On April 5th, 2020, due to the pandemic and lockdown orders, a Houston-based oil and gas company asked for a waiver to use drones for inspecting its equipment, since workers had to be kept inside. Within 24 hours, the FAA took action and issued its first COVID-19 related drone waiver approving beyond visual line of sight (BVLOS) operations to Airobotics. Read...
Read MoreMobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG. Also participating in the round were Bono (yes, that one), along with entrepreneur, impact investor and movie producer Jeff Skoll; plus HarbourVest Partners and Progressive Insurance. Read...
Read MoreFoodtech startup Tovala has raised $20 million in a round led by Finistere Ventures, with participation from Comcast Ventures, OurCrowd and others. The Chicago-based business makes smart ovens that are designed to cook the company’s prepared meals. Read...
Read MoreDailyPay provides a platform that delivers early earned wage access an employee retention programmes to all payroll systems Read...
Read MoreIsraeli medical device maker Alpha Tau Medical said on Thursday it raised $26 million in a funding round from investors including Shavit Capital, Medison Ventures and OurCrowd to help finance global clinical trials. Read...
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