Influential startup accelerator announces USF partnership
Tampa Bay Wave is strengthening its tech influence across the bay. Driving the news: The startup accelerator announced a partnership with the University of South Florida’s business school yesterday, laying the foundation for huge tech industry…
Real estate startup Cadre rakes in more than $300 million from sales of three apartment complexes
Led by a prodigious millennial founder, financially backed by both Kushner brothers, and deploying a sophisticated tech platform, real estate tech startup Cadre has garnered ample attention in recent years. The company has promised to “democratize” the…
Amazon backed EV startup, Rivian Automotive aims for valuation above US$50 billion
Given the trend that is steadily shifting towards electric vehicles all the major players in the industry are speeding up to gain an edge in the market.Amazon backed electric vehicle startup, Rivian Automotive shared earlier this week that it is…
China EV startup Byton misses payroll as bankruptcy looms
Byton, a formerly highflying Chinese electric-vehicle startup, missed payments to workers and idled production lines as a local court started bankruptcy hearings. A court in Nanjing, Jiangsu province, held a hearing Monday on the request of Shanghai…
A startup says it applied to trademark Meta before Facebook
Facebook may face a trademark battle for its new “Meta” brand. A tech retailer called Meta PC filed for it in August and told Insider Facebook’s news was a “shock.” The company told TMZ that it will stand down if Mark…
Softbank leads a nearly $100 million funding round for a metaverse and NFT-focused startup also backed by Snoop Dogg | Currency News | Financial and Business News
NFT. Sashkin Sashkin A metaverse startup got nearly $100 million in a funding round led by Softbank. Sandbox is a virtual world where players can monetize digital assets like NFTs. Snoop Dogg, The Walking Dead, and CryptoKitties have also partnered with…
U.S. Autonomous Delivery Startup Nuro Raises $600 Million for $8.6 Billion Valuation | Investing News
(Reuters) – Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger…
Pfizer sells midphase inflammatory drugs to mystery startup, exiting race against Bristol Myers
Pfizer is getting out of TYK2. Having studied its lead inhibitor in a raft of inflammatory diseases, the Big Pharma is offloading the portfolio to a new company in return for a 25% stake in the startup. Bristol Myers Squibb has made the early running in…
EV truck startup Rivian seeks $60 billion valuation in IPO
Startup electric truck manufacturer Rivian is seeking a valuation of about $60 billion in its forthcoming initial public offering, according to a filing Monday with the Securities and Exchange Commission. Rivian is planning to offer 135 million shares of…
EV startup Rivian could be worth nearly as much as Honda in U.S. IPO
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. By Noor Zainab Hussain (Reuters) -Rivian Automotive Inc, which is backed by Amazon.com Inc, is targeting a valuation of more than $53 billion…