Category: TC
JOKR launches in New York with a different take on on-demand delivery
For years now, the world of retail has been evolving. Whether it’s next-day delivery with Amazon Prime or subscription D2C services or on-demand delivery from Postmates, we’re growing increasingly accustomed to being able to buy something and have it arrive at our door relatively quickly. Today, a new startup is…
Read More
Jeeves emerges from stealth with $131M in debt and equity and a16z as a lead investor
Jeeves, which is building an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing. The $31 million in equity consists of a new $26 million Series A and a previously…
Read More
Locus raises $50 million for its logistics management business
Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Series C, was led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures and…
Read More
Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet
Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment banking firm Goldman Sachs, come just weeks after Tier was awarded the London e-scooter pilot permit, alongside Lime and Dott.…
Read More
Tesla files trademark, hinting at Elon Musk’s restaurant concept plans
Tesla has recently filed a new trademark for its brand under restaurant services, a sign the company might be finally gearing up to deliver on an idea that CEO Elon Musk and other company executives have discussed publicly since at least 2017. The company applied for three new trademarks that…
Read More
SoftBank-backed construction giant Katerra said to be shutting down after raising billions
After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than 8,000 employees globally. Menlo Park-based Katerra had already been struggling to…
Read More