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VC Lindy Fishburne on the sudden democratization of science — and deep tech investing - techcrunch

VC Lindy Fishburne on the sudden democratization of science — and deep tech investing

Deep science investor Lindy Fishburne cofounded the seed- and early-stage venture firm Breakout Ventures several years ago, after cofounding Breakout Labs within the Thiel Foundation back in 2011, and she has made a wide array of interesting bets in the process. Among her firm’s portfolio companies is Cortexyme, a now publicly traded company that’s currently […]
techcrunch - 9 hours ago
A first look at Coursera’s S-1 filing - techcrunch

A first look at Coursera’s S-1 filing

After TechCrunch broke the news yesterday that Coursera was planning to file its S-1 today, the edtech company officially dropped the document Friday evening. Coursera was last valued at $2.4 billion by the private markets, when it most recently raised a Series F round in October 2020 that was worth $130 million. Coursera’s S-1 filing […]
techcrunch - 18 hours ago
Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter - techcrunch

Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter

Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year. However while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors who have sent the company’s stock tumbling since it reported Wednesday after the bell. It was similar to the reaction […]
techcrunch - 18 hours ago
The owner of Anki’s assets plans to relaunch Cozmo and Vector this year - techcrunch

The owner of Anki’s assets plans to relaunch Cozmo and Vector this year

Good robots don’t die — they just have their assets sold off to the highest bidder. Digital Dream Labs was there to sweep up IP in the wake of Anki’s premature implosion, back in 2019. The Pittsburgh-based edtech company had initially planned to relaunch Vector and Cozmo at some point in 2020, launching a Kickstarter […]
techcrunch - 18 hours ago
Deep Science: AI adventures in arts and letters - techcrunch

Deep Science: AI adventures in arts and letters

There's more AI news out there than anyone can possibly keep up with, but you can stay tolerably up to date on the most interesting developments with this column.
techcrunch - 19 hours ago
Tesla has closed its forums to launch a social platform and fans are not happy - techcrunch

Tesla has closed its forums to launch a social platform and fans are not happy

Tesla plans to shut down the forums section on its website as it launches a new social platform called the Tesla Engagement Platform, a move that’s raised the ire of a community of its most ardent supporters. Tesla first announced the new engagement platform with a notice at the top of its forums page that […]
techcrunch - 20 hours ago
How and when to hire your first product manager - techcrunch

How and when to hire your first product manager

In the world of early-stage startups, job titles are often a formality. In reality, each employee may handle a dozen responsibilities outside their job description. The choose-your-own-adventure type of work style is part of the magic of startups and often why generalists thrive here. However, as a company progresses and the team grows, there comes […]
techcrunch - 21 hours ago
How Rani Therapeutics’ robotic pill could change subcutaneous injection treament - techcrunch

How Rani Therapeutics’ robotic pill could change subcutaneous injection treament

A new auto-injecting pill might soon become a replacement for subcutaneous injection treatments. The idea for this so-called robotic pill came out of a research project around eight years ago from InCube Labs—a life sciences lab operated by Rani Therapeutics Chairman and CEO Mir Imran, who has degrees in electrical and biomedical engineering from Rutgers […]
techcrunch - 22 hours ago
Address cybersecurity challenges before rolling out robotic process automation - techcrunch

Address cybersecurity challenges before rolling out robotic process automation

The security aspect of RPA isn’t implemented in the early stages of development — leaving organizations vulnerable to cybercriminals.
techcrunch - 23 hours ago
Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform - techcrunch

Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

‍Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, San Francisco’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company emphasizes that it’s “not a bank, […]
techcrunch - 23 hours ago
Early-stage investor Mayfield shows how to scaleup your biotech startup at TC Early Stage in April - techcrunch

Early-stage investor Mayfield shows how to scaleup your biotech startup at TC Early Stage in April

Founders in the earliest stages of startup life face a hefty learning curve. Just some of the core competencies you need to lock down include how to raise VC funding, recruiting the right people, finding product-market fit, and building a killer go-to-market team. The list goes on and on…and on. You’ll learn about all those […]
techcrunch - 23 hours ago
Albertsons taps Tortoise for remote-controlled grocery delivery robots - techcrunch

Albertsons taps Tortoise for remote-controlled grocery delivery robots

Albertsons Companies, the grocery giant that owns Safeway and Jewel-Osco, has launched a pilot program that will test grocery delivery using remote-controlled delivery robots developed by Silicon Valley startup Tortoise. The pilot will start at two Safeway locations in Northern California, although Tortoise co-founder and president Dmitry Shevelenko said if successful, he expects the pilot […]
techcrunch - 1 day ago
The technology selloff is getting to be somewhat material - techcrunch

The technology selloff is getting to be somewhat material

Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech stocks, but the selloff has […]
techcrunch - 1 day ago
3 Ways Businesses Can Tackle Disinformation Campaigns - readwrite

3 Ways Businesses Can Tackle Disinformation Campaigns

In an age that everything goes viral on social media within a few hours, disinformation and black propaganda is the last thing that a business needs. An unhappy customer, competitors, or even foreign government-affiliated attackers can be the director of a wide-scale disinformation campaign. Big brands are usually the common targets of disinformation campaigns due […] The post 3 Ways Businesses Can Tackle Disinformation Campaigns appeared first on ReadWrite.
readwrite - 1 day ago
YC-backed Pangea discusses growth, fundraising ahead of demo day - techcrunch

