Tag: TC
Moteefe, the e-commerce platform for on-demand merchandise, raises $5M Series A
Moteefe, the e-commerce platform for on-demand production of merchandise has raised $5 million in Series A funding. Leading the round is Gresham House, and Force Over Mass Capital. It brings total funding to date to $12.5 million, and will be used to expand into new geographies including Australia and LATAM.…
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Huawei files patent infringement lawsuits against Verizon Communications
Huawei has filed two patent infringement lawsuits against Verizon Communications in U.S. District Court. The Chinese telecommunications equipment giant wants Verizon to compensate it for the use of technology it says are covered by 12 Huawei patents, including ones related to networking, security and video communications. Before the lawsuits were…
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BlaBlaCar’s revenue grew by 71% in 2019
French startup BlaBlaCar is sharing some metrics today. In 2019, the company’s revenue grew by 71% compared to 2018. The big difference between 2019 and 2018 is that BlaBlaCar diversified its activity by offering bus rides as well as bus ticketing in some markets. BlaBlaCar is still mostly known for…
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Ancestry lays off 6% of staff as consumer genetic testing market continues to decline
Excitement in the consumer genetic testing market continues to show signs of slowing down. In the past two weeks layoffs have hit two of the biggest consumer genetic testing services — 23andme and Ancestry — with the latter announcing that it would slash its staff by 6% earlier today, in…
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Company-builder Antler passes $75M raised after investment from Schroders and Ferd
Antler is a ‘company builder’ which emerged a couple of years ago, running startup generator programs and investing from an early-stage, bringing together a heady mix of technologists, product builders, and operators together with its own technology stack. Now, plenty of ‘company builders’ have come and gone. It’s a bit…
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Google Cloud makes strides but still has a long way to go
In earnings reported this week, Alphabet announced that Google Cloud generated a robust $2.61 billion for the quarter, a number that includes revenue from both Google Cloud Platform and G Suite. That puts the division on a nice little run rate of $10.44 billion. It feels like a lot until you…
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