How Pilot convinced Index Ventures to think long-term about margins

Whether you agree or not, it’s hard to ignore the fact that the multipliers in Silicon Valley and the growth of software businesses have changed the way we think about a startup’s timeline.

TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data

As many of the top cryptocurrencies seem to temporarily stabilize near all-time highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While […]

Arc hooks another $30M in investment as EV interest spills over into electric boats

Arc is not even a year old and the electric boat startup has attracted investment from top VC firm Andreessen Horowitz, entertainment industry big wigs and now a $30 million raise led by an early Tesla executive who led the automaker’s early manufacturing efforts. The $30 million Series A was led by Greg Reichow, the […]

Niantic raises $300M at a $9B valuation to build the ‘real-world metaverse’

Niantic, the augmented reality platform that’s developing games like Pokémon GO, raised $300 million from Coatue, valuing the company at $9 billion. The San Fransisco-based startup, which initially spun out of Google, will use this money to build what it calls the “real-world metaverse.” As early as August, Niantic founder and CEO John Hanke has […]

EU retail giant Schwarz Group snags security startup XM Cyber for $700 million

Schwarz Group, an EU-based retail company, announced today that it has acquired Israeli security startup XM Cyber for $700 million. It may seem like a strange partnership, as Schwarz is best known as the owners of the Lidl and Kaufland supermarkets, but the company believes that extending into security will ultimately help benefit its retail […]

AutoCloud raises $4M to commercialize its OSS cloud visualization service

AutoCloud announced a $4 million seed round this morning. The cloud-focused startup’s investment was led by Animo Ventures, with participating checks from Uncorrelated Ventures, B Capital Group and Moxxie Ventures. AutoCloud is the commercial side of the CloudGraph open source project. The hybrid open source (OSS) and commercial combination is an increasingly popular startup method […]