Tech

From food delivery to housing: Former Favor founders raise millions for Sunroom Rentals

1 day ago   |   By Tech Crunch

Real estate tech startup Sunroom Rentals , which leases units on behalf of property managers and apartment owners, has raised $11 million in a Series A round of funding led by Gigafund.
Ben Doherty and Zachary Maurais, former founders of the delivery app Favor, launched Sunroom in May 2018 with the mission of “boosting the profitability” of mid-size property managers and apartment owners by giving them a way to outsource their leasing operations.
The pair sold Favor to Texas grocer H-E-B in 2018 and soon after shifted their focus on building out Sunroom. The Austin-based company has...
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VC firms are launching SPACs, raising billions of dollars to potentially buy startups they're invested in

VC firms are launching SPACs, raising billions of dollars to potentially buy startups they're invested in

1 day ago   |   By Business Insider

Summary List Placement These days, more venture capital firms are either forming their own special purpose acquisition companies, or SPACs, or having internal conversations about doing so. A SPAC would let them launch a startup onto the public markets, even one from their own portfolios.
Peter Hébert, a founding partner at Lux Capital, whose SPAC started trading on the stock market last fall, said he's had at least 60 phone calls with venture capitalists who are asking if they should jump on the trend.
Lightspeed Venture Partners is among the SPAC-curious, according to Barry Eggers, a...
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How Miso Robotics went from scrappy fast-food robot startup to raising $37 million in VC, and why its founder will never give up on crowdfunding campaigns

How Miso Robotics went from scrappy fast-food robot startup to raising $37 million in VC, and why its founder will never give up on crowdfunding campaigns

1 day ago   |   By Business Insider

Summary List Placement Miso Robotics made headlines nearly three years ago when it debuted a burger-flipping robot, Flippy, at a fast-food restaurant in Southern California. Flippy was billed as the world's first autonomous robotic kitchen assistant - one that would work alongside, not replace, restaurant workers.
Flippy became an instant celebrity, often drawing large crowds at CaliBurger in Pasadena, California, the fast-food chain piloting the robot.
"We did have people come into the shop every single day to come see the robot. There was a little bit of a cult following," Buck Jordan...
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The Latest: Kentucky urges Black citizens to get vaccinated

The Latest: Kentucky urges Black citizens to get vaccinated

LEXINGTON, Ky.: The Rev. Jim Thurman counts himself among the converts who recognize the importance of taking a COVID-19 vaccine. Read more ...

GOP rallies solidly against Democrats' virus relief package

GOP rallies solidly against Democrats' virus relief package

WASHINGTON - Republicans rallied solidly Wednesday against Democrats' proposed $1.9 trillion COVID-19 relief bill as lawmakers awaited a decision by the Senate's... Read more ...

Whitmer plans to further ease coronavirus restrictions

Whitmer plans to further ease coronavirus restrictions

LANSING, Mich. - Gov. Gretchen Whitmer said Wednesday her administration will announce the further loosening of Michigan's coronavirus restrictions in coming days. Read more ...

February 24 COVID-19 Test Results and Vaccinations

February 24 COVID-19 Test Results and Vaccinations

SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Feb 24th. "In the U.S., more Americans have now received at... Read more ...

Facebook says it will pay $1B over 3 years to news industry

Facebook says it will pay $1B over 3 years to news industry

Facebook, following in Google's footsteps, says it plans to invest $1 billion to "support the news industry” over the next three years. Read more ...

Biden orders a review of US supply chains for vital goods

Biden orders a review of US supply chains for vital goods

WASHINGTON - President Joe Biden signed an executive order Wednesday intended to boost manufacturing jobs by strengthening U.S. supply chains for advanced batteries... Read more ...

Former Atlanta CEO Parker H. 'Pete' Petit gets prison, $1M fine for fraud

Former Atlanta CEO Parker H. 'Pete' Petit gets prison, $1M fine for fraud

The Securities and Exchange Commission in November 2019 charged MiMedx, Petit, and former Chief Operating Officer William C. Taylor with defrauding investors. Read more ...

H&R Block tax software is on sale right now in preparation for tax season...

H&R Block tax software is on sale right now in preparation for tax season - here are the best deals for all types of needs

Summary List Placement Many retailers are offering discounts on H&R Block , our best overall tax software pick. If you're dealing with a simple situation, you may be able to... Read more ...

Maverick Capital's top stock-picker Andrew Warford is leaving the $9 billion...

Maverick Capital's top stock-picker Andrew Warford is leaving the $9 billion fund to run his own family office

Summary List Placement Long-serving Maverick Capital executive Andrew Warford is leaving the $9 billion hedge fund. Warford, chairman of the firm's stock committee and de facto... Read more ...

Blackouts bring up 'a four-letter word' in Texas: regulation

Blackouts bring up 'a four-letter word' in Texas: regulation

AUSTIN, Texas - All the groceries spoiled and the water was out for days. Then Melissa Rogers, a believer in the Texas gospel that government should know its place, woke up to... Read more ...