Jun
02

OroraTech’s space-based early wildfire warnings spark $7M investment

With wildfires becoming an ever more devastating annual phenomenon, it is in the whole planet’s interest to spot them and respond as early as possible — and the best vantage point for that is space. OroraTech is a German startup building a constellation of small satellites to power a global wildfire warning system, and will be using a freshly raised €5.8 million (~$7 million) A round to kick things off.

Wildfires destroy tens of millions of acres of forest every year, causing immense harm to people and the planet in countless ways. Once they’ve grown to a certain size, they’re near impossible to stop, so the earlier they can be located and worked against, the better.

But these fires can start just about anywhere in a dried out forest hundreds of miles wide, and literally every minute and hour counts — watch towers, helicopter flights and other frequently used methods may not be fast or exact enough to effectively counteract this increasingly serious threat. Not to mention they’re expensive and often dangerous jobs for those who perform them.

OroraTech’s plan is to use a constellation of about 100 satellites equipped with custom infrared cameras to watch the entire globe (or at least the parts most likely to burst into flame) at once, reporting any fire bigger than 10 meters across within half an hour.

Image Credits: OroraTech

To start out with, the Bavarian company has used data from over a dozen satellites already in space, in order to prove out the service on the ground. But with this funding round they are set to put their own bird in the air, a shoebox-sized satellite with a custom infrared sensor that will be launched by Spire later this year. Onboard machine learning processing of this imagery simplifies the downstream process.

Fourteen more satellites are planned for launch by 2023, presumably once they’ve kicked the proverbial tires on the first one and come up with the inevitable improvements.

“In order to cover even more regions in the future and to be able to give warning earlier, we aim to launch our own specialized satellite constellation into orbit,” said CEO and co-founder Thomas Grübler in a press release. “We are therefore delighted to have renowned investors on board to support us with capital and technological know-how in implementing our plans.”

Image Credits: OroraTech

Those renowned investors consist of Findus Venture and Ananda Impact Ventures, which led the round, followed by APEX Ventures, BayernKapital, Clemens Kaiser, SpaceTec Capital and Ingo Baumann. The company was spun out of research done by the founders at TUM, which maintains an interest.

“It is absolutely remarkable what they have built up and achieved so far despite limited financial resources and we feel very proud that we are allowed to be part of this inspiring and ambitious NewSpace project,” APEX’s Wolfgang Neubert said, and indeed it’s impressive to have a leading space-based data service with little cash (it raised an undisclosed seed about a year ago) and no satellites.

It’s not the only company doing infrared imagery of the Earth’s surface; SatelliteVu recently raised money to launch its own, much smaller constellation, though it’s focused on monitoring cities and other high-interest areas, not the vast expanse of forests. And ConstellR is aimed (literally) at the farming world, monitoring fields for precision crop management.

With money in its pocket Orora can expand and start providing its improved detection services, though sadly, it likely won’t be upgrading before wildfire season hits the northern hemisphere this year.

 

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Jun
02

Startup Alley tickets are selling out in record numbers

Beware! There isn’t much time left to apply for Startup Alley. Take advantage of this opportunity before it’s too late.

When you purchase a ticket for Startup Alley, you can opt into being considered for a spot in our inaugural Startup Alley+ cohort. This very cool and downright extraordinary business development opportunity kicks off in July and takes you through TechCrunch Disrupt 2021 (September 21-23).

TechCrunch will select 50 startups to participate in Startup Alley+ and the only cost involved is the price you paid for your exhibitor’s pass. Here’s what Startup Alley+ delivers.

It all begins at TechCrunch Early Stage: Marketing & Fundraising in July, which you’ll attend for free. From there, you’ll receive three months of business development support. That support includes these three masterclasses on essential entrepreneurial topics:

Key Principles of the Lean Startup Methodology with John Lynn, founder of CELA Innovation  How to Create Product/Market Fit with Dan Olsen, author of “The Lean Product Playbook”Outreach Strategies for Contacting VCs and Press with Annie Kadavy of Redpoint Ventures and TechCrunch editor Danny Crichton

You also get to perfect your pitch so you’re ready to impress potential customers at TC Disrupt. How? By pitching at one of our weekly Extra Crunch Live events in the run-up to Disrupt.

