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Two weeks left to score early bird savings at TC Sessions: Space 2020

NASA just made history by landing a spacecraft on an asteroid. If that kind of technical achievement carbonates your glass of Tang, join us on December 16-17 for TC Sessions: Space 2020, an event dedicated to early-stage space startups. We‘ve launched early-bird pricing, and 125 buys you access to all live sessions, plus video on []

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Developer productivity tools startup Raycast raises 2.7M from Accel

Workplace SaaS tools for teams have seen rocket ship growth in the past several years, and that adoption has given rise to a host of software tools geared towards improving individual productivity. Many of these tools see building a cult following among indisvidual users as the best way to set themselves up for later enterprise-wide []

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India‘s WareIQ raises 1.65M for its Amazon-like delivery platform for sellers

Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars in India, offline retail still commands more than 95% of all sales in the world‘s second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the country, and in recent quarters scrambled for ways []

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Donut launches Watercooler, an easy way to socialize online with coworkers

If you miss hanging out with your coworkers but don‘t want to spend a single second more on Zoom, the latest product fromDonut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised 12 million in total funding, led by Accel and with participation from []

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One-click housing startup Atmos raises another 4M from Khosla, real estate strategics, and TikTok star Josh Richards

Atmos wants to make designing a house as simple as a single click. Well, that vision is now getting a double click from VCs. The company, which we profiled back in July, announced today that it raised another 4 million, this time from Evan Moore at Khosla Ventures, real estate strategic investors like David Gerster []

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The Wanderlust Group raises 14.2M to double-down on getting folks outdoors

The Wanderlust Group, a Rhode Island-based startup focused on building software for the boating world, announced that it has closed a 14.2 million Series B round of capital this week. The new funds were provided by Allen Company, Drubner Equities and Avenir Corporation, a collection of family office capital and management groups. Wanderlust had []

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Meet the 11 startups graduating from the Entrepreneurs Roundtable Accelerator

Disruption favors the small startup, and the pandemic has most certainly been disruptive. So it‘s no surprise that accelerators and incubators are pumping out new startups who are ready to tackle the problems of 2020. One such accelerator is the Entrepreneurs Roundtable Accelerator, which is graduating 11 new startups out of the program today with []

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Goodcover, the YC-backed insurance startup, raises 7.5 million in Series A

YC-backed Goodcover, the insurtech startup that looks to pass unused premiums back to the policyholder, is today announcing the close of a 7.5 million Series A funding round. The funding was led by Goodwater Capital, with participation from Fuel Capital, Broadhaven Ventures, Global Founders Capital, Liquid 2 and TransRe. Goodcover launched out of Y Combinator []

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SiFive‘s new PC is bringing open-source computing closer to reality

One of the most interesting projects to watch these days in tech is RISC-V. The non-profit organization and wider community is building an open-source and standardized instruction set architecture (ISA) that allows chip creators to design their own chips unencumbered by licensing and patents typical of other ecosystems, such as those of Arm. Building an []

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Spotify CEO says company will ‘further expand price increases‘

Spotify is planning further price increases, according to comments made by co-founder and CEO Daniel Ek during the company‘s third quarter earnings on Thursday. The streaming service had added 6 million subscribers in Q3 to achieve a total 144 million paying customers across 320 million active users, but fell short on both sales and earnings, []

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Intel acquires SigOpt, a specialist in modeling optimization, to boost its AI business

Intel has been doubling down on building chips and related architecture for the next generation of computing, and today it announced an acquisition that will bolster its expertise and work specifically in one area of future technology: artificial intelligence. The semiconductor giant today announced that it has acquired SigOpt, a startup out of San Francisco []

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Spotify hits 320 million monthly active users

In its latest quarterly financial report, Spotify announced that it had crossed 320 million active monthly users. That marks a 29% growth for the quarter, coming on the heels of what seems to be a rather successful launch into the Russian market. Of that number, it now counts 144 million paid users - a 27% []

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VCs poured capital into European startups in Q3, but early-stage dealmaking appeared to suffer

The global recovery in venture capital activity did not miss Europe, new data indicates. According to a PitchBook report, European venture capital activity rose in Q3 2020, putting the continent on pace to set a new yearly record for aggregate VC activity (as measured in Euros). The Exchange explores startups, markets and money. Read it []

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Nutrium app, which links dietitians and patients, raises 4.9M led by Indico Capital

Nutrium, a digital health startup which links dietitians and their patients via an app, has raised a 4.25 million Seed round led by Indico Capital Partners, alongside the the Social Innovation Fund in Portugal (SIF) and previous investors. It now offers professional nutrition software to 80,000 nutrition professionals and 800,000 patients in more than 40 []

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Supersonic aircraft startup Hermeus raises 16 million Series A

Hermeus, a company seeking to build a Mach 5 aircraft that would be capable of making the trip from New York to London in just 90 minutes has raised a 16 million Series A round, led by Canaan Partners and including contributions from existing investors Khosla Ventures, Bling Capital, and the Rise of the Rest []

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More chip industry action as Marvell is acquiring Inphi for 10B

It‘s been quite a time for chip industry consolidation, and today Marvell joined the acquisition parade when it announced it is acquiring Inphi in a combination of stock and cash valued at approximately 10 billion, according to the company. Marvell CEO Matt Murphy believes that by adding Inphi, a chip maker that helps connect internal []

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Wise raises another 12 million to double down on embedded business banking

Fintech startup Wise has raised a 12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can offer bank accounts to their own customers. For instance, if you‘re running a marketplace or an e-commerce platform that matches companies with individual customers, []

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CoreCare raises 3 million for managing billing and payments from public health benefit providers

CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised 3 million in a seed financing round. The company, which uses machine learning, automates large swaths of billing and revenue cycle management to reduce the burden on hospitals, according to chief executive, Dennis Antonelos. Already, companies like []

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Walmart‘s new test stores will experiment with AR, mobile, revamped checkout and more

Walmart over the years has been working to turn its physical retail stores into online fulfillment centers, and now, with its latest set of test stores announced today, the retailer will try out ideas to make that transition more seamless. Walmart says it will deploy personnel to four test stores across the U.S., where they‘ll []

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Redpoint and Sequoia are backing a startup to copy edit your shit code

Code is the lifeblood of the modern world, yet the tooling for some programming environments can be remarkably spartan. While developers have long had access to graphical programming environments (IDEs) and performance profilers and debuggers, advanced products to analyze and improve lines of code have been harder to find. These days, the most typical tool []

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Honeywell announces its H1 quantum computer with 10 qubits

Honeywell, which was a bit of a surprise entrant into the quantum computing space when it announced its efforts to build the world‘s most powerful quantum computer earlier this year, today announced its newest system: the Model H1. The H1 uses trapped-ion technology and features 10 fully connected qubits that allow it to reach a []

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Europe to limit how big tech can push its own services and use third party data

European lawmakers are taking aim at big tech‘s ability to push its own services in search results at the expense of rivals, with Commission EVP Margrethe Vestager confirming today that a legislative proposal due in a few weeks will aim to ban what she called unfair self-preferencing. The concern is that so-called gatekeeper platforms have []

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Twitter‘s API access changes are chasing away third-party developers

For a civil society with healthy online discourse, journalists, academics and human rights workers need tools to fact check the platform‘s announcements and policies.

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Shopify stock is up in pre-market trading as earnings blow past estimates

Shopify stock jumped nearly 3% in pre-market trading today after announcing earnings that handily beat the estimates set by Wall Street. The Ottawa-based provider of e-commerce services for retailers reported earnings of 133.2 million, or 1.13 per-share, for the third quarter after posting a loss of 33.6 million, or 29 cents per-share, in the same []

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