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Posts Tagged ‘industry’
Life sciences startups need a whole lot more cash than most and thats certainly true for GRAIL, a cancer detection startup trying to figure out a way to find the emperor of all maladies much earlier through blood testing technology. The startup, which spun out of genomics company Illumina announced it has closed a whopping $900 million in Series B funding this morning.
Lower airspace isnt crowded with drones quite yet. But as drones become more pervasive, a startup called AirMap is building software and systems to help drone operators fly only where its safe and legal to do so.
Revcontent, a self-funded companypowering content recommendations for publishers like Forbes and The Atlantic, has acquired Rover. Thats not Rover the pet-sitting marketplace, but rather the content discovery app formerly known as Flipora and Infoaxe.
Skurt, the Los Angeles-based rental car delivery startup, has raised $10 million in Series A funding. The round was led byUpfront Ventures (which alsoled a $1.3 million seed round), and included a strategic investment from BMW, as well as funding from Troy Carters Cross Culture Ventures, Expansion VC, Greycroft and Magic Johnson.
As theTV show Silicon Valleyhas shown, the tech community there is ripe for satire. So its not surprising that the next product to be born into this satirical vertical is a board game where you must go through the sometimes tortuous process of raising money.
Britains tech sector faces a triple whammy hit to its workforce without government action, according to new reports. Firstly, from a critical fall-off in STEM skills in its own population due to lack of funding; secondly, from visa restrictions on the availability of high-skilled specialists from overseas; and, thirdly, from the uncertainty of the impact of Brexit on its highly international tech workforce.
Meal kit delivery startups, at this point, are nothing new. They send pre-measured ingredients in an insulated package right to a subscribers door, and promise to alleviate the inconvenience of grocery trips.
A Swiss startup, Terpon SA, is making virtual reality webcams specifically for the adult entertainment industry. The cameras arent available for purchase, but customers can rent them for about $30 a month, a price that includes around the clock technical support.
The fashion industry isnt necessarily racing into the future, but some startups and even some big brands are taking steps toward technology that not only help end-users but also help the brands and retailers themselves. One such startup is PS Dept, founded here in New York.