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 Rappi Co-Founders Sebastian Mejia, President (left) and Simón Borrero, CEO (right).Photo credit: RappiRappi, a Colombian on-demand delivery upstart, has announced that it's raised over $300 million in fresh funding from investors including asset management firm T. Rowe Price. As indicated by a filing with the U.S. Securities and Exchanges Commission (SEC), Rappi sought to raise up to $350 […]

Margrethe Vestager, Executive Vice President, European Commission. Photo by Stephen McCarthy/Web Summit via Sportsfile, licensed under Creative CommonsThe European Commission has said that it'll appeal an Irish tax penalty reversal that was recently granted to Apple after the technology giant won an appeal to a $15 billion tax penalty that was levied against it by the […]

Apple CEO Tim Cook. Photo credit: Vivek Prakash/Fortune, under Creative Commons licenseTechnology giant Apple has bought Scout FM, a popular app that creates radio stations for podcast listeners. The acquisition was first reported [paywall] by Bloomberg, which notes that Apple acquired the company earlier this year. The financial terms of the acquisition aren't disclosed. As a […]

 Anduril CEO Palmer Luckey.Anduril Industries, a three-year-old defense startup led by Palmer Luckey of Oculus fame, has been selected as a vendor that'll work on a cutting-edge Internet of Things (IoT) network for the United States Air Force. Anduril is one out of a total of more than 50 vendors that the Air Force has courted […]

 Better.com CEO Vishal Garg. Photo credit: Better.comBetter.com, a New York-based mortgage financing upstart, is seeking to raise new funding that'll widely boost its private valuation, according to a report [paywall] by The Information. According to The Information, Better.com is on the cusp of a deal to raise more than $100 million in new funding that'll value […]

Photo credit: Greenlight Greenlight Financial Technology, an Atlanta-based banking upstart whose service is primarily built for kids, has raised $215 million in Series C funding that values it at over $1.2 billion and boosts the total amount of funding that the company has raised since its inception to nearly $300 million. The new funding was co-led by venture capital […]

Deliveroo CEO Will Shu image: RISE on FlickrU.K. food delivery company Deliveroo has begun holding preliminary discussions for a possible 2021 public listing, according to a report [paywall] from Bloomberg. According to Bloomberg, Deliveroo is in discussions with potential investment banking advisers over the possibility of an initial public offering by next year, notably on the heels […]

Mithril Capital led Nuvia's Series B funding in partnership with semiconductor veterans Sehat Sutardja (pictured) and Weili Dai.Photo by Sikarin Thanachaiary, licensed under Creative CommonsNuvia, a Santa Clara-based silicon design upstart founded by former Apple and Google veterans, has announced that it's closed $240 million in Series B funding led by venture capital firm Mithril Capital, […]

Pasquale Romano, CEO, ChargePoint. Photo credit: ChargePointChargePoint, the popular electric vehicle charging infrastructure network, has reached a deal to go public by merging with blank-check firm Switchback Energy Acquisition Corp. The deal is expected to add nearly $500 million to ChargePoint's balance sheet and give the company an initial valuation of $2.4 billion. Switchback is a […]

Peter Thiel. Photo credit: picture alliance/Tobias Hase, licensed under Creative CommonsPalantir co-founder and famed entrepreneur Peter Thiel is looking to strike gold once again, this time with a blank-check firm that'll seek to merge with another company. Thiel, along with Hong Kong-based businessman Richard Li, have created a new blank-check firm named Bridgetown Holdings that's seeking […]