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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

Via has two sides of its business: a consumer-facing shuttle and a “partnerships” division that sells its software platform to cities and transit authorities that allows them to deploy their own shuttles. Two existing investors, Millennium Technology Value Partners and DSC Investment, also participated in the round.

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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week. Molecule , a platform where DAOs can back medical research projects, secured $13 million in seed funding led by Northpond Ventures.