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Biotech Startup Aims to Make Use of Humanity’s Genetic Outliers

From Bloomberg.com 5/28/2020: The Sherpa people living at high altitudes in Nepal and the Himalayas have a genetic trait that puzzles and fascinates scientists. They’re able to lead healthy, active lives with blood oxygen levels far below what most humans need to function properly. Where other people in high altitudes have adapted to boost their[…]

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BeeHero smartens up hives to provide ‘pollination as a service’ with $4M seed round

From Tech Crunch news: Vast monoculture farms outstripped the ability of bee populations to pollinate them naturally long ago, but the techniques that have arisen to fill that gap are neither precise nor modern. Israeli startup BeeHero aims to change that by treating hives both as living things and IoT devices, tracking health and pollination progress practically[…]

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Payments Startup Marqeta’s Valuation Jumps to $4.3B With New $150M Funding Round

From Crunchbase News May 2020: Marqeta brought in a round of $150 million in fresh capital from an undisclosed investor, valuing the company at $4.3 billion, the company announced Thursday. The new valuation is a sharp increase from the Oakland, California-based company’s last funding round in 2019. At the time, the modern card issuing platform was valued[…]

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Covid Is Accelerating the Rise of Faux Meat

From Wired 5/20/2020: The supply chain for traditional meat is buckling, and plant-based alternatives from companies like Impossible Foods and Beyond Meat are filling the void. As with toilet paper and cleaning products, you probably didn’t fully appreciate meat until the coronavirus pandemic snatched it away. The distribution infrastructure that normally gets plenty of beef,[…]

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Silicon Valley Invents “The Free Lunch” – The Doordash-Pizza Arbitrage

Authored by Ranjan Roy via The Margins substack, If capitalism is driven by a search for profit, the food delivery business confuses the hell out of me. Every platform loses money. Restaurants feel like they’re getting screwed. Delivery drivers are poster children for gig economy problems. Customers get annoyed about delivery fees. Isn’t business supposed to[…]

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Once rivals, secondary market player Forge is acquiring SharesPost in a $160 million cash-and-stock deal

From TechCrunch 5/12/2020: Even amid a pandemic, there’s a race on to create a powerful, global private securities marketplace where private shares are traded as freely as public company shares on the Nasdaq . In one lane is Carta, an eight-year-old maker of cap table management software with big ambitions to create a kind of private company[…]