Former Startup Darling Genius Sells to Media Lab for $80 Million
(Bloomberg) — Music-annotating startup Genius Media Group Inc., a site that drew attention in part for outsized funding from venture capitalists, has sold its assets to a Santa Monica, California-based media holding company for $80 million. The…
New jobs board hopes to benefit Raleigh, Durham NC startups
People work inside of the Raleigh Founded coworking community in downtown Raleigh. N&O file photo RALEIGH Listen to our daily briefing: Some of the Triangle’s most influential coworking companies and incubators are coming together to launch a new…
DNA Startup Oxford Nanopore Wins Oracle Backing for Upcoming IPO
(Bloomberg) — DNA-sequencing company Oxford Nanopore Technologies Ltd., whose technology is used to identify variants of Covid-19, is looking to raise 300 million pounds ($415 million), with Oracle Corp. agreeing to be a cornerstone investor. The…
Pro Golfer Dylan Frittelli is Next Professional Athlete to Partner With LifeBrand, Enterprising Social Media Tech Startup
WEST CHESTER, Pa., Sept. 15, 2021 /PRNewswire/ — LifeBrand, a rising tech startup that offers unique solutions to help build and protect personal and corporate brands on social media, announced today the addition of PGA Tour Pro Golfer Dylan…
Lucid is the Tesla of electric-vehicle startups, and the stock is set to soar nearly 60%, Bank of America says
MediaNews Group/Bay Area News via Getty Images Bank of America initiated coverage of Lucid Motors on Wednesday with a “buy” rating and price target of $30. Analysts led by John Murphy compared the newly public company to Tesla and Ferrari.…
Rivian beats Tesla, GM and Ford to build the first electric pickup truck
By Chris Isidore, CNN Business There is a winner in the race to build the first consumer ready electric pickup truck, and it isn’t Tesla, Ford or General Motors. It’s Rivian. Who? The startup truck maker’s first R1T pickup come off the line in a former…
Pro Golfer Dylan Frittelli is Next Professional Athlete to Partner With LifeBrand, Enterprising Social Media Tech Startup | News
WEST CHESTER, Pa., Sept. 15, 2021 /PRNewswire/ — LifeBrand, a rising tech startup that offers unique solutions to help build and protect personal and corporate brands on social media, announced today the addition of PGA Tour Pro Golfer Dylan…
Grow-NY startups pioneer food and ag innovations
From fully autonomous berry harvesters to plant-based lupini bean protein bars, the startups competing for $3 million in prize money at this year’s Grow-NY Food and Agriculture Competition are bringing revolutionary innovations to market. Currently in…
Clean energy startup Arcadia raises $100 million to fuel expansion
Arcadia, a startup that provides people avenues to access renewable energy without having to change power companies, has raised $100 million to fuel its expansion. Driving the news: New investors Tiger Global Management and the Drawdown Fund led the…
VC Daily: Venture Firm 500 Startups Rebrands, Closes Its Largest Fund
Good day. Nostalgics may be disappointed that prominent San Francisco-based venture firm 500 Startups is changing its name to 500 Global. But what is even more striking is that a firm that made investing in companies in their infancy its trademark is now…