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Today, Real Estate Technology Ventures (RET Ventures) announced the final close of $108 million for its first fund. RET focuses on early-stage investments in companies that are primarily looking to disrupt the North American multifamily rental industry, with the firm boasting a roster of LPs made up of some of the largest property owners and
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Read more: Rent tech-focused RET closes first fund; pours $5M into management platform SmartRent
Write comment (92 Comments)Approximately 90 percent of people in need of rehabilitation services for drug and alcohol abuse don’t have access to them, according to a Substance Abuse and Mental Health Services Administration survey. Why Often, because they don’t know where to look.
Santa Monica-based WeRecover wants to fill that information gap with its Kayak-like online
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Read more: WeRecover, the Kayak for addiction recovery, raises $2M
Write comment (94 Comments)RideCell, a transportation software startup, has doubled its previously announced Series B funding round to $60 million, a sign that investors believe demand for cloud-based mobility platforms will grow as more companies try to scale up car-sharing, ride-hailing and even robotaxi businesses.
The company, which has developed a platform designed to
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Read more: RideCell expands funding round to $60 million
Write comment (95 Comments)Atolla, a skin care startup that got its roots at MIT, is launching a Kickstarter campaign to help people achieve their skin goals. Atolla uses machine learning to identify skin health issues and then recommend the right skin care products based on what affects your skin.
Atolla comes as a monthly subscription, with the idea being that you test
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Read more: Atolla uses machine learning to address your skin care needs
Write comment (100 Comments)WeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at $42 billion minimum.
In August,
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Read more: WeWork picks up ANOTHER $3B from SoftBank
Write comment (96 Comments)Retail tech SaaS platform Mercaux has closed a £3.5 million (~$4.5M) Series A funding round led by European VC fund Nauta Capital.
The 2013 founded London-based startup sells software for retailers to tap into digital capabilities in their physical retail stores — offering a modular platform that’s intended to support digital transformations at a
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Read more: Mercaux bags $4.5M to help bricks-and-mortar retail tool up to sell more
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