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Thursday, June 24, 2021
These Forge cofounders simply raised $5 million to deal with a brand-new, still-stealth investing start-up

These Forge cofounders simply raised $5 million to deal with a brand-new, still-stealth investing...

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Sohail Prasad and Samvit Ramadurgam are cofounders who met during Y Combinator’s 2012 summer batch and went on to cofound Forge, which helps accredited investors and institutions buy and sell private company shares and which most recently raised $150 million in new funding in May. Forge — originally known as Equidate —  has taken off…
Holy Grail raises $2.7 M seed fund to produce modular carbon capture gadgets

Holy Grail raises $2.7 M seed fund to produce modular carbon capture gadgets

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The founders of Holy Grail, a two-year-old startup based in Mountain View, California, are taking a micro approach to solving the outsized problem of capturing carbon. The startup is prototyping a direct air carbon capture device that is modular and small — a departure from the dozens of projects in the U.S. and abroad that…
Bonus Crunch roundup: SaaS creator incomes, break-even neobanks, Google Browse suggestions

Bonus Crunch roundup: SaaS creator incomes, break-even neobanks, Google Browse suggestions

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Usually, a teacher who grades students on a curve is boosting the efforts of those who didn’t perform well on the test. In the case of cloud companies, however, it’s the other way around. As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook. With $100+ million…
Tesla backs vision-only technique to autonomy utilizing effective supercomputer

Tesla backs vision-only technique to autonomy utilizing effective supercomputer

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Tesla CEO Elon Musk has been teasing a neural network training computer called ‘Dojo’ since at least 2019. Musk says Dojo will be able to process vast amounts of video data to achieve vision-only autonomous driving. While Dojo itself is still in development, Tesla today revealed a new supercomputer that will serve as a development…
Fintech veteran Jitendra Gupta is all set for his brand-new inning– now he is pursuing banks in India

Fintech veteran Jitendra Gupta is all set for his brand-new inning– now he is...

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For most people in India, having to engage with banks doesn’t instill a sense of joy. Banks in the South Asian market are notorious for making unannounced spam calls to upsell customers loans and credit cards, even when they have been explicitly asked not to do so. Moreover, when a customer does reach out to…
Clubhouse is constructing a DM text chat function

Clubhouse is constructing a DM text chat function

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Some Clubhouse users were treated to a surprise feature in their favorite app, but it wasn’t long for this world. A new UI element called “backchannel” popped up briefly before disappearing late last week, pointing the Clubhouse faithful to a new area of the app and generating plenty of chatter among users ready for more…
Mobile commerce startup Via rounds up $15 million in Series A funding

Mobile commerce startup Via rounds up $15 million in Series A funding

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Mobile commerce is where it’s at, and rising investment in so-called conversational commerce startups underscores the opportunity. Via, a two-year-old, Bay Area-based startup, is among those riding the wave, having identified some trends that are becoming clearer by the month. First, more e-commerce sales will be on mobile phones this year than desktops (as much…
Facebook’s entry into VR advertising isn’t going too well

Facebook’s entry into VR advertising isn’t going too well

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Facebook’s efforts to bring advertising to the Oculus virtual reality platform it has spent billions of dollars building out doesn’t seem to be off to a great start. The company announced last week that they were planning to roll out their first in-game ads inside the title “Blaston” from the prolific VR game developer Resolution…
Dollars, offers and the value of nondilutive capital

Dollars, offers and the value of nondilutive capital

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Today, on Juneteenth, we recognize the efforts this nation still needs to put toward addressing structural racism and disparities, including in the world of tech. This week, HBCUvc, a nonprofit that aims to diversify the world of venture capital, launched a million-dollar fund. Founder Hadiyah Mujhid told me that the capital would provide nondilutive financing…
Mediflash is a freelancer market for health specialists

Mediflash is a freelancer market for health specialists

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Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. “It costs a small fortune to health facilities…

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Flash Instruction: Homages gather for Jabu Mabuza, AngloGold bottom of the lot, gold dives listed below $1,800

Flash Instruction: Homages gather for Jabu Mabuza, AngloGold bottom of the lot, gold dives...

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Listen on iTunes  Former Eskom board chair and businessman Jabu Mabuza passed away on Wednesday night due to Covid-19 complications. He was 63. Business Unity South Africa president Sipho Pityana said that Mabuza was a role model for all South Africans, who became a powerhouse in the country’s economy and who also occupied several leadership positions…
SA controls list of leading 10 way of life estates on the planet for 2021– New World Wealth

SA controls list of leading 10 way of life estates on the planet for...

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Andrew Amoils, an analyst at New World Wealth, specialises in keeping a close eye on how the world’s wealthiest people spend their money. He joined the BizNews Power Hour to discuss the report he’s just compiled on the top 10 lifestyle estates in the world for 2021. No less than three South African properties have…
Mantis Area 12J Financial Investment– Q&A– Last opportunity to invest and have SARS pay up to 45%of your financial investment for you

Mantis Area 12J Financial Investment– Q&A– Last opportunity to invest and have SARS pay...

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*This content is brought to you by Pearl Valley Hotel by Mantis and Futureneers Capital Q: What is the minimum investment and deposit required? A: Option 1: R1,000,000 Cash Option 2: R50k Cash deposit on a R950,000 Smart Loan (assuming your marginal tax rate is 45%) Option 3: R550,000 Cash deposit on a R450,000 Bridge Loan…
How to free SA? “Ruin this infection called the ANC,” states Herman Mashaba

How to free SA? “Ruin this infection called the ANC,” states Herman Mashaba

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Herman Mashaba, the former Johannesburg mayor, joined the BizNews Power Hour to discuss some of his plans for the coming elections. Mashaba is the leader of Action SA, a political party he launched in 2020. – Jarryd Neves Herman Mashaba on his candidate election system: One of the issues I put forward to South Africans…
If You Still Haven’t Shopped Prime Day, These 48 Things Under $50 Are All Winners

If You Still Haven’t Shopped Prime Day, These 48 Things Under $50 Are All...

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Taking a great price and making it even ::chef's kiss: greater.We hope you love the products we recommend! All of them were independently selected by our editors. Just so you know, BuzzFeed may collect a share of sales or other compensation from the links on this page if you decide to shop from them. Oh,…