Less than three months after announcing a $16 million seed round led by Founders Fund and Paradigm, NFT music rights startup Royal has raised another major bout of funding, banking a $55 million Series A from Andreessen Horowitz’s crypto investment arm. The startup partners with musicians and allows users to buy NFTs which represent collective […]
New Culture lands $25 million in seed funding to commercialize its cheesy vegan mozzarella
Led by sales of cheddar and mozzarella, the U.S. cheese market alone was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a compound annual growth rate of of 5.25%, according to Allied Research. By comparison, the vegan cheese industry is tiny, measuring around $1.2 billion in […]
Analogue’s Pocket retro gaming handheld console ships on December 13
Analogue, the retro gaming hardware company behind the excellent Nt Mini, Super Nt, Mega Sg and more, has announced a shipping date for its much-anticipate Analogue Pocket handheld: December 13. The portable console, which has support for Game Boy, Game Boy Color and Game Boy Advance cartridges out of the box, has been delayed due […]
Fractional lands $5.5 million to let friends (and strangers) invest in real estate together
As teammates at buy-now-pay-later fintech Affirm, Stella Han and Carlos Treviño bonded over their shared background of growing up in real estate families. The mission of ‘pay at your own pace’ at Affirm clashed with their first-hand experience of the taxing time commitment and high costs that comes with owning real estate; a contrast that […]
How one founder built the gold standard in office guest sign-in, then shifted the business for COVID
The way COVID-19 has changed the way we work comes up a lot, founders have had to pivot and innovate to build companies during lockdown but the workplace restrictions seemed to spark inspiration for this week’s guest, Larry Gadea, founder, and CEO of Envoy. Envoy started in 2013 as a guest sign-in platform to make […]
What happened to Paytm’s IPO valuation?
Paytm’s IPO price was simply too high compared to its recent financial results. Trailing results matter as well, and Paytm’s were just too weak to support its IPO price.
Estate planning basics for founders and entrepreneurs
This may seem a bit bleak, but having an estate plan will put your mind at ease.
Ericsson to acquire cloud communications company Vonage for $6.2B
Ericsson, an international networking company, decided it needed a dose of modernization and this morning announced its intent to acquire cloud communications company Vonage in a $6.2 billion deal. With Vonage, Ericsson is getting a more modern approach to communications that includes a cloud contact center, communications APIs (like Twilio’s) and a voice over internet […]
Neu.ro announces zero emissions model building solution
As companies increasingly move to take advantage of machine learning to run their business more efficiently, the fact is that it takes an abundance of energy to build, test and run models in production. Neu.ro, an early-stage full-stack MLOps solution, is building a greener approach. Today, the company announced a zero emissions AI cloud solution […]
Kaszek leads Z1’s latest round as it develops its bank app aimed at LatAm teens
The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers.