Flieber wants to help e-commerce retailers get back to what they do best: selling. The New York-based company announced Wednesday $12 million in Series A financing to continue developing its inventory optimization platform that uses analytics and machine learning to give multi-channel brands a leg up when it comes to determining what the ideal stock […]
GM’s OnStar is bringing its emergency service to the home with Amazon Alexa
Owners of Alexa devices will soon be able to use OnStar’s emergency services from their homes, under an expanded partnership between OnStar’s parent company General Motors and Amazon. OnStar already expanded OnStar Guardian earlier this year with the introduction of the Guardian app, which lets customers access the service via their mobile device. This latest […]
Sunday raises $100 million for its fast restaurant checkout flow
Sunday, a startup that didn’t exist just a few months ago, has raised a $100 million Series A funding round. Today’s funding round is led by Coatue with participation from partners of DST Global. Investors in the restaurant, hospitality and tech industries are also participating. I already wrote a lengthy profile of Sunday when it […]
Osano, a risk and compliance startup, raises $11M
Osano, a risk and compliance startup, has confirmed it has raised $11 million in new funding. The round was led by Jump Capital and with participation from existing investors LiveOak Venture Partners and Next Coast Ventures. The Austin, Texas-based company describes the round as a Series A-1, following a $5 million Series A raise in […]
Last-mile logistics platform Cargamos raises $11M seed round to expand same day delivery
Mexico City-based last-mile logistics platform Cargamos wants to own same-day delivery in Latin America. The company has announced a $7 million raise in follow-on funding, bringing its total seed round to $11 million, which it will use to create a nationwide distributed warehouse network so regional retailers can compete with giants like Amazon. Cargamos intends […]
NBA Top Shot creator Dapper Labs raises another $250 million
Dapper Labs, the company behind popular fantasy basketball NFT game NBA Top Shot has raised another $250 million in funding led by Coatue. According to a source close to the company, today’s funding round values the company at $7.6 billion. Existing investors Andreessen Horowitz, GV and Version One Ventures are investing once again. Some new […]
An email ‘autodiscover’ bug is helping to leak thousands of Windows passwords
Shipping companies, power plants, and investment banks don’t often share much in common, but new research shows they are all inadvertently leaking thousands of email passwords of their own employees, thanks in part to a design flaw in a widely used email protocol. Autodiscover is a feature in Microsoft Exchange, a popular email software for […]
Calyxia bags $17.6M to tackle the global microplastics problem
Our world is drowning in human-generated microplastics. And while these tiny fragments of non-biodegradable plastic — floating in the sea, embedded in the soil — are hard to see with the naked eye they pose a gigantic threat to life. Inexorably, plastic pollution is finding its way into the human food chain, with unknown implications […]
Ford partners with battery recycling and materials startup Redwood Materials amid EV push
Ford Motor has tapped Redwood Materials to create a closed loop system for its upcoming deluge of electric vehicles — a partnership that will cover recycling production scrap and EVs at the end of their life as well as supplying the automaker with raw battery materials. The deal comes as Ford adds more electric vehicles […]
PandaDoc, the e-document startup, now valued at $1B as it closes a big Series C
Business tools have gone completely virtual in the last 20 months due to the Covid-19 pandemic, and today a startup whose e-document platform has played a big role in supporting that shift is announcing a big round of funding on the heels of huge growth. PandaDoc, which lets users create, share and sign official documents […]
Insight Partners leads $34M round in Singapore-based fintech Spenmo
Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company’s payables, founder and CEO Mohandass Kalaichelvan told TechCrunch. Financial teams also need to manage vendor payments, supplier payments, payroll and reconcile bank accounts, often in different countries, resulting in an overwhelming amount of work. Spenmo was […]
SoftBank and Demi Lovato back June Homes, a proptech startup emerging from stealth with $50M in funding
June Homes, a proptech startup that aims to make renting less painful and more flexible for both tenants and landlords, is emerging from stealth today with $50 million in total funding. SoftBank Ventures Asia led the startup’s latest round — a $27 million Series B. Other backers in the company include FJ Labs, Kairos, TQ […]
As inflation fears spike, 1build raises $14M to help construction firms optimize their cost estimates
It’s an extraordinarily exhausting time to estimate costs in the construction industry. Lumber prices skyrocketed during the post-pandemic construction spree, only to come hurtling back down to Earth in recent weeks. Copper, concrete, and steel have also seen wild price swings as supply chain breakages, workers shortages, border restrictions and more plague price stability. Construction […]
Albertsons sets off Firework’s livestream, shoppable video experience on website
Grocery giant Albertsons Companies, which owns Safeway and Jewel-Osco, is steadily adding to its digital transformation, this time with shoppable, livestream video experiences developed by Redwood City-based Firework. Firework noted that Albertsons is the first U.S. grocer to utilize its platform to create, host and curate their own short-form and livestream video for the Albertsons […]
Cabinet brings in $2.6M, designs software for executive assistants
Executive assistants are the ultimate multitaskers and instead of relying on half a dozen apps to make their jobs easier, startup Cabinet is pulling all of that together into one software package designed for the 10 million-person administrative professional market. The company, with bases in both Denver and New York, is developing software to aid […]
Netflix is acquiring the rights to Roald Dahl’s books
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Netflix and Apple TV+ clean up at the Emmys with ‘The Crown’ and ‘Ted Lasso’ Rolls-Royce’s all-electric aircraft completes 15-minute maiden voyage Netflix is acquiring the Roald Dahl Story Company (RDSC) and rights to the author’s entire catalog, including […]
Southern European banks set for climate hit, ECB study shows
September 22, 2021 FRANKFURT (Reuters) – Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires, a European Central Bank study showed on Wednesday. The ECB has run simulations on more than 1,600 euro zone […]
Matilda, Willy Wonka join Netflix catalog as it buys Roald Dahl’s works
September 22, 2021 (Reuters) – Netflix Inc has bought the works of Roald Dahl, including classics such as “Charlie and the Chocolate Factory” and “Matilda”, in its latest content deal as the streaming service faces stiff competition from Disney+ and HBO Max. The company did not disclose the financial terms of the deal, which will […]
Russian and U.S. military chiefs meet to discuss risk mitigation – report
September 22, 2021 MOSCOW (Reuters) – Russia’s chief of general staff, Valery Gerasimov, and his United States counterpart, chairman of the joint chiefs of staff Mark Milley, met in Helsinki on Wednesday to discuss risk mitigation in military activities, the RIA news agency reported. It quoted the Russian defence ministry as saying the meeting was […]
Sony Group unit seeks to acquire India’s Zee Entertainment, invest an additional $1.57 billion
Sony Pictures Networks India said on Wednesday it has agreed to acquire Zee Entertainment, which if the deal materializes, will bring together two of the largest broadcasting giants that run large cable television networks, streaming services, music labels, and own scores of other digital assets. The subsidiary of the Japanese conglomerate said it will invest […]