Month: August 2021

Freshworks, a customer engagement software company with roots in both California in the United States and Tamil Nadu in India, is going public. Its S-1 filing paints the picture of a company scaling rapidly, with improving profitability as it matures. However, to understand the company’s numbers, we’ll have to peel away certain costs for a
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More than 15 years ago, the Philadelphia Stock Exchange, which was acquired by Nasdaq in 2008, and another since-sold exchange called HedgeStreet, both announced they intended to offer something called event contracts to investors. The idea was to allow people to bet “yes” or “no” on questions about future events that were structured as all-or-nothing
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Doctor Anywhere, a startup that takes an “omnichannel” approach to healthcare, announced today it has raised $88 million SGD (about $65.7 million USD) in Series C funding. The round was led by Asia Partners, with participation from Novo Holdings, Philips and OSK-SBI Partners. It also included returning investors EDBI, Square Peg, IHH Healthcare, Kamet Capital
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German startup Dance is launching its subscription service in its hometown Berlin. For a flat monthly fee of €79 (around $93 at today’s exchange rate), users will get a custom-designed electric bike as well as access to an on-demand repair and maintenance service. Founded by the former founders of SoundCloud and Jimdo, the company managed
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Ricardo Sangion Contributor Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 billion in just the first half of 2021,
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Welcome back to IPO season. No, we won’t call it hot liquidity summer, but after an August lull, the public-offering cycle is back upon us. Last week we saw filings from Warby Parker, Toast and Freshworks. We’ve dug into Warby already. This week, we’re tackling the details of the latter two debuts, starting with Toast.
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Popular instant messaging app Telegram has joined the elite club of apps that have been downloaded over 1 billion times globally, according to Sensor Tower. The Dubai-headquartered app, which was launched in late 2013, surpassed the milestone on Friday, the mobile insight firm told TechCrunch. As is the case with the app’s chief rival, WhatsApp,
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One of the consequences of rising CO2 levels in our atmosphere is that levels also rise proportionately in the ocean, harming wildlife and changing ecosystems. Heimdal is a startup working to pull that CO2 back out at scale using renewable energy and producing carbon-negative industrial materials, including limestone for making concrete, in the process, and
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The climate is finally hitting a climax. Decades of discussions and reports by scientists have yielded pathbreaking works by writers like Elizabeth Kolbert, and today, climate fiction and non-fiction are even becoming global bestselling works. Everyone wants to read about collapse, dystopia, the aftermath — it’s in the very air we breathe after all, what
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Books on climate change, as diverse as the library is, tend to fall into a couple of categories. There are the field guides and observational accounts that chronicle the destruction of our world and make it legible for readers worldwide. There are the policy and tech analyses that splay out options for the future, deliberating
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Bill Gates has solved many problems in his (professional) life, and in recent decades, he’s been dedicated to the plight of the world’s poor and particularly their health. Through his foundation work and charitable giving, he’s roamed the world solving problems from malaria and neglected tropical diseases to maternal health, always with an eye toward
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One of the most unfortunate fault lines in climate change politics today is the lack of cooperation between environmentalists and the national security community. Left-wing climate activists don’t exactly hang out with more right-leaning military strategists, the former often seeing the latter as destructive anti-ecological marauders, while the latter often assume the former are unrealistic
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Embedded fintech company Zeal secured $13 million in Series A funding to continue developing its platform for building individualized payroll products. Spark Capital led the Series A, with participation from Commerce Ventures and a group of individual investors, including Marqeta CEO Jason Gardner and CRO Omri Dahan, Robinhood founder Vlad Tenev, UltimateSoftware executives Mitch Dauerman
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