TOP NEWS

Slingshot Aerospace Finds $8M More

El Segundo, California- and Austin, Texas-based Slingshot Aerospace, a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning....Continue →


Slingshot Aerospace Gets $3M

Austin- and Los Angeles-based Slingshot Aerospace, a developer of software which combines satellite, aerial, drone and other data, has raised $3.0M in a combination of venture capital and a Small Business Innnovation Research contract, the company said on Thursday. According to the company, it received $1.5M in funding from ATX Venture Partners and Revolution's Rise of the Rest Seed Fund, and $1.5M from the U.S. Air Force via the SBIR contract....Continue →


Amazon Starts Selling Used Bird Scooters

Tired of using public, on-demand scooters? Want your own Bird scooter? Amazon has apparently started selling used Bird scooters on its website today, through the "Amazon Renewed" program. The scooters--Bird's ES1-300--are also available new, however, the used versions are being sold for just $289.99. A new, "Bird One" scooter purchased directly through Bird will set users back by $1299.00....Continue →


Report: Riot Ventures Seeks $75M

Riot Ventures, a venture capital fund with offices in Boston and Los Angeles, says it has launched an effort to raise $75M in a venture capital fund, which it says is its second fund. According to Techcrunch, the fund would be the firm's second, saying that the firm had raised $10M in its first fund. A regulatory filing by the company indicates it started raising $25M in a fund in April of 2017, but never reported completing any funding for that funding to the SEC....Continue →


Locale Finds $11M For Upscale, Furnished Apartments

Austin-based Locale, which provides upscale, furnished apartments for both short and long term stays, said this week that it has raised $11M in a Series A funding round. The funding was led by Amplo, and also included Susa Ventures and Metropolis Capital Partners, plus Malkin Holdings, Rogue Insight Capital, and Chris Heller (Chief Real Estate Officer, OJO Labs, former CEO of Keller Williams). According to Locale, it has now raised a total of $14M....Continue →


Transplace Buys Lanehub

Dallas-based transportation management services provider Transplace announced on Tuesday that it has acquired Lanehub, the developer of a cloud-based platform and community for connecting the freight industry. Financial details of the acquisition were not announced. Lanehub was based in Green Bay, Wisconsin. According to Transplace, Lanehub's community represents 150 shipper members, 250 carrier members, 180,000 lanes, and over $23 billion in truckload spend....Continue →


Lime Pulls Out Of San Antonio

E-scooter company Lime is retreating from San Antonio, Texas--as well as eleven other markets across the world--in what appears to be a major shift in the winds for the micro-mobility market startup world. Lime said that it is shutting down in "select communities throughout the world where micromobility has evolved more slowly" as it has "shifted our primary focus to profitability"....Continue →


Hitched Picks Up $5.5M For Industrial Rental Marketplace

Houston-based Hitched, a startup which operates a marketplace for industrial rental equipment, has raised $5.5M in a Series A funding, the comapny said this week. The funding was led by Cottonwood Venture Partners. Hitched provides its equipment rentals on an hourly and daily basis to the oil and gas, construction, and industrial industries. The company said the funding will go towards product development, to enhance its customer experience, and other efforts....Continue →


HighRadius Raises $125M In New Funding Round

Houston-based software developer HighRadius said on Tuesday that it has raised $125M in a Series B funding round, which it says gives it unicorn valuation. The company said the funding round was led by ICONIQ Capital, and also included existing investors Susquehanna Growth Equity and Citi Ventures. HighRadius develops software used for cash and treasury management. HighRadius says the new funding will go towards platform development and expansion of the company's geographic reach....Continue →


Osano Picks Up $5.4M For Data Privacy Tools

Austin-based Osano, a developer of software to help companies with compliance with GDPR and other privacy laws, has raised $5.4M in a Series A funding, the company said this week. The funding was led by LiveOak Venture Partners and Next Coast Ventures, and also included angels. The company says it has now raised a total of $8.4M in funding. Osano is led by co-founder and CEO Arlo Gilbert.Continue →


Geoforce Acquired By LRR Partners

Dallas-based Geoforce, a developer of Internet-of-Things (IoT) equipment used for field asset tracking in the oil and gas market, has been acquired by private equity investor LRR Partners. According to LRR Partners, it has acquired a majority stake in Geoforce, and made a growth capital investment in the business. Financial details of the deal were not announced. Geoforce develops cloud-based software to track assets, using both satellite and cellular-based devices with GPS....Continue →


Terradepth Gets $8M For Robotic Ocean Mapping

Austin-based Terradepth, a startup developing underwater, autonomous submersibles, has raised $8M in a new funding round, the company said on Monday. The funding was led by Seagate Technology....Continue →



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