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HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund

sudshr47 March 14, 2019

Sources confirm Accel has nabbed $2.5 billion — its largest pool of capital yet — for three new funds.

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Failed meal-kit service Munchery owes $6M to gift card holders, vendors

sudshr47 March 4, 2019 Startups

Several weeks after a sudden shutdown that left vendors and customers in the lurch, Munchery has filed for Chapter 11 Bankruptcy protection.

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The shift to collaborative robots means the rise of robotics as a service

sudshr47 March 3, 2019

The 2018 Holiday shopping season was the biggest on record for e-commerce, with nearly $126 billion in online sales. But as e-commerce continues to expand, the demand for warehouse workers is growing faster than the labor supply and creating an increased need for automation. Given its dominance in e-commerce and the massive scale of its business, there’s no surprise […]

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GoTrendier raises $3.5 million to take on Spanish-language fashion marketplaces

sudshr47 February 15, 2019 Startups

Thanks to environmentally conscious young buyers, throwaway culture is dying not only in the U.S., but also in Latin America — and startups are poised to jump in with services to help people recycle used clothing. GoTrendier, a peer-to-peer fashion marketplace operative in Mexico and Colombia, has raised $3.5 million USD to do just that. […]

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Healthcare wearables level up with new moves from Apple and Alphabet

sudshr47 February 4, 2019

Announcements that Apple has partnered with Aetna health insurance on a new app leveraging data from its Apple Watch and reports that Verily — one of the health-focused subsidiaries of Google‘s parent company — Alphabet, is developing a shoe that can detect weight and movement, indicate increasing momentum around using data from wearables for clinical health applications and […]

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Former Munchery employees sue company, blame CEO for shutdown

sudshr47 January 28, 2019 Startups

A former Munchery employee is demanding wages in a new lawsuit and more former employees speak out.

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After an abrupt shutdown, Munchery’s small business vendors are the ones picking up the bill

sudshr47 January 24, 2019 Startups

Five small businesses are collateral damage after a well-funded startup failed to overcome the brutal economics of the central kitchen model.

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After raising $125M, Munchery fails to deliver

sudshr47 January 22, 2019 Startups

On-demand food delivery startup Munchery is shutting down, the startup announced in an e-mail to customers on Monday.

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On-demand workspace platform Breather taps new CEO

sudshr47 January 17, 2019 Startups

Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and President of direct-to-consumer mattress startup, Tomorrow Sleep. Prior to Tomorrow Sleep, Murphy held posts as an advisor to investment firms and as an executive at eBay after the […]

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Cap table management tool Carta valued at $800M with new funding

sudshr47 December 27, 2018 Startups

Carta, formerly known as eShares, has raised $80 million from Meritech and Tribe Capital.

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RightHand Robotics grabs $23 million in funding

sudshr47 December 17, 2018 Startups

RightHand Robotics announced a $23 million Series B this week. That brings the pick and place robotic arm manufacturer’s total funding up to around $34 million, including last year’s $8 million Series A. The robotics startup has impressed investors with the dexterity and speed of its robotic picking system, having recruited some big VC names […]

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Envoy raises $43 million to digitize your office

sudshr47 October 23, 2018

The office might not seem like an area in desperate need of disruption, but Envoy — a Silicon Valley company used to sign in over 100,000 visitors at offices across the world each day; and a TechCrunch SF office neighbor! — has raised $43 million to do just that. The company started life five years […]