YC-backed Pangea discusses growth, fundraising ahead of demo day

Pangea, a marketplace startup that wants to connect college freelancers and companies in need of digital help, is seeing its growth rate accelerate as it races toward the impending Y Combinator demo day. It’s traditional around this time that startups in the accelerator reach out to say hello. Provided that they are willing to chat […]
techcrunch - 1 day ago
Understanding how investors value growth in 2021 - techcrunch

Understanding how investors value growth in 2021

We’re not digging into another IPO filing today. You can read all about AppLovin’s filing here, or ThredUp’s document here. This morning, instead, we’re talking about an old favorite: software valuations. The folks over at Battery Ventures have compiled a lengthy dive into the 2020 software market that’s worth our time — you can read […]
techcrunch - 1 day ago
SoftBank makes mountains of cash off of human laziness - techcrunch

SoftBank makes mountains of cash off of human laziness

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. It was yet another crazy week, but did our best to get through as much of it as we could. Here’s the rundown, in case you […]
techcrunch - 1 day ago
Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company - techcrunch

Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company

The man who arguably ushered in the current SPAC rush with the merger of Virgin Galactic with his Social Capital Hedosophia holding company has divested the remainder of his personal holdings in the space tourism company. Chamath Palihapitiya, who serves as the Chairman of Virgin Galactic’s board, still holds 6.2% ownership in the company in […]
techcrunch - 1 day ago
Scrum Ventures launches new program to connect startups with Japanese corporations - techcrunch

Scrum Ventures launches new program to connect startups with Japanese corporations

Headquartered in San Francisco and Tokyo, Scrum Ventures is known for its accelerator programs focused on sports, food and smart city tech. Today it announced the launch of a new incubator program that will help startups from business partnerships with Japanese corporations. Called Scrum Studio, it will be spun out as an independent entity from […]
techcrunch - 1 day ago
What China’s Big Tech CEOs propose at the annual parliament meeting - techcrunch

What China’s Big Tech CEOs propose at the annual parliament meeting

The annual meetings of the Chinese parliament and its advisory body are underway in Beijing this week. Top executives from some of China’s largest tech firms are among the thousands of delegates who attend and put forward their opinions. Here is a look at what the tech bosses are proposing for China’s digital economy. Pony […]
techcrunch - 1 day ago
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techcrunch
Shared scooter startup Revel adds electric bike subscriptions to its business

Shared scooter startup Revel adds electric bike subscriptions to its business

techcrunch - 2 weeks ago

Shared electric moped startup Revel will start offering monthly electric bike subscriptions in New York, the second new business venture the company has announced in the past several weeks.

Revel said Tuesday it was expanding its product line which until the end of January consisted only of shared mopeds to include monthly subscriptions to electric bikes. The subscriptions will be available to residents of Manhattan, Brooklyn, Queens and the Bronx. The bikes, which are manufactured by WING Bikes, come equipped with a 36-volt battery that can travel 45 miles on a single charge, pedal assist and can reach speeds of 20 miles per hour.

The monthly electric bike subscription plan will be offered for $99 a month and includes the bike rental, lock, battery and all repairs and maintenance. Revel promised that  maintenance on normal bike issues will be conducted within 24 hours of a customer reporting a problem. Users will also receive educational materials on bike laws, safety, and locking best practices at multiple touchpoints, including in-app and printed materials, according to the company.

Revel launched in 2018 with a shared fleet of electric mopeds. The company, which founded by Frank Reig and Paul Suhey, started with a pilot program in Brooklyn and later expanded to Queens, the Bronx and sections of Manhattan. It ramped up its business thanks to $27.6 million in capital raised in October 2019 in a Series A round led by Ibex Investors. In its first 18 months of operation, Revel expanded its shared moped business to other cities such as Austin, which has since shutdown, as well as Miami and Washington, D.C. Last year, the company launched in Oakland and received a permit in July 2020 to operate in San Francisco.

Revel bopped along as a shared moped business until February 3, when it announced plans to build a DC fast-charging station for electric vehicles in New York City. The company said that this new Superhub, which is located at the former Pfizer building in Brooklyn, will contain 30 chargers and be open to the public 24 hours a day. This will be the first in a network of Superhubs opened by Revel across New York City, the company said. Revel said at the time it would use Tritiums new RTM75 model for the first 10 chargers at its Brooklyn site, which will go live this spring. These chargers are designed to deliver 100 additional miles of charge to an electric vehicle in about 20 minutes, according to Revel.

Now, it’s added a third business venture of electric bike subscriptions. And it appears Reig is ready to diversify further.

“Our mission at Revel is to electrify cities,” Reig said in an email to TechCrunch. “We are expanding into eBikes to continue to deliver on this mission, and to provide additional access to our users in cities like New York. Safe to say that this will not be our last big announcement in 2021.”

A waitlist will open up Tuesday and bikes will be delivered to customers starting in early March.

sauce: techcrunch
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