June 2023

Peakview, a U.S. LP once backed by a Chinese firm, diversifies its own investor base

June 9, 2023

In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of funds business, Peakview Capital, was […]

Peakview, a U.S. LP once backed by a Chinese firm, diversifies its own investor base by Connie Loizos originally published on TechCrunch

Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon

June 9, 2023

U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon. Founded out of Cambridge in 2017, Uncommon is one of countless companies pushing to make cultured “lab-grown” meat a reality in kitchens and restaurants around the globe, covering everything […]

Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon by Paul Sawers originally published on TechCrunch

3 Secrets to Streamlining Your Accounts Payable Process

June 9, 2023
Not all AP automation software is created equal. Leveraging the right AP solution that aligns with your unique vision and available resources will ensure your business grows without compromising its individuality.

How curbside pickup caused Wing to rethink its approach to drone delivery

June 8, 2023

In many ways, drone delivery still feels very pie in the sky in terms of scalable e-commerce. In smaller, controlled pockets, however, the concept is going swimmingly. Among the spots is a small Google satellite campus in the Palo Alto foothills. The buildings, which neighbor larger Tesla and HP offices, are home to a handful […]

How curbside pickup caused Wing to rethink its approach to drone delivery by Brian Heater originally published on TechCrunch

Carvana nirvana? Shorted stock surges 56% as company predicts record profits

June 8, 2023

On Thursday, online car-retailer Carvana announced an especially rosy outlook (i.e. forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s stock price up 56% before the market closed. The company closed the day worth $4.58 billion, according to Google Finance data. The retailer — a popular short — predicted […]

Carvana nirvana? Shorted stock surges 56% as company predicts record profits by Harri Weber originally published on TechCrunch

GM follows Ford’s lead and adopts Tesla chargers

June 8, 2023

General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between the erstwhile rivals comes less than two weeks after Ford announced a similar partnership, and signals that other automakers could soon follow. As with the […]

GM follows Ford’s lead and adopts Tesla chargers by Rebecca Bellan originally published on TechCrunch