Amazon expands same-day Prime delivery to 6 more US cities
Amazon announced this morning it’s expanding its faster, same-day delivery service to half a dozen more U.S. cities. The service, which the retailer has been working to make same-day delivery even faster over the past year, now offers consumers in a number of markets the ability to shop up to
Robinhood is now a stonk
Update: Trading of Robinhood shares has been halted due to volatility. The company’s stock paused at $65.60 on Robinhood itself. Yahoo Finance has a higher $77.03 price on the company’s equity, up a stunning 64.59% today. Things are fluid, but Robinhood may have been halted and then ros
Apax to combine three social impact software companies in deal valued at $2B
Who says there is no big money in software aimed at helping people? Private equity firm Apax Funds announced this morning that it is combining three social impact firms to create a platform of sorts in a deal valued at $2 billion.
To build this social good juggernaut, Apax went out and purchased Ev
Baleon Capital closes first fund to provide capital infusion to healthcare startups
Baleon Capital, a one-year-old venture capital firm started by investment veteran Jon Kaiden, closed its first fund to invest in pre-Series A and Series A companies focused on health and medical care in the United States.
Before starting the Miami-based firm, Kaiden was a founding member and princi
Financial concierge startup Zeni banks $34M to show SMBs their finances in real time
Zeni, a Palo Alto fintech company providing real-time financial services data to venture-backed startups, raised $34 million in Series B funding led by Elevation Capital.
The new investment comes just five months after Zeni announced $13.5 million in a combined seed and Series A round. The company
Buildots raises $30M to put eyes on construction sites
One year after raising $16 million, construction technology company Buildots is back to claim another $30 million, this time in Series B funding.
Lightspeed Venture Partners led the round, with participation from previous investors TLV Partners, Future Energy Ventures, Tidhar Construction Group and
FullStory raises $103M at a $1.8B valuation to combat rage clicks on websites and apps
Even with all the years of work that have been put into improving how screen-based interfaces work, our experiences with websites, mobile apps and any other interactive service you might use still often come up short: we can’t find what we want, we’re bombarded with exactly what we don&
Suma Brands raises $150M to acquire more third-party brands for its Amazon roll-up play
Amazon has become a lynchpin in the e-commerce machine over the years in part because it’s a site we consumers can visit to buy just about anything we want — sold either by Amazon or its 5 million+ third-party merchants — and easily get it delivered to our homes. But the system is
ByteDance rival Kuaishou is shutting down controversial app Zynn
Kuaishou Technology, a Chinese firm perceived as a ByteDance rival by many, said on Wednesday it will shut down its controversial short-form video app Zynn later this month. The app was only available in the U.S.
The firm, which last month said it had amassed 1 billion monthly active users, didn
Naspers leads $11M investment in South African insurtech Naked
South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors Yellowwoods and Hollard also participated in the funding round.
This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South
Humanity launches ‘slow your aging’ app in the UK and raises $2.5M more from health investors
More than one smartphone app startup has tried to convince you that by using their app you will miraculously stave off the ravages of age and flab. All I need to do is flip open my phone and reel off a few: Gyroscope, MyFitnessPal, Welltory, ActivityTracker, SleepCycle. The list goes on. You name i
Autonomous cargo drone startup Elroy Air lands $40M Series A
Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin's venture capital arm, to ramp up the building, testing and validation of its inaugural autonomous cargo drone.
The funding round saw participation from Marlinspike Capital and Prosperity7, as well as existing
Product-led revenue startup Correlated launches with $8.3M seed
Correlated on Wednesday announced it raised $8.3 million in seed funding to launch its product-led growth platform for sales teams.
NextView Ventures and Harrison Metal co-led the round and were joined by Apollo Projects, Attentive co-founders Brian Long and Andrew Jones, Cockroach Labs co-founder
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation
These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fancy credit cards or paying interest.
In what seems to be a consolidation of some sorts, fintech jugge