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Ghost wants to retrofit your car so it can drive itself on highways by 2020

A new autonomous vehicle company is on the streets — and unbeknownst to most, has been since 2017. Unlike the majority in this burgeoning industry, this new entrant isn’t trying to launch a robotaxi service or sell a self-driving system to suppliers and automakers. It’s not aiming for autonomous delivery, Read more…

By Aakash Kothari, 1 month ago

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Volterra announces $50M investment to manage apps in hybrid environment

Volterra is an early stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid environments. The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield along with strategic investors M12 Read more…

By Aakash Kothari, 1 month ago

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Opendoor appoints CFO, CPO

Opendoor has named Gautam Gupta its chief financial officer and chief business offer, critical roles as the business continues to alter the way in which homes are bought and sold. Uber’s former head of finance, Gupta joined the $3.8 billion home-selling platform as its chief operating officer in 2017. The Read more…

By Aakash Kothari, 2 months ago

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Tiger Global values people management tool Lattice at ~$200M

The secretive New York-based hedge fund Tiger Global Management has led a $25 million Series C investment in Lattice, an employee performance and engagement management tool, with participation from the startup’s existing investors. The round, which values Lattice in the ballpark of $200 million, says co-founder and chief executive officer Read more…

By Aakash Kothari, 2 months ago

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Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every Read more…

By Aakash Kothari, 3 months ago

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An Indian startup that uses WhatsApp to serve thousands with chronic disease raises $5.5M seed round

Another startup in India is cashing in on the popularity of WhatsApp, the most popular app in the country with more than 400 million users, to build a business around it. Digi-Prex is a seven-month old startup that runs an eponymous online subscription pharmacy in Hyderabad and serves patients with Read more…

By Aakash Kothari, 3 months ago

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Impossible Foods will debut in SoCal grocery stores on Friday as first step in phased national rollout

Congratulations Southern California Gelsons store shoppers, you’re getting Impossible Foods on your grocery shelves. The meatless ground meat substitute will be appearing in stores across the Southern California as the first step in a phased nationwide rollout on Friday. With the step into groceries, Impossible Foods moves into direct competition Read more…

By Aakash Kothari, 3 months ago

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Voyage raises $31 million to bring driverless taxis to communities

Voyage, the autonomous vehicle startup that spun out of Udacity, announced Thursday it has raised $31 million in a round led by Franklin Templeton. Khosla Ventures, Jaguar Land-Rover’s InMotion Ventures, and Chevron Technology Ventures also participated in the round. The company, which operates a ride-hailing service in retirement communities using Read more…

By Aakash Kothari, 3 months ago

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Frontier technologies are moving closer to the center of venture investment

As the technologies that were once considered science fiction become the purview of science, the venture capital firms that were once investing at the industry’s fringes are now finding themselves at the heart of the technology industry. Investing in the commercialization of technologies like genetic engineering, quantum computing, digital avatars, Read more…

By Aakash Kothari, 4 months ago

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Inside Voyage’s plan to deliver a driverless future

In two years, Voyage has gone from a tiny self-driving car upstart spun out of Udacity to a company able to operate on 200 miles of roads in retirement communities. Now, Voyage is on the verge of introducing a new vehicle that is critical to its mission of launching a Read more…

By Aakash Kothari, 4 months ago