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SpaceX Is in Funding Talks That Would Value It at Over $150 Billion
From Bloomberg: SpaceX headquarters in Hawthorne, California.Photographer: Alisha Jucevic/Bloomberg By Gillian Tan, Edward Ludlow, and Giles Turner November 15, 2022 at 12:30 PM EST Elon Musk’s SpaceX is in talks to raise a funding round that values the rocket-launch and satellite company at more than $150 billion, people familiar with the matter said. The transaction being discussed[…]
As Overloaded Families Turn To Famtech, Funding Follows
From Crunchbase News: The image of how a successful American family with children lives has been engrained over decades by relentless marketing and Hollywood glamorization. The go-to image usually revolves around a lovely home. But of course, there are also lavish-yet-balanced family meals, and a lifestyle complete with vacations, birthday parties, extended family visits, soccer[…]
Wisdom of the Crowd vs. Venture Capital Startup Funding
Pre IPO Swap – 10/16/2022 — Startups are one of the hardest business activities in Capitalism and also one of the most valuable. Small businesses create the most amount of new jobs, not to mention efficiencies, and new markets. Raising capital is even harder, when you don’t have a track record or anything to show[…]
Can everdrop scale its plastic-bottle-free cleaning products, as well as build a global brand?
From Tech Crunch Image Credits: Everdrop Household cleaning chemicals in the form of a tablet that can be dissolved in water appear to have given rise to a number of startups. As well as Munich-based startup everdrop, there is also Atmo Home out of Berlin, as well as Grove Collaborative, Blueland, Smol, Spruce, Ocean Saver … the list goes[…]
Where’s Funding Going In Former Soviet States? Not Russia.
From Crunchbase News: Joanna Glasner September 27, 2022 When the Soviet Union splintered into separate nations in the early 1990s, it contained exactly zero hubs for venture-backed tech startups. Three decades later, of course, the picture is quite different. Metro areas in multiple former Soviet countries now have a rich concentration of tech founders. Capital[…]
My 2 Year Experiment With Varo Online Bank
A Brief History of Varo Varo Bank, NA. – Founded in 2020 as America’s first all-digital bank, Varo relaunched itself after a lackluster 1st year start during Covid (2020) with a groundbreaking new 2021 campaign – “A bank for all of us”- as part of its first multi-million dollar, integrated brand launch across TV, radio & internet[…]
A.I. but for good
A.I. but for good There’s a term used by the commodities industry to describe the amount of product lost due to various unforeseen circumstances such as theft and damage. It’s called: breakage. Whatever goes missing before it can be sold falls into this category. In the food services industry however, it isn’t so easy to[…]
Sept 9 22 – The Week’s 10 Biggest Funding Rounds: Verily Raises $1B; Web3’s Mysten Labs Locks Up Huge Round
From Crunchbase News This is a weekly feature that runs down the week’s top 10 funding rounds in the U.S. Check out last week’s biggest funding rounds here. August was slow, but if the first full week of September is a harbinger, things may be picking up. Several U.S.-based startups saw large rounds this week, with[…]
How fintechs are responding to their falling valuations
From American Banker: Michael Nagle/Bloomberg Payment companies have not been immune from the correction that has hit the stock market and privately held companies across almost all industries. The run-up in investments, high valuations and initial public offerings that followed the increase in digital payments in the pandemic’s early stage is now correcting. That decline is being[…]
Venture Investors Put Billions Into Nuclear Fusion And Fission Projects
From Crunchbase: Nuclear power is having a big year for venture funding, and it’s not just fusion startups that are attracting capital. A Crunchbase analysis of investment in nuclear projects shows companies pursuing both fission- and fusion-powered technologies have racked up huge rounds of late. Collectively, they’ve pulled in over $3.4 billion this past year.[…]