Day: January 27, 2020

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking stock of the latest from Casper, the D2C mattress company that is going public. The unicorn announced its initial IPO price range this morning, targeting a $17 to $19 per-share IPO price […]

Following Spotify’s confirmation of a new Stories feature, initially being tested by social media influencers, the company this morning announced it will now allow artists to reach their Instagram fan bases in a new way, too. However, in this case, they aren’t creating Spotify Stories they can market elsewhere on their social media, but instead […]

This morning Mural, a software startup focused on visual collaboration1, announced that it closed a $23 million Series A round of capital. The funds come after MURAL, formerly Mural.ly, had raised just a few million dollars previously. That fact made its round interesting: How did the company raise ten times its prior total in one […]

GM said Monday it will invest $2.2 billion into its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs as well as a self-driving vehicle unveiled by its subsidiary Cruise. The automaker will invest an additional $800 million in supplier tooling and other projects related to the launch of the new electric trucks. GM will […]

Kumar Shah Contributor Share on Twitter Kumar Shah is the founder of Transit Capital, a cross-border VC firm that partners with growth-stage entrepreneurs building global champions. At the start of recruiting season in business school, a top-tier consulting firm sent an invite to the entire class: “over your career, you will either be sitting with […]

The countdown to savings continues, and you have just four days left to score the best price on tickets to TC Sessions: Robotics + AI 2020. Join 1,500 of the brightest minds and innovators in robotics and machine learning — technologists, founders, investors, engineers and researchers. Buy an early-bird ticket now before prices go up […]

Otter.ai, an AI-powered transcription app and note-takers’ best friend, has received a strategic investment from Japan’s leading mobile operator and new Otter partner, NTT DOCOMO Inc. The two companies are teaming up to support Otter’s expansion into the Japanese market where DOCOMO will be integrating Otter with its own A.I.-based translation service subsidiary, Mirai Translation, […]

WholyMe, a London startup that makes and markets ‘natural relief’ products to manage chronic pain, has closed a £500,000 Seed round from investors Financière Saint James, V1 Capital, Guibor and business angels. The round also includes Joyance Partners, a New York-based VC concentrating on the new science emerging around ‘health and happiness’ which recently expanded […]

Berlin-based Merantix, a venture studio which specifically concentrates on building ‘AI companies’, says it has raised a new €25M fund ($27M). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well as further family offices from Europe. Co-founder Adrian Locher said in a statement that the successful fundraising “underpins […]