Tag: Co-founder
EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million
Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors including Wireframe…
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African crowdsolving startup Zindi scales 10,000 data scientists
Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve complex problems in Africa. Founded in 2018, the early-stage venture allows companies, NGOs or government institutions to host online competitions around data-oriented challenges. Zindi opens the contests to the African…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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The engineers behind Google’s Bookbot have launched a delivery robot startup
The engineers behind Google’s short-lived Bookbot — a robot created within the company’s Area 120 incubator for experimental products — have launched their own startup to bring the sidewalk delivery bot back to life. The secretive startup called Cartken was formed in fall 2019 after Google shuttered an internal program…
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Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business which was designed CarSure, an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his…
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