Category: TC
Rocket startup Gilmour Space gets a $3 million grant to develop lighter fuel tanks
Mass is money when it comes to the rocket launch business, and any small savings you can eke out can add up to big savings. That’s been the driving force behind the growing commercialization of space, and the rapid rise of the small satellite industry, and now Australian rocket startup…
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Contextual advertising company GumGum raises $22M
GumGum is announcing that it’s raised $22 million from existing investors Morgan Stanley Expansion Capital, NEA spinout NewView Capital and Upfront Ventures. CEO Phil Schraeder said he’ll use the funds to pursue a more aggressive acquisition strategy. This Series D comes nearly five years after GumGum raised a $26 million…
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Astranis raises $90 million for its next-gen satellite broadband internet service
YC-backed Astranis has raised $90 million of new combined debt and equity funding in a Series B round led Venrock, with a sizeable contribution by existing investor (and lead of their 2018 round) Andreessen Horowitz. The funding will be used to help the company launch its first commercial satellites, which…
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Flip raises $4M to pounce on the growing sector of employee messaging
By now we’re all familiar with text messaging groups for multi-person co-ordination. I’ve lost count of how many WhatsApp, Telegram and Facebook messenger groups I’m on! Other apps like Threema have started to be used in a business context and startups like Staffbase have decided to become full-blown ‘workforce messaging’…
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Intuition Robotics raises $36M for its empathetic digital companion
Intuition Robotics, the company best known for its ElliQ robot, a digital home companion for the elderly, today announced that it has raised a $36 million Series B round co-led by SPARX Group and OurCrowd. Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point…
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Tandem Bank’s chief product officer has joined Santander InnoVentures
Following the departure of it CTO last month, Tandem Bank, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, has lost another key member of its team, this time seeing chief product officer Matt Ford departing for a career in venture. Ford joined Santander InnoVentures, the venture capital arm…
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