Marc Lore-backed ‘conversational commerce’ startup Wizard raises $50M Series A from NEA
Marc Lore, who earlier this year stepped down from his role as Walmart’s head of U.S. e-commerce, is now backing a new startup in the e-commerce space called Wizard. Lore has taken on the roles of co-founder, chairman of the board and investor in Wizard, a B2B startup in the “conversati
As Logicworks approaches $100M in revenue, it announces new cloud migration platform
Logicworks might not be a household name, but since 2012 it has been working with customers to help them move to the cloud and manage their workloads once they get there. By following that approach, the late-stage startup is closing in on $100 million in revenue. Today, it announced a new Cloud Rel
Cabify bolts on grocery deliveries in Spain with Lola Market tie-up
Spanish ride-hailing unicorn Cabify is getting into grocery deliveries as it looks to add another string to its multimodal mobility and urban utility bow.
It announced the addition of a “Super” option in its app today — which is available for users in nine cities in its home marke
Pandemic-driven boom in e-commerce helps Huboo’s warehousing platform close $81M
Many e-commerce businesses run their entire order fulfillment process in-house because outsourcing it can be expensive. But the COVID-19 pandemic has supercharged many small and medium-sized businesses (SMBs) as consumers switched to home deliveries and “digitized” their lifestyles to a
Rigetti Computing goes public via SPAC merger
Rigetti Computing, one of the most visible quantum hardware startups, today announced that it is going public through a merger with the Supernova Partners Acquisition Company II SPAC. Once the transaction closes, Rigetti’s ticker symbol on the New York Stock Exchange will be “RGTI.̶
Pattern bags $225M; CEO says e-commerce accelerators 'will win the day' over aggregators
Pattern, a Lehi, Utah-based e-commerce accelerator that helps brands optimize sales on marketplaces like Amazon, Walmart, Target, eBay and Google, brought in $225 million in growth funding to continue developing its technology and expand its global presence.
The new round was led by Knox Lane. Patt
High Alpha opens third venture studio: co-founder calls venture market 'hot and crazy'
Venture studio High Alpha launched its third studio Wednesday, continuing to create, launch and scale enterprise cloud companies.
The Indianapolis firm typically begins a new studio every three years, and is a model of entrepreneurship that combines startup creation with venture funding. Co-founder
Kyte wants to build the foundation for autonomous rental car delivery
Kyte, a fleet-logistics platform that allows customers to order rental cars delivered right to their doors, has raised a $30 million Series A round. In the short term, the startup wants to expand into new cities, countries and verticals, but the long-term goal is to build out a platform that can de
Tiger Global backs Favo, which is building an easier way for Latin Americans to order groceries online
Favo, a Brazilian social commerce platform, closed on $26.5 million in Series A funding to continue developing its app that takes grocery orders through local social networks.
Tiger Global Management led the round, with existing investors GFC, Elevar Equity, Kevin Efrusy, David Velez, FJ Labs and H
Google sets up $50M fund to invest in African startups
Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent.
Google made known its plans today in a virtual event where CEO Sundar Pichai announced the tech giant’s intentio
Amazon opens its first 4-star store outside the US
Amazon has opened a 4-star store in Bluewater, a mall located just southeast of central London. And it’s not just the first 4-star store outside the US, it’s also the company’s first shop in the UK that sells non-food and non-perishable items. Similar to Amazon’s 4-star stor
Uber pilots new features to reserve rides at airports
Uber is piloting new app features aimed at making air travel more hassle-free, including the ability to reserve rides from airports, gain access to enhanced curbside pickup, request a ride once you land and order food in advance from airport restaurants for pickup.
Uber Reserve at Airports will all
Databricks acquires 8080 Labs to extend its low-code/no-code capabilities
Databricks today announced that it has acquired German startup 8080 Labs, the company behind bamboolib, a popular GUI for the Python-based Pandas data analysis and manipulation tool. Bamboolib allows data scientists to quickly and easy explore their data and transform it without having to write any
Google confirms $1B investment into Africa, including subsea cable for faster internet
The developing world represents the best chance of growth for large internet companies, and today one of the very biggest set out its strategy for how it plans to tackle that.
Google said that it would be investing $1 billion to support “digital transformation” across Africa. This will include