Food waste is a $2.6 trillion problem globally as some 40% of food is wasted annually. Full Harvest believes this is a distribution problem that can be solved by digitizing the produce supply chain. The San Francisco-based company’s produce business-to-business marketplace provides a way for produce buyers and sellers to quickly close deals on surplus
Enterprise
As companies get employees back into offices, startups like New York-based foodtech company Fraîche aims to be the brand feature that welcomes them back. Today, the company, founded in 2019, announced $2 million in seed funding by backers that included La Boulange’s Pascal Rigo, Petrus Winery’s Jean Moueix, Bakerly’s Bruno and Julien Caron and the
Fuzey, a London-based company providing what it calls a “digital one-stop shop” for small businesses and independent contractors, raised $4.5 million in seed funding. The round was led by byFounders with participation from Flash Ventures, Global Founders Capital, Ascension and a group of angel investors, including Index Ventures’ venture partner Stephane Kurgan and Amplo VC
Continual, a startup that aims to bring operational AI to the modern data warehouse-centric data stack, today announced that it has raised a $4 million seed round led by Amplify Partners, with Illuminate Ventures, Essence, Wayfinder and Data Community Fund also participating in the round. With this announcement, Continual is also opening up its service
Climate change is affecting the way farmers grow their crops, and Phytoform, which knows all about the harsh United Kingdom growing conditions, is out to make crops more impervious. The biotechnology company with headquarters in London and Boston announced $5.7 million in funding, led by Eniac Ventures, to scale its artificial intelligence genome editing technology
Cockroach Labs, makers of CockroachDB, has been raking in money this year. It started the year with a $160 million Series E on a $2 billion valuation and ended it with a $278 million Series F on a $5 billion valuation, more than doubling the company value in less than 12 months. Greenoaks led the
The List joins the social commerce movement with a new app connecting consumers with global luxury brands and retailers to offer a personalized discovery and shopping experience. Focused on sourcing hard-to-find items, the app launch is buoyed by $3.5 million in seed funding backed by a group including American Designer and Rachel Zoe, who is
SQream, a well-funded Israel-based data analytics platform, today announced that it has acquired no-code data platform Panoply in an effort to expand its cloud services. At the core of SQream’s service is its GPU-centric “data acceleration platform,” which promises to speed up SQL queries and enable users to run their queries on more data. Panoply, on
Thirdweb, a software startup for web3 projects, closed on $5 million in funding from a group of high-profile business leaders, entrepreneurs and creators, including Gary Vaynerchuk and Mark Cuban. The company launched its free tools three months ago for developers to build, launch and manage their web3 projects without writing any lines of code. Thirdweb
Spatial analysis platform Carto has raised a $61 million Series C round. Many companies collect a ton of data with some location element tied to it. Carto lets you display that data on interactive maps so that you can more easily compare, optimize, balance and take decisions. Insight Partners is leading today’s round. The European
Buoyed by a new cash infusion of $5.5 million in Series A funding, GlobalWonks emerged Tuesday as Enquire AI. The Washington, D.C.-based company leverages artificial intelligence in a tool for businesses to find global subject-matter expertise in real time, from both internal and external resources. Uzabase led the oversubscribed funding round and was joined by
BHub announced Tuesday that it took in a new round of capital just three months after receiving $4.4 million in pre-seed investment to offer full back-office SaaS for small and medium businesses in Latin America. Monashees and Valor Capital Group are doubling down on their investment in the company by leading an inside round of
As more enterprises sign on to the trend of digital transformation and bringing more of their legacy work into the modern era of work, a company called SnapLogic, which has built a platform to integrate those apps and data, and to automate some of the activities that use them, has raised a big round of
Harry’s Labs, the in-house incubator started by razor brand Harry’s Inc., announced Monday it agreed to acquire Lumē, the direct-to-consumer brand created to help control all-over body odor. Harry’s created the innovation group in 2018 that has backed or launched several consumer product companies, including cat products startup Cat Person, body care line Flamingo and
Ikigai, a startup based on research out of MIT, wants to make it simple to build workflows with humans involved. Whereas traditional robotic process automation (RPA) is about building bots for repetitive tasks, this company wants to make it easier to build workflows where humans have to make a decision as part of the process.
