Mosaic raises $44M to automate the construction planning process
Mosaic Building Group, a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures.
New investors Starwood Capital, invisionAZ, Tekfen Ventures and Brightstone also put money in the round. They joined previous backers Andreessen
When I Work, a messaging app that lets shift-based teams schedule work and more, raises $200M
Hourly workers make up abut 55% of the working world, yet when it comes to tech built for the world of work, their so-called knowledge worker counterparts dominate the space. Today, an app built specifically to address the needs of the former is announcing a big round of funding — underscorin
Kenya’s Twiga raises $50M to scale food solutions across Africa
Years ago, Americans spent most of their disposable income on food, but consistent investment in retail infrastructure has changed that. Now, they only spend 6% of their household income on food and beverages.
Africa still battles with this, and it is not hard to see why. The continent's retai
Zepto, a 10-minute grocery delivery app in India, raises $60 million
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on Sunday they have raised $60 million to disrupt India's overcrowded and highly competitive grocery
A new venture studio, SuperLayer, aims to become a preeminent Web3 launch pad
There's a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create companies that then sell equity to VCs who expect that equity to rise in value, this new studio, Su
3 ways to humanize support automation
The global help desk automation industry is expected to grow to $11 billion by 2023 as support automation empowers companies to serve their customers more effectively. By automating repetitive tasks and FAQs, companies give employees more time to spend on more human tasks that involve building rela
Meta (Facebook) is buying Within, creators of the ‘Supernatural’ VR fitness app
A day after Facebook's rebranding as Meta (and simultaneous and unceremonious dropping of the Oculus brand), the company announced that it is acquiring Within. The Los Angeles firm is the developer of Supernatural, a Beat Saber-style workout app, Supernatural has been one of the real success st
Quick observations on Udemy's unicorn edtech IPO
Edtech unicorn Udemy priced its IPO at $29 per share, the upper end of its IPO range. Using a simple share count, the company was worth around $4 billion at its IPO price and a few hundred million more if a full -diluted share count is employed in our valuation calculations.
For edtech, the Udemy I
Balancing risk: Modern architecture’s role in the BNPL playbook
Buy now, pay later (BNPL) is an old form of payment that is new again in a big way. And that could mean trouble for BNPL fintechs that are just getting to know the world of lending and the pitfalls associated with traditional banking infrastructure.
Recent data from FIS — one of several payment p
When should your B2C startup enter a new market?
The toughest questions most entrepreneurs face will involve international expansion. Whether to, when to, where to and how to expand all involve a wealth of complex considerations. The stakes are high: Success could mean the creation of a global multimillion-dollar business, whereas failure can oft
Luma raises $4.3M to make 3D models as easy as waving a phone around
When online shopping, you’ve probably come across photos that spin around so you can see a product from all angles. This is typically done by taking a number of photos of a product from all angles, and then playing them like an animation. Luma — founded by engineers who left Apple’
Will Smith, Kevin Durant and Sean ‘Diddy’ Combs invest in electric boat startup Arc
Arc, a startup that launched 10 months ago with ambitions to electrify everything on the water, starting with a limited-edition $300,000 boat, has captured the attention and capital of some of the entertainment industry’s biggest stars. The startup, which closed a seed round in February led b
Freshly launched Span Drive continues Span’s mission to smarten up your home
Gone are the days when your A/C and washer/dryer were the movers and shakers (electrically speaking) in your house. These days, electric vehicle chargers, solar power and battery storage solutions set more electrons a-dancin’. Span is one of the companies running point on adding some smarts t
Social Chat launches with $6M to bring brands closer to their customers
When brands sell through social media and other third-parties, they often spend millions of dollars to advertise on those platforms, yet have little or no knowledge of who their customers actually are. Social commerce startup Social Chat is out to change that.
Frost Li, the former head of growth at