Standard Cognition lands $35M at $535M valuation to battle Amazon Go

EQT Ventures, Initialized Capital, CRV and Y Combinator have fueled Standard Cognition with another $35 million to help retailers battle Amazon. The deal values the San Francisco-based autonomous checkout startup, founded in 2017, at $535 million. Standard Cognition implants its AI-powered computer vision platform, which enables the autonomous checkout process, in brick-and-mortar stores. To date, […]

Freedom Robotics raises $6.6M to take the hassle out of founding a robotics startup

After years — decades even — of promises, the robotics industry is finally beginning to realize its potential. Nowhere is this phenomenon clearer than in the world of warehouse automation. Freedom Robotics, a new Bay Area-based startup, came out of stealth this week with plans to help ease the barrier of entry for companies to […]

Startups Weekly: Will the real unicorns please stand up?

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s noteworthy venture capital deals, funds and trends. Before I dive into this week’s topic, let’s catch up a bit. Last week, I wrote about the sudden uptick in beverage startup rounds. Before that, I noted an alternative to […]

Bringing tech efficiencies to the agribusiness market, Silo harvests $3 million

Roughly $165 billion worth of wholesale produce is bought and sold every year in the U.S. And while that number is expected to go up to $1 trillion by 2025, the business of agribusiness remains unaffected by technology advancements that have reshaped almost every other industry. Now Silo, a company that recently raised $3 million […]

Landed raises $7.5 million Series A to help teachers buy homes

Teachers are notoriously underpaid, and buying homes is notoriously expensive. This is where Landed, which just raised a $7.5 million Series A round led by Initialized Capital, comes in. Landed helps educators buy homes by providing them with down-payment assistance. That’s because many teachers leave their jobs due to a lack of stable housing. In […]

Startups Weekly: A much-needed unicorn IPO update

As I’m sure everyone reading this knows, female-founded businesses receive just over 2 percent of venture capital on an annual basis. Most of those checks are written to early-stage startups. It’s extremely difficult for female founders to garner late-stage support, let alone cash $100 million checks. Maybe that’s finally changing. This week, not one but […]

Erectile pharmacy app Ro launches telehealth service for women

Six months ago, Roman, the cloud pharmacy for erectile dysfunction, dropped the “man” to become “Ro.” At the same time, the company raised a monstrous Series A funding round of $88 million and unveiled Zero, a product meant to help people quit smoking, a root cause of ED. Now, Ro is addressing a different demographic. […]

Zeus raises $24M to make you a living-as-a-service landlord

Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs meant for shorter stays. But Zeus lets any homeowner get paid to host white-collar transient labor. Through its managed ownership model, Zeus takes […]

Truepill, the ‘AWS for pharmacies,’ gets $10M from Initialized Capital

Venture capitalists’ latest on-demand delivery bet is in the pharmaceutical space. Truepill, an online pharmacy powering delivery for the likes of Hims, Nurx, LemonAID and other direct-to-consumer healthcare brands, has nabbed a $10 million Series A from early-stage VC fund Initialized Capital. The investment brings the Y Combinator graduate’s total raised to $13.4 million. Y […]

Medivis has launched its augmented reality platform for surgical planning

After two years of development, Medivis, a New York-based company developing augmented reality data integration and visualization tools for surgeons, is bringing its first product to market. The company was founded by Osamah Choudhry and Christopher Morley who met as senior residents at NYU Medical Center. Initially a side-project, the two residents roped in some […]