Startups

Personal loan startup Avant announced today that it would spin off its lending infrastructure tech business into a new platform, Amount. The business builds consumer lending products for major banks based on the technology backbone that Avant’s lending line has already built out. “Avant...

Detroit startup StockX, which has pioneered a stock market for sneakers and IPOs for consumer goods and charities, announced a $44-million Series B funding round Wednesday led by Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s Google Ventures and Battery Ventures.  Benzinga has covered...

Four metro Detroit tech and blockchain companies have formed the Detroit Blockchain Center, a nonprofit advocacy group and incubator. EOS Detroit, a community network infrastructure company, and KAZZALOGY, a web development company, will help launch and guide the group as its founding members...

Jack Wu is the co-founder and CEO of a robotic aerial security company: Nightingale Security. He grew up in a military family and, while other kids were watching cartoons, his dad had him watch military documentaries with him – because they only had one TV. “My passion for military...

Pagaya, a fintech startup that uses proprietary artificial intelligence to allow institutional investors to access new asset classes like consumer credit, raised a $14-million Series B round from venture capital fund Oak HC/FT and former American Express Company (NYSE: AXP) CEO Harvey Golub....

In a “State of Industry Panel” discussion at QuoVadis 2016, Jason Della Rocca, co-founder of Execution Labs, an early stage investor in game studios observed that “The barrier to entry is lower than ever, but the barrier to success is higher than ever before.” Many indie...

Even Financial, a fintech company that acts as a recommendation provider for personal finance websites, announced an $18.8 million Series A funding round on Tuesday. This brings the company’s total funding to $25 million since its launch in 2015. The Series A round was led by GreatPoint...

OpenInvest, a fintech startup that allows investors and advisors to create portfolios composed of companies that follow certain environmental, social and governance criteria, has raised $10.4 million from prominent Silicon Valley investors. What Happened The San Francisco-based company's Series...

The Detroit Economic Growth Corp. announced earlier this month its Motor City Match program will partner with Grow Detroit’s Young Talent to offer internships for eligible students. The program is specifically constructed to expose Detroit’s youth to opportunities in the business world...

How much should I risk? There is perhaps no five-word combination in the history of investing that has confounded investors as much as this one. Finding the answer to that question and others that surround it—like What is my risk tolerance? and When should I sell?—is partly how the...

Thousands of startups around the globe are working on disruptive solutions that make travel and mobility more efficient, frictionless, and interconnected. As our recent analysis on the state of Travel & Mobility Tech around the Globe has shown, the rate of innovation in this sector has grown...

Like Chronicle, Dandelion, Waymo and Verily before them, Wing and Loon have taken flight. Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) spun off the subsidiaries — the brainchildren of its X research division — into independent companies, according to a Wednesday CNBC report....

China is a powerhouse for startups, with hundreds of new companies created each year. But sifting through the field to find the next global "unicorn" is akin to searching for a needle in a haystack, according to Bloomberg. Here's a selection of some of the most notable China-...

In an office in Ann Arbor, Michigan, Maureen Miller Brosnan is working on a $224-million problem. The figure represents the difference between the estimated $627 million in funding that venture capitalists need to raise to support the growth of Michigan’s new and existing startups in the next...

Cerebri AI, a platform to evaluate consumer engagement, closed a Series A funding round Thursday.  What Happened  The $5-million funding round boosts Cerebri's lifetime fundraising total to $10 million. M12 — Microsoft Corporation (NASDAQ: MSFT)’s venture fund — led...