And don’t forget — all Startup Alley exhibitors get two minutes to pitch live to the global Disrupt audience. This means you showcase your product to investors, media reps, corporate innovation teams and other attendees interested in your vertical.

What else? How about warm introductions to select VCs from the TechCrunch community? Check — we’ve got you covered on that front. Startup Alley+ cohort members will be introduced to relevant investors before Disrupt kicks off. Have your pitch deck ready and be prepared to give a product demonstration.

Time’s running out. Your chance to potentially join the Startup Alley+ cohort will not be around for too much longer. Buy a Startup Alley Pass now. Take advantage of this opportunity and make the most of TechCrunch Disrupt 2021.

Is your company interested in sponsoring or exhibiting at Disrupt 2021? Contact our sponsorship sales team by filling out this form.

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Jun
02

Confluent’s IPO brings a high-growth, high-burn SaaS model to the public markets

Confluent became the latest company to announce its intent to take the IPO route, officially filing its S-1 paperwork with the U.S. Securities and Exchange Commission this week. The company, which has raised over $455 million since it launched in 2014, was most recently valued at just over $4.5 billion when it raised $250 million last April.

What we can see in Confluent is nearly an old-school, high-burn SaaS business. It has taken on oodles of capital and used it in an increasingly expensive sales model.

What does Confluent do? It built a streaming data platform on top of the open-source Apache Kafka project. In addition to its open-source roots, Confluent has a free tier of its commercial cloud offering to complement its paid products, helping generate top-of-funnel inflows that it converts to sales.

Kafka itself emerged from a LinkedIn internal project in 2011. As we wrote at the time of Confluent’s $50 million Series C in 2017, the open-source project was designed to move massive amounts of data at the professional social network:

At its core, Kafka is simply a messaging system, created originally at LinkedIn, that’s been designed from the ground up to move massive amounts of data smoothly around the enterprise from application to application, system to system or on-prem to cloud — and deal with extremely high message volume.

Confluent CEO and co-founder Jay Kreps wrote at the time of the funding that events streaming is at the core of every business, reaching sales and other core business activities that occur in real time that go beyond storing data in a database after the fact.

“[D]atabases have long helped to store the current state of the world, but we think this is only half of the story. What is missing are the continually flowing stream of events that represents everything happening in a company, and that can act as the lifeblood of its operation,” he wrote.

That’s where Confluent comes in.

But enough about the technology. Is Confluent’s work with Kafka a good business? Let’s find out.

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Jun
02

Etsy asks, ‘How do you do, fellow kids?’ with $1.6B Depop purchase

The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a secondhand e-commerce marketplace, for more than $1.6 billion may not have made a large impact on the acquiring company’s share price thus far, but it provides a fascinating look into what brands may be willing to pay for access to the Gen Z market.

What Etsy is buying is not merely a source of GMS and net losses. It’s buying access to Gen Z.

First, a few details: Per Etsy, the Depop deal is worth “$1.625 billion consisting primarily of cash, subject to certain adjustments for Depop’s working capital, transaction expenses, cash and indebtedness, and certain deferred and unvested equity for Depop management and employees.” So, $1.625 billion, plus or minus. We’ll use that number this morning.

Because Etsy is a public company and the transaction is material, it provided a good deal of information on the acquisition. The key facts that relate to the scale of Depop’s business are as follows:

2020 gross platform spend, revenue: “Depop’s 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year over year.”Historical gross platform spend trend: “Depop’s GMS grew at a compounded annual growth rate of nearly 80% from 2017-2020.”

At $70 million in 2020 revenue, Depop is being valued at a multiple of 23.2x of the previous year’s top line. That’s rich, but not impossibly high for a company that just had a huge pandemic year. (Though it is somewhat notable that Etsy is valuing Depop as if it was a high-growth SaaS business and not a consumer marketplace.)

