Venture Capital

FastAF Delivers Series A Investment

SAN FRANCISCO — FastAF Technologies, Inc. (FastAF), which helps retailers deliver products directly to customers, has closed a Series A investment round that values the company at $200 million. Investors in this round include Luxor Capital, Interlace Ventures, EQT Ventures, PivotNorth Capital, Daversa Partners, former Benchmark venture partner and current Adobe CPO Scott Belskey, founder […]

Venture Capital

TrueNorth Locates $50 Million Series B Round

SAN FRANCISCO — TrueNorth, a Y Combinator graduate that operates a business platform for independent truckers, has secured $50 million in a Series B funding round led by early-stage investors Lachy Groom and Sam, Max, and Jack Altman. Other investors include the Flexport Fund, Tribe Capital, Original Capital, K5 Global, 137 Ventures, and Fifth Down Capital, among […]

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, […]

News

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 […]

News

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 […]

Apple

Apple Orders New Series With Cate Blanchett, Kevin Kline

Apple’s streaming service Apple TV+ has ordered “Disclaimer,” a new original series from Academy Award and Golden Globe winning director Alfonso Cuarón (Golden Lion Award-winning “Roma,” “Gravity,” “Children of Men”) through his production company Esperanto Filmoj. Apple has been busy this year bulking up Apple TV+ with exclusive movies and shows to compete with other […]

News

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 […]

Venture Capital

Dispatch Goods Completes $3.7 Million Seed Funding

SAN FRANCISCO – Dispatch Goods, a reusable packaging logistics startup that enables restaurants and delivery companies the ability to offer reusable, sustainable packaging, has completed a $3.7 million seed raise. The round was led by Congruent Ventures along with Bread and Butter Ventures, Precursor Ventures, Incite Ventures, MCJ, and Berkeley SkyDeck. Dispatch Goods says it successfully […]