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Wellness-Tech Company Bellabeat Launches New Smart Wristband For Women
2021 Jan 15, 12:05pm | 630Read More...The global wellness industry was valued at $4.5 trillion in 2018, and one of the fastest-growing sectors within this industry is the wellness tech market. Many major tech companies like Apple and Samsung are already releasing wellness tech products, but there is still a lot of room for innovation...
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Qualcomm To Buy Startup Nuvia In $1.4B Deal: What Investors Need To Know
2021 Jan 13, 1:28pm | 330Read More...Chip and semiconductor manufacturer Qualcomm, Inc. (NASDAQ: QCOM), the second-largest chip and semiconductor manufacturer, announced Wednesday that they are planning on acquiring the chip startup Nuvia, founded by ex-Apple engineers, for $1.4 billion. Qualcomm plans to utilize Nuvia's...
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Digital Payment Startup Raises $43M
2021 Jan 12, 10:10am | 393Read More...Relay Payments, an electronic payment platform for logistics companies, has raised $43 million over the last six months as it seeks to digitize an industry that has long relied on checks and cash. Addition, a $1.3 billion fund that invests in early- and growth-stage companies, led the Series A...
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Walmart Enters The Fintech Space With Ribbit Capital
2021 Jan 11, 4:56pm | 301Read More...A new fintech startup is being created by Walmart Inc (NYSE: WMT) and Ribbit Capital. The venture will be majority-owned by Walmart. The Board of Directors for the new startup will include Walmart U.S. President John Furner, Walmart CFO Brett Briggs and Ribbit Capital Partner Meyer Malka. The board...
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Hyliion Hauls In $142 Million From Sale Of Stock Warrants
2021 Jan 11, 9:05am | 642Read More...Startup hybrid electric truck driveline maker Hyliion Holdings (NYSE: HYLN) is $142 million better off following the sale of shares converted from warrants issued by the blank check company (SPAC) that brought Hyliion public. Interestingly, Hyliion doesn't need the money to run the business. Its...
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Why Investing In Your Employees' Future Makes Good Financial Sense
2021 Jan 06, 1:37pm | 976Read More...In the face of COVID-19, the benefits of investing in your employees are even more pronounced than in the past -- companies need innovation and high productivity from their workers now more than ever, and workers need to know that you’ll have their backs well into the future. So, if you...
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From Peace Corps To Peace Pipes: Steve Sakala Shows CBD Companies How To Be Eco-Friendly
2021 Jan 06, 8:52am | 663Read More...There's zero excuse for consumer packaged goods companies to not be plastic negative, says Steve Sakala. Take his work in the cannabis industry. Like most industries, the world of weed has a major sustainability problem. It creates at least 150 million tons of waste annually, mainly due to...
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YouTube Star Scotty Sire And Collaborator Jay Boice Discuss New Startup Venture iCBD
2021 Jan 05, 4:17pm | 404Read More...As the stigma around cannabis finally fades, the number of celebrities and influencers willing to attach their name to the products is growing exponentially. And while some opt to endorse cannabis brands, others are launching businesses in their own right. Scotty Sire is an award-winning digital...
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As A New $900B Relief Bill Works Through Congress, What's In It For Small Businesses?
2020 Dec 23, 8:07am | 889Read More...After months of legislative litigation and partisan bickering, Congress seems to have finally passed a new $900 billion relief package aimed at cushioning the financial impact of the ongoing global COVID-19 pandemic. While the White House has lobbied criticism of the new package, the relief has...
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Startups Target Small Merchants On Amazon's Platform For Acquisition: FT
2020 Dec 22, 3:53am | 454Read More...A new trend is emerging in the investment space where startups raise capital to buy small e-commerce merchants, the Financial Times reports. What Happened: Startups like Thrasio, Heyday, Perch, SellerX, Boosted Commerce, Heroes, and Razor Group have raised roughly $1 billion in equity and...
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Klarna Could Follow Affirm Holdings In Delaying Anticipated 'Buy Now, Pay Later' Fintech IPO
2020 Dec 19, 7:25am | 1047Read More...Swedish fintech company Klarna could be the second "buy now, pay later" company to postpone an anticipated IPO following a delay last week by Affirm Holdings Inc. What Happened: CEO Sebastian Siemiatkowski publicly said in August that the company could go public in one or two years. But...
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Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla
2020 Dec 17, 8:38pm | 1972Read More...With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla's shares have been going up, beating every analyst’s...
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International Shipping Startup Raises $12M Series A
2020 Dec 17, 2:46pm | 477Read More...Passport, a technology startup that helps brands with all aspects of cross-border shipping, announced on Thursday it has raised $12 million in Series A funding. Leading the round was M13, with participation from Resolute Ventures, Precursor, Kleiner Perkins, RiverPark and Republic. In an...
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Nikola Seeks Cheap Power For Hydrogen Fueling Facilities In Arizona
2020 Dec 17, 7:23am | 521Read More...Electric vehicle maker Nikola Corporation (NASDAQ: NKLA) is exploring a cheaper source of power supply through an agreement with utility company Arizona Public Service Co, Bloomberg reports. What Happened: If the agreement falls in place, Nikola plans to produce cheap...
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Asana Rival ClickUp Hits $1B Valuation In Latest Funding Round: Bloomberg
2020 Dec 15, 7:01am | 433Read More...California-based software startup Clickup’s value has jumped by approximately five times since its previous funding round earlier this year, Bloomberg reports. The workplace productivity software company’s valuation touched $1 billion based on the latest $100 million...
