Fontinalis Partners, the early mobility-focused VC firm, rolls out a third fund

Fontinalis Partners, a 12-year-old, Detroit-based venture firm that was among the earliest early-stage venture outfits to focus squarely on mobility, has collected $104 million in capital commitments for its third and newest fund. Investors in the vehicle include Ford Motor Corp., whose executive chairman, Bill Ford, cofounded Fontinalis and continues to help manage the fund. […]

KaiPod Learning thinks ‘learning pods’ are here to stay

Since launch, “learning pods” have been controversial in the world of edtech. The term, somewhat synonymous with micro-schools, pandemic pods and small-group learning, describes small clusters of children within the same age range who are paired with a private instructor with the goal of replacing, or supplementing, school learning. The concept took off last year […]

Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS

Webiny, an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps. Today, Webiny announced a $3.5 million seed round to continue developing both pieces. Microsoft’s venture fund […]

One banks $40M to offer ‘all-in-one’ financial services to the middle class

One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment Company (the insurance giant’s investment arm) led the round, which included participation from Obvious Ventures, Foundation Capital, Core Innovation Capital and others. The financing brings […]