economy

  • Employee retirement savings advisor ForUsAll hits $100 million in AUM

    Employee retirement savings advisor ForUsAll hits $100 million in AUM

    ForUsAll, which has risen to $100 million in AUM after less than two years in business, isn’t proposing any radical changes to the ways people save for retirement. But through the company’s use of technology, it is doing what it can to fix a service that has become incredibly broken. Read More

  • Mall cop robot startup Knightscope is launching a “mini-IPO”

    Mall cop robot startup Knightscope is launching a “mini-IPO”

    Knightscope, the Dalek-like mall security robot startup we’ve mentioned here before has decided to do one of those new crowdsourced “mini-IPOs.” Also referred to as Regulation A+, these types of public offerings for private companies just became legal about a year ago to give startups access to capital from just about anyone. They are basically crowdfunding with… Read More

  • Bio
    Theranos slashes another 41 percent of its workforce

    Theranos slashes another 41 percent of its workforce

    Not a week goes by and it seems like we hear more bad news about Silicon Valley’s darling turned cautionary tale Theranos. The latest bit is a whopping 155 layoffs at the company today. The one drop blood test company once worth $9 billion took a quite the tumble from grace after an intense series of investigations from the Centers for Medicare & Medicaid Services and the U.S. Food… Read More

  • Bio
    Grail is raising at least $1 billion to fund its early cancer screening test

    Grail is raising at least $1 billion to fund its early cancer screening test

    The early cancer screening startup Grail plans to raise more than $1 billion in Series B financing, possibly up to $1.8 billion. While the company doesn’t want to name investor names, only mentioning in a release the funding will come “primarily from undisclosed private and strategic investors,” Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos, Google Ventures… Read More

  • Bio
    Silicon Valley Bank predicts a 2017 cure for the healthtech investment doldrums

    Silicon Valley Bank predicts a 2017 cure for the healthtech investment doldrums

    Things are looking up for biotech and health device startups wanting to cash in on VC dollars or go public this year. According to Silicon Valley Bank’s latest report on healthcare investments and exits, a conservative 2016 has set up 2017 for a hearty boom. Though biopharma M&A activity declined slightly last year and IPOs declined more than 30 percent, according to the report… Read More

  • PixTeller makes designers (almost) obsolete

    PixTeller makes designers (almost) obsolete

    PixTeller is a unique little service. Created by a Romanian web designer, Alexandru Roznovat, it is a sort of instant design studio with plenty of ready-made templates so you can create clever Instagram memes or fun book cover designs in a few seconds. After creating an account you’re presented with dozens of pre-made designs that are fairly innocuous. You can select a Facebook header… Read More

  • Italian incubator H-Farm prepares for a new crop with a campus slated to open in 2018 Crunch Network

    Italian incubator H-Farm prepares for a new crop with a campus slated to open in 2018

    There’s a farm outside of Venice, Italy, that cultivates tech talent the way other farms grow crops. Read More

  • This bed with built-in subwoofer, TV, lamp and power outlets may be your last purchase, ever

    This bed with built-in subwoofer, TV, lamp and power outlets may be your last purchase, ever

    Furlenco’s new “Pod” might just be the most outrageous product hitting the market this holiday season. The Bangalore, India based furniture rental startup has always had a penchant for targeting the millennial subset, but this is something else entirely — because as any 20-something knows, adding a bed to things makes them universally more practical. The Pod includes… Read More