Month: October 2021

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving activity in urban food shopping apps across the continent and beyond. The round is being led by another food-focused on-demand delivery startup — German’s Delivery Hero
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Vieje Piauwasdy Contributor Vieje Piauwasdy is the director of equity strategy at Secfi, an equity planning platform for startup executives and employees. Buried deep in President Joe Biden’s 2021 tax plan are new amendments to the United States’ Qualified Small Business Stock (QSBS) program, which, if passed, will directly impact early-stage startup employees, founders and
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BluePallet, an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical manufacturer Vinmar International.  The startup also announced today that it has become the first industrial commerce platform to “officially” operate on Alibaba.com. This means that
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Mage, developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 million in seed funding led by Gradient Ventures. Co-founders Tommy Dang and Xiaoyou Wang started the company at the end of 2020 after working together to build internal low-code tools at Airbnb. While collaborating with product
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Gloucester, Massachusetts-based Cometeer has been around for nine years. In that time, the company has built up a mad scientist’s lair worth of coffee scientists, equipment and processes to jolt some fresh life into the industry. Based out of a former frozen seafood facility, the company has created a multimillion-dollar proprietary production line to turn
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Expensify filed to go public late last Friday, adding its name to the growing roster of technology companies looking to list during this period of hot valuations and strong recent debuts. GitLab, for example, went public last week. The devops giant raised its price range, priced above that interval, and then shot higher once shares
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Hello again, and welcome back to TechCrunch’s running series of posts discussing how the public markets rarely give even half of a spare fuck concerning what Apple announces at its events. Indeed, Apple’s stock seems to be far more labile to external events than from internally sourced announcements; rare is the case in which Apple’s
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The necessity of animal testing is a sad one for the process of drug discovery, but there’s seemingly no good alternative to mice, even though they’re not particularly accurate human analogues. Quris claims to have the first real option in its combination of AI with data from a “patient on a chip” that provides remarkably
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