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StartUp

Just Spices, the German-founded spice mix brand, is disclosing €13 million in Series B funding. The round is led by Five Seasons Ventures and Coefficient Capital, with Bitburger Ventures also joining.
A direct to consumer play, Just Spices offers two main product lines: Spice Mixes and “IN MINUTES”.
The first consists of various spice blends, with
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Read more: Just Spices, the German spice mix startup, raises €13M Series B
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OrCam is expanding its product lineup with new devices that tackle new use cases. OrCam’s best-known device is the OrCam MyEye 2 — a tiny device for people with visual impairment that you clip on your glasses to help you navigate the world around you.
At CES, OrCam announced that the MyEye 2 is getting new features. In addition to being able to
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Read more: OrCam announces new AI-enabled device for hearing impairment
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BuzzFeed’s technical team has a new leader — incoming chief technology officer Peter Wang, who’s leaving his role as CTO of healthcare community The Mighty.
Wang has plenty of experience in the media industry, having served as CTO at Refinery29 and at Narrativ, a startup that helps publishers make money through commerce. He told me that he was
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Read more: BuzzFeed hires The Mighty’s Peter Wang as its new CTO
Write comment (98 Comments)Scoodle, a U.K.-based startup that, in its own words, wants to help tutors become influencers, is disclosing $760,000 in pre-seed funding.
Backing the round is Twitter co-founder Biz Stone, alongside Tiny VC, IFG Ventures and a number of unnamed angels. Scoodle is also the first ed tech company to join the University of Oxford’s accelerator, O
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Read more: Twitter co-founder Biz Stone backs tutoring platform Scoodle
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Now that 2020 has started, Uber, DoorDash and Lyft are taking additional steps to undermine a new California law that would help more gig workers qualify as full-time employees. These moves entail product changes, lawsuits and ramped-up efforts to get a ballot initiative in front of voters that would roll back the new legislation.
Let’s start with t
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Read more: How gig economy giants are trying to keep workers classified as independent contractors
Write comment (91 Comments)Lily AI, a startup focused on using deep learning to help brands better convert customers through emotionally tailored recommendations, announced this morning that it has raised a $12.5 million Series A led by Canaan Partners. Prior investors NEA, Unshackled and Fernbrook Capital also took part in the funding event.
Prior to its Series A, Lily had
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PayU is acquiring a controlling stake in fintech startup PaySense at a valuation of $185 million and plans to merge it with its credit business LazyPay as the nation’s largest payments processor aggressively expands its financial services offering.
The Prosus-owned payments giant said on Friday that it will pump $200 million — $65 million of which
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Two years ago, we created the Matrix
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Read more: 2019 saw a stampede of fintech unicorns
Write comment (93 Comments)Sisense, an enterprise startup that has built a business analytics business out of the premise of making big data as accessible as possible to users — whether it be through graphics on mobile or desktop apps, or spoken through Alexa — is announcing a big round of funding today and a large jump in valuation to underscore its traction. The company ha
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Read more: Sisense nabs $100M at a $1B+ valuation for accessible big data business analytics
Write comment (91 Comments)At CES 2020, one of the more well-represented gadget categories was definitely consumer robots – but none was more adorable than MarsCat, a new robo-pet from industrial robot startup Elephant Robotics. This robot pet is a fully autonomous companion that can respond to touch, voice and even play with toys, and it’s hard not to love the thing after s
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Read more: Meet MarsCat, a robot cat with lots of love to give and room to grow
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Today, we’re exploring fundraising from outside the venture world.
Founders looking to raise capital to power their growing companies have more options than ever. Traditional bank loans are an option, of course. As is venture
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Read more: How some founders are raising capital outside of the VC world
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Last year Insight Partners invested $500 million in cloud data management company Veeam. It apparently liked the company so much that today it announced it has acquired the Swiss startup for $5 billion.
Veeam helps customers with cloud data backup and disaster recovery. The company, which has been based in Baar, Switzerland, says that it had $1
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Read more: Insight Partners acquires data management company Veeam for $5B
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Lime is hoping to achieve profitability this year by laying off about 14% of its workforce and ceasing operations in 12 markets, Axios first reported.
“Financial independence is our goal for 2020, and we are confident that Lime will be the first next-generation mobility company to reach profitability,” Lime CEO Brad Bao said in a statement to Tec
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Read more: Lime is laying off about 100 people and ceasing operations in 12 markets
Write comment (91 Comments)Anu Shukla had found the perfect VP of Engineering to help her build her latest startup, a company called RewardsPay. By that point, she had founded or cofounded several venture-backed startups
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Read more: Deciding how much equity to give your key employees
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Outlier.org, a startup that allows students to take online classes for college credit, is announcing that it has raised $11.7 million in Series A funding.
GSV Ventures led the round, with participation from Harrison Metal, Tectonic Capital and Jackson Square Ventures. If you add this round to previously undisclosed seed funding led by Harrison
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Read more: MasterClass co-founder’s new educational startup Outlier raises $11.7M
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