Rivian adds $1.3 billion in funding for its electric utility and adventure vehicles

American automotive technology startup Rivian has raised $1.3 billion in new funding, the company announced today. The new investment is the fourth round of capital announced by the company in 2019 alone, following prior announcements of $700 million from Amazon, $500 million from Ford (which includes a collaboration on electric vehicle technology) and $350 million…

Centaurs, centurions, centipedes: the $100M ARR CLUB

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate was in SF, Alex was in Providence, and there was a mountain of news to shovel through. If you’re here because we mentioned linking to a certain story in the show notes, that’s here. For…

Despite winter’s chill, the Northeast’s tech ecosystem is white-hot

NYC had a record-breaking VC year, and one investor says Boston is ‘Goldilocks’ for startups Alex Wilhelm 8 hours Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today, we’re digging into a host of data concerning the East Coast venture capital scene, specifically…

Leapfin raises $4.5M to help companies track revenue while keeping its own profitability in view

Leapfin, a startup selling corporate finance tooling, announced a $4.5 million round this morning. The funding event was led by Bowrey Capital, and included dollars from a number of former technology executives. Before its newly announced investment, the company had raised just a small seed round. The small capital amounts may seem inconsequential, but they’re…

Snackpass snags $21M to let you earn friends free takeout

“We were in the back washing blenders so they could keep taking Snackpass orders” recalls co-founder and CEO Kevin Tan. The team from order-ahead food startup Snackpass was willing to get their hands dirty to keep up with demand at one of their first restaurant partners, Tropical Smoothie Cafe on the Yale college campus. Why were…

Paige raises $45M more to map the pathology of cancer using AI

One of the more notable startups using artificial intelligence to understand and fight cancer has raised $45 million more in funding to continue building out its operations and inch closer to commercialising its work. Paige — which applies AI-based methods such as machine learning to better map the pathology of cancer, an essential component of…

Can a wearable improve memory? Humm raises $2.6 million so consumers can find out

There’s an emerging body of research suggesting that electrical stimulation applied to the brain can help improve memory and cognitive function. A recent study conducted by researchers from Boston University this year found that 70 year-old participants in a clinical trial performed certain memory tasks as well as 20 year-olds after exposure to mild electrical…

Skyryse shows off end-to-end autonomous flight technology with helicopter demonstration

Skyryse is a three-year old transportation startup that is approaching the future of aviation from a different angle when compared to most. You often see startups building new kinds of aircraft, with electric powertrains, multiple rotors for vertical take-off and landing, and more: Skyryse thinks the smarter approach is to start at a more fundamental…

Indian B2B food tech startup HungerBox raises $12M from Paytm and others

HungerBox, an Indian food tech startup that has courted 10 of the 11 largest companies in the country to use its services, today announced it has raised $12 million from Paytm and others as it looks to sign clients in Southeast Asia. The three-year-old startup’s new financing round, a Series C, was funded by a…