Coming off of a year where monthly active users grew 150% year over year, ethnic e-grocer Weee! secured $425 million in Series E funding toward its goal to be “the primary source for food at home,” Larry Liu, Weee!’s founder
Tag: Funding
Healthcare unicorn Ro parts ways with top execs after fresh round of funding
A week after healthcare unicorn Ro landed capital from existing investors at a higher valuation, two top executives have parted ways with the company, per an internal email obtained by TechCrunch from multiple employees. In the e-mail, CEO and
Biden signs stopgap funding measure into law, avoiding government shutdown | CNN Politics
CNN— President Joe Biden on Friday officially signed into law the stopgap funding measure passed by the Senate Thursday night, averting a government shutdown for now. The funding for the federal government was set to expire on Friday. The
Biden will announce $1 billion in infrastructure funding to clean up Great Lakes
The bulk of funding is targeted to restore what the Environmental Protection Agency has identified as severely degraded “Areas of Concern.” The administration projects that funding from the infrastructure law — combined with funds from annual Great Lakes Restoration Initiative
White House seeks additional $30 billion in Covid-19 funding
Top officials with the Department of Health and Human Services laid out the need to lawmakers on Tuesday, according to the source, who requested anonymity to discuss private conversations. The funding would go toward vaccines, treatments, testing and other pandemic
SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines
Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s
Another huge funding round gives Veho room to deliver
Two months after taking on a monster $125 million Series A that propelled the company into unicorn territory, package delivery company Veho is back with another huge round — this time $170 million in Series B. Leading the round this
Atommerce wants to scale its mental health platform with $16.7M funding
Atommerce, a Korean startup that helps users connect with mental health professionals via a mobile app MiNDCAFE, plans to scale its service for growth with a $16.7 million Series B, which was three times oversubscribed within two months. With the
Explaining the Claim That the Biden Administration Is Funding ‘Crack Pipes’
WASHINGTON — Republican lawmakers and conservative news outlets have accused the Biden administration of planning to give out pipes for smoking crack cocaine. Their claims this week refer to a provision in an overdose prevention program announced in December. The
BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya
Kenya-based EV startup BasiGo has closed $4.3 million in seed funding, three months after setting up operations in East Africa’s biggest economy, to provide clean-energy mass transit vehicles in a country that is heavily-reliant on fossil-fuel buses. The startup said
House is expected to vote on stopgap government funding bill to avert shutdown
Funding is currently set to expire on February 18, but the measure the House is set to take up would extend funding through March 11. Once the House passes the stopgap bill, known as a continuing resolution, the Senate would
Shopware, an e-commerce platform that powers 100K brands, raises its first outside funding: $100M from PayPal and Carlyle
The e-commerce boom that started with the Covid-19 pandemic shows little sign of slowing down, and today a company called Shopware, which provides a set of open source tools to power online shopping experiences for some 100,000 mid-sized and larger