Volvo inks battery supply agreements with LG Chem and CATL for Polestar and its upcoming EVs

Just three months after unveiling its first all-electric vehicle design, Polestar, the joint venture between European automaker Volvo and China’s Geely car manufacturer has inked battery supply agreements with CATL and LG Chem. The deals are part of multi-billion dollar agreements signed by Volvo Car Group, the company said. Polestar unveils its all-electric response to […]

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Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital. The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from as […]

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A brief history of Uber’s bumpy road to an IPO

It’s been nine years since UberCab made its first appearance on the WordPress pages of this website. In the ensuing years, the startup has grown from an upstart looking to upend the taxi cab cartels, to a juggernaut that has its hands in every form of transportation and logistics service it can think of. In […]

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As measles returns, Indiegogo joins other tech platforms in banning Anti-Vaccine campaigns

The last year has been the worst on record in the US for measles outbreaks since the disease was declared ‘eradicated’ in 2000. Even though vaccination rates across the country are still high, (according to the CDC) there remains some communities where disinformation campaigns which claim that ‘vaccines are dangerous’ (often called ‘anti-vaxx’ campaigns) have […]

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Startups Weekly: All these startups are raising big rounds

In this week’s newsletter: Uber, Slack and the evolving Series A.

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Why your CSO, not your CMO, should pitch your security startup

Whenever a security startup lands on my desk, I have one question: Who’s the chief security officer (CSO) and when can I get time with them? Having a chief security officer is as relevant today as a chief marketing officer (CMO) or chief re boss. Just as you need to make sure your offering looks […]

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Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with […]

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Ride-hailing firm Grab is losing its CTO

Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this summer. Vassilakis became Grab CTO in October 2017, ending a very long search to fill the job, but he explained in a […]

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany, and Taiwan, is hoping to line up the new capital […]

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Sequoia reveals first cohort for its ‘Surge’ accelerator program in India and Southeast Asia

Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm announced its first cohort of 17 startups. To recap, the program — which is called Surge — gives each startup a $1.5 million check and participation in a four-month program that’s split […]

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