Category: coronavirus

Startup group works to get flat-packed protective boxes to frontline COVID-19 medical workers

There are a number of initiatives by startup companies and entrepreneurs looking to support the healthcare response to COVID-19, and one that’s addressing a need in the realm of personal protective equipment is the COVID Box project launched by a group of volunteers in Toronto that includes startup founders and…

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Amid shift to remote work, application performance monitoring is IT’s big moment

In recent weeks, millions have started working from home, putting unheard-of pressure on services like video conferencing, online learning, food delivery and e-commerce platforms. While some verticals have seen a marked reduction in traffic, others are being asked to scale to new heights. Services that were previously nice to have…

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Dining and takeout startup Allset raises $8.25M as it adapts to life under lockdown

Even though this might seem to be the absolute worst time to try to round up funding for a restaurant-related startup, Allset is announcing that it’s raised an $8.25 million Series B. It was not, to be clear, an easy process. CEO Stas Matviyenko (who founded the company with COO…

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Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020. At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency…

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Xiaomi reports Q4 revenue jump, beats estimates

Xiaomi ended 2019 on a high, reporting a 27.1% year-over-year jump in the fourth-quarter revenue aided by overseas expansion, beating analysts’ estimation.  The Chinese giant said sales in the fourth quarter jumped to 56.5 billion yuan ($8 billion), up from 44.42 billion yuan in the same quarter a year before.…

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D-Wave gives anyone working on responses to the COVID-19 free cloud access to its quantum computers

D-Wave, the Canadian quantum computing company, today announced that it is giving anyone who is working on responses to the COVID-19 free access to its Leap 2 quantum computing cloud service. The offer isn’t only valid to those focusing on new drugs but open to any research or team working…

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