The category of e-commerce performed well during the pandemic, implying that Depop’s nonpandemic growth rate would have been lower than what it ultimately recorded. How can we tell? The company’s historical GMS spend figure of “nearly 80%” from 2017 to 2020 is inclusive of the 100%+ GMS growth it recorded last year. We can infer, then, that in 2017, 2018 and 2019, GMS at Depop grew at a slower pace, namely one that is under the 80% mark.

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Jun
02

Shef raises $20M to expand its homemade meal delivery marketplace

It’s still a bit of a legal maze, but more cities are coming around to the idea of letting local home chefs bring in more income by selling homecooked meals to those nearby.

Shef is a marketplace meant to help these home chefs connect with customers, handle orders and get the food delivered — and they’ve just raised $20 million to get it done.

The company is announcing its Series A round this morning, led by Andreessen Horowitz and backed by Y Combinator, Craft Ventures, M13 and a bevy of celebrities including Padma Lakshmi, Chef Aarón Sánchez, Katy Perry, Tiffany Haddish, Orlando Bloom and NBA All-Star Andre Iguodala.

As part of the round, Andreessen Horowitz GP (and former OpenTable CEO) Jeff Jordan will join Shef’s board.

Because of varying local laws, Shef works a bit differently from market to market. In some places, for example, they’re able to tap local delivery networks to get meals the last mile; in others, chefs handle deliveries themselves.

Across all markets, though, the ordering process boils down to: pick a chef, order what you want a few days in advance (everything is done via pre-orders so chefs know exactly what they’ll need each day — it’s not an on-a-whim kind of thing), then heat it up upon arrival.

Image Credits: Shef

But whether or not a service like this is even allowed to exist varies from place to place. Even in California, where a relatively new statewide law allows home cooks to sell their goods, the final say (and the details of the implementation) comes down to each county. In many places, “homecooking” still requires getting access to a commercial kitchen.

Shef co-founders Alvin Salehi and Joey Grassia don’t shy away from the legal challenges — in a chat earlier this week, they told me that they expect much of the funds they raised to go toward two things: figuring out how to get services like theirs legalized in more markets (they’ve hired Danielle Merida, former general counsel for TaskRabbit, to help there), and to onboard chefs as those new markets come online.

The company says they currently have more than 12,000 home chefs on their wait list, with that number ballooning as the pandemic shuttered restaurants around the country. Each chef they bring on to the platform goes through a 150-step onboarding process, including a food safety certification exam and food quality assessment.

“We want to be able to expand the services to as many people as possible, because so many people need it,” Salehi tells me. “But it takes resources to be able to do that effectively, and most importantly, to do that safely.”

Shef is currently live in the Bay Area, Austin, Boston, Chicago, Houston, Seattle and New York, with plans to roll out in new markets… well, as soon as they can.

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Jun
02

Iterative raises $20M for its MLOps platform

Iterative, an open-source startup that is building an enterprise AI platform to help companies operationalize their models, today announced that it has raised a $20 million Series A round led by 468 Capital and Mesosphere co-founder Florian Leibert. Previous investors True Ventures and Afore Capital also participated in this round, which brings the company’s total funding to $25 million.

The core idea behind Iterative is to provide data scientists and data engineers with a platform that closely resembles a modern GitOps-driven development stack.

After spending time in academia, Iterative co-founder and CEO Dmitry Petrov joined Microsoft as a data scientist on the Bing team in 2013. He noted that the industry has changed quite a bit since then. While early on, the questions were about how to build machine learning models, today the problem is how to build predictable processes around machine learning, especially in large organizations with sizable teams. “How can we make the team productive, not the person? This is a new challenge for the entire industry,” he said.

Big companies (like Microsoft) were able to build their own proprietary tooling and processes to build their AI operations, Petrov noted, but that’s not an option for smaller companies.

