Wholesale marketplace Abound raises $22.9M
Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutional round of funding. CEO Bill Shope founded the com.....»»
OpenAI CEO raises $115M for crypto company that scans people’s eyeballs
Worldcoin investor insists "Orb" iris scanner is not a "dystopian nightmare." Enlarge / Worldcoin's "Orb," a device that scans your eyeballs to verify that you're a real human. A company co-founded by OpenAI CEO Sam Alt.....»»
Memcyco raises $10 million to deliver real-time brandjacking protection
Memcyco, the real-time website impersonation detection and prevention solution, has completed a $10 million seed round led by Capri Ventures and Venture Guides. Brandjacking is among the most common forms of cyberattacks globally. Twenty percent of c.....»»
Sekoia.io raises €35 million to strengthen its positioning on the international stage
Sekoia.io raised €35 million in a new round of financing from Banque des Territoires, European investor Bright Pixel (former Sonae IM) and its historical investors Omnes Capital, Seventure and BNP Paribas Développement. The fundraising follows a p.....»»
Study: People think undermining democracy is ok if others do it first
Merely thinking the other guys wreck democracy raises support for wrecking democracy. Enlarge (credit: Douglas Rissing) Many Americans have been shocked by the frequency with which people who claim to love our democracy.....»»
CarGurus plans to buy rest of CarOffer digital wholesale platform, executive says
The vehicle listings company predicts CarOffer will break even or become profitable by mid-year. CarGurus also is moving ahead with a full acquisition of the wholesale digital trading platform......»»
Study: Allowing financial trading in California"s wholesale electricity market significantly reduces volatility
Forward markets—over-the-counter marketplaces that set the price of a financial instrument or asset—are used to trade a variety of instruments, including securities and commodities. In a new study, researchers measured the extent to which forward.....»»
Used-vehicle retailers shifted Q1 goals to profit over volume
Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consu.....»»
Slide is on for wholesale used-vehicle prices
Wholesale used-vehicle prices are expected to gradually cool through the rest of the year after unseasonably appreciating to start 2023......»»
Upway launches one of the best marketplaces for certified e-bikes, new or not
Upway has launched the best marketplace for certified e-bikes, whether you want a brand new bike or refurbished one......»»
New animal family tree raises questions about the origin of nervous systems
Sponges are more closely related to us than some animals with a nervous system. Enlarge / These complex creatures seem to be the earliest branch of the animal tree. We're more closely related to sponges than we are to them. (cred.....»»
Infamous cybercrime marketplace offers pre-order service for stolen credentials
Infostealer malware, which consist of code that infects devices without the user’s knowledge and steals data, remains widely available to buy through underground forums and marketplaces, with the volume of logs, or collections of stolen data, avail.....»»
Study finds carrying pollen heats up bumble bees, raises new climate change questions
A new study from North Carolina State University finds carrying pollen is a workout that significantly increases the body temperature of bumble bees. This new understanding of active bumble bee body temperatures raises questions about how these speci.....»»
There"s a way to free flatscreen TV -- but with a catch
Telly promises a smart television for free, if users are willing to deal with advertising on a second screen and the wholesale handing over of their usage data to marketers.Telly's dual-screen smart TVA start-up named Telly, created by a co-founder o.....»»
Hacker marketplace still active despite police "takedown" claim
Police said the "dangerous" Genesis Market had been dismantled, but it is still selling hacker products......»»
CarGurus Q1 net income down; digital wholesale revenue nose-dives
The company's digital wholesale division, which includes trading platform CarOffer, saw a higher loss and a major drop in revenue, but CarGurus CEO Jason Trevisan said executives have taken steps to stabilize the business......»»
Startup UVeye raises $100 million for AI-powered car inspections
UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc......»»
TrueCar used-car valuation tool launches as Q1 revenue drops, losses rise
TrueCar Wholesale Solutions is designed to help the company make the most of strong used-car demand......»»
Webb Protocol raises $7 million to build interoperable privacy in Web3
Webb Protocol raised $7 million in a seed funding round co-led by Polychain and Lemniscap, with participation from Zeeprime, CMS Holdings among others. The funding will go towards growing Webb’s staff base, accelerating the development of innov.....»»
HUB Security raises up to $16 million to fuel technology development
HUB Security entered into an agreement for up to $16 million in gross proceeds from Lind Global Asset Management VI LLC, an investment entity managed by The Lind Partners, a New York based institutional fund manager (together, “Lind”). Th.....»»
India EV-only Uber rival raises $42 million in BP-led round
BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs......»»