Category Archives: california

Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private jets and even seaplanes at a moments notice for $200 per seat, at least. Blade, backed by Lerer Hippeau, Airbus, former Google CEO Eric Schmidt and others, currently flies passengers around the […]

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Taali takes its popped water lily snacks from Y Combinator to the world

Aditya and Aarti Kochhar Kaji didn’t set out to start the snack food business Taali Foods when they were studying for their business degrees at Harvard. The couple both hail from Mumbai and met at the University of Pennsylvania . They were married before starting at Harvard’s Business School and initially were interested in other areas — Aarti was exploring a career in venture capital and Aditya was looking at the food and beverage industry broadly in his classes at Harvard. Addicted to snack foods like chips and […]

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Cannabis startup Caliva raises $75M from former Yahoo CEO Carol Bartz and Joe Montana

San Jose cannabis company Caliva is proving that weed’s still hot, even as some markets cool off. The company is announcing a $75 million round of investment that includes participation from former Yahoo CEO Carol Bartz and football legend Joe Montana . If that pair seems unlikely, it just goes to show that cannabis attracts an eclectic mix. With what the company itself refers to as a “war chest,” Caliva intends to expand its portfolio of products as well as ramping up its efforts courting cannabis users […]

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Sequoia-backed NEXT gets $97M as investment in logistics heats up

Despite its “unsexy” reputation, the logistics industry is attracting massive investment from venture capitalists. With a fresh $97 million in Series C funding, NEXT joins a fleet of heavily funded logistics platforms, including Flexport, Huochebang and Convoy. The company, which connects shippers and carriers through an online marketplace, raised the capital from Brookfield Ventures, with participation from Sequoia Capital and logistics solutions provider GLP. NEXT declined to disclose the valuation or whether its latest financing included debt. In 2018, global logistics startups collected more than $6 billion in […]

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Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The two had met in college at USC in their jet propulsion lab. Noone had gone on to take a job at SpaceX and Ellis at Blue Origin, but the two remained in […]

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Construction management software developer Procore raises $75 million at a $3 billion valuation

Procore Technologies, a provider of software to manage construction projects, is now worth $3 billion thanks to a new $75 million round of funding led by Tiger Global Management. The new funding shows just how completely software has eaten the world. Once considered an industry that was too analog to ever reap the benefits of technology’s management tools, software and services for the construction industry have seen some big exits and big money come in over the past three years. Unicorns abound among the companies that are […]

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The Wing, a co-working space for women, opens its doors in San Francisco

Women-focused co-working space The Wing has made its way to California, opening its first of two planned locations in the state this morning. On Sansome Street in San Francisco’s Financial District, The Wing hopes to attract professional women able to shell out $215 per month for access to its 8,000-square-foot workspace, which is complete with conference rooms, a cafe, a library stocked with books on feminist theory, a lactation room and more. In addition to its chic decor and feminist messaging, The Wing is also known for its […]

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Lime is pissed at San Francisco for denying it an e-scooter permit, claims ‘unlawful bias’

Lime is waging a war against the San Francisco Municipal Transporation Agency (SFMTA), claiming the organization acted with “unlawful bias” and “sought to punish Lime” when it chose not to award the e-scooter and dockless bike startup a permit to operate in San Francisco last month. Lime has sent an appeal to the SFMTA, requesting an “unbiased hearing officer” reevaluate its application to participate in the city’s 12-month pilot program for e-scooter providers. The SFMTA, however, says they are “confident” they picked the right companies in Scoot and Skip. “After […]

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Spire Health Tags are now on Apple’s shelves

Spire’s Health Tags, the dark and tiny devices you stick on your clothes to gather all sorts of health data from your steps, heartbeat and stress levels is now available at your local Apple Store. The company started out with a breath tracking device to detect when you are feeling tense and help calm you down. But four years in and its now all about the wearable “tags” you stick on items of clothing like your pants or sports bra. Yes, yes, there are lots of gadgets out […]

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