Ahead of the company’s upcoming earnings, Peloton CEO John Foley took a break from a “quiet period” to address a number of reports related to poor device sales. The executive issued a denial that the company is halting production across its entire bicycle and treadmill line as demand for the devices has begun to crater…
Foundation Capital, an early-stage venture firm with offices in Palo Alto and San Francisco, has been around for 27 years, in many iterations. It has been sprawling, it has been small, it has thrived, it has teetered. In 2022, it’s in expansion mode once again. Three years after closing its ninth fund with $350 million…
Mitsubishi Electric, the automaker’s electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robots. The company will be working with Cartken, the Google alum startup that came out of stealth last March, to unleash a small number of Cartken’s delivery robots in a Japanese mall to provide indoor and…
Mention Me, a platform to generate customer referrals, has raised a $25m Series B round, led by London’s Octopus Ventures. Eight Roads Ventures, the lead investor from the prior round, a $7 million Series A in a 2018, also participated. The London-based startup helps businesses turn referrals into a channel for acquiring customers, while also gathering data…
SaaS Labs has raised $42 million in a new financing round, less than three months after closing its previous funding, and acquired two startups as it looks to aggressively grow its automation platform that serves sales and support teams at small and medium-sized businesses. Sequoia Capital India led SaaS Labs’ Series B round. Base 10…
Apple Podcasts is rolling out a new “Listen With” editorial franchise to give users a new way to discover podcasts. The company says Listen With helps users discover new shows by sharing those that popular artists, authors, filmmakers, journalists, influencers and other podcasters are listening to. Each collection includes a few shows and quotes about why…
A few years back there was debate in the tech market concerning the growth of low- and no-code apps and services. A global shortage in developer talent was part of the impetus behind building software that made creating software simpler, but there were some who viewed no- and low-code tools as merely very good ways…
Lattice, a platform that helps with workforce people management — tools to run performance reviews, employee feedback, and praise; tools to set and track goals and other long-term career plans; and analytics to get a bigger picture of how a workforce is working — has really come into its own as a business in the…
Buy now pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. Today, one of the country’s biggest BNPL providers, BillEase, announced it has raised an $11 million Series B. The round was led by BurdaPrincipal Investments, growth capital arm of Hubert Burda Media. Other participants included Centauri, a joint…
Animoca Brands, an eight-year-old, 600-person Hong Kong-based outfit that has managed to put its stamp on many of the world’s most popular NFT and metaverse brands, has raised roughly $360 million in fresh funding at a valuation of more than $5 billion, the company announced today. It’s a big leap from the $2.2 billion valuation…
