Waymo and J.B. Hunt partner to bring autonomous trucks to Texas in new pilot
Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country's busiest trade corridors.
Waymo Via, the company's trucking and cargo tran
Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds
TreasurySpring is a fintech startup that is now opening up access to its ‘Fixed-Term Funds’ platform. It’s raised a $10 million Series A investment round co-led by MMC Ventures and Anthemis Group. Existing investors, including ETFS Capital, participated, taking the total it has ra
RSA spins off fraud and risk intelligence unit as Outseer
RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions.
Led by CEO Reed Taussig, who was appointed head of RSA’s Anti-Fraud
Slintel scores $20M Series A as buyer intelligence tool gains traction
One clear outcome of the pandemic was that it pushed more people to do their shopping online, and that was as true for B2B as it was for B2C. Knowing which of your B2B customers are most likely to convert puts any sales team ahead of the game. Slintel, a startup providing that kind of data, announc
Seven Seven Six, the new venture firm from Alexis Ohanian, closes $150 million Fund 1
In June of last year, Alexis Ohanian announced that he was leaving Initialized Capital, the venture firm he co-founded alongside Garry Tan in 2011. Nearly a year later, he’s announcing that his new venture firm, Seven Seven Six, has raised $150 million for its first fund.
Seven Seven Six is n
Recorded Future launches its new $20M Intelligence Fund for early-stage startups
Threat intelligence company Recorded Future is launching a $20 million fund for early-stage startups developing novel data intelligence tools.
The Intelligence Fund will provide seed and Series A funding to startups that already have venture capital funding, Recorded Future says, as well as equip
Punchbowl nabs $5M investment, acquires VidHug to add video to party planning platform
When the pandemic hit last year, Punchbowl, an online party planning service, was left in the lurch with gatherings all but shut down. But instead of lamenting the situation, founder and CEO Matt Douglas went to work to rethink the company’s approach. He started by expanding the company’
Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US
Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion.
Rumors swirled in recent weeks that Klarna had raised more money at a valuation north of $40 billion.
Microsoft plans to launch dedicated Xbox cloud gaming hardware
Microsoft will soon launch a dedicated device for game streaming, the company announced today. It’s also working with a number of TV manufacturers to build the Xbox experience right into their internet-connected screens and Microsoft plans to bring cloud gaming to the PC Xbox app later this y
Can payday loans be made obsolete? With $15M more, Clair wants to find out
The world seems to move faster every year, and yet, nothing feels slower than the speed by which paychecks get distributed. In the United States, work conducted the day after a pay period will take two weeks just to process, with a check or direct deposit coming another week or two later. For the t
Payments giant Stripe launches Stripe Tax to integrate sales tax calculations for 30+ countries
On the heels of acquiring sales tax specialist TaxJar in April, today Stripe is making another big move in the area of tax. The $95 billion payments behemoth is launching a new product called Stripe Tax, which will provide automatic, updated sales tax calculations (covering sales tax, VAT and GST)
New South African partnership gets $3M, launches telehealth product
For the early detection and treatment of health conditions, easy access to primary healthcare is crucial. Primary healthcare is best delivered by teams of primary care clinicians coordinating care between them. However, ubiquitous access to such care is scant across Sub-Saharan Africa.
There is a r
AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding
Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers, said on Thursday it has raised $220 million in a new round as it looks to accelerate its growth.
SoftBank Vision Fund 2 led the Series E round of the five-year-old startu
Corporate services “superapp” Osome lands $16M Series A
Osome, a startup that combines multiple corporate services for SMEs into one “superapp,” has raised a $16 million Series A. The round included returning investors Target Global, AltaIR Capital and Phystech Ventures, and new backers S16VC and venture capitalist Peng T. Ong, who joined as an ange