Venture Capital

Sometimes, regular riders may be shocked by the cost of an Uber ride, but it's not something you'd expect the company's CEO to encounter. But Wired Editor at Large Steven Levy recently took a 2.95-mile Uber ride in New York City to meet Uber Technologies Inc. CEO Dara Khosrowshahi. When Levy asked...

Human resources (HR) technology startup Propel HR secured a €2.5 million ($2.74 million) seed funding round led by Amsterdam-based No Such Ventures, along with APX, Golden Egg Check and Future of Learning Fund.  The company, co-founded by Sunkanmi Ola, Seun Owolabi, and Abel Agoi in 2020,...

The latest Airbnb of startups is a clever firm called GoPlugable that enables people to rent their personal electric vehicle (EV) charging to others.  Maebh Reynolds, a recent engineering graduate from Queen's University Belfast in Ireland, recently founded the company with a vision to become the...

Fintech company Sweater is set to unveil its latest innovation — Public VC Funds. The revolutionary platform breaks down long-standing barriers in the venture capital (VC) industry, opening doors for regular individuals to invest in VC funds.  For over half a century, VC funds have been...

A pioneering dental medicine project in Japan is making strides toward clinical trials, with the aim of becoming the world's first tooth-regrowing treatment, according to the country's national news site Mainichi. The upcoming trial will be focused on patients affected by anodontia, a genetic...

Safety analytics firm CompScience Insurance Services has secured $10 million in a Series A funding round. Valor Equity Partners, a growth investment firm known for backing Tesla and SpaceX as well as Coalition, spearheaded the effort. Four More Capital, the early-stage investing arm of Chicago-...

Tractable specializes in Applied AI, leveraging the efficiency and precision of artificial intelligence for the visual evaluation of vehicles and homes for insurance companies. The company has announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Georgian and...

Many startups present their services as the "Airbnb of XYZ," whether that means pools, RVs or yachts. The aptly named startup Sniffspot gives yard owners a chance to rent their spaces to pet owners as dog parks. Sniffspot is revolutionizing the dog park experience by making the most out of usable...

While it's true that startup funding has been difficult to come by in 2023, that doesn't mean that the well has dried up completely — that's especially true in the crypto space.  Last week, crypto startups raised more than $200 million in venture funding, led by a $54 million raise for...

Nowadays, it seems like every company — big and small — is looking into the use of artificial intelligence (AI). Preply, a language learning platform connecting students with tutors, is no exception. The U.S.-based company, which was founded in Ukraine, secured $70 million in funding to accelerate...

Herself Health, a first-of-its-kind healthcare company for women 65+, has raised $26 million in a Series A round to accelerate growth and stay current with patient demand.  Michael Cline of Accretive served as the lead investor. This round comes only six months after the company secured $7...

It's hard not to pay attention when big-name celebrities back an up-and-coming company. That's what's happening now with Karat Financial, a company that offers credit cards and banking to folks who sell via social media. Karat announced a new funding round totaling $70 million. The funding...

Not all artificial intelligence (AI) companies are new to the scene. Humane, a startup launched by ex-Apple Inc. employees, could be the best example of this.  Humane Inc. was founded in 2018, but the company just recently shared the details of its first product, known as the Humane Ai Pin....

Hollywood actors Ryan Reynolds and Rob McElhenney have reportedly acquired a stake in the Alpine Formula One team as part of a $218 million deal without putting in any of their own money.  According to The Mail, Reynolds and McElhenney agreed to join a consortium that purchased a 24% stake in...

According to data from research firm PitchBook, global venture capital funding experienced a significant decline in the first half of 2023. This decline, which amounted to 48% and brought the total investment to $173.9 billion, can be attributed to a lack of investor enthusiasm and reduced demand...