Currently, Iterative’s stack consists of a couple of different components that sit on top of tools like GitLab and GitHub. These include DVC for running experiments and data and model versioning, CML, the company’s CI/CD platform for machine learning, and the company’s newest product, Studio, its SaaS platform for enabling collaboration between teams. Instead of reinventing the wheel, Iterative essentially provides data scientists who already use GitHub or GitLab to collaborate on their source code with a tool like DVC Studio that extends this to help them collaborate on data and metrics, too.

Image Credits: Iterative

“DVC Studio enables machine learning developers to run hundreds of experiments with full transparency, giving other developers in the organization the ability to collaborate fully in the process,” said Petrov. “The funding today will help us bring more innovative products and services into our ecosystem.”

Petrov stressed that he wants to build an ecosystem of tools, not a monolithic platform. When the company closed this current funding round about three months ago, Iterative had about 30 employees, many of whom were previously active in the open-source community around its projects. Today, that number is already closer to 60.

“Data, ML and AI are becoming an essential part of the industry and IT infrastructure,” said Leibert, general partner at 468 Capital. “Companies with great open-source adoption and bottom-up market strategy, like Iterative, are going to define the standards for AI tools and processes around building ML models.”

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Jun
02

Dear Sophie: How does International Entrepreneur Parole work for startup founder immigration?

Sophie Alcorn Contributor
Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives.

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.

“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sophie Alcorn, a Silicon Valley immigration attorney. “Whether you’re in people ops, a founder or seeking a job in Silicon Valley, I would love to answer your questions in my next column.”

Extra Crunch members receive access to weekly “Dear Sophie” columns; use promo code ALCORN to purchase a one- or two-year subscription for 50% off.

Dear Sophie,

I’ve been hearing a lot about International Entrepreneur Parole lately. I’m wondering if both my co-founder, who is currently on an H-1B that we’re in the process of transferring to our startup, and an employee on STEM OPT, who we’re making a co-founder, would be eligible to apply. How does parole work and how long does it take?

Also, we are close to securing $200,000 in investments. Do we have to raise another $50,000 to sponsor someone for parole?

— Looking for Answers in Los Altos

Dear Looking,

Thanks for reaching out to me with your International Entrepreneur Parole (IEP) questions! What makes IEP so exciting is its flexibility: Up to three co-founders of a startup can self-petition for IEP, which means they don’t need an employer sponsor. Unlike an H-1B or another work visa, this is great because the applicant can be the boss of the company. Moreover, if your startup has raised less than $250,000, your team can still qualify for IEP by submitting evidence of your startup’s potential for rapid growth and job creation. Take a listen to my podcast episode on IEP, which goes over the process for applying and answers some of the most frequently asked questions that I receive.

If your co-founders pursue IEP, I highly recommend, as usual, that they work with an immigration attorney. It’s especially important here because the stakes are so high for your company and because this is a new program, and U.S. Citizenship and Immigration Services (USCIS) officers have little experience reviewing IEP applications. Additionally, your startup’s fundraising falls short of $250,000 from U.S. investors, so you’ll need strong legal arguments about your qualifications.

How new is this program? Well, it already has a lot of history. Even though IEP has been available since 2017, the previous administration had unsuccessfully tried to eliminate it. Only recently did the Department of Homeland Security withdraw the proposal to rescind the IEP program, which has been available since 2017, and the the Biden administration announced it would fully implement it.

A 2020 Congressional Research Report on “Immigration Parole” noted that USCIS had received 28 IEP applications from the time it began them through February 10, 2020. Of those, only one was approved, 22 were denied, three were withdrawn and two were pending.

We don’t know exactly how long USCIS will take to make a determination on IEP applications — and USCIS said in a recent stakeholder meeting that there is no processing time yet. My law firm is in the process of submitting several applications on behalf of clients and hope to have decisions soon. We’ll keep you posted!

Image Credits: Joanna Buniak / Sophie Alcorn (opens in a new window)

How parole works

The secretary of Homeland Security and agencies within Homeland Security, including USCIS and Customs and Border Patrol, have the ability to grant parole, which allows entry to and a temporary stay in the United States. Parole has traditionally been granted for urgent humanitarian reasons, such as to persecuted refugees or those seeking medical treatment in the U.S., or to serve a public benefit, such as providing disaster assistance, cooperating with law enforcement or testifying at a trial.

