Category: covid-19
African genomics startup 54gene raises $15M led by Adjuvant Capital
Greater availability of African genomic data could lead to medical breakthroughs for the continent’s 1.2 billion people. That’s the driving proposition of 54gene — a U.S. and Nigeria based startup — that collects African genetic code for use in health research and drug development. The company has closed a $15…
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Popular apps download and revenue take a hit in India as people stay home
The coronavirus pandemic, which has forced billions of people to stay home, has led to a surge in new downloads of several consumer and enterprise focused apps in the west. But in India, the biggest open market globally, things have taken a slightly different turn. Daily downloads for several popular…
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One month after White House pledges, access to testing and equipment still lags
One month after President Trump declared a national emergency and announced commitments from some of the nation’s largest companies to help expand testing capabilities in the U.S., most regions still lack access to the necessary tests and equipment they require. When the president stepped to the podium in the Rose…
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Streaming on Roku devices jumped nearly 50 percent
It won’t surprise you to hear that streaming video demand is surging as people stay home during the COVID-19 pandemic, but now there are more tangible figures for that demand. Roku expects the total number of streaming hours in the first quarter of 2… Source
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Layoffs are disproportionately impacting startup satellite offices
Layoffs have struck the startup world swiftly, hurting hospitality and travel startups, as well as recruitment and scooter companies. New data shows that some of those layoffs, brought on by COVID-19, might be disproportionately impacting satellite campuses. By nature, satellite offices are secondary to a startup’s headquarters. Opening smaller offices…
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Silicon Valley restructuring veteran says his firm is winding down up to 3 startups a day
‘It doesn’t matter what size they are; when they come to us, they’re all broke’ Connie Loizos @Cookie / 8 hours Marty Pichinson gets called a lot of things: Silicon Valley’s undertaker, its terminator, a grave digger. These aren’t meant as slights; Pichinson is the founder of Sherwood Partners, a…
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