Giving brewers tech to make beer from any plant material, Province Brands raises $1.6M

There’s a potential climate-related crisis brewing in the beer industry and Province Brands has just raised $1.6 million for its technology that purports to be a solution.

The Canadian company, which has developed a way to make beer from any plant material, is pitching itself as a solution to the increasing shortages of barley and other grains

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The COVID-19 pandemic has spun up a storm of layoffs across all industries in action to a decrease in sales and consumerism. In the tech world, layoffs have actually impacted 24,000 people throughout all markets, according to one tracker.As business of all sizes scramble to stay afloat and extend their runway, one business believes that sabbaticals might be

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With a lot of towns instituting shelter-in-place orders to restrict how people physically interact in order to slow down the spread of the novel coronavirus, fitness has come into its own.

In places where people are still allowed outdoors to exercise, we’ve seen an explosion of independent exercising like walking, running and cycling — often in con

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Amperon raises $2 million for its predictive software for energy grids

Energy demand has fallen globally. Oil prices are plummeting. Everywhere in the energy world things look fairly grim, but keeping the lights on and electrons moving remains critical to keeping even the hobbled economies of the world humming.

That’s why startups like Amperon, which use data analysis to provide predictive tools for energy retailers

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Lucidchart raises $52M Series D, passes $100M ARR

Continuing our coverage of Utah-based startups, this morning we have our second big round of the year from the state. Lucid Software, best known as the parent company of Lucidchart, announced today that it has raised a $52 million Series D.

All that’s interesting enough, but more fun is that the company’s new revenue milestone. Lucid told Tec

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The student loan crisis has crescendoed to likewise worse heights. As universities shut down throughout the nation due to the break out of COVID-19 along with employment possibilities lower with the swiftly slowing down economic climate, today's trainees and also post-grads requirement better gadgets than ever to browse their finances.Unfortunately, student auto loan in the United States

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Bridgecrew announces $14M Series A to automate cloud security

In today’s grim economic climate, companies are looking for ways to automate wherever they can. Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed at engineers, announced a $14 million Series A today.

Battery Ventures led the round with participation from NFX, the company’s $4 million seed investor. Sorensen V

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Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S.

Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan.

Rokid is among a wave of Chinese companies creating technology to address the coronavirus

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North Carolina-based The Climate Service raises $3.8 million for climate audits

With corporations across the world taking a closer look at the effects their operations have on global climate change, investors are backing a crop of software and services that are cropping up to pull back the curtain on those climate impacts.

The latest of these to raise capital is The Climate Service, which just closed on $3.82 million in its

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The economy may be contracting as a result of the COVID-19 pandemic, but promising startups are still continuing to raise money to shore up their finances for whatever may lie ahead.

In the latest development, Stripe, a well-known payments unicorn, today announced that it had raised another $600 million in new capital, money that it plans to use to

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Sprout.ai raises $2.5M to speed up insurance claims

Sprout.ai, an insurtech incubated at London’s Imperial College that is applying AI to insurance claims,, has raised $2.5 million in additional seed funding. Leading the round is Amadeus Capital Partners, with participation from Playfair Capital, and Techstars.

Founded in 2018, Sprout.ai has developed AI-based software that it says enables insurance

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Expensify CEO shares high-level keys for keeping costs low and managing expenses

As we find ourselves tumbling toward a global financial crisis, every business is taking a second and third look at expenses going out the door to make sure they really, truly need them. Based

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As COVID-19 pummels global economy, 8 new companies join the $100M ARR club

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

This morning we’re adding a number of companies to the $100 million ARR club, a collection of private companies that have reached material scale. Over time, this series has gone from noting that a few private companies have managed

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Food delivery-- be it prefabricated restaurant meals, grocery stores, or anything in between-- has seen a substantial rise of activity in the last few weeks as people have protected in area to reduce the spread of the novel coronavirus. Today, one of the startups that's constructed an organisation particularly in meal-kits in the UK is announcing moneying to double down

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Truphone, a UK-based startup that provides voice and data solutions for phones, tablet computers and IoT hardware using eSIM software application integrated straight into the devices, has increased an additional round of moneying to proceed increasing its company. The business, which informed TechCrunch today that it counts Apple as a vital partner, has actually elevated an additional ₤ 30 million,

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Investors explain COVID-19impact on consumer startups

Home fitness and games as gathering places are a few of the startup verticals propelled by unprecedented shifts in behavior due to shelter-in-place orders. We surveyed the top investors in consumer and social apps to learn about 2020’s startup trends, the M-A climate, the threat of incumbents copying new entrants, underserved demographics and w

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Adriel brings automation to small business advertising

Adriel is a South Korean startup bringing automated ad tools to small businesses — and in recent months, it’s been expanding into the United States and the United Kingdom.

