News

Every Company Closes $175 Million Series C

SAN FRANCISCO — The EVERY Company (formerly Clara Foods), developer of animal-free protein, has closed $175 million in Series C financing. The round was co-led by new investor, McWin, and existing investor, Rage Capital. Other new and existing investors joined the round including Temasek, Grosvenor’s Wheatsheaf Group, and TO Ventures. Prosus Ventures also contributed to the […]

News Venture Capital

Simplified Secures $8.5 Million Seed Round

SAN FRANCISCO — Simplified, an AI-powered content creation, and marketing platform that’s looking to take on Canva, announced an $8.5 million seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital. The round also included investors Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (Corporate Vice President, Microsoft) Ankur Nagpal (Founder of Teachable, […]

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Denny’s Offers Free Delivery in Promo for Matrix Movie

Denny’s, a national chain of restaurants, has formed a partnership with Warner Brothers’ blockbuster The Matrix franchise to offer free delivery now through December 19 on all digital orders placed through Dennys.com and its new Denny’s apps for iOS and Android. During this limited-time promotion, Denny’s Rewards members will be transported into a real-life version of The Matrix where they will experience personalized “glitches” that […]

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Intel to Take Mobileye Division Public in 2022

SANTA CLARA — With a booming market for technology stocks and IPOs, Intel plans to take its Mobileye division public in mid-2022 via an initial public offering (IPO) of newly issued Mobileye stock. The move will unlock the value of Mobileye for Intel shareholders by creating a separate publicly traded company and will build on […]

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eBay Awards $10,000 Grants to 50 Businesses

SAN JOSE — eBay Inc. has named 50 recipients of its second annual Up & Running Grant program, which was created to support small businesses with funding and business development resources. This year’s list of 50 US winners includes sellers from 25 states across motors, electronics, fashion, beauty, collectibles and more. Each will receive $10,000 to re-invest in […]

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Jack in the Box Snaps Up Del Taco

SAN DIEGO & LAKE FOREST, CA — Two California fast-food chains are merging. Jack in the Box has agreed to buy Del Taco Restaurants, the nation’s second largest Mexican fast-food chain by number of restaurants, for $12.51 per share in cash in a deal valued at $575 million, including existing debt. Del Taco stock was […]