Category: Startups

Battery analytics software startup Twaice raises €11M Series A led by Creandum

Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which…

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ClassPass now offers live streamed workouts for those house-bound by coronavirus

ClassPass, the fitness platform that connects gym-goers with the right studio/fitness class, has today announced that it’s dusting off its shuttered video product in the wake of the coronavirus pandemic. With some tweaks. ClassPass studio partners will today be able to offer live streamed classes on the platform. ClassPass has…

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Espressive lands $30M Series B to build better help chatbots

Espressive, a four-year-old startup from former ServiceNow employees, is working to build a better chatbot to reduce calls to company help desks. Today, the company announced a $30 million Series B investment. Insight Partners led the round with help from Series A lead investor General Catalyst along with Wing Venture…

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TripActions reportedly lays off hundreds amid COVID-19 travel freeze

The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While…

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France announces $4.3 billion plan to support startups

France’s Ministry of State for Digital Affairs Cédric O and public investment bank Bpifrance announced a comprehensive support plan for startups this morning. Some French startups are going to face revenue issues as well as funding issues in the coming months. The French government wants to temporarily bridge that gap…

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Looking back at Zoom’s ascent a year after it filed to go public

The friendly videoconference tool wasn’t an overnight consumer sensation Alex Wilhelm 7 hours Zoom, a video chat service then popular with corporations, filed to go public on March 22, 2019. Best known in venture and corporate circles, Zoom was far from a household name at the time. However, the groundwork…

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