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Author: Megan Rose Dickey

EAT Club acquires Taro to expand its corporate lunch program

EAT Club, the lunch delivery service that counts companies like Facebook, Postmates and others as customers, has acquired meal delivery service Taro. Financial terms of the deal were not disclosed. Taro’s business model worked by shipping pre-made meals directly to consumers. With the acquisition, however, Taro will no longer serve customers directly. Instead, it will be folded into EAT Club...

Bird will launch electric scooters in 50+ European cities

Bird is gearing up to launch in more than 50 additional cities throughout Europe this spring. Bird began its expansion into Europe less than one year ago. Today, Bird operates its scooters in Paris, Brussels, Vienna, Zurich and other European cities. This launch will increase its European fleet size more than ten-fold. “World class brands and companies have the perfect formula of economics and the...

Uber is expected to seek $10 billion in IPO

Uber is reportedly making its S-1 publicly available tomorrow, according to Reuters. According to the IPO paperwork, Uber will sell around $10 billion worth of stock, Reuters sources say. If true, Uber’s IPO would be one of the G.O.A.T. (greatest of all time) in the tech industry since Alibaba’s 2014 IPO. While previous reports have pegged Uber’s valuation at around $120 billion,...

Investors continue to pour money into dental startups

Teeth straightening startup Candid has raised another $63.4 million in a Series B round from Greycroft, Bessemer, e.ventures and others. The new injection of cash brings its total funding to $90 million. Candid, which 3D prints its FDA-approved aligners, is designed for people who need mild to moderate orthodontic work. The modeling kit costs $95, and then the actual aligners cost $1,900 upfront o...

Landed raises $7.5 million Series A to help teachers buy homes

Teachers are notoriously underpaid, and buying homes is notoriously expensive. This is where Landed, which just raised a $7.5 million Series A round led by Initialized Capital, comes in. Landed helps educators buy homes by providing them with down-payment assistance. That’s because many teachers leave their jobs due to a lack of stable housing. In Berkeley, Calif., for example, more than hal...

Rent the Runway hits a $1 billion valuation

Rent the Runway just closed a $125 million led by Franklin Templeton Investments and Bain Capital Ventures. This round values the company at $1 billion. In total, Rent the Runway has raised $337 million in venture funding. “Shared, dynamic ownership is a movement that Rent the Runway has pioneered over the last decade and we’re excited to continue to lead the market and innovate our subscription s...

Populus raises $3.1 million to help cities make sense of shared scooters and bikes

Cities are seemingly down for this new era of transportation, which entails micromobility services and ride hailing, and operators are increasingly more down to share their data with cities. Now, cities just have to find out what to do with this data and how to extract learnings from it. This is where Populus comes in. Populus, which just raised a $3.1 million seed round from Precursor Ventures, R...

DoorDash claims drivers made an average of at least $17.50/hour on deliveries in 2018

DoorDash has been under fire as of late for its practices around paying drivers. In an email to drivers today, obtained by TechCrunch, DoorDash said drivers received an average of $17.50 or more per hour on a delivery in 2018. That figure, of course, does not take into account cost of mileage, payroll taxes for 1099 independent contractors and other expenses. In the email, with “Listening to...

Bird launches platform to let entrepreneurs manage their own fleet of scooters

Bird is launching its new program, Bird Platform, in New Zealand, Canada and Latin America in the coming weeks. First up is New Zealand, where Bird has partnered with a local entrepreneur to manage a fleet of Bird electric scooters. Residents of New Zealand will start to see Bird scooters on the streets next week. The platform is part of Bird’s mission to bring its scooters across the world ...

Quip launches toothbrush for kids

Quip, the dental care startup, is releasing a new product aimed toward kids. Similar to the electric toothbrush it makes for adults, the kids’ brush features a timer that pulsates every 30 seconds and automatically turns off after two minutes. The main differences between the brush for kids and one for adults is the non-slip grip plastic handle, smaller brush head and new colors. Quip for ki...

Zūm, a ridesharing service for kids, raises $40 million

Ride-sharing isn’t just for transporting teenagers and adults anymore. Zūm, a ridesharing startup for kids, just raised a $40 million Series C round led by BMW i Ventures with participation from Spark Capital and Sequoia Capital. This brings the company’s total funding to $70 million. Zūm is a mobile app that enables parents to schedule rides for their kids from fully-vetted drivers. I...

Zoba raises $3 million to help mobility companies predict demand

Scooter share, bike share and ride hailing are quickly becoming staple commodities in cities all over the world. As companies in those respective spaces try to improve their economics, Zoba is aiming to contribute to those goals by predicting demand for scooters, bikes and, eventually, rides in particular areas. To support Zoba’s mission, the company has raised a $3 million seed round led by...

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