Startup

Faraday Future’s Best Shot At Redemption May Be A spac

Photo by Sean O’Kane / The Verge Despite a whirlwind of electric vehicle SPAC mergers in the last few months, there’s still one startup flying solo that’s arguably the best-positioned. Yes, Faraday Future is still on the market —...
Related topics: Entertainment Photos

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Microsoft Partners With Gm To Make Self-driving Cars A Reality

Driverless car startup Cruise, a GM subsidiary, today announced the finalization of a two-billion dollar equity fund from primary investors Microsoft, Honda, and GM. Leading off: Microsoft’s money is the big ticket item here for Cruise. While the...
Related topics: Microsoft (MSFT), General Motors

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Electric-truck Startup Rivian Raises $2.65 Billion As It Prepares For 3 Vehicle Launches

Michigan-based electric-truck start-up Rivian said that it has raised $2.65 billion in new cash from a group of investors led by mutual-fund giant T. Rowe Price (NASDAQ: TROW).The company, which already counts Ford Motor Company (NYSE: F) and Amazon...
Related topics: Nasdaq, US Equity Markets, Ford, Amazon, Amazon (AMZN)

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In 2020, Vcs Invested $428m Into Us-based Startups Every Day

Despite a pandemic that sparked a global recession, 2020 was still a record year for venture capital investments into American startups. According to data shared by PitchBook and the National Venture Capital Association, investors poured $156.2...

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Wendy Xiao Schadeck Becomes Northzone’s First New York Partner

Northzone‘s new partner Wendy Xiao Schadeck isn’t new to the firm — she actually joined back in 2015. Before entering the venture world, Schadeck co-founded co-working and childcare startup CoHatchery. And as a Northzone principal,...

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Creator Says Gofundme Cancelled Fundraiser From Free Speech Tech Start Up

Parler isn’t the only free-speech-friendly tech company facing backlash from the riot at the U.S. Capitol. A new tech startup created by former Republican candidate for Congress Elizabeth Heng, called “The New Internet,” has also been...

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Rivian Announces Another Major Funding Haul

Image: Rivian Amazon-backed electric vehicle startup Rivian has raised another $2.65 billion, bolstering its position as one of the most well-funded EV startups in the world. The investment round was led by T. Rowe Price and included...
Related topics: Amazon, Amazon (AMZN)

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Ppro Nabs $180m At A $1b+ Valuation To Bring Together The Fragmented World Of Payments

The pandemic has hastened a shift of most commerce becoming e-commerce in the last year, and that has brought a new focus on startups that are helping to enable that process. In the latest development, PPRO, a London-based startup that has built a...
Related topics: United Kingdom, London

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Stackpulse Announces $28m Investment To Help Developers Manage Outages

When a system outage happens, chaos can ensue as the team tries to figure out what’s happening and how to fix it. StackPulse, a new startup that wants to help developers manage these crisis situations more efficiently, emerged from stealth...

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Fintech Startup Vise Brings On Andrew Fong (formerly Dropbox) As Cto

Vise, a fintech firm that focuses on helping financial advisors rather than automating them out of existence, has today announced that its bringing on Andrew Fong as its Chief Technology Officer. Fong hails from Dropbox, where he served as VP of...
Related topics: Dropbox

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Gofundme Cancels Fundraiser From Free Speech Tech Start Up

Parler isn’t the only free-speech-friendly tech company facing backlash from the riot at the U.S. Capitol. A new tech startup created by former Republican candidate for Congress Elizabeth Heng, called “The New Internet,” has also been...

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Salesforce (crm) Invests In India Cloud Startup Darwinbox

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Sally Beauty Holdings, Inc....
Related topics: Salesforce (business), India, Amazon, Amazon (AMZN)

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Health Insurance Startup Alan Launches Free Medical App Alan Baby

French startup Alan is generating 100% of its revenue from health insurance products — and that isn’t going to change. But the company wants to start a conversation with a bigger use base. Alan is going to launch multiple mobile apps that let...

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Google Backs India’s Dunzo In $40 Million Funding Round

Google is writing check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investment...
Related topics: Google, Google (GOOG), India, Android

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Startup Shows Off Electric Car Batteries That Charge In 5 Minutes

Start a conversation about electric cars, and it'll likely take less than five minutes until someone asks about charging times. Yes, the charging times for electric vehicles are still far from ideal — typically, it will take more than an hour...

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Skyqraft Raises $2.2m Seed For Its Powerline Issue Detection System

Skyqraft, the Swedish startup using AI and drones for electricity powerline inspection, has raised $2.2 million in seed funding, capital it will use to further develop its technology and expand its operations in Europe and in the U.S. Leading the...
Related topics: Drones

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Why The Silicon Valley-style Investment Approach Isn’t Best For African Startups

One of the long-running tensions in the African startup investment ecosystem has been whether the Silicon Valley funding model, which seems to have been transferred wholesale to Africa’s very diverse and different tech hubs, is right for the...
Related topics: Silicon Valley

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Salesforce Leads $15m Investment In Indian Hr Tech Platform Darwinbox

Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. The new round — a Series C...
Related topics: Salesforce (business)

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Singapore-based Volopay Raises $2.1 Million Seed Round To Build A “financial Control Center”...

Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, and included participation from...
Related topics: Singapore

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Bustle Ceo Bryan Goldberg Explains His Plans For Taking The Company Public

Bustle Digital Group — owner of Bustle, Inverse, Input, Mic and other titles — could eventually join the ranks of startups going public via a special purpose acquisition company (SPAC). During an interview about the state of BDG and the digital...

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