Entrepreneur

Inside one VR company’s iterative path to becoming revenue-positive

GUEST:Embroidery digitizing Any ordinary startup will need to face the challenge of finding the right combination of both a product-market fit and a business model that gets them to a revenue positive scenario. Naturally, things are much trickier when that startup is operating in an emerging tech like VR, where the consumer market, for example, …

InVia Robotics wants to bring subscription-based robotics to ecommerce warehouses

InVia Robotics, a company that’s setting out to provide ecommerce fulfillment centers with automated robotics technology, has raised $9 million in a series A round of funding led by Upfront Ventures, with participation from Embark Ventures. The figure also constitutes a $3 million loan from Comerica. Founded out of Westlake Village, California, in 2015, InVia …

How Midwest tech organizations are working to increase the number of female founders in the region

How bad is the diversity in tech problem? Seriously bad. And seriously long-standing. For almost 30 years, women have made up less than 10 percent of the entrepreneurial and venture capital market labor forces, while Hispanics hovered at 2 percent and African Americans below 1 percent, according to a recent Harvard Business School paper. What’s …

eBay hires Jan Pedersen from Twitter to spearhead its AI efforts

eBay has announced a major new hire in its push to leverage artificial intelligence (AI) across its ecommerce platform. The company announced that it has lured Jan Pedersen from Twitter as its new VP and chief scientist for AI, and he will soon lead the company’s strategy across natural language processing, machine learning, and computer vision. He …

Fitbit pushes into employee health care and coaching with Twine Health acquisition

Global wearables juggernaut Fitbit has announced plans to acquire Twine Health, a health coaching platform aimed at helping employers manage chronic disease in the workforce. Terms of the deal were not disclosed.Embroidery Digitising Founded out of Cambridge, Massachusetts, in 2014, Twine Health is a cloud-based platform that connects clinicians with patients so they can create …

Californians trust tech companies but want regulations to rein them in

The tech industry is the most-trusted sector in California, but two-thirds of residents in the Bay Area — home of Silicon Valley — think it has been underregulated, according to a survey by public relations firm Edelman.Embroidery Digitising There’s an apparent paradox between trust in the tech industry and a desire for more regulation as …

How strategic VCs prime health care startups for success (VB Live)

Health care is being disrupted by innovative tech solutions — but having the right venture capital partner can make or break success. Join this VB Live event to learn how VC partnerships can help you navigate through the regulations and complicated nature of health care, and get your startup thriving. Register here for free. The …

Broadcom confirms it has secured up to $100 billion in debt to cover Qualcomm bid

Broadcom has confirmed reports from last night that it has secured “up to” $100 billion in debt funding to cover its proposed acquisition of Qualcomm. Over the months-long saga, Qualcomm has reject previous takeover offers from the rival chip company, and after Broadcom submitted a revised $121 billion bid last week — consisting of cash …

LimeBike adds motorized bikes to its dockless fleet

Dockless bike-sharing seemed to emerge from nowhere last year, with countless new entrants backed by big bucks. One of those was LimeBike, a San Mateo-based company that has raised more than $60 million, and which has been steadily expanding its presence across the U.S. in dozens of locations. Today, LimeBike launched the next version of its …

Why IoT startup MailHaven returned to Louisville after a Silicon Valley stint

Last year, Kela Ivonye relocated from his home base in Louisville, Kentucky to Silicon Valley for an extended period of time to participate in not just one, but two startup accelerator programs. But even though the two-time founder appreciated the funding, mentorship, and partnerships he gained from these experiences, he was committed to returning to Louisville to …