The Latest
Amazon to stop screening employees for marijuana
Amazon in a brief blog post announced it will no longer include marijuana on its drug screening program. In short, the company is now treating weed like alcohol, which means…
Guild Education, which pairs employees with employer-sponsored learning opportunities, has raised $150 million in a Series E round. The financing event, funded by Bessemer Venture Partners, Cowboy Ventures, D1, Emerson…
Celonis, the late-stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C…
Kabuto, the French startup that designs and sells smart suitcases, is releasing a new suitcase today. Called the Kabuto Trunk, this is the company’s biggest suitcase to date. Unlike smart…
DealHub.io, an Austin-based platform that helps businesses manage the entire process of their sales engagements, today announced that it has raised a $20 million Series B funding round. The round…
DHL today announced that it will be expanding an ongoing partnership with Locus Robotics. Last year, the logistics giant announced plans to deploy 1,000 of the Massachusetts-based startup’s robots. The…
Divido bags $30M to take its ‘buy now, pay later’ platform to more markets
London-based Divido, a white-label platform for retail finance that integrates with e-commerce platforms (but can also support omni-channel) so retailers can offer consumers a “buy now, pay later” option at…
Cybersecurity unicorn Exabeam raises $200M to fuel SecOps growth
Exabeam, a late-stage startup that helps organizations detect advanced cybersecurity threats, has landed a new $200 million funding round that values the company at $2.4 billion. The Series F growth round…
Venn, a social networking and services platform for hyperlocal neighborhood groups, raises $60M
Facebook, Nextdoor and many others in tech have focused on the concepts of community and neighborhoods to build connections between people and in turn offer services relevant to them. Today,…
Yieldstreet raises $100M as it mulls going public via SPAC, eyes acquisitions
These days, investing goes way beyond the stock market. And in recent years there’s been a growing number of startups which aim to give more people access to a wider…
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Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to…
Rocket Lab cleared by the FAA to resume launches after mission failure last month
Rocket Lab has already received approval from the Federal Aviation Administration (FAA) to resume its launch activities, following a failure during the second-stage burn of its 20th Electron rocket mission…
Etsy is acquiring UK-based social selling site Depop for $1.625B in a mostly cash deal
Very big news today coming out of Europe in the world of e-commerce. Etsy, the New York-based marketplace where crafty creators and those interested in their styles can discover and…
EU and Bill Gates make joint push for $1BN to accelerate clean tech
The European Commission has announced a partnership with Bill Gates’ sustainable energy funding vehicle with the goal of unlocking new investments for clean tech and sustainable energy projects totaling up…
Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet
Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment…
Home services platform Urban Company raises $255 million at $2.1 billion valuation
Home services marketplace Urban Company said on Wednesday it has raised $255 million in a new financing round and confirmed a valuation of $2.1 billion, joining over a dozen other…
Amazon confirms Prime Day will run June 21-22, an earlier than usual start
Amazon confirmed its annual sales event known as Prime Day will be held on Monday, June 21 and Tuesday, June 22. Bloomberg had previously reported these same dates, citing leaked…
Tesla files trademark, hinting at Elon Musk’s restaurant concept plans
Tesla has recently filed a new trademark for its brand under restaurant services, a sign the company might be finally gearing up to deliver on an idea that CEO Elon…
Cognigy raises $44M to scale its enterprise-focused conversational AI platform
Artificial intelligence is becoming an increasingly common part of how customer service works — a trend that was accelerated in this past year as so many other services went virtual…
SoftBank-backed construction giant Katerra said to be shutting down after raising billions
After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information.…