Lidar startup Aeva to go public via $2.1 billion SPAC merger
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp., with a post-deal market valuation of $2.1 billion.
The deal with InterPrivate, which is led by pr
TVision raises $16M to measure viewer attention on connected TVs
TVision is building what its team hopes will become the standard for measuring streaming viewership — and to accelerate those efforts, it’s raised $16 million in new funding.
The New York City startup started by measuring traditional TV viewing, using webcams to determine whether viewers we
UK report spotlights the huge investment gap facing diverse founders
New research looking into how U.K. VC has been invested over the past decade according to race, gender and educational background makes for grim reading — with all-ethnic teams and female entrepreneurs receiving just a fraction of available funding versus all-white teams and male founders.
Th
UK’s Marshmallow raises $30M on a $310M valuation for more ‘inclusive’ car insurance
When it comes to using algorithms and other formulae to determine what kinds of services you might offer to specific customers and at what price, the insurance industry is one of the oldest in the book. But that legacy position masks the fact that some of its determinations might leave a lot to be
Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants
Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren's self-service distributed cloud platform is gaining traction in Southeast Asi
MG Siegler talks portfolio management and fundraising 6 months into the COVID-19 pandemic
This week, GV General Partner (and technewss alum) MG Siegler joined us on Extra Crunch Live for a far-ranging chat about what it takes to foster a good relationship between investor and startup, how portfolio management and investing has changed as the COVID-19 crisis drags on, and what Siegler e
The 2020s promise better tech solutions to humanity’s biggest problems
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Let’s think beyond Monday, for a minute, to the trends playing out in technology this coming decade. While humanity’s problems have ne
Dear Sophie: Would a Trump win abolish the H-1B visa lottery?
Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says
Join Greylock's Asheem Chandna on November 5 at noon PST/3 pm EST/8 pm GMT to discuss the future of enterprise and cybersecurity investing
The world of enterprise software and cybersecurity has taken multiple body blows since COVID-19 demolished the in-person office, flinging employees across the world and forcing companies to adapt to an all-remote productivity model. The shift has required companies to rethink not only collaboration
Nestlé acquires healthy meal startup Freshly for up to $1.5B
Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth.
Founded in 2015, Freshly is a New York City-based startup that offers healthy meals delivered to your home in weekly orders, which can then
New GV partner Terri Burns has a simple investment thesis: Gen Z
In 2015, then-Twitter product manager Terri Burns penned a piece about staying optimistic despite the sexism and racism that exists expansively within tech. “America has broke my heart countless times, but I believe that technology can be a tool to mend some of the woes of the world and produce t
Teachers are leaving schools. Will they come to startups next?
It wasn't the lingering exhaustion that made Christine Huang, a New York public school teacher, leave the profession. Or the low pay. Or the fact that she rarely had time to spend with her kids after the school day due to workload demands.
Instead, Huang left teaching after seven years because
E.ventures opens new office in Paris
VC firm e.ventures is expanding its footprint in Europe with a new office in Paris, as well as a new Paris-based partner. Jonathan Userovici, who previously worked for Idinvest Partners, is joining e.ventures as partner and head of the Paris office.
Originally founded in the U.S. 20 years ago, e.ve
Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways
Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel.
The deal, which comes just days after Daimler and Waymo announced plans to work together to b