Baillie Gifford is buying nearly 44 million newly issued shares in Joby Aviation, a purchase that will provide a $180 million injection of capital into the company as it continues to develop all-elect
Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A fil
When Echodyne showed off its compact but intelligent metamaterial radar system back in 2017, the applications seemed endless… but some, like urban air mobility and autonomous vehicles, we’
"I guess I'm glad that our plan was not to go public right now. I think it's a good thing for our business eventually to fully realize the potential of the company."
Convoy, a digital freight network that connects shippers with carriers, has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. The
Pending regulatory review, the company’s chicken product will be available to consumers in the U.S. later this year.
Lightning Labs is building infrastructure that would enable users to send money across the world almost instantaneously and at a low cost through the Bitcoin network. The company just raised funding t
Antler East Africa, the Nairobi office of VC firm and venture builder Antler, has closed a $13.5 million fund to invest in early-stage tech startups in the region. The oversubscribed round — Ant
British autonomous vehicle startup Wayve has raised a $200 million Series B funding round from investors to scale its technology and expand its partnerships with commercial fleets. Wayve is aiming to
Senior care can be a sensitive topic as many older people find themselves in situations where they need care, but are not to the point where they need the kind of around-the-clock care provided by nur
Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what's it worth?
Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Giff
As consumers around the world slowly start to get moving again — fingers crossed that new waves of COVID-19 cases do not set that back — one of the big players in on-demand mass transporta
Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a
Workrise, which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by U.K.-based Baillie Gifford that values the
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal
3D-printed rocket startup Relativity Space has closed $500 million in Series D funding (making official the earlier reported raise), the company announced today. This funding was led by Tiger Global M
Florida is renowned for its strange news stories. In recent weeks alone, one resident reported an alligator in her garage that turned out to be a pool floatie; another discovered a python in her washi