uBeam could be vaporware, according to a blogger claiming to be uBeam’s former VP of Engineering. They accuse the startup of being unable to fulfill promises made about its technology. uBeam says it’s building a device that could wirelessly charge your phone or other electronics from several meters away. But in a series of blog posts about the startup, the author asserts that… Read More
from TechCrunch
DoorDash CEO Tony Xu says the company is cash flow positive in some of its early markets — but the company still has to invest in its growth. That’s the reason that the company raised $127 million in a new venture financing round. But it wasn’t without hiccups: DoorDash reportedly wasn’t able to get the $1 billion valuation it was looking for, and had to settle for a… Read More
from TechCrunch
I can finally tick this one off my ‘European VCs that are raising a new fund’ list. Cherry Ventures, the Berlin-based VC, has raised a new €150 million early-stage fund, its second fund since coming into existence. Read More
from TechCrunch
Soracom, a Tokyo-based startup that provides a communication platform for developers of connected devices, announced today that it has raised a 2.4 billion yen (about $22 million) Series B from World Innovation Lab, Infinity Venture Partners, and other investors, to enter the United States and other markets. Read More
from TechCrunch
Timing is everything, right? Just a few days after recovering from a denial-of-service (DoS) attack, orderbird, which claims to be the leading iPad point of sale (POS) solution in German speaking markets, is announcing that it’s closed €20 million in Series C funding. Read More
from TechCrunch
There’s no such thing as a free lunch or free energy, right? Not necessarily. Drayson Technologies, the London startup founded by Lord Paul Drayson, a very successful serial entrepreneur and former U.K. government science minister, is commercialising technology that harvests energy from radio frequency (RF) signals to potentially power a range of low-consumption devices.
These include… Read More
from TechCrunch
Credit card reward programs can be confusing, and each can be totally different from the next. So managing all your points and rewards can quickly become a headache. Enter Birch, a service that helps users manage their rewards programs and points across multiple credit cards and accounts. Birch plugs into a bank account, looks at a user’s spending habits and recommends what kinds of… Read More
from TechCrunch
Indiegogo wants to step out of Kickstarter’s shadow by embracing commerce beyond crowdfunding. That means helping sell pre-orders and finished products from entrepreneurs who are done raising money. So today Indiegogo announced it’s acquired Celery, the “pre-commerce” platform that specializes in beautiful, fully-tailorable sites for taking product pre-orders. “We… Read More
from TechCrunch
The GoFundMe platform seems to be everywhere these days; my social media feeds are never too many posts away from a campaign from the company, raising funding for a cause or a goal. The appeal is simple: The crowd-giving platform enabling tiny acts of charity and philanthropy between friends and family. This week, the platform celebrates its community crossing the 25m donors milestone. Read More
from TechCrunch
Rancher Labs, a container management platform that supports both Kubernetes and Docker Swarm, today announced that it has raised a $20 million Series B round. This new funding round was led by new investor GRC SinoGreen, a Chinese private equity and venture capital fund, with participation from existing investors Mayfield and Nexus Venture Partners. This round brings the company’s… Read More
from TechCrunch