This might seem like exactly the wrong time to be growing an ad-buying platform, since we’re at the beginning of what’s likely to be a tremendous pullback in ad spend due to the C

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VC activity goes upside down as seed deals fall and mega-rounds rise

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Earlier today, PwC and CB Insights dropped a sheaf of data concerning the global and domestic Q1 venture capital market, something we’ll be yanking data points from here and there for a few days. What matters is that our continuing

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Anodot grabs $35M Series C to help monitor business operations

Anodot, a startup that helps customers monitor business operations against a set of KPIs, announced a $35 million Series C investment today.

Intel Capital led this round with a lot of help. New investors SoftBank Ventures Asia, Samsung NEXT and La Maison also participated along with existing investors Disruptive Technologies L.P., Aleph Venture

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Rocket Lab inks deal to carry Japanese startup Synspectivefirst satellite into orbit

The well-funded Japanese space startup Synspective has tapped launch provider Rocket Lab to take its first Earth observation satellite to orbit. Launch is planned for late 2020, and the company’s StriXα craft will be the sole payload.

Synspective was founded in 2018 and by mid-2019 had raised about $100 million, making it one of the most

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Venture capitalists chat edtechnew normal after COVID-19

There’s no doubt that the coronavirus has had a monumental impact on the way we view technology’s relationship with education. For now, students are learning from home. But what happens when they return to school?

Picking up where we left off in last week’s survey, we asked top investors in the space for their predictions on what is ahead once life

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Everee raises a $10M Series A to scale its worker-friendly payroll software service

This morning Everee, a Utah-based software as a service (SaaS) startup focused on payroll, announced that it has closed a $10 million Series A. The funding event was led by Origin Ventures and Signal Peak Ventures. Previously, Everee had raised a $3.7 million Seed round in mid-2019.

The company is therefore as well capitalized as it has been in its

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Labster, a digital clinical laboratory edtech company, today exposed that it is partnering with The gold state's area university network to bring its software application to 2.1 million students.California Neighborhood Colleges firmly insists to be the very best system of college in the country. The Labster collaboration will definitely use 115 universities with 130 online research study lab

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Electrical worker safety startup launches a COVID-19 workplace distance and contact tracker

A startup that created a dedicated gadget to help ensure the safety of electrical industry workers has turned their talents to addressing the need for similar workplace protections in the face of another threat: COVID-19. Vancouver-based Proxxi is launching Halo, a wrist-worn wearable device that can provide a vibration notification to alert

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VAST Data lands $100M Series C on $1.2B valuation to turn storage on its head

VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today on a $1.2 billion valuation, both unusually big numbers for an enterprise startup in Series C territory.

Next47, the investment arm of Siemens, led the round with participation from existing investors

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Join a Live Q A with Bradley Tusk tomorrow at 1pm ET/10am PT

Bradley Tusk is relatively unique among investors. Where other VCs shy away from heavily regulated industries and businesses, Tusk leans in.

The Tusk Ventures founder and CEO has investments that include Uber, Bird, Coinbase, Lemonade, FanDuel and Alma Health.

At a time when good governance is front and center, and innovative thinking to evolve the

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Stackery releases slew of updates to simplify serverless app deployment

Stackery, a 4-year old Portland startup, wants to help development teams deliver serverless resources on AWS more easily, and today it announced several enhancements to the platform.

With serverless applications, the development team outlines a set of trigger events and the cloud infrastructure vendor — in this case AWS — provides the exact amount o

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Mammoth Biosciences receives first peer-reviewed validation of CRISPR-based COVID-19 test

SF-based CRISPR diagnostics startup Mammoth Biosciences has published the first peer-reviewed study that shows validation of using its testing method to detect the presence of COVID-19 in patients. The study, published in Nature, shows performance on par with existing PCR-based molecular tests, the ones currently authorized for use by the FDA to

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Could avatars that reveal what co-workers depend on save work-from-home teams from constant diversion and isolation? That's the idea behind Pragli, the Bitmoji for the business. It's a virtual office app that makes you really seem like you're in the same building.Pragli utilizes avatars to indicate whether colleagues are at their desk, away, in a.

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Filipino live streaming app Kumu raises $5 million Series A led by Openspace Ventures

Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations.

The round was led by Openspace Ventures, an early investor in Go-Jek, with participation from Kickstart Ventures, media conglomerate ABS-CBN, Gobi-Core

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