Peter Thiel-backed Driverless Car Startup Luminar to go public in $ 3.4B merger
SpaceX is raising up to $ 1 billion at a valuation of $ 44 billion
A SpaceX Falcon 9 rocket is launched carrying the company’s Crew Dragon spacecraft on the Demo-2 mission with NASA astronauts Robert Behnken and Douglas Hurley on board. NASA / Bill Ingalls Space Exploration Technologies, Elon Musk’s reusable rocket and satellite Internet company, is in talks to raise $ 500 million …
Read More »Bird, Mixpanel, Grindr in the list
A number of startup-backed tech startups were among companies that received loans under a program aimed at mitigating economic damage from Covid-19, according to data released Monday by the Trump Administration. The data follows Democrats’ demands for greater transparency around the Paycheck Protection Program, or PPP, funds established as part …
Read More »Uber Buys Postmates Food Delivery Service For $ 2.65 Billion In Stock
Uber has purchased the Postmates food delivery service for $ 2.65 billion in shares, the companies announced Monday. The deal brings together the fourth-largest food delivery service in the US with Uber Eats, which only beats DoorDash in market share, according to Second Measure and Edison Trends. The companies said …
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