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Casper files to go public, shows you can lose money selling mattresses

Casper files to go public, shows you can lose money selling mattresses E-commerce phenom and D2C bright light Casper has filed to go public. The New York-based company that raised nearly $340 million while private, according to Crunchbase data, expects to trade on the New York Stock Exchange under the ticker symbol […]

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Tesla lands $1.4 billion from Chinese banks to build out its Shanghai gigafactory

Tesla lands .4 billion from Chinese banks to build out its Shanghai gigafactory Tesla has reportedly secured over $1.4 billion in financing in the form of loans from multiple Chinese banks in order to help fund the construction of its new gigafactory in Shanghai. First Reuters and now Bloomberg reported the funding as […]

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Despite winter’s chill, the Northeast’s tech ecosystem is white-hot

Despite winter’s chill, the Northeast’s tech ecosystem is white-hot Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today, we’re digging into a host of data concerning the East Coast venture capital scene, specifically looking into the performance of its two […]

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Cisco acquires ultra-low latency networking specialist Exablaze

Cisco acquires ultra-low latency networking specialist Exablaze Cisco today announced that it has acquired Exablaze, an Australia-based company that designs and builds advanced networking gear based on field programmable gate arrays (FPGAs). The company focuses on solutions for businesses that need ultra-low latency networking, with a special emphasis on high-frequency trading. Cisco […]

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Dutch startup Meatable is developing lab-grown pork and has $10 million in new financing to do it

Dutch startup Meatable is developing lab-grown pork and has million in new financing to do it Meatable, the Dutch startup developing cruelty-free technologies for manufacturing cultured meat, is pivoting to pork production as a swine flu epidemic ravages one quarter of the world’s pork supply — and has raised $10 million in […]

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FedEx robot sent packing by NYC

FedEx robot sent packing by NYC FedEx’s autonomous delivery bot got a cold reception from New York City officials. After the company’s SameDay Bots — named Roxo — popped up on New York City streets last week, Mayor Bill de Blasio and transportation officials delivered a sharp response: Get out. FedEx told […]

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Startups Weekly: Understanding Uber’s latest fintech play

Startups Weekly: Understanding Uber’s latest fintech play Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about how SoftBank is screwing up. Before that, I […]

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Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via

Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony .ai and Via’s ride-hailing platform, will start shuttling customers on public roads next week. The robotaxi service called BotRide will […]

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HuffPost is reportedly on the auction block

HuffPost is reportedly on the auction block Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it […]

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Electric moped startup Revel could expand to Texas next

Electric moped startup Revel could expand to Texas next Revel, the New York-based shared electric moped startup, appears to be preparing to expand into Texas, according to job listings first spotted and reported by Thinknum Alternative Data. The expansion into Texas would be Revel’s fourth market and its first west of the […]

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