Archives

Robotic Operations Company Formant Raises $6 Million In Seed Funding

By Annie Baker ● Dec 20, 2018

Formant, a stealth startup founded by former robotics experts at Google, has raised $6 million in a seed round of funding.

Report: Ola To Invest $100 Million In Scooter Sharing Company Vogo

By Amit Chowdhry ● Dec 20, 2018

India-based cab-hailing service Ola is reportedly making a $100 million strategic investment in scooter sharing startup Vogo.

Ford Prototypes A Noise-Cancelling Kennel For Dogs

By Annie Baker ● Dec 20, 2018

Ford has made a prototype of noise-cancelling kennel for dogs based off the Active Noise Control system built into the Edge SUV.

Los Gatos-Based Web Data Integration Solution Company Import.io Raises $15.5 Million

By Dan Anderson ● Dec 20, 2018

Los Gatos, California-based web data integration platform company Import.io announced that it has raised $15.5 million in Series B funding.

Boston-Based Learner Engagement Platform Company Ambi Secures $6.5 Million

By Annie Baker ● Dec 20, 2018

Ambi, a Boston-based Learner Engagement Platform company, announced that it has raised $6.5 million through seed and Series A funding.

Chicago-Based Wine Marketplace Company Winestyr Raises $3 Million

By Noah Long ● Dec 20, 2018

Chicago-based Winestyr has raised $3 million in funding led by Continental Investors to scale its Direct-to-Consumer wine marketplace.

Toronto-Based Cybersecurity Protection Company Cybeats Secures $3 Million

By Dan Anderson ● Dec 20, 2018

Cybeats, a Toronto-based company that prevents cybersecurity threats for Internet of Things (IoT) devices, has raised $3 million in funding.

Clearbanc Raises $50 Million To Help Fund E-Commerce Businesses

By Amit Chowdhry ● Dec 20, 2018

Clearbanc, a company that provides e-commerce businesses with growth financing, has raised $50 million in funding just weeks after securing $70 million.

Bristol-Based Artificial Intelligence Chipmaker Graphcore Raises $200 Million

By Noah Long ● Dec 20, 2018

Graphcore, a Bristol, UK-based artificial intelligence chipmaker, has raised $200 million in Series D funding.

The Boring Company’s High-Speed Tunnel Gets Unveiled

By Amit Chowdhry ● Dec 20, 2018

The Boring Company, a tunnel construction company founded by Elon Musk, has unveiled its 1.14 mile demonstration track in Hawthorne, California.

Provo-Based Caresharing App Company Momni Raises More Than $1.75 Million

By Annie Baker ● Dec 19, 2018

Momni, a Provo, Utah-based caresharing app company, announced that it has raised more than $1.75 million.

London-Based Children’s Entertainment Company Moonbug Raises $145 Million

By Annie Baker ● Dec 19, 2018

London-based children’s entertainment company Moonbug has raised $145 million in Series A funding.

Kroger And Nuro Begin Unmanned Grocery Delivery Service

By Dan Anderson ● Dec 19, 2018

Kroger and Nuro have announced that it is now offering unmanned grocery delivery service in Scottsdale, Arizona at a flat price of $5.95.

Report: SpaceX Is Raising $500 Million At $30.5 Billion Valuation

By Amit Chowdhry ● Dec 19, 2018

Aerospace manufacturer SpaceX is reportedly planning to raise $500 million at a $30.5 billion valuation in order to fund its Starlink satellite project.

San Diego-Based Erasca Raises $42 Million To Target Biological Drivers Of Cancer

By Amit Chowdhry ● Dec 19, 2018

Erasca, a San Diego-based startup, announced that it has raised $42 million in Series A co-led by City Hill Ventures and Cormorant Asset Management.

Chicago-Based Social Media Marketing Company Sprout Social Raises $40.5 Million

By Amit Chowdhry ● Dec 19, 2018

Chicago-based social media marketing and analytics company Sprout Social announced it has raised $40.5 million in Series D funding led by Future Fund.

Cisco To Buy Luxtera For $660 Million: What You Need To Know

By Amit Chowdhry ● Dec 19, 2018

Cisco has announced the intent to buy semiconductor company Luxtera for $660 million in cash and assumed equity awards. Here are the details.

Hayward-Based Omnivore Technologies Raises $10 Million

By Noah Long ● Dec 19, 2018

Hayward, California-based point-of-sale (POS) connectivity platform company Omnivore Technologies has raised $10 million in Series A funding.

New York-Based Enterprise Security Provider Avanan Raises $25 Million

By Annie Baker ● Dec 19, 2018

New York-based enterprise security provider Avanan announced it has raised $25 million in Series B funding.

Chicago-Based The Mom Project Raises $8 Million To Help Moms Discover New Careers

By Amit Chowdhry ● Dec 19, 2018

Chicago-based The Mom Project has announced it has raised $8 million in Series A funding led by Grotech Ventures and Initialized Capital.

Newport Beach-Based TicketGuardian Announces $8 Million In Funding

By Dan Anderson ● Dec 19, 2018

Newport Beach, California-based insurance technology company TicketGuardian announced it has raised $8 million in Series A funding.

Somerville-Based RightHand Robotics Raises $23 Million

By Noah Long ● Dec 19, 2018

Somerville, Massachusetts-based robotics company RightHand Robotics announced it has raised $23 million in Series B funding led by Menlo Ventures.

Google Adds Flight Delay Information To Assistant

By Noah Long ● Dec 18, 2018

Google Assistant and Google Flights is now gaining flight delay information.

Cambridge-Based Lithium Ion Company 24M Raises $21.8 Million

By Dan Anderson ● Dec 18, 2018

Cambridge, Massachusetts-based startup 24M announced that it has raised $21.8 million in Series D funding led by Kyocera Group and ITOCHU Corporation.

Apple’s Hiring Of Andrew Kim Reignites Rumors About Car Project

By Annie Baker ● Dec 18, 2018

Apple hired Andrew Kim earlier this month, which has reignited rumors that the company is working on a self-driving car.

Tesla Adds ‘Fart’ And ‘Romance Mode’ Apps In Firmware Update

By Amit Chowdhry ● Dec 18, 2018

In a firmware update, Tesla Motors has added a fart app, romance mode app, and new games under its Easter Eggs section.

‘Pokemon Go’ Company Niantic Reportedly Securing $3.9 Billion Valuation

By Annie Baker ● Dec 18, 2018

Niantic, the creator of Pokémon Go, is expected to secure a $3.9 billion valuation following a $200 million round of funding.

Brooklyn-Based Fresh EBT App Maker Propel Raises $12.8 Million

By Noah Long ● Dec 18, 2018

Propel, the Brooklyn-based Fresh EBT app maker company, announced it has raised $12.8 million in Series A funding.

Fitbit OS 3.0 Update: Overview Of The New Features

By Dan Anderson ● Dec 18, 2018

Fitbit has released the OS 3.0 update, which includes a number of new features, app, and features. Here is an overview of the new Fitbit OS 3.0 features.

Google’s $1 Billion New York Expansion: What You Need To Know

By Amit Chowdhry ● Dec 18, 2018

Google announced that it is investing $1 billion on a new campus in New York City, which will be known as Google Hudson Square. Here are the details.