Category: TC

Greece’s Convert Group raises €1.2M to bring e-commerce visibility to FMCG

Convert Group, a startup based in Athens that offers a SaaS to help FMCG (fast-moving consumer goods) brands understand how they are performing across e-commerce, has raised €1.2 million in seed funding. The investment comes from Uni.fund, which is backed by the EquiFund investment platform (an initiative created by cooperation…

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Mark Cuban backs ChatableApps, developer of a hearing assist app that removes background noise

ChatableApps, a U.K. startup commercialising the work of auditory neural signal processing researcher Dr Andy Simpson, has quietly picked up seed backing from Mark Cuban. The company has built a smartphone app that provides hearing assistance by removing background noise in near real-time. Alongside Simpson, the company’s co-founders are Brendan…

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Microsoft will pay hourly workers regular wages even if their hours are reduced because of COVID-19 concerns

As more COVID-19 cases are identified in the United States, some companies are asking employees to work from home if possible. But that impacts the jobs of people who work in on-site operations, including many who are paid by the hour. Today Microsoft said that it will continue paying all…

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Spindrift, maker of fizzy drinks, has raised $29.8 million

Spindrift, maker of fizzy soda and sparkling water, has raised $29.8 million in a funding round, per an SEC filing. The Charlestown, Mass. company was founded by Bill Creelman and has raised $70 million in known venture capital funding to date, per Crunchbase data. The company did not immediately respond…

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Axiom Space pitches its first 10-day, all-inclusive trip to the ISS for just $55 million

Axiom Space is looking to make history by sending three passengers on a round-trip journey to the International Space Station for the low, low price of $55 million. The Houston -based, venture-backed company has signed a contract with SpaceX for a Crew Dragon flight which will transport a commander trained…

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Mobile banking app Empower Finance just closed a $20 million Series A round

Another afternoon, another round of funding for a mobile banking app. This time, it’s Empower Finance a San Francisco-based company that’s headed up by former Sequoia Capital partner Warren Hogarth and which just closed on $20 million in Series A funding from Icon Ventures and Defy Ventures. David Velez, who…

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