Browsing Category: Startups

  • Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers

    SoftBank Corp. and Mapbox, the mapping data company that competes with Google and Here, announced that they have established a joint venture called Mapbox Japan. The JV will provide Mapbox’s mapping platform, including APIs and data services, to developers in Japan. Between June 1 and September 30, Mapbox Japan will also provide up to three …

    May 21, 2020 | by Raheel
  • Hims & Hers launch Spanish language telemedicine services

    Hims & Hers, the startup focused on providing access to elective treatments for things like hair loss, skin care and erectile disfunction and online telemedicine services, is expanding its services to include a Spanish language option, the company said. After Mexico, the U.S. has the second-largest Spanish speaking population in the world, with an estimated …

    May 20, 2020 | by Raheel
  • Why VCs say they’re open for business, even if they’re pausing new deals

    This week Alexia Bonatsos of Dream Machine and Niko Bonatsos of General Catalyst swung by Extra Crunch Live to discuss where they are investing today and what the future might look like. As expected, these seed and early-stage venture capitalists had a lot to say about their current investing cadence and what interests them in …

    May 20, 2020 | by Raheel
  • Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights

    Autonomous aviation startup Xwing locked in a $10 million funding round before COVID-19 hit. Now the San Francisco-based startup is using the capital to hire talent and scale the development of its software stack as it aims for commercial operations later this year — pending FAA approvals. The company announced Wednesday its Series A funding …

    May 20, 2020 | by Raheel
  • What people tend to get wrong about remote work

    What do people tend to get wrong about remote work? And how can companies make it work better for them? While just about every tech company on the planet has become remote over the last few weeks, GitLab has been at this a while — since pretty much day one of its existence back in …

    May 20, 2020 | by Raheel
  • Monzo co-founder Tom Blomfield moves from UK CEO role to president

    More than five years after starting the company, Monzo co-founder Tom Blomfield is stepping down as CEO of the U.K. challenger bank to take up the newly created role of president. Current U.S. CEO, TS Anil, will become the new “Monzo UK Bank CEO,” subject to regulatory approval, and for now will hold both U.K. …

    May 20, 2020 | by Raheel
  • EdSights raises money to help schools reduce their drop-out rates

    While the idea of baring your soul to a chatbot might seem uncomfortable, sisters Claudia and Carolina Recchi think that might be exactly what college students across the United States need right now. The duo co-founded EdSights in 2017 to support high and medium-risk students to stay in school, and increase university retention rates. EdSights …

    May 20, 2020 | by Raheel
  • Human Interest tacks on $10M more to its Series C

    The COVID-19 pandemic is making life worse for many startups, but not all. Those benefiting are often taking advantage of the market updraft to add more capital to their accounts. Robinhood, for example, saw usage of its consumer fintech product rise rapidly. Then the company raised a Series F worth $280 million at a new, …

    May 20, 2020 | by Raheel
  • What to do when your VC writes your startup off

    The novel coronavirus has been devastating for many people, families and communities — and the consequences are still being calculated. The tech world has seen wave after wave of layoffs, sometimes multiple waves at one company only weeks apart. Some startups have lost nearly all their revenue, and depending on their cash reserves, have little …

    May 20, 2020 | by Raheel