Startups

Nirav Tolia, CEO of Nextdoor, is stepping down from his role, Recode reports. For those unfamiliar with the company, Nextdoor is like a social network for your neighborhood. Though, over the years, there has been controversy around Nextdoor’s role in promoting racial profiling. Nextdoor later rolled out a new tool to address some of the
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Quantum computing may be a long ways off, but early applications of it aren’t as far off as you might think, according to longtime researcher and ColdQuanta founder Dana Anderson. The startup creates a device that’s designed to make it easier to start operating quantum computing-like operations on near-term problems like signal processing or time
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Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, is announcing a whopper of a round this morning: $50 million in Series B funding from Financial Technology Partners, Panorama Point Partners and Operative Capital. The company had earlier raised only very small seed and Series
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Startup founders don’t usually pitch their ideas by admitting that they’re fixing something “boring,” but it seems to work for RevenueCat‘s Jacob Eiting. In fact, Eiting alternately described his startup (which is part of the current class at accelerator Y Combinator) as handling “boring work” and solving a “boring problem.” RevenueCat helps developers manage their
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Mikhail Kokorich, the founder of Momentus, a new Y Combinator-backed propulsion technology developer for space flight, hadn’t always dreamed of going to the moon. A physicist who graduated from Russia’s top-ranked Novosibirsk University, Kokorich was a serial entrepreneur in who grew up in Siberia and made his name and his first fortunes in the years
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In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for members of the burgeoning middle class to park their money. For instance, countries like Nigeria have experienced a tremendous growth in the number of citizens entering the middle class, which now accounts for about
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Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent. The
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Event management software company Gather today announced the introduction of its Gather Booking Network, and inaugural partners Yelp and EVENTUp. The network is designed to help party go-ers, venues and event planners connect more easily and start celebrating sooner. Gather was founded in 2013 by CEO and co-founder Nick Miller, Alex Lassiter (SVP of Sales)
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Israel-based Carbyne has developed an emergency call-handling platform, supported by an ecosystem that integrates live video streaming, location services and texting capabilities. After Amir Elichai, founder and CEO, was robbed on Tel Aviv beach in 2013, he called the police and had to trudge through a tedious, long-winded conversation with the dispatcher (“Where are you,
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MoviePass competitor Sinemia is lowering prices on the already low-cost movie ticket subscription plans that it introduced earlier this year. Its monthly prices are being cut by $1 across-the-board. The cheapest plan now costs $3.99 per month, which gets you one standard movie ticket for that month. The priciest one, which covers three tickets (and
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Zoox, a once-secretive self-driving car startup, is closing a $500 million raise at a $3.2 billion post-money valuation, Bloomberg Businessweek reports. Prior to the deal, Zoox was valued at $2.7 billion, Zoox confirmed to TechCrunch. The round, led by Mike Cannon-Brookes of Grok Ventures, brings its total amount of funding to $800 million. Zoox’s plan,
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