Startups

Power grid supply in Africa is erratic and inconsistent, affecting rural and urban households and businesses. For restaurants or convenience stores dealing with perishables, frozen foods, and beverages, having intermittent electricity slows down their business. Some of them turn to diesel generators, which are expensive and toxic, to provide electricity. Companies like cabbage box offer … Read more

After Amazon’s $3.9 Billion acquisition of One MedicalBusiness Insider reported that the company would to add mental health care to her portfolio. While there are skeptics who fear Amazon’s track record of privacy in healthcare, some say the company’s moves could be positive for the industry. The tech behemoth originally entered the health sector after … Read more

To get a roundup of e-RUPI Guide’s biggest and most important stories delivered to your inbox every day at 3:00 PM PDT, subscribe here. hello, Crispy McCrunchface! (What we call the Daily Crunch readers is still a work in progress.) Super excited to share something double-plus-great with you: the culmination of months of work through … Read more

Sajith Wickramasekara co-founded Benchling to improve laboratory data collection and collaboration. Since its inception in 2012, the company has grown to a valuation of $6.1 billion. Wickramasekara will join e-RUPI Guide Live, along with Benchmark’s general partner, Miles Grimshaw, to discuss the recent acquisition and growth. This e-RUPI Guide Live event opens Aug. 24 at … Read more

Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Act in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people to the businesses and opportunities that extend their lives. More posts from this contributor Dear Sophie: Which immigration options are … Read more

Multi-asset social investment network and Robinhood competitor eToro have signed a definitive agreement to acquire Gatsby — a fintech startup that also wanted to compete against Robinhood — for $50 million in cash and common stock agreement. Israel-based eToro told e-RUPI Guide this week that it has just received approval from FINRA, the Financial Industry … Read more

Co-founder of Funding Circle Samir Desai unveiled a new UK fintech startup called Super paymentsa company he founded in February, but about which little was known until now. Reports emerged a few months ago, Desai had raised about $30 million for this new company, and today it has been confirmed. Super has raised £22.5m (approximately … Read more

Bangalore-based Exponent Energy may have come up with a way to quickly charge electric vehicles in 15 minutes. The startup, which just raised a $13 million Series A, relies on a combination of its proprietary battery pack and charging infrastructure to achieve such a feat. Exponent Energy’s business model is aimed at OEMs building commercial … Read more

QuotaBook, a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with the participation of Access Ventures, Hana Securities and South Korean fintech firm Viva Republica. Some of its past backers, including Draper Associates and Capstone Partners, joined the round. The Korean startup, which graduated from Y Combinator (YC) Winter 21 … Read more

It was the fundraiser on Twitter. Adam Neumann, the infamous entrepreneur behind WeWork, has raised a staggering $350 million from Andreessen Horowitz for a yet-to-be-launched real estate company called Flow. The investment gave Neumann’s latest venture a more than $1 billion valuationas reported by The New York Times, and came amid what is believed to … Read more