Mexican challenger bank Fondeadora adds $14 million to its Series A
Fondeadora, a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. I covered the company's original round back in August 2020. And now, Fondeadora is adding $14 million on top of the original $14 million it had already raised — it now r
Olo raises IPO range as DigitalOcean sees possible $5B debut valuation
It’s a busy day in IPO-land: Olo has raised its IPO range and DigitalOcean is giving us a first look at what it may be worth when it debuts.
That Olo raised its IPO price is not a huge surprise, given the software company’s rapid growth and profits. In the case of DigitalOcean, we have
Swell launches its app for asynchronous voice conversations
You might think that Clubhouse is the final word on audio-centric social networks, but a San Francisco startup called Swell is launching its own iOS and Android app focused on voice conversations.
The big difference: While conversations on Clubhouse all happen in real time — meaning that you'
BMW debuts the next generation of its iDrive operating system
For modern cars, the standalone, photo-frame-like display in the center of the dashboard has become something of a default. But with its next-generation iDrive 8 system, BMW is moving away from this design language by introducing what it calls the “BMW Curved Display,” which takes this
The Station: Via makes a $100M acquisition and a chat with GM about battery tech
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Court overturns Amsterdam’s three-district ban on Airbnb rentals
A ban by Amsterdam authorities on housing owners offering their properties for vacation rentals in three central districts of the popular tourist city has been overturned after a court ruled it has no basis in law.
City authorities had been responding to concerns over the impact of tourist platform
4 signs your product is not as accessible as you think
For too many companies, accessibility wasn’t baked into their products from the start, meaning they now find themselves trying to figure out how to inject it retrospectively. But bringing decades-long legacy code and design into the future isn’t easy (or cheap).
Businesses have to overc
US e-commerce on track for its first $1 trillion year by 2022, due to lasting pandemic impacts
The COVID-19 pandemic boosted U.S. online shopping by $183 billion, according to a new report by Adobe’s e-commerce division, released this morning. This figure represents the increase in online shopping during the months of March 2020, when the pandemic began in the U.S, through February 202
Cruise acquires self-driving startup Voyage
Voyage, the autonomous vehicle startup that spun out of Udacity, has been acquired by Cruise, a deal that points to the continued consolidation within the nascent industry.
Financial terms of the deal were not disclosed; the majority of Voyage’s 60-person team will move over to Cruise and the
Double your founder knowledge and save with a dual ticket to TC Early Stage 2021
Early-stage founders, why not take a page from the old Doublemint gum slogan — double your pleasure, double your fun — and buy a dual-event pass for access to both TC Early Stage 2021 events? We can't promise minty-fresh breath, but you will get twice the knowledge and double the opportunit
Desktop Metal launches a health-focused business line
Mass manufacturing may be the future of 3D printing (one hopes), but health products are very much its present. From orthodontics to prosthesis, medical needs are right in the sweet spot for additive manufacturing. Prototyping is a category with a specific ceiling, while true mass manufacturing is
Netflix gets 35 Oscar nominations, including 10 for 'Mank'
Netflix’s original films received 35 Oscar nominations this year, once again putting the streaming service ahead of any other Hollywood studios.
“Mank” led the pack with 10 nominations, including Best Picture, Best Director (David Fincher), Best Actor in a Leading Role (Gary Oldman) and B
Relativity Space lands first Department of Defense launch contract
Relativity Space already has a significant volume of launch contracts on the books — more pre-sales for its Terran 1 rocket than any other launch vehicle in history, in fact, according to CEO and co-founder Tim Ellis. But its latest customer is a key one: The U.S. Department of Defense, which
Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
Airtable, the no-code relational database that has amassed a customer base that spans 250,000 different organizations, has today announced the close of $270 million in Series E funding. The valuation comes out to $5.77 billion post-money, more than doubling its valuation from September, when it rai