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  • Snap­com­merce rais­es $85M to make over your mobile shop­ping experience
    by Mary Ann Azeve­do on 4. March 2021 at 14:30

    Peo­ple are not only shop­ping dig­i­tal­ly more than ever. They’re also shop­ping using their mobile phones more than ever. And for mobile-first com­pa­nies like Snap­com­merce, this is good news. Snap­com­merce, for­mer­ly known as Snap­Trav­el, has raised $85 mil­lion in what the com­pa­ny is describ­ing as a “Pre-IPO” growth round to help fur­ther its mis­sion of

  • Papaya Glob­al rais­es $100M more at a $1B+ val­u­a­tion for tools to hire, pay and man­age dis­trib­uted workforces
    by Ingrid Lun­den on 4. March 2021 at 14:22

    Remote work­ing — hir­ing peo­ple fur­ther afield and let­ting peo­ple work out­side of a cen­tral phys­i­cal office — is look­ing like it will be here to stay, and today one of the star­tups build­ing tools for that envi­ron­ment is announc­ing a big fundraise in response to the oppor­tu­ni­ty. Papaya Glob­al, an Israeli start­up that provides

  • Robot­ics roundup
    by Bri­an Heater on 4. March 2021 at 14:00

    I’m excit­ed for any oppor­tu­ni­ty to talk about soft robot­ics. There’s some­thing oth­er-world­ly about the world of inflat­able robot­ic blad­ders. Human beings are wont to devel­op robot­ics in their own image. The world of soft robots are some­thing akin to what the tech­nol­o­gy would be like if it was devel­oped by a sea crea­ture. Certainly

  • Income ver­i­fi­ca­tion is white-hot right now, and Plaid wants in
    by Mary Ann Azeve­do on 4. March 2021 at 14:00

    Fresh off the ter­mi­na­tion of its planned merg­er with Visa, Plaid announced Thurs­day a new income ver­i­fi­ca­tion prod­uct, which it said is aimed at “improv­ing the lend­ing life­cy­cle” with pay­roll data. Dubbed sim­ply Income, the new prod­uct — which is cur­rent­ly in beta — is designed to make it eas­i­er for peo­ple to ver­i­fy their

  • Square buys major­i­ty of Tidal, adds Jay Z to its board in bid to shake up the artist economy
    by Alex Wil­helm on 4. March 2021 at 13:50

    This morn­ing Square, a fin­tech com­pa­ny that serves both indi­vid­u­als and com­pa­nies, announced that it has pur­chased a major­i­ty stake in Tidal, a music stream­ing ser­vice. The deal, worth some $297 mil­lion, will Tidal allow artist-part­ners to keep their own­er­ship in the music com­pa­ny. Square CEO Jack Dorsey used his oth­er com­pa­ny, Twit­ter, this morning

  • SpaceX launch­es 60 new Star­link satel­lites, while Star­ship moves clos­er to being able to launch up to 400 at a time
    by Dar­rell Ether­ing­ton on 4. March 2021 at 12:31

    SpaceX has launched anoth­er batch of its Star­link satel­lites – the usu­al com­ple­ment of 60 of the low Earth orbit space­craft, which will join the more than 1,000 already mak­ing up the exist­ing con­stel­la­tion. This is the fifth launch of Star­link satel­lites for SpaceX this year, and the 20th over­all. Ear­li­er this year, SpaceX opened up

  • Hopin con­firms $400M raise at $5.65B valuation
    by Alex Wil­helm on 4. March 2021 at 12:30

    This morn­ing Hopin, a vir­tu­al events plat­form and video-focused soft­ware ser­vice, announced that it has closed a $400 mil­lion Series C. The new cap­i­tal val­ues Hopin at $5.65 bil­lion. Both num­bers match pri­or TechCrunch report­ing that the com­pa­ny was tar­get­ing a $400 mil­lion raise at a val­u­a­tion of between $5 bil­lion and $6 bil­lion. Andreessen