Category: Startups

Updated FDA COVID-19 testing guidelines specifically disallows at-home sample colllection

While a number of companies who currently offer at-home medical and health diagnostics had rushed to produce kits that would allow for self sample collection by people who passed a screening and believed they might have contracted the new coronavirus, the U.S. Food and Drug Administration (FDA) has updated its…

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Enable raises $13M to help distributors, manufacturers and retailers manage rebates

Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding. The round is led by Menlo Ventures, with participation from Sierra Ventures. As part of the investment, Menlo Ventures’ Steve Sloane has…

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Global Savings Group acquires French cashback company iGraal for €123.5M

Germany’s Global Savings Group (GSG), the e-commerce content company, has acquired French cashback company iGraal for €123.5 million in a mixture of cash and stock. Specifically, the deal was reached with iGraal’s majority owner M6 Group, and consists of €35 million in cash and the remaining made up of an…

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Lilium raises another $240M to design, test and and run an electric aircraft taxi service

Long and short distance travel have all but stopped for many people at the moment. But looking forward to a time when that may no longer be the case, a company designing flying taxis is today announcing a large round of funding to help continue developing its product. Lilium, a…

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Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries

Following similar moves by Lime, Bird, Tier and others, Voi Technology, the European e-scooter rentals and so-called micro-mobility startup, says it has “paused” operations in several countries due to the Coronvirus pandemic. This sees the company suspend operations in all but nine key cities. In a short statement issued to…

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YC startup Felix wants to replace antibiotics with programmable viruses

Right now the world is at war. But this is no ordinary war. It’s a fight with an organism so small we can only detect it through use of a microscope — and if we don’t stop it, it could kill millions of us in the next several decades. No,…

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