Bryte raises $24M and begins licensing its tech in addition to selling $8K AI-powered mattresses
Bryte today announced $24 million in Series A funding led by ARCHina Capital. This comes as the company moves away from selling its $8,000 mattress direct to consumers and instead is working with partners who will utilize Bryte’s technology in their mattresses.
Bryte says several deals are in
Rapyd raises $300M on a $2.5B valuation to boost its fintech-as-a-service API
A wave of organizations — propelled by global COVID-19 pandemic circumstances — are moving their commercial and financial interactions online, and today one of the big players helping to enable that shift is announcing a significant round of growth funding to expand the tools and servic
Business trip platform TravelPerk buys YC-backed rival NexTravel
Barcelona-based TravelPerk has scooped up US-based rival NexTravel as the pandemic drives consolidation in one of the sector’s hardest hit by COVID-19.
It’s not disclosing how much it’s shelling out for NexTravel, which has some 700 customers globally and has processed around 300,
Chinese facial recognition unicorn Megvii prepares China IPO
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned listing, according to an announcement posted by the China Securities Regulatory Commission on Tuesday.
Molotov starts its international expansion with seven African countries
French startup Molotov provides an OTT TV streaming service in France with live TV, premium channels, a cloud DVR and on-demand content. While the service has managed to attract 13 million users in France, it has yet to expand to other countries.
Molotov is starting its international expansion this
Glassdoor: Best tech companies to work for in 2021
"">Glassdoor just released its annual ranking of the best companies to work for in 2021. We broke out the top 10 tech companies from the list of large businesses (1,000+ employees) as well as from the small to medium-sized business list.
For the large business list, the rankings are based on employe
Yo-Kai Express introduces Takumi, a smart home cooking appliance
Yo-Kai Express is known for autonomous restaurant technology for venues like office campuses, malls and hotels. As people continue staying home because of the COVID-19 pandemic, however, the company is introducing a smart home cooking appliance with multiple functions. Called Takumi, it includes a
Numbers Protocol’s blockchain camera Capture App safeguards the integrity of photos
The spread of misinformation and fake news online has a dangerous impact on public well-being. Misinformation is difficult to fight, and 73% of Americans surveyed by Pew Research ahead of the presidential election expressed little or no confidence in the ability of major tech companies to keep thei
Visa will not acquire Plaid after running into regulatory wall
Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup.
The deal, valued at $5.3 billion at the time of its announcement, first broke cover on January 13, 2020, or nearly one year ago to the day. However, t
Techstars names Maëlle Gavet CEO as the accelerator group looks to expand
This morning Techstars, a network of startup accelerators and a venture capital fund, announced that Maëlle Gavet is its new CEO. Former CEO and co-founder David Brown will stay on Techstars’ board, while the group’s other co-founder, David Cohen, will become the chairman of its board.
Weber acquires smart cooking startup June
Outdoor cooking industry leader and famed kettle-grill-maker Weber has acquired June, the smart cooking startup founded in 2013 by Matt Van Horn and Nikhil Bhogal. While financial terms of the deal weren’t disclosed, Weber has confirmed that June will continue to operate as its own brand whol
These 5 VCs have high hopes for cannabis in 2021
Cannabis has always been essential to some. While it had seemed to start last year in a bit of a correction, demand for it during the pandemic (and its widespread designation as an essential business), created a breakthrough for the industry. We saw early signs of that in our cannabis investor surv
Capchase nabs $60M in credit to help founders avoid dilution
No one likes dilution, and that's why every founder is looking for alternatives to traditional equity investing by venture capitalists. Financial entrepreneurs have launched a number of products, from SaaS securitization to debt-based financing, to help founders avoid that dilution, particularl
Slim.ai announces $6.6M seed to build container DevOps platform
We are more than seven years into the notion of modern containerization, and it still requires a complex set of tools and a high level of knowledge on how containers work. The DockerSlim open-source project developed several years ago from a desire to remove some of that complexity for developers.