Month: March 2021
Cricut completely unravels subscription plans that would limit its crafting machines
Cricut has announced in a new blog post that its automated cutting and printing craft machine will no longer require a subscription for unlimited uploads next year. The company took a step back when it announced it would postpone the change until 2022. But now Cricut CEO Ashish Arora is…
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Fortify raises a $20M Series B for its composite manufacturing 3D printer
There’s been quite a bit of movement in the additive manufacturing space in recent months. If I had to pinpoint a reason, I would say that — much like robotics (another space I follow fairly closely) — the category has gotten a boost in interest from the pandemic. Medical applications…
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Ford to build some F-150 trucks without certain parts due to global chip shortage
Ford said Thursday that some some Ford F-150 pickup trucks and Edge crossover without certain electronic modules due to a twofold punch of a global semiconductor shortage and a lack of parts caused a winter storm. Ford said it will build and hold the vehicles for a number of weeks,…
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Fort raises $13M for its robotics safety software
Fort Robotics today announced a $13 million raise. Led by Prime Movers Lab, the round also features Prologis Ventures, Quiet Capital, Lemnos Labs, Creative Ventures, Ahoy Capital, Compound, FundersClub and Mark Cuban. The Philadelphia-based company was founded in 2018 by Samuel Reeves, who previous headed up Humanistic Robotics. That fellow…
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Facebook is working on a version of Instagram for kids under 13
Head of Instagram Adam Mosseri confirms that a version of the popular photo sharing app for children under 13 is in the works, BuzzFeed News reports. The Facebook-owned company knows a lot of kids want to use Instagram, Mosseri said, but there isn’t a “detailed plan yet,” according to BuzzFeed…
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MrBeast’s management company, Night Media, has a new venture fund that’s backed by creators
MrBeast’s management company is getting into the venture business. Night Media, the six-year-old, Dallas-based multimedia talent management company, is closing a debut fund with $20 million in capital commitments from the powerful family-friendly online influencers it manages, along with other social media stars. The idea, says Night Media CEO Reed…
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