Category: TC
Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America
Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding. IDC Ventures, Digital Bridge and IDB Invest co-led the round, which also included participation from MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders.…
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Hello Divorce raises $2M so that couples can say ‘good-bye’ easier
Divorce is messy and stressful, made even messier and stressful when a couple is unable to go through the legal process because of the cost. Online divorce startup Hello Divorce is developing a platform to make this process more affordable and quicker. To do this, the Oakland, California-based company announced…
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Rocket Lab returns to flight after failed May mission with successful launch for U.S. Space Force
Rocket Lab is back in business launching rockets, after an issue during its last launch in May caused a total loss of the payloads on board. The company was quick to investigate the issue, and announced just over a week ago that it had completed that work, identified the problem…
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Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu
Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean…
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Twitter shuttering NY, SF offices in response to new CDC guidelines
Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current conditions,” a spokesperson said. “Twitter has made the…
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Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors
“I wanted to discuss this now so that you can see the future that we’re working towards and how our major initiative across the company are going to map to that,” Zuckerberg said on the call. “What is the metaverse? It’s a virtual environment where you can be present with…
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