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21 Early-Stage Drone Companies To Watch Out For (Literally)

From Crunchbase News Drones have transformed from nuisance-causing toys into image services for construction businesses and agricultural companies, and more. Follow Crunchbase News on Twitter & Facebook Over the past eight years, drone companies have raised a known total of nearly $1.76 billion dollars, with almost $500 million of that funding being raised in 2017 and $96.6 million[…]

Druva raises $147M at a valuation north of $2B as the cloud rush continues

From TC Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that manages Quebec’s pension fund, led the round, which also saw participation from Neuberger Berman. Prior investors including Atreides Management and Viking[…]

IPO

Software Firm Procore Targets $616 Million for IPO Raise

From Bloomberg: Procore Technologies Inc., a cloud-based construction software company, is seeking to raise as much as $616 million in an initial public offering. Procore, which is restarting its IPO plans after they were delayed by the coronavirus pandemic, said in a filing Monday that it plans to sell 9.47 million shares for $60 to $65 each.[…]

BitGo, Bitso join growing herd of billion-dollar crypto companies

From Pitchbook Not long ago, it was rare to see blockchain or cryptocurrency startups valued at more than $1 billion. But that list is growing rapidly. Since the start of the year, eight new blockchain or cryptocurrency companies have received unicorn valuations, bringing the total count to 21, according to PitchBook data. Two of those[…]

Banks Start Freaking Out About Soaring Inflation, Which May Not Be “Transitory”

From ZH For the past few months we – unlike the Fed – have been warning readers that the US is about to get by a wave of soaring prices the likes of which have not been seen since the early 1970s (see “”Buckle Up! Inflation Is Here!”). And while two weeks ago we noted[…]

How Tech Helps Farmers To Profit While Going Green

From CB 2020 will go down as the “Year of Net Zero.” Corporate commitments to deliver net-zero emissions by 2050 doubled, and all eyes are on our biggest green-house gas emitters—namely, our food systems. Agriculture is caught in the cross hairs as a major polluter (contributing about 18 percent of total global emissions), an essential industry already[…]