Cockroach Labs scores $160M Series E on $2B valuation
Cockroach Labs, makers of CockroachDB, have been on a fundraising roll for the last couple of years. Today the company announced a $160 million Series E on a fat $2 billion valuation. The round comes just eight months after the startup raised an $86.6 million Series D.
The latest investment was led
Uber and Moderna partner on COVID-19 vaccine access and information
Uber and pharmaceutical company Moderna have announced a partnership around COVID-19 vaccination, which will include a number of different initiatives. To start, its only confirmed component is to provide users with credible, factual information about COVID-19 vaccine safety through Uber’s co
FTC settlement with Ever orders data and AIs deleted after facial recognition pivot
The maker of a defunct cloud photo storage app that pivoted to selling facial recognition services has been ordered to delete user data and any algorithms trained on it, under the terms of an FTC settlement.
The regulator investigated complaints the Ever app — which gained earlier notoriety f
Air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft
Archer, a company that’s looking to develop an airline of electric vertical take-off and landing (eVTOL) aircraft for use in urban transport, will work with automaker Fiat Chrysler Automobiles (FCA) in a new partnership to benefit from the latter’s expertise in engineering, design, supp
From crypto trading and home workouts to EV batteries and microLED displays, CES’ Taiwan startups cover a wide range of tech
For the past three years, the Taiwan Ministry of Science and Technology (MOST) has brought startups to CES. This year, its virtual pavilion, organized with Taiwan Tech Arena, is hosting 100 startups, organized into five categories: Smart Living, Tech for Good, Cybersecurity and Cloud, Healthcare an
Jedox raises over $100M to expand its financial modeling and analytics software to more verticals
Organizations today — perhaps more than ever before — are relying on technology to help them figure out what the next weeks, months and years will hold for their business at what has been one of the more tumultuous periods for our global economy in decades. Today, a company that is prov
Programmable genetics gets more cash as Tessera Therapeutics gets a $230 million infusion
Technologists are getting better at coding biology and venture firms are flooding a new generation of startups with cash so they can commercialize their technology bringing in the next wave of genetic innovation.
Tessera Therapeutics, the Boston-based spin-up from Flagship Pioneering, is the latest
UK tests ‘Space Tug’ capable of refiring its engine several times in orbit, and collecting space junk
U.K. space tech startup Skyrora is currently the only private company capable of launching rockets from U.K. soil. On Christmas Eve at its testing facility in Fife, Scotland, the team performed a third-stage static fire engine test onboard a new vehicle that will ultimately carry satellites to thei
Jobber raises $60M as its platform for home services professionals hits 100K users
One of the technology byproducts of the COVID-19 pandemic is that it has raised the game for businesses to have better digital tools in place to interface with customers, and their own work, to get things done. Today, a company called Jobber, which has built a platform doing just that for a particu
Yelp will show user feedback about businesses’ health and safety practices
Moving forward, Yelp users won’t just be asked whether a business has good food or accepts credit cards — the platform is also allowing them to share feedback on whether the staff is wearing masks and enforcing social distancing.
Yelp’s head of consumer product, Akhil Kuduvalli Ramesh
IBM leads US patent list for 2020 as total numbers decline 1% in pandemic year to 352,000
One year in, the COVID-19 global health pandemic continues to have something of a dragging effect on many aspects of life. But today, a key bellwether for how technology is developing underscored how the industry continues to march on. The number of patents granted in the U.S. in 2020 totaled 352,0
LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups
LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5 million), with an aspiration to reach a target size of €70 million. A final close is expected by
Two ex-Sequoia VCs: The most ‘compelling emerging market’ may be America, outside of Silicon Valley
Roughly eight years ago, investors Mark Kvamme and Chris Olsen left Silicon Valley to open a venture firm, Drive Capital, in Columbus, Ohio. It wasn’t an easy decision. Leaving California wasn’t exactly fashionable at the time. In fact, While Olsen had grown up in Cincinnati, the Yale g
Despite PR storm, Pinduoduo stock and downloads stay robust
Pinduoduo, a rapidly growing Chinese e-commerce company, is weathering its PR storm after the death of an employee sparked criticism against the firm’s grueling working hours.
The employee, 21 years old, collapsed on her way home from work on a late night before New Year. The cause of her dea