Category: Startups
Hio wants to put networking events back on your remote-only calendars
The Center for Disease Control (CDC) guidelines and the COVID-19 pandemic has surged event cancellations across the country. Tech workforces have found ways to stay productive: back-to-back Zoom calls, work-from-home happy hours and more Twitter threads than anyone asked for. But Jason Craparo, the founder of events platform Hio, wants…
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Addionics, a startup creating ‘next-gen’ batteries for electric cars and more, raises $6M
Addionics, an Israeli/U.K. startup that is developed next-generation rechargeable batteries for electric vehicles and other applications, has raised $6 million in funding. The round is led by Next Gear Ventures, and includes a $2.5 million grant as part of the European Union’s Horizon2020 innovation competition. Founded by former Imperial College…
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Vericool raises $19.1 million for its plant-based packaging replacement for plastic coolers
Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other…
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OrbitFab secures National Science Foundation funding to propel its satellite refueling tech to space
On-orbit satellite refueling technology is closer than ever to a practical reality, which could help immensely with the cost and sustainability of orbital businesses. Startup OrbitFab, a 2019 TechCrunch Battlefield finalist, is one of the companies working to make orbital refueling a reality, and it just secured a new contract…
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Join the FirstMark Capital squad for a live Q&A on Zoom tomorrow at 9am PDT
Stuck at home? JK! I know you are! You’re not alone. FirstMark Capital partners Rick Heitzmann, Amish Jani, Matt Turck, Beth Ferreira, and Adam Nelson are also working from home. But neither distance nor virus can truly keep us all apart. That’s why I’m thrilled to announce that tomorrow at…
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How to value a startup in a downturn
The value of technology companies has fallen as the broader public markets have repriced themselves in light of COVID-19-related market and economic disruptions. And as the public markets sort out the new value of a huge piece of global business, private companies are being shaken as well. What happens in…
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