Categories Companies

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Basecamp sees mass employee exodus after CEO bans political discussions

Following a controversial ban on political discussions earlier this week, Basecamp employees are heading for the exits. The company employs around 60 people, and roughly a third of the company appears to have accepted buyouts to leave, many citing new company policies. On Monday, Basecamp CEO Jason Fried anounced in […]

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SoftBank-backed Volpe Capital raises $80M to invest in LatAm

In recent years, the tech and venture scene in Latin America has been growing at an accelerated pace. More global investors are backing startups in the region and certain sectors in particular, such as fintech, are exploding. Global investors are not only pouring money into companies. They’re also investing in […]

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TC Sessions: Mobility 2021 is coming, save the date!

Buckle up, startup and tech fans. Save the date and get ready to rub virtual elbows with mobility’s best and brightest minds — the movers, shakers and policy makers that are shaping the future of transportation. TC Sessions: Mobility returns for its third year on June 9, 2021. Can you […]

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro, which just nabbed $15 million in financing to grow its business. As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to […]

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Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of US health infrastructure

Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This brings the total raised by Color to $278 million, with its latest large round intended to help it build on a record year of […]

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After burning through $2 billion, Katerra gets a $200 million SoftBank lifeline to escape bankruptcy

SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The Wall Street Journal. Katerra’s shareholders reportedly approved the new investment on Wednesday, with the new lifeline from SoftBank […]

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Fluence, the energy storage systems developer, is now worth over $1 billion after QIA investment

The Qatar Investment Authority is investing $125 million into energy storage systems integrator and power management tech developer, Fluence, in a deal that will value the company at over $1 billion. The joint venture between the American independent power producer, AES Corp. and the German industrial conglomerate Siemens, was already […]

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Floww raises $6.7M for its data-driven marketplace matching founders with investors, based on merit

Floww – a data-driven marketplace designed to allow founders to pitch investors, with the whole investment relationship managed online – says it has raised $6.7M / £5M to date in Seed funding from angels and family offices. Investors include Ramon Mendes De Leon, Duncan Simpson Craib, Angus Davidson, Stephane Delacote […]

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Amazon launches its first Amazon Air regional hub in Europe

Amazon has officially started operations at its first European Amazon Air hub, based out of the Leipzig/Halle Airport in Germany. The new facility spans 20,000 square meters (65,600 square feet) and will host two Amazon-branded Boeing 737-800 aircraft, brining the company’s total operational air fleet to over 70 aircraft. The […]

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Uber drivers sue company alleging coercive Prop 22 advertising

Uber is facing a class-action lawsuit over Proposition 22 that alleges the company is illegally coercing its drivers to support the ballot measure that seeks to keep workers classified as independent contractors. The suit was brought forth by two Uber drivers, Benjamin Valdez and Hector Castellanos, as well as two […]