Created by the Obama administration after Congress failed to create a startup visa, IEP allows entrepreneurs who provide a “significant public benefit” by creating jobs for American workers and expanding the U.S. economy to temporarily stay in the U.S. to grow their startup. If USCIS approves an IEP application, the entrepreneur will receive a parole document that is valid initially for 30 months.

Parole is not a non-immigrant (temporary) visa status, which means your co-founders cannot simply file to change their status from an H-1B or F-1 to IEP while living in the U.S. To be granted parole, your founders must leave the U.S. and reenter and get a stamp by a border officer to be “paroled” into the U.S.

If an entrepreneur is approved for IEP, then their spouse and dependent children (unmarried and under 21 years) are also eligible for parole during that same period. Once they arrive in the U.S., spouses are eligible to file for a work permit that would allow them to get a job or start their own business.

IEP eligibility requirements

To qualify for IEP, each of your co-founders will need to show that:

Your startup is a U.S. corporation that is less than five years old.They have at least a 10% ownership stake in the startup.They are central to and play an active role in the startup. I recommend that your co-founders have a C-suite title, such as chief executive officer, chief operations officer or chief technology officer, and/or a senior-level title, such as president.Your startup has received at least $250,000 from qualified U.S. investors or at least $100,000 in grants or awards from federal, state or local governments.

If your startup has only received $200,000, your co-founders will need to provide compelling evidence of your company’s potential for rapid growth and job creation, such as its users or customers, revenue, social impact, far reaching or national scope, or positive local or regional effects. Your attorney can support you with these legal arguments.

To extend IEP for another 30 months, your co-founders will need to show that:

They continue to play a central and active role with the company.They have at least a 5% ownership stake.

And one of the following:

Your startup has received at least $500,000 from qualified investments and/or qualified government grants or awards.Your startup has created at least five full-time jobs with the startup entity during the initial parole period.Your startup has at least $500,000 in annual revenue in the United States and averaged 20% in annual revenue growth during the initial parole period.

If your startup entity partially meets funding, job creation or annual revenue criteria, your co-founders must provide compelling evidence that the startup entity continues to show substantial potential for rapid growth and job creation with the support of your attorney.

Although there is no wage requirement under the IEP program (like there is for H-1B visa), each of your co-founders will need to have a household income that is greater than 400% of the federal poverty line for their household size as defined by the Department of Health and Human Services. For example, based on today’s requirements, a family of four would need to have a household income of more than $106,000.

My hope is that by the time your co-founders are ready to extend their IEP, there will already be new laws in place for a startup visa and green card pathway for startup founders. I was honored to work on this draft legislation with Jeff Farrah of the National Venture Capital Association, and hopefully we’ll see some announcements soon!

Good luck!

Sophie

Have a question for Sophie? Ask it here. We reserve the right to edit your submission for clarity and/or space.

The information provided in “Dear Sophie” is general information and not legal advice. For more information on the limitations of “Dear Sophie,” please view our full disclaimer. You can contact Sophie directly at Alcorn Immigration Law.

Sophie’s podcast, Immigration Law for Tech Startups, is available on all major platforms. If you’d like to be a guest, she’s accepting applications!

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Jun
02

Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery.

So, he turned to power sports to fulfill his vision of a micro-logistics service that can be used for driverless delivery or rented and operated by a human for jaunts around the city. Now, with prototypes built and an ambition to scale, McKendrick has raised $4.3 million in seed funding led by Trucks VC and Fifty Years.

“We keep doing the same things over and over again,” said McKendrick, who was previously VP of engineering at the now shuttered self-driving truck startup Starsky Robotics. “We keep taking legacy vehicles and trying to retrofit them for driverless technologies. Rather than do the same stuff over and over again, how about we do it a little bit differently?”

