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  • Walmart partners with Tribeca to turn 160 store parking lots into drive-in theaters

    Just ahead of the Fourth of July weekend, Walmart announced a partnership with Tribeca Enterprises (most notably the purveyors of the film festival of the same name) that’s set to convert 160 store locations into makeshift drive-in movie theaters. The move is an extension of the existing Tribeca-led Drive-In program that has already announced events […]

    July 2nd, 2020 09:27 AM

    QuestDB nabs $2.3M seed to build open source time series database

    QuestDB, a member of the Y Combinator summer 2020 cohort, is building an open source time series database with speed top of mind. Today the startup announced a $2.3 million seed round. Episode1 Ventures led the round with assistance from Seedcamp, 7percent Ventures, YCombinator, Kima Ventures and several unnamed angel investors. The database was originally […]

    July 2nd, 2020 09:08 AM

    Growth capital investor Kennet raises $250M fund, backed by Edmond de Rothschild

    Venture capital is “not the only fruit” for entrepreneurs, as the often quieter ‘Growth Capital’ can also see great returns for entrepreneurs who prefer to retain a lot of ownership and control but are also willing to bootstrap over a longer period in order to reach revenues and profits. With the COVID-19 pandemic pushing millions […]

    July 2nd, 2020 09:00 AM

    High-flying IPOs for Lemonade and Accolade may encourage other unicorns to go public

    If you'd predicted in late March and early April that Q3 would kick off with a wide-open IPO market that had receptive investors, I doubt anyone would have believed you.

    July 2nd, 2020 08:49 AM

    Top LA investors discuss the city’s post-COVID-19 prospects

    When it comes to venture capital, Los Angeles is a city on the rise. In the past year, it’s seen one of the most profitable venture-backed exits of any tech ecosystem (with the $4 billion sale of Honey to PayPal) and investors are minting billion-dollar companies in the region at a torrid pace. It’s also […]

    July 2nd, 2020 08:20 AM

    DoubleVerify names adtech exec Mark Zagorski as new CEO

    Ad measurement company DoubleVerify announced this morning that it has a new: CEO Mark Zagorski, who was most recently president and COO of adtech company Rubicon Project. DoubleVerify’s previous CEO Wayne Gattinella stepped down earlier this year following a troubling New York Post report claiming that he had been engaged in an extramarital affair with […]

    July 2nd, 2020 08:20 AM

    Tesla delivered 90,650 vehicles in second quarter, a smaller than expected decline

    Tesla said Thursday that it delivered 90,650 vehicles in the second quarter, a 4.8% decline from the same period last year prompted by challenges caused by the COVID-19 pandemic that included suspending production for weeks at its main U.S. factory. Tesla still managed to beat expectations despite the headwinds. The vast majority of deliveries — […]

    July 2nd, 2020 07:37 AM

    SEC filing indicates big data provider Palantir is raising $961M, $550M of it already secured

    Palantir, the sometimes controversial, but always secretive, big data and analytics provider that works with governments and other public and private organizations to power national security, health and a variety of other services, has reportedly been eyeing up a public listing this autumn. But in the meantime it’s also continuing to push ahead in the […]

    July 2nd, 2020 06:39 AM
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