Startups Archives » Brit Commerce

Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to fight– BC

Leave a Comment / Andreessen Horowitz, Blumberg Capital, Divvy Homes, PropTech, QED Investors, Real estate, shutdowns, Startups, Tiger Global Management / By Salsa Noreen

Many proptech startups, born and funded during the height of low interest rates, are in the midst of a struggle. As investments in U.S.-based real estate startups fell from $11.1 billion in 2021 to $3.7 billion last year, according to data from PitchBook, some are selling themselves, while others are closing their businesses. The two […]

Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to fight– BC Read More »

Netradyne Raises $90M at $1.25B Valuation to Expand Smart Dash Cams for Commercial Fleets– BC

Leave a Comment / dashcam, Fundraising, netradyne, Startups, Transportation / By Salsa Noreen

Distracted driving is a leading cause of car accidents and increased car insurance premiums, which are expected to increase in 2025. For commercial fleets, navigating that is an expensive challenge. But for California-based startup Netradyne, it’s a tailwind. Netradyne offers fleet owners, including big names like Amazonwith AI-enabled dash cameras that collect vehicle data and

Netradyne Raises $90M at $1.25B Valuation to Expand Smart Dash Cams for Commercial Fleets– BC Read More »

Former CEO of MoviePass parent company pleads guilty to fraud over ‘unlimited’ scheme– BC

Leave a Comment / lawsuit, Media & Entertainment, moviepass, Movies, Startups, subscription service / By Salsa Noreen

Former CEO of MoviePass parent company Theodore Farnsworth pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors about the service’s “unlimited plan.” Farnsworth also pleaded guilty to conspiracy to commit securities fraud as CEO of Vinco Ventures, a publicly traded company. Helios & Matheson Analytics (HMNY), the parent company

Former CEO of MoviePass parent company pleads guilty to fraud over ‘unlimited’ scheme– BC Read More »

Uber CEO Dara Khosrowshahi Resigns From Board of Self-Driving Truck Startup Aurora– BC

Leave a Comment / Aurora Innovation, Startups, Transportation, Uber, uber freight / By Salsa Noreen

Dara Khosrowshahi is resigning from the board of directors of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his current responsibilities as CEO of Uber and reduce the board’s outside commitments, according to a regulatory filing on Friday. Khosrowshahi’s resignation was effective Tuesday. Aurora says Khosrowshahi’s decision to leave the board

Uber CEO Dara Khosrowshahi Resigns From Board of Self-Driving Truck Startup Aurora– BC Read More »

New Year’s cybersecurity resolutions that every startup must achieve– BC

Leave a Comment / cyberattacks, cybersecurity, healthcare, Security, Startups / By Salsa Noreen

As regular britcommerce readers will know, 2024 was, like previous years, full of data breaches, ransomware attacks, and massive hacks that exploited some of the most trivial software vulnerabilities. Even the best-resourced organizations have failed to keep hackers out of their systems over the past twelve months. AT&T experienced its second massive breach of the

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Trump asks Supreme Court to halt impending TikTok ban– BC

Leave a Comment / bytedance, Donald Trump, Government & Policy, Social, Startups, TikTok, TikTok Ban / By Salsa Noreen

Lawyers representing President-elect Donald Trump have asked the Supreme Court to suspend a law that would force TikTok owner ByteDance to sell the short-form video app or ban it in the United States. If the app does not sell, the ban will go into effect in a few weeks, on January 19. ByteDance is challenging

Trump asks Supreme Court to halt impending TikTok ban– BC Read More »

Bench closes, leaving thousands of companies without access to accounting and tax documents– BC

Leave a Comment / accounting, bain capital ventures, bench, Fintech, SaaS, Startups, Venture / By Salsa Noreen

Bench, a Canada-based accounting startup that offered software as a service to small and medium-sized businesses, abruptly closed, according to a notice posted on your website. “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and

Bench closes, leaving thousands of companies without access to accounting and tax documents– BC Read More »

AI sales rep startups are booming. So why are venture capitalists cautious?– BC

Leave a Comment / Ai, HubSpot, Index Ventures, Jasper, Salesforce, signalfire, Startups, Venture, Zoominfo / By Salsa Noreen

When you really research venture capitalists about investing in AI startups, they will tell you that companies are experimenting big, but are slow to add AI solutions to their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.

AI sales rep startups are booming. So why are venture capitalists cautious?– BC Read More »

Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC

Leave a Comment / Ai, Elon Musk, Enterprise, Funding, Fundraising, Generative AI, startup, Startups, xAI / By Salsa Noreen

Updated December 25 at 12:21 pm Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s artificial intelligence company, has increase $6 billion in a Series C financing round. The company announced this week in which Andreessen Horowitz, Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy

Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC Read More »

Onyx Motos is back, a year after its owner died leaving the company in ruins– BC

Leave a Comment / ebikes, electric motorcyle, onyx motorbikes, Startups, Transportation / By Salsa Noreen

A year after Onyx Motorcycles owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce that I have resurrected my original brand Onyx with amazing sponsors!” Founder Tim Seward wrote in a LinkedIn post on Mondays. “Onyx

Onyx Motos is back, a year after its owner died leaving the company in ruins– BC Read More »