Headlines | Technology | Reviews | Gadget Updates
Lime, the well-funded startup known for its fleet of brightly colored dockless bicycles and electric scooters, has a new way for its customers to get around: cars. Beginning this week, Lime users in Seattle will be able to reserve a “LimePod,” a Lime-branded 2018 Fiat 500, within the Lime mobile app. There will be 50 …
November 13, 2018 | by RaheelRideCell, a transportation software startup, has doubled its previously announced Series B funding round to $60 million, a sign that investors believe demand for cloud-based mobility platforms will grow as more companies try to scale up car-sharing, ride-hailing and even robotaxi businesses. The company, which has developed a platform designed to help car-sharing, ride-sharing and autonomous …
November 13, 2018 | by RaheelApproximately 90 percent of people in need of rehabilitation services for drug and alcohol abuse don’t have access to them, according to a Substance Abuse and Mental Health Services Administration survey. Why? Often, because they don’t know where to look. Santa Monica-based WeRecover wants to fill that information gap with its Kayak-like online booking engine for rehab centers. …
November 13, 2018 | by RaheelWeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at …
November 13, 2018 | by RaheelThe Brazilian technology conglomerate Movile has just raised one of the largest rounds ever recorded for a Latin American startup, pulling in an additional $400 million for its iFood subsidiary from existing investors, including Naspers and Innova Capital. Founded roughly 20 years ago by chief executive officer Fabricio Bloisi, the company, which began as a …
November 13, 2018 | by RaheelAtolla, a skin care startup that got its roots at MIT, is launching a Kickstarter campaign to help people achieve their skin goals. Atolla uses machine learning to identify skin health issues and then recommend the right skin care products based on what affects your skin. Atolla comes as a monthly subscription, with the idea …
November 13, 2018 | by RaheelFive-minute meditation app Simple Habit announced today that it has raised a $10 million Series A, led by Foundation Capital. The round brings the developer’s total funding up to $12.5 million, following a $2.5 million seed last year. The Shark Tank alum has been kicking since 2016, the result of CEO and co-founder Yunha Kim’s …
November 13, 2018 | by RaheelCognigo, a startup that aims to use AI and machine learning to help enterprises protect their data and stay in compliance with regulations like GDPR, today announced that it has raised an $8.5 million Series A round. The round was led by Israel-based crowdfunding platform OurCrowd, with participation from privacy company Prosegur and State of …
November 13, 2018 | by RaheelRetail tech SaaS platform Mercaux has closed a £3.5 million (~$4.5M) Series A funding round led by European VC fund Nauta Capital. The 2013 founded London-based startup sells software for retailers to tap into digital capabilities in their physical retail stores — offering a modular platform that’s intended to support digital transformations at a pace of the …
November 13, 2018 | by RaheelElavon, a U.S. Bank-owned payment processing company, and National Australia Bank have participated in the $100 million Series C for Poynt, a developer of smart payment terminals and an open operating system that powers any payment terminal worldwide. Palo Alto-based Poynt was launched in 2014 by Osama Bedier, the former vice president of Wallet and Payments at Google. Prior …
November 13, 2018 | by Raheel