Tap Network raises $4M for its customizable rewards program
Tap Network is providing a new approach to loyalty rewards programs that it describes as “rewards as a service.”
You may recognize the Tap Network name, as well as its co-founder and CEO Lin Dai, from Hooch, a startup that offered a drink-a-day subscription service before shifting focus
Lt. Gen. John Thompson explains how startups can interact with the Space Force
Space Force’s Lt. Gen. John Thompson spoke at TC Sessions: Space earlier this week. Throughout the wide-ranging interview, General Thompson explained the various ways and means for how private companies like startups should interact with Space Force.
Gen. Thompson knows what he’s talkin
Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues
Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash.
The company’s credit portfolio has crossed 1 billion reals ($196.66 million) and the new round will value the com
Indian food delivery giant Zomato secures $660 million
Zomato has raised $660 million in a financing round that it kicked off last year as the Indian food delivery startup prepares to go public next year.
The Indian startup said Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae and Steadview participated in the round —
Avenue 8 raises $4M to rebuild the traditional real estate brokerage model
We’ve seen a big wave of proptech startups emerge to reimagine how houses are bought and sold, with some tapping into the opportunity with distressed property, and others exploring the “iBuyer” model where houses are bought and fixed up by a single startup and resold to homeowners
Remote physical gaming site Surrogate.tv raises a $2.5M seed round
I was made aware of Surrogate.tv's work earlier this year when the site released a Mario Kart Live: Home Circuit tournament. Nintendo's IRL take on its popular racing title was a great showcase for the technology — though, admittedly, there was enough lag in the remote operation to ma
Foresight raises $15M for its construction workers’ compensation platform
When an accident on a building site resulted in the death of their friend, the founders of Safesite were inspired to launch the platform to digitize safety programs for construction. The data from that gave birth to a new insurtech startup this year, Foresight, which covers workers’ compensat
V7 Labs raises $3M to help AI teams 'automate' training data workflows
V7 Labs, the makers of a computer vision platform that helps AI teams “automate” and future-proof their training data workflows as advances in AI continue, has picked up $3 million in funding. Leading the seed round is Amadeus Capital Partners, with participation from Partech, Nathan Be
Mental wellness platform Lyra Health is raising up to $175M at a $2.25B valuation
January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing.
The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Even the spread of remote work is part of t
Social gaming platform Rec Room scores $20 million Series C
Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there.
The startup has closed a $20 million Series C led by Madrona Venture Group. Existing investors, including First Round Capital, Index, Sequoia and DAG,
Coinbase files to go public confidentially and we’re hyped
Coinbase, perhaps the best-known American crypto company, announced today that it has filed confidentially to go public. The company’s debut was expected, having been reported earlier in the year.
As the well-funded unicorn has filed confidentially, its debut looks to be an early-2021 affair.
‘Gas stations in space’ startup Orbit Fab extends seed round to $6M with strategic investor Munich Re Ventures
On-orbit servicing startup Orbit Fab, which bills itself as the company focused on creating “gas stations in space,” has added an additional investor to its seed funding round. The add-on investment comes from Munich Re Ventures (the corporate VC arm of Munich Re Group, one of the large
Update: Discord confirms raising $100M at a valuation of $7B
The world of virtual communications continues to hold a central place in our socially-distanced lives, and today it looks like one of the companies reaping some of the spoils is also reaping some funding out of it. Discord, the chat and communications platform wildly popular with gamers and, increa
Increasing diversity in tech hiring requires a common-ground approach
The pandemic is surging in America once more. If this past year is any indication, it will hurt all of us — but communities of color will continue to suffer disproportionately.
Black and brown folks will make up more of the sick and the dying, and Black and brown businesses and employees will mak