We’ve all read the headlines–a significant obstacle in keeping the coronavirus from spreading has been the shortage of available tests. In fact, numerous media outlets reported just yesterday that New York could soon “completely run out” of swabs specifically needed for coronavirus testing. One startup is out
Lightspeed Venture Partners secured more than $4 billion across three of its funds in order to support early- and growth-stage entrepreneurs around the world. The company did not disclose the source of the funding. Here is the breakdown of how Menlo Park-based Lightspeed plans to use the
Coder, an Austin startup that is building a cloud-based development suite, has raised $30 million in Series B funding led by GGV Capital. Existing backers Uncork Capital and Redpoint Ventures also participated in the financing, along with In-Q-Tel Inc. The investment comes 11 months after Coder raised an $8.4 million Series
Retail tech startup Edited has landed $29 million in a new round of funding, the company announced Wednesday. Edited has a large amount of real-time product data, with the company tracking more than 2.5 billion products across the world. That data helps retailers track things like
Inventors with a viable product idea, but no experience in bringing it to market, now have an option for helping their idea go from design to manufacturing to shipment in as little as 100 days. Austin-based Gembah, pronounced with a long “g,” closed on a $3.28
Startups developing autonomous robots have seen their usage rise in grocery stores, warehouses and hospitals amid the COVID-19 pandemic. As a result, these companies have naturally had to expand operations to meet demand. Case in point: In the first quarter of 2020, Brain Corp. saw a 13
E-commerce is a massive and rapidly expanding industry. Global online retail sales will grow to an astounding $6.5 trillion by 2023, up from $3.5 trillion in 2019, according to Statista. These estimates may even prove to be conservative, with the COVID-19 pandemic accelerating the migration
U.S. stocks climbed again through morning trading Tuesday as part of a larger rally over the last serval weeks that has seen the S&P 500 jump roughly 25% from its March 23 lows. The recent positivity comes as the Fed and the U.S. government try