Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation

Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation

(Highspot Photo / David Kennedy) Highspot has joined the growing list of billion dollar startups that have sprung up in the Seattle area. Highspot CEO Robert Wahbe. (Highspot photo) Seattle’s newest unicorn just raised a $ 200 million round that valued the 9-year-old company at $ 2.3 billion – more than double what it was … Read more

LA-based Metropolis raises $41 million to upgrade parking infrastructure – TechCrunch

LA-based Metropolis raises $41 million to upgrade parking infrastructure – TechCrunch

Metropolis is a new Los Angeles-based startup looking to compete with BMW’s ParkMobile for part of the automated parking management market. Upgrading ParkMobile’s license plate-based service with a computer vision-based system that detects cars entering and leaving garages has been Metropolis’ mission since founder and CEO Alex Israel founded the company in 2017. Israel, a … Read more

TomoCredit raises $7M to help the cash rich and credit poor – TechCrunch

TomoCredit raises $7M to help the cash rich and credit poor – TechCrunch

Getting credit is difficult when you don’t have credit. That’s the problem at startup TomoCredit tried to solve. Co-founder and CEO Kristy Kim developed the concept for the company after being turned down several times for a car loan in her early 20s. Kim, who immigrated to the United States with her family from South … Read more

Google-backed Dailyhunt and Josh’s parent firm raises over $100 million – TechCrunch

Google-backed Dailyhunt and Josh’s parent firm raises over $100 million – TechCrunch

VerSe Innovation, the parent company of popular news and entertainment app Dailyhunt and short video app Josh, announced Monday that it had received over $ 100 million in a Series H funding round from Qatar Investment Authority and Glade Brook Capital Partners has collected. The announcement follows another investment of over $ 100 million that … Read more

Carbon-capture company Svante raises $75M to trap emissions at their source

Carbon-capture company Svante raises $75M to trap emissions at their source

Claude Letourneau, President and CEO of Svante. (Svante photo) Svante of Vancouver, BC, has closed a $ 75 million financing round. The company calls it “the world’s largest private investment in carbon capture from point sources to date”. Since launching in 2007, the Canadian company has developed technology that enables industrial carbon emissions to be … Read more

Bot MD, an AI-based chatbot for doctors, raises $5 million for expansion into more Asian markets – TechCrunch

Bot MD, an AI-based chatbot for doctors, raises $5 million for expansion into more Asian markets – TechCrunch

Time is of the essence for healthcare providers, especially in the middle of the pandemic. Singapore-based Bot MD saves time with an AI-based chatbot that allows doctors to get critical information from their smartphone instead of calling a hospital operator or accessing the intranet. The startup announced today that it has raised a Series A … Read more

Robinhood raises $1 billion, will reopen GameStop stock purchases on Friday

Robinhood raises $1 billion, will reopen GameStop stock purchases on Friday

Despite the rejection of any arrangement with funders on Wall Street, the belief is widespread that the inability to buy these specific businesses was coordinated to disadvantage retailers. Meanwhile, some explanations have been given about the events involving the Substredit Wallstreetbets and the business model of a company like Robinhood, indicating that their moves resulted … Read more