by adding interoperability to all devices, regardless of the system that powers them. Two years after Huawei was added to the U.S. entity list that banned the Chinese […]
Rita Liao

Jeeves emerges from stealth with $131M in debt and equity and a16z as a lead investor

5 years 4 months ago
Jeeves, which is building an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing.  The $31 million in equity consists of a new $26 million Series A and a previously unannounced $5 million seed round. […]
Mary Ann Azevedo

Why sports tech is bigger than a game

5 years 4 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, Alex and Natasha dug into the burgeoning of sports media, sports gaming, and fantasy sports world today through the lens of some early-stage startups. Naturally, the Equity team is what comes to mind when you consider […]
Natasha Mascarenhas

Taking Lyft’s new e-bike for a spin

5 years 4 months ago
The bike had none of the usual signage when I took it for a spin around the chaotic and construction-filled streets of Manhattan. It very much looked like a prototype, with visible soldering on the joints and a not-quite-complete AV system. But it handled well, when merging in and out of traffic — and at […]
Brian Heater

Synctera raises $33M Series A to pair fintechs with banks

5 years 4 months ago
Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fintech raised $12.4 million in a seed round of funding. New investors Mastercard and Gaingels also participated in […]
Mary Ann Azevedo

Coatue direct deposits $20M into Pinwheel, a payroll API for neobanks

5 years 4 months ago
One of the most strategically important financial relationships for neobanks is becoming the account destination for a user’s paycheck. If you’re a bank and you own that specific relationship, users will increasingly use that account for everything from daily spending to saving (after all, that’s where their money is going). That activity in turn leads […]
Danny Crichton

Spotify rolls out new personalized experiences and playlists, including a mid-year review and a blended mix with a friend

5 years 4 months ago
Spotify today is expanding its investment in personalization features with the launch of dedicated in-app experience called Only You, which focuses on your favorite music and how you listen. The experience is similar to Spotify’s popular annual review, Spotify Wrapped, as it highlights the artists, songs, genres and other aspects of your music listening experience […]
Sarah Perez

Amazon to stop screening employees for marijuana

5 years 4 months ago
Amazon in brief blog post announced it will no longer include marijuana on its drug screening program. In short, the company is now treating weed like alcohol, which means off-work employees can partake in a beer or a spliff without fear of repercussions. Of course, just like with alcohol, Amazon says it will continue to […]
Matt Burns

Guild Education valued at $3.75 billion with newest round

5 years 4 months ago
Guild Education, which pairs employees with employer-sponsored learning opportunities, has raised $150 million in a Series E round. The financing event, funded by Bessemer Venture Partners, Cowboy Ventures, D1, Emerson Collective, General Catalyst, GSV, Harrison Metal, ICONIQ, Redpoint, and Salesforce Ventures, values the company at $3.75 billion. With the money, Guild plans to grow its […]
Natasha Mascarenhas

Celonis snares $1B Series D on $11B valuation

5 years 4 months ago
Celonis, the late stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C in 2019, quadrupling its value in just two years. Durable Capital Partners LP and T. Rowe Price Associates co-led the round with participation from […]
Ron Miller

Kabuto releases a larger version of its smart suitcase

5 years 4 months ago
Kabuto, the French startup that designs and sells smart suitcases, is releasing a new suitcase today. Called the Kabuto Trunk, this is the company’s biggest suitcase to date. Unlike smart suitcases from other brands, this isn’t just a suitcase with a battery in it. In particular, there’s a fingerprint reader located at the top of […]
Romain Dillet
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