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Perdoo adds free tier to its OKR service, adding a fresh wrinkle to an accelerating market Jan 30, 2020

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Perdoo, a Berlin-based OKR-focused software startup, has decided to make its basic service free, potentially shaking up its growing, and somewhat crowded, market. “Objectives and Key Results,” a planning and management technique usually shortened to “OKRs,” is a hot space for software startups, with several raising in recent months. WorkBoard and Gtmhub, for example, each raised capital for their OKR products in the last two months.

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Teller raises $4M to take on Plaid in the U.S. by providing API access to bank accounts Jan 29, 2020

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Teller raises $4M to take on Plaid in the U.S. by providing API access to bank accounts “They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up to be.

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Cooks Venture raises $4 million from Golden West Food Group to ramp up distribution Jan 29, 2020

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Cooks Venture, the agtech company looking to revolutionize the chicken industry, has today announced the close of a $4 million funding round led by Golden West Food Group. Cooks Venture has been working in stealth for many years, but launched onto the scene in 2018 with a plan to reshape agriculture from the ground up. And the key to that strategy? Chickens.

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N26 reaches 5 million customers including 250,000 in the US Jan 28, 2020

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Challenger bank N26 has reached 5 million customers. In 2019 alone, N26 managed to add over 2.5 million customers. And the company’s growth rate seems to be accelerating as N26 reached 3.5 million customers in June 2019. That represents an addition of 1 million customers during the first half of 2019 and an addition of 1.5 million customers during the second half of 2019. One reason why N26 is growing at a faster pace is that the company is still expanding to new market.

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Bird confirms acquisition of Berlin scooter competitor Circ Jan 28, 2020

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If you didn’t see this coming, then clearly you didn’t have your eyes on the road. Bird, the LA-founded e-scooter giant, has confirmed that it is acquiring European competitor Circ, the micromobilty company founded by Lukasz Gadowski of Delivery Hero fame. The deal, for which terms remain undisclosed, was first reported by the FT late last week.

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Memphis Meats raised $161 million from SoftBank Group, Norwest and Temasek Jan 27, 2020

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Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore. The investment brings the company’s total financing to $180 million.

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Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio Jan 24, 2020

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Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other reductions have recently been announced, they indicate that a rolling round of belt-tightening amongst well-funded private companies continues. Mozilla, for example, cut 70 staffers earlier this year.

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Substack builds multi-author support into its hybrid publishing, newsletter service Jan 23, 2020

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Substack announced today that it has built support for multiple authors into its service. The company provides a publishing tool that blends blogs and email newsletters into a single entity, with a focus on subscription monetization. The day’s updates also include a number of publisher-friendly tools, like shared access and homepage features closer to those of traditional websites than the linear timeline style that Substack has focused on so far.

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Corporate relocation startup Shyft raises $15M Jan 22, 2020

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Shyft is announcing that it has raised $15 million in Series A funding to make the moving process less painful — specifically in the situations where your employer is paying for the move. There other startups are looking to offer concierge-type services for regular moving — I used a service called Moved last year and liked it.

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Baraja’s unique and ingenious take on lidar shines in a crowded industry Jan 21, 2020

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It seems like every company making lidar has a new and clever approach, but Baraja takes the cake. Its method is not only elegant and powerful, but fundamentally avoids many issues that nag other lidar technologies. But it’ll need more than smart tech to make headway in this complex and evolving industry. To understand how lidar works in general, consult my handy introduction to the topic.

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