Startups
Auto Added by WPeMatico
Hardware and robots to watch at the HAX IX demo day
An accelerator for hardware and robotics startups called HAX is holding its 9th Demo Day in San Francisco today. Startups pitching investors there span industries from education to agriculture and medicine. Examples include: FLASH Robotics’ “social robot” EMYS that teaches kids how to speak a new language; Amber Agriculture’s bean-shaped sensors that monitor corn… Read More
Powered by WPeMatico
Dubai’s sovereign wealth fund invests in Swiss-made banking app Centralway Numbrs
Centralway Numbrs, the Swiss-made banking app that is launched in Germany, has picked up a prominent new backer. Chelsea Peretti returns to host the 10th Annual Crunchies Awards
Good news! Chelsea Peretti, genius comedian, Brooklyn 99 star, and my own personal spirit animal, will be joining us once again to host the 10th Annual Crunchies Awards. The Crunchies is the one night a year where the tech elite and up-and-coming members of the startup community can come together to celebrate their achievements (not to mention, dress up in fancy clothes). The awards show is… Read More
Powered by WPeMatico
Michelin backs motorhome and campervan rental marketplace Campanda
Berlin startup Campanda, which offers an online booking site for Recreational Vehicles (that’s motorhomes, caravans and campervans, to you and me), has raised €10 million in Series B funding. Leading the round is Michelin Travel Partner, the subsidiary of tyre manufacturer Michelin. Previous backers also participated, including Accel, idinvest, Le Peigné, Ringier Digital Ventures,… Read More
Powered by WPeMatico
Kayak co-founder Paul English raises $15M for his travel startup Lola
Lola, a startup that connects travelers with live travel agents, has raised $15 million in Series B funding. The Boston-based startup was founded by Paul English, who previously co-founded and served as CTO at Kayak. In contrast to many other assistant services that hype their automation and technology, Lola proudly highlights the fact that its iPhone app uses human travel agents —… Read More
Powered by WPeMatico
Online grocery GrubMarket breaks even, and wants to go public in 2018
Despite the copious amounts of venture funding that have flowed to them in recent years, food tech startups haven’t had an easy time of it especially in the food delivery game. Since 2015, GoodEggs, Zesty and Munchery have shuffled their executive decks, meal kit delivery darlings Blue Apron struggled with worker safety, and logistics providers Postmates struggled to lock in a new… Read More
Powered by WPeMatico
Airbnb invests in restaurant reservation app Resy
Highly-funded Airbnb is making an investment of its own, announcing today that it is leading a $13 million round in Resy, an app for restaurant reservations. “Helping people find and book incredible local restaurants is a key part of us moving beyond just accommodation to focus on the whole trip,” said Airbnb CEO Brian Chesky in a statement. Airbnb will be integrating Resy into… Read More
Powered by WPeMatico
Six truths for successful startups tackling the older adult care opportunity
The current market for older adult care is massive — and growing at an unprecedented rate. According to an AARP report, the 106 million Americans over 50 represent a transformative force that will generate more than $13.5 trillion in annual economic activity by 2032, accounting for more than half of the U.S. GDP. Read More
Powered by WPeMatico
MyTomorrows raises further €10M to help access drugs in development
MyTomorrows, the Netherlands-headquartered startup that has built a platform to help physicians and patients access drugs that are still in development, has raised €10 million in further funding. Leading the round is EQT Ventures, and Octopus Ventures, with participation from existing backers Balderton Capital, and Sofinnova Partners. Read More
Powered by WPeMatico
WTF is a funding round?
But if you don’t work in venture capital or finance, you might not know what all this means. So, we’ll break it down for you. Why are startups getting the money? Investors are giving the startup money in exchange for an ownership stake. They are hoping that the share price will go up as the startup grows into a larger company. Do they have to pay it back? No. If the startup… Read More
Powered by WPeMatico