SWORD Health, a virtual musculoskeletal care platform founded in 2015, announced today that it has raised an $85 million Series C funding round led by General Catalyst. Other participating investors included BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital and Green Innovations. The funding comes months after the company raised a $25 million […]
Monthly Archives: June 2021
Virgin Orbit successfully launches its first commercial payloads to space
Virgin Orbit had a successful first commercial launch, meaning there’s now officially another small satellite launch provider in operation with a track record of delivering payloads to space. Virgin Orbit’s LauncherOne rocket took off from its carrier aircraft at around 11:45 AM EDT today, and the spacecraft had a successful series of engine fires and […]
DOJ files 7 new charges against alleged Capital One hacker
The U.S. Department of Justice (DOJ) has filed seven new charges against Paige Thompson, the former Amazon Web Services (AWS) engineer accused of hacking Capital One and stealing the personal data of more than 100 million Americans. The new charges, which include six counts of computer fraud and abuse and one count of access device […]
What being a physician taught one astronaut about living in space
How have these experiences colored and affected your time in space? Every astronaut is different. There is no set path. What space agencies really look for is a kind of jack-of-all-trades, because once you are up in space, you have to be able to tackle pretty much any problem. I really am an engineer at […]
Rocket startup Gilmour Space raises $46M Series C to take small launch vehicle to orbit
Australian rocket launch startup Gilmour Space Technologies is betting that bigger isn’t always better. The company has developed a small launch vehicle it calls Eris, a 25 meter (82 foot) rocket that can deliver payload of up to 215 kilograms (474 lbs) to sun synchronous orbit. Now, it’s raised a $61 million AUD ($46 million […]
5 reasons why should you attend TC Early Stage 2021: Marketing
It’s almost go-time for all you early-stage startup founders. That’s right, on July 8-9 thousands of determined entrepreneurs around the world will gather virtually for the best little two-day bootcamp we like to call TC Early Stage 2021: Marketing and Fundraising. Two days focused on the bottom-line essentials to build your start up the right […]
Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community
Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. The banks in nearly all cases are trying to meet the needs of certain populations that they believe are feeling left out or underserved by traditional financial institutions. The latest such neobank to emerge is New York-based […]
Concert livestreaming platform Mandolin raises $12M
Mandolin just marked its first birthday earlier this month, and yet the Indianapolis-based startup is already announcing a $12 million Series A. That’s a quick follow up to the $5 million seed it raised in early October of last year. Turns out the global pandemic is a pretty fortuitious time to launch and grow a […]
For US and Chinese startups, the IPO market is increasingly a two-tier affair
The American IPO market is hot for many companies, but surprisingly cool for others. The gap between the two cohorts of private companies looking to list is becoming notable. When Chinese ride-hailing giant Didi first set an IPO price range, The Exchange was curious about why the company felt so inexpensive. Compared to its American […]
Instagram is developing its own version of Twitter’s Super Follow with ‘Exclusive Stories’
Instagram is building its own version of Twitter’s Super Follow with a feature that would allow online creators to publish “exclusive” content to their Instagram Stories that’s only available to their fans — access that would likely come with a subscription payment of some kind. Instagram confirmed the screenshots of the feature recently circulated across […]