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Harry Stebbings is leaving Stride, the VC firm he founded with Fred Destin Feb 08, 2021

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Harry Stebbings, the podcaster-turned-VC, is stepping down as a partner of Stride, the London-based venture capital firm he co-founded with Fred Destin, formerly of Accel. In a series of tweets, Destin said that Stebbings won’t be involved in Stride’s second fund (though he’ll remain a partner in fund one), and will instead be focusing on […]

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Lightspeed and Max Levchin bet on Balance to bring B2B payments into the digital world Feb 08, 2021

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Consumer payments is by no means a solved problem (I’ll trigger one hundred blockchain people if I say otherwise), but it sure as heck a pretty improved one. Checkout is a breeze with modern tools ranging from Stripe and PayPal to Fast and Rapyd to Apple and Google Pay. If you happen to need financing, […]

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Health tech startup Bold raises $7 million in seed funding for senior-focused fitness programs Feb 05, 2021

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Virtual health and wellness platforms have grown increasingly popular throughout the pandemic, but a new startup wants to focus that effort exclusively on senior citizens. Bold, a digital health and wellness service, plans to prevent chronic health problems in older adults through free and personalized exercise programs. Co-founded by Amanda Rees and her partner Hari […]

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HubSpot acquires media startup The Hustle Feb 05, 2021

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Marketing software company HubSpot is acquiring The Hustle, the business and tech media startup behind the popular newsletter of the same name Axios broke the news of the deal and reported that it values the startup at around $27 million. HubSpot declined to comment on the deal price, and while tweeting about the acquisition, The […]

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Cajoo promises grocery deliveries in 15 minutes Feb 04, 2021

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Meet Cajoo, a new French startup that has raised a $7.3 million (€6 million) funding round. The company wants to make it easier to order groceries from your phone and receive them 15 minutes later. It is launching in Paris today. “I left Bolt around mid-August and I’m launching a company with two co-founders focused […]

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Beam raises $9.5 million to build a web browser that collects ideas Feb 04, 2021

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Beam has raised a $9.5 million Series A round. The company is working on a new web browser that completely rethinks the way you start a web session and browse the web. The startup is founded by Dom Leca and Sébastien Métrot. Dom Leca previously worked on Sparrow, an email app with an opinionated design. […]

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Commuting platform startup Hip lands $12 million to help companies bring employees back to the office Feb 03, 2021

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Nearly a year ago, the spread of COVID-19 ended the daily commute for millions of Americans, an abrupt change that sent the ridesharing industry into a free fall. Hip, which connected commuters with third-party bus and shuttle operators via an app, was just one of the many mobility-as-a-service startups that watched its clientele and revenue […]

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Alloy raises $4M to build out its e-commerce automation service Feb 03, 2021

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Alloy Automation, a startup that was part of the Y Combinator Winter 2020 cohort, announced today that it has closed $5 million across two rounds, the most recent of which brought $4 million to the company in October of 2020. The new funds were raised at a $16 million pre-money, $20 million post-money valuation, Alloy […]

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Robinhood’s long weekend brings a total of $3.4 billion to its balance sheet Feb 02, 2021

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Popular, highly-scrutinized trading app Robinhood has raised $2.4 billion to its balance sheet from shareholders, as first reported by the Wall Street Journal and then confirmed by the company. The private startup raised $1 billion on Friday, meaning that it has raised $3.4 billion in a handful of days as it seeks to support a […]

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Databricks raises $1B at $28B valuation as it reaches $425M ARR Feb 02, 2021

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Another hour, another billion-dollar round. That’s how February is kicking off. This time it’s Databricks, which just raised $1 billion Series G at a whopping $28 billion post-money valuation. Databricks is a data-and-AI focused company that interacts with corporate information stored in the public cloud. News of the new round began leaking last week. Franklin […]

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