New York State officials struck a deal with Gov. Andrew Cuomo to allow recreational use of cannabis. The move would create the largest legal cannabis market on the East Coast, […]
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Back to news homeThe Robinhood competitor landscape intensifies as Invstr raises $20M
One of the biggest gripes about investing apps is that they are not acting responsibly by not educating users properly and allegedly letting them fend for themselves. This can result […]
Compass files S-1, reveals $3.7B in revenue on net loss of $270M
Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, filed its S-1 Monday. The move comes just under one year after the New York-based company laid […]
A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy
This week, flexible workspace operator (and one-time unicorn) Knotel announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark […]
Berlin’s Remagine secures $24M to finance high-growth and impact-led startups
Remagine, a financing platform offering banking services to high-growth companies with an ‘impact’ twist, has raised €20 million ($24M) in a Seed funding round. The Berlin-based startup has been operating […]
New York licenses GMO Internet to issue the first JPY-pegged stablecoin
The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that […]
PepsiCo signs on to sponsor new founder-in-residence program from M13
The budding venture studio being built inside M13 has signed PepsiCo as its first new corporate partner. Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from […]
Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund
When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the […]
Researchers say hardcoded passwords in GE medical imaging devices could put patient data at risk
Dozens of medical imaging devices built by General Electric are secured with hardcoded default passwords that can’t be easily changed, but could be exploited to access sensitive patient scans, according […]
Recycling robotics company AMP Robotics could raise up to $70M
AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, […]