Browsing Category: Startups

  • Optimized sensors are key to future of automated vehicles

    Puneeth Meruva Contributor Share on Twitter Puneeth Meruva is an Associate at Trucks Venture Capital, studied EECS at MIT and developed vehicle telematics software at Microsoft Research, BMW and Uber. Sensors are critical components of the modern vehicle. They are the eyes of a car, enabling everything from existing ADAS (Advanced Driver-Assistance Systems) features such …

    June 10, 2020 | by Raheel
  • Cue Health raises $100 million to speed development of rapid, portable COVID-19 diagnostics

    San Diego-based startup Cue Health has closed a $100 million Series C funding round, including participation from Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation, ACME Capital and others. The funding will be used to help Cue finish up development, validate and scale production of its Cue Health Monitoring System and test …

    June 10, 2020 | by Raheel
  • Insurance data analytics platform Planck raises $16 million Series B

    Planck, an AI-based data platform for insurance underwriting, announced today that it has raised a $16 million Series B led by Team8 Capital. All of the startup’s existing investors — Viola FinTech, Arbor Ventures and Eight Roads — also participated, while Nationwide and Hannover Digital Investments joined as strategic investors. Based in New York, Planck …

    June 10, 2020 | by Raheel
  • Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills

    When TechCrunch last checked in with the Y Combinator-backed Vendr in October, the company had just raised $2 million, and was crowing about its profitability. Profitable seed-stage companies aren’t super common, so the startup stood out. Today Vendr is back with more news, namely that it has raised $4 million more, this time led by …

    June 10, 2020 | by Raheel
  • M1 Finance raises $33M Series B as it reaches $1.45B AUM

    Today M1 Finance, a Chicago-based fintech startup focused on consumer finance, announced that it has closed a $33 million Series B. Left Lane Capital led the round, with participation from Clocktower Technology Ventures and Jump Capital. The firm has raised around $54.5 million to date. M1 Finance caught TechCrunch’s attention earlier in the year when …

    June 10, 2020 | by Raheel
  • Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival

    Update: Just Eats Takeaway confirmed today in a release that “it is in advanced discussions with Grubhub regarding an all-share combination of Just Eat Takeaway.com with Grubhub .” More when we have it. Reports this morning indicate that Uber, the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, …

    June 10, 2020 | by Raheel
  • The pace of startup layoffs may be slowing down

    Startups hit the brakes in March as COVID-19 took a toll on the global economy. As certain industries ground to a halt, cohorts of startups made staffing cuts, including those focused on serving restaurants and travel. The waves of startup layoffs in the COVID-19 era hit companies large and small, impacting even the richest, most …

    June 10, 2020 | by Raheel
  • MessageBird launches an ‘omni-channel’ Intercom competitor

    Following the launch of Inbox.ai in March — its “Slack for external communications” — Amsterdam-headquartered MessageBird is continuing to place big bets on a messaging-first future. Not content with building a platform for customer service teams that lets them communicate with customers on a channel of their choosing, including all of the most popular messaging …

    June 10, 2020 | by Raheel
  • RapidSOS raises $21M to continue expanding its data platform for first responders

    The global health pandemic has shed new light on how essential it is to have accurate data about an individual’s situation to assess the severity of his or her condition, and for those responding to emergencies to have it as instantly as possible to make the right choices in terms of care. Today, a startup …

    June 10, 2020 | by Raheel