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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. It has now made more than 2.5

Invest 233
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Acorns To Go Public Via SPAC

socalTECH

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 The deal is expected to close in the second half of 2021.

Equity 113
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost is not alone in developing technology focused on inventory. to develop some sweet inventory-planning software.

Product 191
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6 New Venture Funding Realities To Guide Your Efforts

Startup Professionals Musings

A major chunk of this activity is provided by the newer class of “super angels,” who often look more like micro-VCs, except that they are investing their own money. Institutional venture capital dispensed in 2021 reached record highs of almost $330 billion, up significantly from the last few years. Marty Zwilling.

Guide 136
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7 Ways To Highlight Your Personal Value To Investors

Startup Professionals Musings

You need to work just as hard to convince investors that you are the best person to take your idea from a dream to a successful business, and provide an impressive return on their investment at the same time. Develop a personal story as a visionary and learner. Offer an attractive and viable investment equation.

Ideas 140
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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Startups usually think in terms of a million to 10 million dollar infusions, but aspiring unicorns usually need to seek financial investments of hundreds of millions, or even a billion dollars. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.

Startup 151
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

This writeup from industry analyst Karl Guttag showcases how Magic Leap has turned away from several of the key technologies it raised billions of dollars to develop with its latest hardware which he nevertheless believes will “blow away” the HoloLens 2 in image quality. “ Crypto investment starts 2022 with a roar.

Marketing 246