When the pandemic unfolded last year, demand for at-home fitness equipment skyrocketed, and Tonal was no exception. The maker of a smart home fitness trainer experienced an explosive increase in sales, and now the six-year-old San Francisco-based startup is gearing up for its next stage of growth. Tonal is adding $250 million of new funding…
Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating. The concept behind Otrium is quite simple. When items reach the end-of-season status, brands can list those items on…
Amazon will soon be a big part of the space economy in the form of its Kuiper satellite internet constellation, but here on Earth its ambitions are more commonplace: get an accelerator going. They’ve partnered with space-focused VC outfit Seraphim Capital to create a four-week program with (among other things) a $100,000 AWS credit for…
This afternoon Substack, a paid-newsletter startup, confirmed that it has raised $65 million, as initially reported by Axios. TechCrunch dug into the math behind the financing here. As anticipated, a16z led the new financing. What’s in store from the now Series B-backed company? Product work. The company wrote that intends to “rapidly” expand its Substack…
Motional will integrate its driverless technology into Hyundai’s new all-electric SUV to create the company’s first robotaxi. At the start of 2023, customers in certain markets will be able to book the fully electric, fully autonomous taxi through the Lyft app. The Hyundai IONIQ 5, which was revealed in February with a consumer release date…
African-focused talent recruitment and outsourcing company TalentQL today announced that it has been accepted into Techstars Toronto. The company will join nine other startups in the accelerator’s class of 2021. This comes two weeks after Nigerian bus-booking platform Plentywaka announced its participation in the program as well. TalentQL was launched last November by serial entrepreneurs Adewale Yusuf,…
During every economic boom, there are startup investors who appear on the scene from new corners. Some churn out; others earn the respect of the old guard over time. Jake Paul would be happy to be in the latter camp. Then again, the 24-year-old didn’t become a social media star by being conventional. Little wonder…
Dominik Schiener Contributor Dominik Schiener is co-founder and chairman of the IOTA Foundation. He has been in the blockchain space since 2011, with several startups in Switzerland, the U.K. and Germany. His primary focus is how to improve physical infrastructure with digital infrastructure such as DLT and AI. More posts by this contributor The road…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi friends and new readers, welcome to The Station. A few items before we jump into the news. Rebecca Bellan, who started writing for TechCrunch earlier this month,…
Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination with AJAX I, a special purpose acquisition…
