Categories New York

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The Shed is a startup out of Virginia trying to revive the rental-for-everything business

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories (just ask investors in Rent the Runway), but has had […]

As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

Derek Norton and Jeremy Milken have known each other for twenty years. Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. Milken is taking the plunge into institutional investing, joining Norton […]

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Thirty Madison raises $47 million for its direct to consumer treatments of hair loss, migraines and indigestion

Thirty Madison, the New York-based startup developing a range of direct to consumer treatments for hair loss, migraines and chronic indigestion, has raised $47 million in new financing. After last week’s nearly $19 billion merger between Teladoc and Livongo, remote therapies and virtual care companies are all the rage among […]

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Hackers say ‘jackpotting’ flaws tricked popular ATMs into spitting out cash

In 2010, the late Barnaby Jack, a world-renowned security researcher, hacked an ATM live onstage at the Black Hat conference by tricking the cash dispenser into spitting out a stream of dollar bills. The technique was appropriately named “jackpotting.” A decade on from Jack’s blockbuster demo, security researchers are presenting […]

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New York legislature votes to halt facial recognition tech in schools for two years

The state of New York voted this week to pause any implementation of facial recognition technology in schools for two years. The moratorium, approved by the New York Assembly and Senate Wednesday, comes after an upstate school district adopted the technology earlier this year, prompting a lawsuit in June from […]

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Kibbo wants to remake the trailer park so #vanlife can be a life and not a lifestyle

Colin O’Donnell was already rethinking the notion of what makes cities and communities function even before the COVID-19 epidemic swept through the U.S. and revealed some of the cracks in centuries-old structures of urban life. O’Donnell was part of the early wave of urban tech innovation, which began to rise […]

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NY-based autonomous reusable rocket startup lands Air Force contract

New York-based startup iRocket has landed a contract award from the U.S. Air Force to develop and build its fully autonomous small payload rockets, which the company says will be able to launch and propulsively land both its first and second stages, with the potential of launching small payloads on […]

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Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm

New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.” It has now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm […]

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Carry1st has $4M to invest in African mobile gaming

Gaming development startup Carry1st has raised a $2.5 million seed round led by CRE Venture Capital . That brings the company’s total VC to $4 million, which Carry1st will deploy to support and invest in game publishing across Africa. The startup — with offices in New York, Lagos, and South […]

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New York Auto Show canceled for 2020, pushed to spring 2021

Organizers of the New York International Auto Show, once hoping to hold the rescheduled event in August, have decided to scrap the entire year. The show has been officially canceled for 2020 due to the COVID-19 pandemic, organizers announced Friday. The next show will take place April 2 to April […]