Tag: RRE Ventures
COVID-19 nearly killed this office furniture startup; turning to home offices may save it
A lot of U.S.companies have had near-death experiences in recent months. Among them is Branch, a 1.5-year-old, venture-backed New York-based startup that sells what it calls “exceptional office furniture, at half the price” — and which nearly went kaput because of the pandemic. After generating roughly $800,000 in revenue in…
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OTTO Motors raises $29M to fill factories with autonomous delivery robots
When Clearpath Robotics CEO and co-founder Matthew Rendall looks at the “miles” of roads inside industrial factories, he sees them filled with autonomous vehicles. And in the past five years, the company has inched toward that goal through its industrial division OTTO Motors. The division, which launched in 2015, has…
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Nanit raises $21 million for its baby monitor, app, and new line of wearables for infants
The developer of a machine learning enhanced baby monitor, Nanit, has managed to nab $21 million in financing even amid the teeth of an epidemic that has slowed venture financing across the board. The round came from existing investors including: Jerusalem Venture Partners, Upfront Ventures, RRE Ventures, and Rho Capital Partners, and…
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With cinnamon, fruit and mint-flavored nicotine gum, is LA’s Lucy Goods the next Juul?
David Renteln, the Los Angeles-based co-founder of Soylent and the co-founder and chief executive of new nicotine gum manufacturer Lucy Goods, thinks there should be a better-tasting, less-medicinal offering for people looking to quit smoking. That’s why he founded Lucy Goods, and that’s why investors, including RRE Ventures, Vice Ventures…
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Why VCs are dumping money into insurance marketplaces
Following our look at why so many startups are building OKR-focused software and why venture capitalists are pouring capital into their efforts, today we’re asking a similar question about insurance marketplace startups. This month, Insurify raised a $23 million Series A that TechCrunch covered here. And even more recently, Gabi,…
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