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YC-backed Astranis has raised $90 million of new combined debt and equity funding in a Series B round led Venrock, with a sizeable contribution by existing investor (and lead of their 2018 round) Andreessen Horowitz. The funding will be used to help the company launch its first commercial satellites, the bedrock of its future internet …
February 13, 2020 | by RaheelTozny, a Portland, Oregon startup that wants to help companies more easily incorporate encryption into programs and processes, introduced TozID today. It is an identity and access control tool that can work independently or in conjunction with the company’s other encryption tools. “Basically we have a Security as a Service platform, and it’s designed to …
February 13, 2020 | by RaheelIntuition Robotics, the company best known for its ElliQ robot, a digital home companion for the elderly, today announced that it has raised a $36 million Series B round co-led by SPARX Group and OurCrowd. Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta also participated …
February 13, 2020 | by RaheelVedantu, a Bangalore-based startup that operates a learning app aimed at students aged between 12 to 18, has secured an additional $24 million as part of its Series C financing round. With the infusion of cash, Vedantu looks to serve more students and make its brand a household name. The fresh infusion to its Series …
February 13, 2020 | by RaheelFollowing the departure of its CTO last month, Tandem Bank, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, has lost another key member of its team, this time seeing chief product officer Matt Ford departing for a career in venture. Ford joined Santander InnoVentures, the venture capital arm of the Spanish incumbent bank, …
February 13, 2020 | by RaheelGreg Mitchell Contributor Share on Twitter Greg Mitchell is regional director of Angel Ventures, a startup investor and advisor and is the creator of the blog Ruta Startup. Funding of Latin American startups has doubled each year over the past two years. And while most of this capital has been directed toward Brazil and Mexico, …
February 12, 2020 | by RaheelMatteo Franceschetti, CEO of Eight Sleep, would prefer that you don’t call his startup a mattress company. Eight Sleep does sell mattresses, albeit smart ones packed with sensors and temperature regulation controls. The company has raised north of $70 million from backers including Founders Fund and Khosla Ventures. A great deal of this funding surrounds …
February 12, 2020 | by RaheelLast February we launched Extra Crunch, and today we’re celebrating its one-year anniversary. As a token of appreciation to our readers, we’re offering a limited-time deal for annual Extra Crunch membership. From now until the end of February, new users signing up for Extra Crunch in the U.S. can get a full year of membership …
February 12, 2020 | by RaheelCryptocurrency exchange Coinbase is launching margin trading today. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Margin trading is going to be available on Coinbase Pro, the company’s exchange interface for educated investors. Both retail and institutional investors will be …
February 12, 2020 | by RaheelMarketing startup Habu is emerging from stealth today and announcing that it has already raised $15 million in Series A funding. The company comes out of super{set}, the startup studio created by Krux founders Tom Chavez and Vivek Vaidya. In fact, Chavez is Habu’s chairman, Vaidya serves as CTO and their former Krux colleague Matt …
February 12, 2020 | by Raheel