Faction, which launched last year and graduated this winter from the Y Combinator accelerator program, started with a three-wheel motorcycle platform. While the company is building the chassis from the ground up, McKendrick says it can be accomplished at a fraction of the cost of manufacturing an automobile. The vehicle costs about $30,000 in all, which McKendrick said has a payback period of two years.

These are motorcycle-class vehicles, which means they are legal for city streets and highways but don’t have some of the same requirements that passenger vehicles do.

The vehicles can deliver cargo, which is accomplished through a combination of autonomy and a remote worker using teleoperations to assist. Faction, which is about a 10-person team, is working with other companies for the autonomous vehicle stack. However, it has developed a core platform with safety features that will step in if the autonomous system fails.

“The core technology that we’re building for these vehicles is actually something we aspire to bring to other vehicle formats, as the company grows over time,” he said, adding that they have developed a digital vehicle architecture and a teleoperation system, which work together.

Image Credits: Faction Technology

Delivery, or micro-logistics as McKendrick calls it, is the first focus of the company. However, the founder also sees an opportunity to build out fleets of its three-wheeled vehicles and rent them out to people who want to use them for three- to five-mile trips around cities, or even longer distance from a city to a nearby suburb. These vehicles would be nearly the same with a few key differences, like a glass canopy for the human operator versions. The delivery vehicles would have an opaque canopy.

McKendrick envisions users being able to hail one of its vehicles through an app. The vehicle would then drive itself to the user. Once they step inside, it would be manually operated by the human driver.

McKendrick’s pitch is that users get all the convenience of a scooter or bike share, but have weather protection and highway capability.

“So if you need to run from say, San Francisco down to San Francisco Airport, this is the perfect format of vehicle to do it for you, as opposed to trying to do more four-door sedans and larger-format vehicles.”

Under the driverless delivery applications, the user would be charged on a per-mile basis. McKendrick said they may charge by the hour for the vehicle rentals.

The company is working now to form partnerships with manufacturers of light electric vehicles to scale operational fleets, and plans to announce the first customer trials later this year. McKendrick said the goal is to deploy a small fleet of about 50 vehicles for the micro-logistics pilot and start some early rider trials by the fourth quarter.

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Jun
02

JOKR launches in New York with a different take on on-demand delivery

For years now, the world of retail has been evolving. Whether it’s next-day delivery with Amazon Prime or subscription D2C services or on-demand delivery from Postmates, we’re growing increasingly accustomed to being able to buy something and have it arrive at our door relatively quickly.

Tomorrow, a new startup is launching in New York with a fresh take on on-demand delivery.

JOKR, founded by Ralf Wenzel (the same guy who founded Foodpanda, which later merged with Delivery Hero), promises delivery in 15 minutes or less, with no order minimums, and a selection of products that you might find in the local deli or convenience store.

The approach is centered around what JOKR calls micro-hubs, which are really just various storefronts on side streets in denser areas. The company uses data to forecast what customers will want, when, and where, to strategically organize these micro-fulfillment centers for speed.

For end users, there are no order minimums and no delivery fees.

Data is the key ingredient to identify what customers need and put an emphasis not only on what they need, but also when they need it. And what point of time, which day, which week, which month, whether it’s in the morning or in the evening, and build a dynamic inventory and catalog management system that is able to rotate inventory, provide inventory and pre-forecast suggestions for customers, those type of consumer goods, and the corresponding time.

JOKR procures the goods sold on the app directly from brands, manufacturers and wholesalers. In other words, you can think of the service as a sort of ghost kitchen for groceries and everyday items.

“We are a platform that is not relying on any type of consumer charges,” said Wenzel. “Hence, the business is predominantly a business that generates revenue out of the respective product costs. Our ability to procure directly, and cut out middlemen in terms of wholesalers, distributors, supermarkets themselves, allows us to tap into a margin pool that is higher than that of traditional online marketplaces, which would only pick a product from existing stores, supermarkets, and then need to apply a delivery fee in order to make their proposition work.”

The company is working to increase its inventory, which currently includes more than 1,500 items.