Detroit became the center of America’s automobile industry largely for logistical reasons: its midwestern location, high population density and proximity to raw materials were just a few factors that assured investors it was an optimal spot for building an industrial hub. Silicon Valley’s tech ecosystem, on the other hand, was initially seeded by military research
Freddy Jose Mangum Contributor Freddy Jose Mangum is CEO and co-founder of Hub, provider of a unified presales productivity platform. Today’s high-growth technology companies rely on millions of presales professionals, also known as sales engineers and solution consultants, to explain the value of technologies to buyers and customers. Ultimately, the contributions of these trusted technical
Fresh from its time in Y Combinator, SaaS startup Anakin raised $2 million to continue developing its software enabling e-commerce companies to see live pricing data on their competitors. Mohit Prateek and Rashmi Bala started the company last September and officially launched in March to help e-commerce stores and brands increase their revenue using pricing,
Airplane on Thursday launched runbooks, a developer tool for automating internal workflows, in private beta and on Product Hunt. Runbooks enables engineers to compose tasks and built-in integrations, like SQL, REST APIs and Slack, into workflows that run JavaScript code, can feed that into a SQL database or combine data from Stripe and be accessible
A new report from early-stage venture capital firm Work-Bench confirmed what you probably already know: Startups with women founders are getting a mere sliver of the overall funding pie. What’s more, the percentages are far worse in the enterprise, where Work-Bench tends to invest. The numbers, which were based on Work-Bench research along with data from
When it comes to investment in e-commerce aggregators in Latin America lately, when it rains, it pours. Merama, which acquires or launches Latin American digital brands, hit a $1.2 billion valuation — just 12 months after incorporation — following a new $60 million follow-on investment led by Series B investors Advent International and Softbank. It
Everyday business decisions require data and are often questions someone has already asked and had answered. However, where all of that knowledge lives is not always accessible if you aren’t in research or have a panel of experts. NewtonX wants to change that. The business-to-business insights company on Wednesday announced $32 million in Series B
Synthesia, a startup using AI to create synthetic videos, is walking a fine, but thus far prosperous, line between being creepy and being pretty freakin’ cool. Today, it announced the close of a $50 million Series B funding round led by Kleiner Perkins, with participation from GV and existing investors Firstmark Capital, LDV Capital, Seedcamp
A new company is entering the crowded e-commerce aggregator space to acquire and scale high-performing Latin American brands selling on MercadoLibre, Shopify or Amazon. Quinio, a Mexico-based company, announced today it secured $20 million in a debt-and-equity round that will be used to add more than 30 brands to its portfolio. The company was founded
The same day in February 2020 that Credit Karma planned to announce that it had been acquired by Intuit for more than $7 billion, the stock market tanked, spooked by news that a novel virus had the potential to start a pandemic. “I’m up at 5 o’clock in the morning, the Dow is flashing red
The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade, by Equinix, a U.S. multinational specializing in internet connection data centers. The story of MainOne starts with founder and CEO Funke Opeke moving back to
Clubbi, a Brazilian business-to-business resource for small food retailers, brought in $4.5 million in seed funding to expand across the country. The remote first company started in 2020 as an online commerce resource for neighborhood markets and grocery stores — most that have never shopped online before — to stock up on products they need,
Plastic containers are ending up in landfills and oceans all over the world as more countries stop accepting our recycled goods. This is adding up: The average American uses and throws away 110 pounds of single-use plastic every year, yet only 8% of plastic is recycled in the United States. You might think that all
Two years ago at AWS re:Invent, then AWS CEO Andy Jassy made it clear that he was tired of the slow pace of change and he wanted to find ways to get companies to move to the cloud faster. At yesterday’s opening keynote, in fact, new AWS CEO Adam Selipsky stated that the pace is
Sourcing and importing goods from overseas can go very wrong, leaving companies in a position of not receiving what they paid for or even getting nothing. Manuel Rodriguez Dao, co-founder and CEO of Mexico City-based Meru.com, and co-founder Federico Moscato, learned this the hard way when they were sourcing goods for another company and faced
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