While insurers continue to be bothered by startups like Lemonade, Alan, Clearcover, Pie, and many others who are using technology to rethink how a business can be built to help people and businesses manage risk with some financial security To mitigate, fraud is a problem that has not gone away. Today a startup from France … Read more
Bitso, a regulated crypto exchange in Latin America, announced today that it has raised $ 250 million in a Series C funding round that valued the company at $ 2.2 billion. Tiger Global and Coatue jointly led the round, which also included the participation of Paradigm, BOND & Valor Capital Group and existing supporters QED, … Read more
Four months after a round of $ 30 million growth in Bibit, Sequoia Capital India has doubled its investment in the Indonesian robo-advisor app. Bibit announced today that it has led a new round of $ 65 million in growth, which included participation from Prosus Ventures, Tencent, Harvard Management Company, and returning investors AC Ventures … Read more
The final year of the pandemic was real and sometimes harrowing evidence of the importance of having efficient and well-equipped emergency services in place. They can help people remotely if they need to, and when they can’t they make sure that personal help in medical and other situations can be dispatched quickly. Today, a company … Read more
RBC Signals is acquiring communications services capabilities from ground station operators around the world, including the C-CORE facility in Inuvik in the Canadian Arctic. (Photo via RBC signals) Redmond, Wash., RBC Signals said it has completed a $ 1.2 million financing round designed to enable the company to meet growing demand for satellite ground station … Read more
New financing: 2Morrow, a Seattle-area startup developing digital coaching software to help people achieve health goals, has raised $ 1.5 million. Total funding so far is $ 2.9 million. Company background: Founded in 2011, 2Morrow works with employers, states, health plans, retailers, providers and public health organizations that use the smartphone-based apps to help patients … Read more
As more of the transportation market becomes electrified, companies have begun to grapple with disposing of the thousands of tons of used EV batteries that are expected to hit the streets by the end of the decade. Battery Resourcers suggests a seemingly simple solution: recycle them. But the company doesn’t stop there. A “closed-loop” process … Read more
Icosavax creates virus-like particles using technology licensed from the University of Washington’s Institute for Protein Design. (Icosavax photo) New financing: At a moment when everyone is talking about vaccines, a Seattle-based biotech company taking an unusual approach to vaccine production raised $ 100 million in a Series B round. The startup creates computerized, virus-like particles … Read more
ConductorOne announced a $ 5 million seed round led by Silicon Valley venture capital firm Accel. Fuel Capital, Fathom Capital and Active Capital also participated. Founded late last year by veterans of the enterprise ID startup Okta, ConductorOne will use the funds to build a platform that enables IT pros to automate and manage employee … Read more
(Dapper Labs photo) New financing: Dapper Labs raised $ 305 million on a reported valuation of $ 2.6 billion. The Vancouver, BC startup supports NBA Top Shot, a popular NFT-based digital trading card game that has sales of more than $ 467 million in the past five months. Top shot: Dapper is partnering with the … Read more