Archives

Hair Regeneration Therapy Company Stemson Therapeutics Raises $7.5 Million

By Dan Anderson ● Sep 21, 2020

Stemson Therapeutics announced that it has raised a $7.5 million seed round of funding led by Allergan Aesthetics (an AbbVie Company) and impact investor Fortunis Capital to advance the development of Stemson’s therapeutic solution to cure hair loss.

Contactless Ordering And Payments Company GoTab Raises $6 Million

By Annie Baker ● Sep 21, 2020

Arlington, VA-based GoTab — a mobile POS and contactless ordering and payments platform company for hospitality — announced that it has raised $6 million.

Digital Quantum Computing Company Seeqc Raises $22.4 Million

By Dan Anderson ● Sep 21, 2020

Digital Quantum Computing company Seeqc announced it has raised a total of $22.4 million in its Series A fundraising led by the EQT Ventures fund to advance commercially viable application-specific quantum computing systems.

Contact Center AI Leader Observe.AI Raises $54 Million

By Annie Baker ● Sep 21, 2020

Contact Center AI leader Observe.AI recently announced a $54 million Series B financing led by Menlo Ventures with participation from Next47 Ventures and NGP Capital.

Microsoft (MSFT) Buying ZeniMax And Game Publisher Bethesda Softworks For $7.5 Billion In Cash

By Amit Chowdhry ● Sep 21, 2020

Microsoft (NASDAQ:MSFT) announced it is planning to buy ZeniMax Media, the parent company of Bethesda Softworks for $7.5 billion in cash.

Ford Motor Company Building A $700 Million Electric Truck Facility In Dearborn

By Amit Chowdhry ● Sep 21, 2020

Ford Motor Company (NYSE: F) announced recently that it is planning to create 300 jobs as it builds a $700 million electric truck plant at its Rouge complex in Dearborn, Michigan.

Amazon (AMZN) Investing In Battery Recycling Company Redwood Materials

By Dan Anderson ● Sep 21, 2020

Amazon.com, Inc. (NASDAQ: AMZN) is investing in a battery recycling startup called Redwood Materials - which is a company founded by former Tesla executive JB Straubel.

Microbiome Drug Development Company Finch Therapeutics Raises $90 Million

By Annie Baker ● Sep 21, 2020

Clinical-stage microbiome drug development company Finch Therapeutics announced that it has raised a $90 million Series D funding round.

Nikola (NKLA): Trevor Milton Resigning As Executive Chairman And From The Board

By Amit Chowdhry ● Sep 21, 2020

Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton announced he is stepping down as executive chairman and board member of the company.

EVERFI Reveals $100 Million Commitment For Addressing Systemic Social Injustice With Free Digital Education For K-12 Schools

By Noah Long ● Sep 21, 2020

EVERFI, a leading social impact education innovator, announced a $100 million three-year commitment to build new and expand current courses that address topic areas that lead to systemic social injustice and economic disparities across the country.

Cloud-Native Data Analytics Company Devo Technology Raises $60 Million

By Dan Anderson ● Sep 21, 2020

Cloud-native data analytics and security company Devo Technology announced that it has raised a $60 million Series D round of funding.

Chime: Massive $485 Million Funding And $14.5 Billion Valuation

By Amit Chowdhry ● Sep 20, 2020

Chime — a company that offers mobile banking services through mobile devices — announced it has raised $485 million in funding at a massive $14.5 billion valuation.

Boosted Commerce: $87 Million Funding And Acquisition Of Six Amazon Fulfillment Companies

By Amit Chowdhry ● Sep 20, 2020

Personal Training Platform Tonal Raises $110 Million

By Amit Chowdhry ● Sep 20, 2020

Tonal — an advanced strength and personal training platform that combines proprietary digital weight, artificial intelligence, and coaching — announced $110 million in new capital.

Oracle (ORCL) And Walmart (WMT) Receive Tentative Government Approval For TikTok

By Amit Chowdhry ● Sep 20, 2020

Oracle (NYSE: ORCL) and Walmart (NYSE: WMT) will invest to acquire 20% of TikTok Global business as President Donald Trump offers tentative approval for an agreement.

Sony PlayStation 5: Pricing And Release

By Dan Anderson ● Sep 20, 2020

Sony Interactive Entertainment (SIE) recently announced the launch date and pricing information for the PlayStation 5. These are the details.

Cloud Collaboration Tool Company Air Raises $12 Million

By Annie Baker ● Sep 19, 2020

Cloud collaboration tool company Air announced it has raised $12 million in a Series A round of funding led by Tiger Global.

Cambridge Quantum Computing Launches Cloud-Based Quantum Random Number Generation

By Amit Chowdhry ● Sep 19, 2020

Cambridge Quantum Computing (CQC) has launched the first cloud-based Quantum Random Number Generation (QRNG) Service with integrated verification for the user.

Live Online Education Experience Company Outschool Raises $45 Million

By Dan Anderson ● Sep 19, 2020

Outschool recently announced it raised $45 million in additional funding to be used to accelerate hiring and product development for its K-12 education marketplace.

Credit Card Alternative Affirm Raises $500 Million

By Annie Baker ● Sep 18, 2020

Affirm — a flexible and transparent alternative to credit cards — announced it has raised a $500 million Series G round of funding.

Subscription Commerce Platform AppDirect Raises $185 Million

By Dan Anderson ● Sep 18, 2020

Leading subscription commerce platform AppDirect announced it raised $185 million from global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and existing investors.

Multiplayer Gaming Party App Bunch Raises $20 Million

By Annie Baker ● Sep 18, 2020

Bunch — a party app for multiplayer games — announced that it has raised $20 million in Series A funding led by General Catalyst.

Cloud Security Company JupiterOne Raises $19 Million

By Noah Long ● Sep 18, 2020

Cloud security company JupiterOne announced it has raised $19 million in venture funding led by Bain Capital Ventures.

Middle-Mile Drone Delivery Volansi Closes $50 Million In Funding

By Dan Anderson ● Sep 18, 2020

Volansi — a leader in vertical take-off and landing (VTOL) middle-mile drone delivery services — announced recently that it closed $50 million in Series B funding.

Google Fiber Is Going To Start Offering 2 Gbps Internet This Year

By Amit Chowdhry ● Sep 17, 2020

This year, Google Fiber is going to double the maximum Internet speed it offers to customers from 1 Gbps to 2 Gbps. This plan will cost $100 per month.

Data Virtualization Company Varada Raises $12 Million

By Dan Anderson ● Sep 17, 2020

Big data query acceleration innovator Varada recently announced that it has raised a $12 million Series A round of funding.

Greylock Partners: $1 Billion Raised For Sixteenth Fund

By Amit Chowdhry ● Sep 17, 2020

Menlo Park, California-based venture capital firm Greylock Partners has raised $1 billion for its sixteenth fund.

Facebook Is Buying REI Headquarters In Bellevue, Washington For $368 Million (FB)

By Amit Chowdhry ● Sep 17, 2020

Recently, outdoor sporting goods company REI announced it was selling its headquarters in Bellevue, Washington. And Facebook is buying it for $368 million.

Goldman Sachs (GS) Names New EMEA And LatAm Investment Banking Heads

By Amit Chowdhry ● Sep 16, 2020

Recently, Goldman Sachs Group Inc (NYSE: GS) announced new heads for its EMEA and LatAm investment banking divisions. These are the details:

Fountain Names Sean Behr As Chief Executive Officer

By Dan Anderson ● Sep 16, 2020

High-volume talent acquisition platform Fountain announced it has appointed Sean Behr as Chief Executive Officer.