Startups
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Blue Apron tumbles again in its second day as its IPO settles for a down round
Blue Apron is now down from its IPO price during trading today, falling around 4 percent to around $9.60 — a bit south of its original price. Andy Rubin’s Playground Ventures is raising another $15M
Playground Ventures — the VC fund co-founded by Android inventor and former Google exec Andy Rubin that sits alongside an eponymous incubator/startup studio and is making some big bets in areas like artificial intelligence and new generations of hardware– is raising more money. A Form D filed with the SEC notes that Playground Ventures is in the process of adding another $15… Read More
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Storage company Omni now lets users share their belongings with friends
On-demand storage startup Omni wants to make it easier for you to have access to your favorite items without them taking up space in your closet. But now the company is taking a huge step toward making those items available to your friends, and to other people in your local community. Read More
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Pray.com, a community-building app for faith organizations, raises $2M in seed funding
Pray.com, an interfaith mobile app that helps religious leaders keep in touch with their congregants, will grow its team after receiving $2 million in seed funding. The round was led by Science Inc., an accelerator whose portfolio also includes Dollar Shave Club and DogVacay, with participation from Greylock Partners and Spark Capital. Read More
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Just a few more weeks to apply for Startup Battlefield Africa
Startups in sub-Saharan Africa, your time is running out. You have just a few short weeks to apply for TechCrunch’s inaugural Startup Battlefield Africa competition, so those looking to participate in the competition should apply soon. Startups can apply to one of three categories: social good/productivity and utility/gaming and entertainment. Read More
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The Eero Beacon is the perfect addition to its family of mesh WiFi products
Since launching two years ago, wireless networking startup Eero has sought to make it easier for consumers to blanket their homes in strong WiFi. With the its newest hardware products, Eero took a step forward in that goal, in part by introducing a small-footprint Beacons that can be placed nearly anywhere in a person’s house or apartment. Read More
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LendUp gets strategic investment from PayPal and adds to its executive team
LendUp has built business providing personal loans to customers that traditional financial institutions wouldn’t touch. As it looks to expand into credit cards and other services, the company has raised some strategic funding from PayPal and also has expanded its executive ranks. Read More
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Coca-Cola has built a commercialization ‘Bridge’ to startups worldwide
Why would a 131-year-old soda company with $44 billion in international sales possibly want to partner with small, pre-revenue technology companies emerging from places far-flung from its Atlanta headquarters? If the company is Coca-Cola (and it is), the answer is all about strategy. Read More
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Zume Pizza adds extra automation as it rolls out to new cities
Zume Pizza has its eyes set on disrupting legacy pizza players like Pizza Hut and Domino’s by improving on both speed and quality with the help of robots. The company is announcing the addition of a “Doughbot” designed to replace a dough spinner. Zume soon will be putting its decentralized delivery model to the test with a fleet of oven trucks and delivery scooters. Read More
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Blue Apron — the next big consumer IPO for 2017 — isn’t looking as good as it was just a few weeks ago. The company said in an updated filing with the Securities and Exchange Commission that it would cut its IPO price range target.