Space is a relatively niche area of tech investing in the best of times, but COVID-19 has redrawn the landscape. What do investors who are active in this sector think about what’s changed, what hasn’t and what’s coming in the future? We caught up with nine top investors in the space market to collect their […]
IQM Finland Oy (IQM), a European startup which makes hardware for quantum computers, has raised a €15M equity investment round from the EIC Accelerator program for the development of quantum computers. This is in addition to a raise of €3.3M from the Business Finland government agency. This takes the company’s funding to over €32M. The […]
APIs provide a way to build connections to a set of disparate applications and data sources, and can help simplify a lot of the complex integration issues companies face. Postman has built an enterprise API platform and today it got rewarded with a $150 million Series C investment on a whopping $2 billion valuation — […]
The countdown has begun for the virtual curtain to open on our inaugural, two-day, virtual TC Early Stage SF on July 21 and 22, and with speakers like Ann Miura-Ko talking about building a minimum viable company, you’d be virtually insane to miss out. The show will bring together 50+ experts across startup core competencies, […]
Before June each year, content and media platforms in China anxiously anticipate a new round of censorship as the government tightens access to information in the lead-up to the anniversary of the Tiananmen Square crackdown. This year, Chinese users lost access to two podcast apps — Pocket Casts and Castro Podcasts. Neither app is searchable […]
Peppy, the U.K. employee healthcare benefits platform focusing on family support, female health and mental wellbeing, has raised £1.7 million in seed funding. Leading the round is Outward VC, with participation from Seedcamp, Hambro Perks, Form Ventures, and various unnamed angel investors. The London-based startup says the new funding will support the next stage of […]
French startup iBanFirst has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance’s Large Venture fund. Previous investors include Serena, Breega and Xavier Niel — Serena and Breega also participated in today’s funding round. iBanFirst lets you pay suppliers and get paid by clients all around the world in dozens of […]
The upcoming CCPA regulations coming into effect in the US have put a renewed focus on how companies online are handling the issues of data privacy and compliance. Today a startup that’s built a platform to help them navigate those waters more easily is announcing a round of funding to meet that demand. Ethyca, which lets […]
Alkemics, the Paris-based platform that lets brands collaborate and launch products with retailers, has picked up €21 million in a Series C funding. It follows €20 million raised in 2016. Backing the round is growth-stage fund Highland Europe. Existing investors Cathay Innovation, Index Ventures, SEB Alliance and Serena Capital also participated. The new investment comes […]
Walmart’s online grocery business has been a significant contributor to its growing e-commerce sales, particularly now amid the coronavirus pandemic. Now the retailer is expanding access to curbside pickup at its warehouse club chain, Sam’s Club. Today, Sam’s Club announced the nationwide launch of curbside pickup, bringing the service to all its 597 clubs across […]
London-based startup Codat has raised a $10 million funding round from Index Ventures. If you’ve ever tried to apply for a loan for your small business or filled out an application for an insurance product, you know it can be a long and painful process. Codat is building an API that connects with all the […]
Uber has appointed Pradeep Parameswaran, who oversaw the ride-hailing giant’s business in India and South Asia for two years, as the regional general manager of its Asia Pacific region operations. Parameswaran, who starts his new role next week, will be tasked to improve Uber’s presence in the nine nations in the Asia Pacific region where […]
Rocket Lab’s delayed 12th launch is scheduled to take place tonight late night Pacific time, mid-afternoon on the 11th at the company’s New Zealand launch facility. The Electron rocket will be taking payloads to orbit from NASA, the National Reconnaissance Office and the University of New South Wales. “Don’t Stop Me Now,” named after the […]
In a surprise blog post, Amazon said it will put the brakes on providing its facial recognition technology to police for one year, but refuses to say if the move applies to federal law enforcement agencies. The moratorium comes two days after IBM said in a letter it was leaving the facial recognition market altogether. […]
Consolidation in the world of on-demand food ordering and delivery continues apace. Today, Just Eat Takeaway — the European company that only just got its own $7.8 billion merger approved by regulators in April of this year — officially announced that it has reached an agreement to acquire Grubhub in the U.S. in an all-share deal […]
Last week, AMC marked its earnings report with a somber note. The movie theater giant warned of losses reaching up to $2.4 billion, courtesy of COVID-19-related closures, adding that “substantial doubt exists about our ability to continue as a going concern for a reasonable period of time.” AMC isn’t alone. The pandemic has had a […]
In response to VCs’ sudden rush to invest in more Black founders, Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. Among the strategies? Team up with Black firms already doing the work. Some firms have said that they’re going to turn to HBCUvc, a nonprofit […]
Grado has a new pair of their signature headphones on the way, and between the pricing, hemp-infused wooden body and pot leaf insignia, it’s clear they’ve got their eye on a very particular customer. The Brooklyn-based audio brand known for their rich, open-air sound has a pretty established lineup at this point, but over the […]
When you think about startup hubs, Tulsa, Oklahoma is probably not the first city that comes to mind. A coalition of business, education, government and philanthropists are working to foster a startup ecosystem in a city that’s better known for its aerospace and energy companies. These community leaders recognized that raising the standard of living […]
A new Twitter test feature aiming to “promote informed discussion” will nudge users to read before they retweet. The company describes the test as a step to help people be more aware of what they’re sharing in a broader effort to inspire “healthier conversations” on the platform. Sharing an article can spark conversation, so you […]
