EVage raises $28M to be a driving force in India’s commercial EV revolution

A congruence of factors in India — notably, climate change policies, fuel costs and skyrocketing demand for e-commerce — has set up ideal conditions for startups like all-electric commercial vehicle startup EVage. The startup already has five EV trucks on the road for a range of e-commerce customers including Amazon India’s Delivery Service Partner, with […]

Vangst ropes in $19 million more to place employees with work in the growing cannabis industry

In a tight labor market, so-called vertical labor marketplaces that zoom in on one industry, like nursing or hospitality, are drawing funding. Trusted Health, a healthcare staffing platform, raised $149 million in funding in November, for example. Seasoned, a hiring platform for restaurant workers, closed on nearly $19 million at roughly the same time. Investors […]

Software stocks give up even more ground

Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding. In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a huge, critical category of publicly traded […]

Dear VCs: If you want startup prices to come down, stop paying higher prices

That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever. And let me tell you, some venture capitalists are tired of it. PitchBook has a post up detailing […]

Here’s why CNET co-founder Halsey Minor is bullish on NFTs

Halsey Minor has lived many lives. One of the founders of CNET, Minor entered tech media at a time when the closest thing most of us had to the web was a spider spinning cobwebs on an old NES. Born in Charlottesville, Virginia, Minor worked for Merrill Lynch during the rise of the internet in […]