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Startups at CES showed how tech can help elderly people and their caregivers Jan 18, 2021

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The COVID-19 pandemic shined a harsh spotlight on the challenges many elderly people face. Older adults are among the highest-risk groups for developing cases that need hospitalization and nursing homes were especially vulnerable to outbreaks. While dealing with COVID-19, the elderly have also faced many other problems, including the difficulty of accessing medical care for […]

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GitLab raises $195M in secondary funding on $6B valuation Jan 18, 2021

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GitLab has confirmed with TechCrunch that it raised a $195 million secondary round on a $6 billion valuation. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in under 18 […]

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Medium acquires social book reading app Glose Jan 15, 2021

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Medium is acquiring Paris-based startup Glose for an undisclosed amount. Glose has been building an iOS, Android and web app that lets you buy, download and read books on your devices. The company has turned reading into a multiplayer experience as you can build a bookshelf, share notes with your followers and start conversations in […]

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X1 Card raises $12 million for its credit card with limits based on your income Jan 15, 2021

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X1 Card is raising a $12 million funding round. The company is building a credit card that sets limits based on your current and future income, not your credit score. Spark Capital is leading the round with Jared Leto, Aaron Levie, Jeremy Stoppelman, Max Levchin and Ali Rowghani also participating. American Express veteran Ash Gupta […]

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Gemini is launching a credit card with bitcoin rewards Jan 14, 2021

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Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product today based on Blockrize’s work. Later this year, the company is launching a credit card that works like a regular credit card — but you earn bitcoin rewards based on your purchases. The credit card will work on the Visa network and will […]

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Iziwork raises $43 million for its temporary work platform Jan 14, 2021

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French startup Iziwork has raised a $43 million funding round. Cathay Innovation and Bpifrance’s Large Venture fund are participating in this funding round. The company has been building a platform focused on improving temporary employment. While it’s a relatively large funding round, the startup is quite young. It was founded in September 2018 and it […]

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Equal access to capital and entrepreneurship is the final civil rights movement Jan 13, 2021

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Joseph Heller Contributor Joseph Heller is a small businesses expert and the CEO of Supplied, a wholesale platform for small businesses and brands that makes it easier for boutique owners to access high-quality, affordable items. Context is always important. In the grand scheme of things, I have privilege: I was born a male, in the […]

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Cockroach Labs scores $160M Series E on $2B valuation Jan 13, 2021

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Cockroach Labs, makers of CockroachDB, have been on a fundraising roll for the last couple of years. Today the company announced a $160 million Series E on a fat $2 billion valuation. The round comes just eight months after the startup raised an $86.6 million Series D. The latest investment was led by Altimeter Capital […]

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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital Jan 12, 2021

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Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. Along with earlier funding, it brings the total Zipmex has raised so far to […]

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Revolut applies for UK banking license Jan 12, 2021

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It’s hard to believe that fintech startup Revolut doesn’t have a proper banking license in its home country. But this is about to change as the company has applied for a banking license in the U.K. Up next, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) are going to look at the […]

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