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Coatue direct deposits $20M into Pinwheel, a payroll API for neobanks – TechCrunch

One of the most strategically important financial relationships for neobanks is becoming the account destination for a user’s paycheck. If you’re a bank and you own that specific relationship, users will increasingly use that account for everything from daily spending to saving (after all, that’s where their money is going). That activity in turn leads […]

Merlin Labs emerges from stealth to bring autonomy to 55-King Air fleet – TechCrunch

When Merlin Labs founder Matt George was learning to fly in Vermont, he had a close call with a Jet Blue aircraft that was coming into Burlington airport. It was “an unsettling experience,” he told TechCrunch, but one that stuck with him. A few years later, after the transportation company he founded Bridgj was acquired […]

Bowery Farming Secures $300 Million in Series C Funding to Accelerate Growth

Bowery Farming Secures $300 Million in Series C Funding to Accelerate Growth
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Plant Pathologist - Kearny (NJ) USA

Plant Pathologist - Kearny (NJ) USA     Bowery Farming, the Modern Farming Company, was founded in 2015 with the belief that technology and human ingenuity can grow better food for a better future. Propelled by its proprietary software system, the BoweryOS, Bowery builds smart indoor vertical farms that deliver a wide variety of Protected Produce - in little time, near cities they serve, for a truly local approach. Bowery’s farms are growing the next generation of vibrant and flavorful produce. They’re 100 times more productive on the same footprint of land than traditional agriculture, and grow traceable pesticide-free produce - the purest, best expression of what produce is meant to be - with a fraction of the water and land. 

Irish start-up &Open to double headcount after €5 9m funding round

The corporate gifting services provider counts Airbnb, Spotify and Peleton among its clients 20th May, 2021 Jonathan Legge, Ciara Flood and Mark Legge, co-founders of &Open which is set for expansion. Picture: Linda Brownlee/East Photographic. &Open, the Dublin-based corporate gifting start-up, said it would double its employee headcount to more than 60 after raising €5.9 million in seed funding. The funding round was led by First Round Capital and Local Globe, the venture capital firms. Angel investors include Des Traynor, a founder of Irish unicorn start-up Intercom, Liam Casey, founder and chief executive at PCH, and Andrew Robb, the former chief operating office at Farfetch, the luxury fashion platform.

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