Following regulatory scrutiny on both sides of the pond, Google this morning announced that it has completed its acquisition of wearables pioneer Fitbit. Google’s use of the vast amount of user health data has long been the key sticking point of regulatory concern of the deal. After all, targeted advertising continues to be at the […]
Emergency services continue to be a major force when it comes to coping with the COVID-19 health pandemic, and today a company that is building technology to help them run better is announcing a round of funding to continue expanding its business. Carbyne — an Israeli startup that has built a cloud-based platform aimed at […]
X1 Card is raising a $12 million funding round. The company is building a credit card that sets limits based on your current and future income, not your credit score. Spark Capital is leading the round with Jared Leto, Aaron Levie, Jeremy Stoppelman, Max Levchin and Ali Rowghani also participating. American Express veteran Ash Gupta […]
Blue Origin is launching its New Shepard suborbital rocket for the first time in 2021, with a liftoff planned for 9:45 AM CST (10:45 AM EST/7:45 AM PST) [Update: Now targeting 10:57 AM CST (11:57 AM EST/8:57 AM PST)] from its launch facility in West Texas. This is the 14th flight of New Shepard, and […]
Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it. The company, already backed by Khosla Ventures and Blue Venture Fund, raised its latest round from Defy.vc and AllegisNL Capital. The company’s software […]
Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product today based on Blockrize’s work. Later this year, the company is launching a credit card that works like a regular credit card — but you earn bitcoin rewards based on your purchases. The credit card will work like any other credit card and […]
DecisionLink, an Atlanta-based company that provides software for cost-benefit analyses of business services from a customer’s perspective, has managed to woo one of Silicon Valley’s top venture firms to invest in its latest $18.5 million round of funding. Accel Partners has a long-standing reputation as one of the Bay Area’s premier investment firms, and it’s […]
Amazon’s use of dark patterns that add friction to the process of terminating a Prime subscription is being targeted by 16 consumer rights groups in Europe and the US which are taking coordinated action to urge regulatory intervention. One of them — Norway’s Consumer Council (NCC) — has also published a report calling out what […]
Fintech startup Upgrade has been positioning itself as a neobank. And yet, the company has mostly been focused on personal loans and more recently credit cards. You couldn’t just replace your bank account with Upgrade. Upgrade is adding two important missing pieces of the puzzle with checking accounts and debit cards. With today’s launch, Upgrade […]
Tresl’s flagship product, e-commerce intelligence platform Segment Analytics, is designed to give small brands on Shopify access to the same kind of analytics larger online retailers have. Founded by former LinkedIn data scientists, Tresl is currently exhibiting at CES’ Taiwan Tech Arena. Segments Analytics analyzes a Shopify store’s data and then automatically sorts visitors into […]
3Drens’ IoT mobility management platform not only lets fleet operators track where their vehicles are, but also produces data that helps them make business decisions. The company began operating in Taiwan, where it is based, before expanding into Southeast Asia. Currently presenting at CES’ Taiwan Tech Arena, 3Drens is focused on the increased demand for […]
OFLO is a voice communication system designed to replace traditional walkie talkies. Its hardware is more compact and lightweight, with a bone conduction headset, and capable of covering unlimited distances and multiple channels. Created by Origami Labs, OFLO is also connected to software that features auto logging and productivity tools for teams who don’t have […]
With the proliferation of subscription services, combined with our lives becoming almost 100% digital, there’s a rising need to be able to manage these services. But most banks don’t have much of an answer. Step in Minna Technologies, which sells in its subscription management services into banking apps. It’s now raised $18.8 million (€15.5m / […]
Google said on Thursday it has pulled some personal loan apps from Play Store in India and was implementing stronger measures to prevent abuse following reports that said several firms were targeting vulnerable borrowers in the country and then going to extreme lengths to recover their money. The Android-maker said users and government agencies in […]
Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years. Today, one of the more promising startups out of Europe building software to help SMEs run online businesses is announcing some […]
Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch Blabla. Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. A […]
Poshmark, the nine-year-old, Redwood City Ca.-based online marketplace for second-hand clothing, beauty, and home decor products, is set to start trading as a public company on the Nasdaq tomorrow after tonight pricing 6.6 million shares higher than originally planned, according to Bloomberg. Per its report, the company, which earlier expected to sell shares at between […]
Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanhwa Asset Management, with participation from K3 Ventures, GGV Capital, Arbor Ventures and Flourish Ventures. The Financial Times reports that the funding values Grab Financial, a subsidiary of ride-hailing and delivery giant Grab, at […]
Sennder, a large digital road freight forwarder based out of Germany, has raised $160m in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. Sources say Hedosophia may be the unnamed growth investor, although Sennder declined to comment. To date, Sennder […]
Fresh off the announcement of more than $500 million in new capital across two new funds, Seattle-based Madrona Venture Group has announced that they’re adding Anu Sharma and Daniel Li to the team’s list of Partners. The firm, which in recent years has paid particularly close attention to enterprise software bets, invests heavily in the […]