In terms of the workforce, JOKR delivery people are full-time employees.

JOKR has been operating in Latin America (Brazil, Lima and Mexico City) and is now expanding into the U.S. market with its NYC launch.

According to TheRealDeal, JOKR has funding from SoftBank, as well as HV Capital and Tiger Global. It’s unclear how much the startup has raised.

Editors Note: This article originally stated that JOKR launches today. It has been updated for accuracy. 

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Jun
02

Colorado Startup Summer 2021 – Request for Companies

CU’s Silicon Flatirons Center Startup Summer is back!

Startup Summer provides a fantastic experience for college-age students and interns interested in entrepreneurship and the Front Range emerging company scene.

Startup Summer is a free offering that enhances your company’s internship program. Your company hires and pays your intern(s). You can hire an intern out of your own pool of candidates or, alternatively, let us know and we will get you student resumes from individuals who have reached out to us.

This program is free – there is no charge for companies or interns. Now in Year 10, Startup Summer is one of CU Boulder Silicon Flatirons’ most popular programs.

Startup Summer pulls college-age students together on Tuesday nights from 5:30 – 7:30 pm during the summer. Startup Summer students and interns get to (1) meet leaders in the Front Range emerging company community, and (2) build their own startups on the side. More info is available at our website Startup Summer page.

If your company is interested in Startup Summer, please reach out directly to Sara Schnittgrund (This email address is being protected from spambots. You need JavaScript enabled to view it.) and Brad Bernthal (This email address is being protected from spambots. You need JavaScript enabled to view it.) at Silicon Flatirons by Thursday, June 3.

The post Colorado Startup Summer 2021 – Request for Companies appeared first on Feld Thoughts.

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  100 Hits
Jun
02

Micron launches 176-layer NAND flash and 1-alpha DRAM chips for the data economy

Micron Technology announced advanced flash memory and dynamic random access memory chips to serve data-driven businesses. Read More

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  58 Hits
Jun
02

Conversational AI startup Cognigy nabs $44M

Cognigy, a platform for designing conversational, AI-powered experiences, raised $44 million in fresh capital.Read More

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  110 Hits
Jun
01

Microsoft turns attention to multi-cloud and AI with Azure updates

Microsoft made over 100 product and service announcements last week. Those related to its Azure ecosystem were the most interesting.Read More

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  84 Hits
Jun
01

JBS meatpacker ransomware attack likely by Russian criminals, U.S. says

U.S. officials believe a Russian criminal group is likely behind the ransomware attack which disrupted operations at Brazilian meatpacker JBS,Read More

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  58 Hits
Jun
01

Enterprises are prioritizing customer experience initiatives, Rackspace says

A survey from Rackspace Technologies revealed C-suite executives still don't understand the tech that can benefit their customer experience.Read More

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  65 Hits
Jun
01

Microsoft, GPT-3, and the future of OpenAI

Elevate your enterprise data technology and strategy at Transform 2021. One of the biggest highlights of Build, Microsoft’s annual software development conference, was the presentation of a tool that uses deep learning to generate source code for office applications. The tool uses GPT-3, a massive language model developed by OpenAI last year and ma…Read More

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  50 Hits
Jun
01

Dark Horse Comics starts a gaming and digital entertainment division

Dark Horse Comics has started Dark Horse Games as its new gaming and digital division. Johnny Lee is running the division.Read More

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  32 Hits
Jun
01

Crysis Remastered Trilogy will launch this fall

Crytek announced today that the Crysis Remastered Trilogy is coming out this fall for PlayStation 4, Xbox One, Switch, and PCRead More

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  34 Hits
Jun
01

The business impact of video game cheaters and pirates — and how to fight back (VB Live)

Join VB’s Dean Takahashi and others to learn how anti-tamper and anti-cheat solutions can protect your franchise and reputation.Read More

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  29 Hits
Jun
01

Battlefield reveals its next game on June 9

Electronic Arts announced today that next Battlefield is having its reveal on June 9 at 7 a.m. Pacific.Read More

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  40 Hits