Tag: austin
Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round
At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. The new funding comes from HealthQuest Capital, and sees the fund’s founder and managing partners Dr. Garheng Kong join the company’s board of directors. The new funding is…
Read More
SXSW will host an online festival in 2021
As part of its 2021 plans, SXSW will host an online festival that will attempt to replicate the best features of its annual conference in Austin, Texas. SXSW Online will run from March 16th to March 20th, 2021. SXSW's organizers say the event will al… Source
Read More
Tesla’s next Gigafactory is being built in Austin, Texas
Both Tesla and its CEO, Elon Musk, had plenty to crow about during Wednesday’s Q2 2020 earnings call.The company has reported its fourth straight quarter of profitability with a GAAP net income of $104 million, which qualifies it to be listed on the… Source
Read More
Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe
Volkswagen Group finalized Tuesday its $2.6 billion investment into Argo AI, the Pittsburgh-based self-driving car startup that came out of stealth in 2017 with $1 billion in backing from Ford. The deal turns Argo into a global company with two customers — VW and Ford — as well as operations…
Read More
Tesla scouts head to Tulsa, Austin as hunt for Cybertruck gigafactory location nears end
Tesla officials visited two sites in Tulsa, Oklahoma this week to search for a location for its future and fifth gigafactory, according to a source familiar with the situation. Company representatives also visited Austin recently for a potential site for a factory that will produce its all-electric Cybertruck and Model…
Read More
Austin’s Homeward raises $105 million to buy your new home for you
Austin-based company Homeward was founded by a former real estate agent with a deceptively simple premise. Homeward, which has just raised $20 million in equity funding from Adams Street Partners and another $85 million in debt from undisclosed lenders, pitches a plan where the company will loan money to would-be…
Read More