Posts filtered by tags: Nea[x]


 

Turns Out It’s Not So Tough To Go From Tragedy To Comedy

Jane Alexander, the 80-year-old actress who has starred in Ibsen, Shakespeare, and Chekhov, and, not incidentally, who was head of the NEA during the (first) culture wars, is onstage again, “eliciting raucous laughter” this time. – The New York Times
Tags: Art, Theatre, Nea, Chekhov, Jane Alexander, 02.22.20, Ibsen Shakespeare


Autonomous yard trucking startup Outrider comes out of stealth with $53 million in funding

The 400,000 distribution yards located in the U.S. are critical hubs for the supply chain. Now one startup is aiming to make the yard truck — the centerpiece of the distribution yard — more efficient, safer and cleaner, with an autonomous system. Outrider, a Golden, Colo. startup previously known as Azevtec, came out of stealth Wednesday to announce that it has raised $53 million in seed and Series A funding rounds led by NEA and 8VC. Outrider is also backed by Koch Disruptive Technologies, ...
Tags: Startups, TC, Texas, Technology, Colorado, Trailer, Tech, Automotive, United States, Vehicles, Transport, Trucks, Smith, Nea, Self-driving Car, Andrew Smith


Big meditation money, new VC funds, and how do you value Airbnb?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. After having a good time with NEA’s Rick Yang last week, we thought we’d bring on another venture capitalist. So this week Danny and I had Elliott Robinson from Bessemer swing over for the show. As it turned out, he was about as correct as guest as possible as not only did the topics of the week line up with where he invests, he’s also friends with some of the folk...
Tags: Fundings & Exits, Startups, TC, Podcasts, Softbank, Venture Capital, Equity, Nea, Bessemer, Danny, Rick Yang, Equity podcast, Recent Funding, Elliott Robinson, Equal Ventures, Brandless RIP


Where top VCs are investing in construction robotics

Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. Last November, we surveyed 13 of the top robotics-focused VCs to find out which areas of robotics are exciting them most going into 2020. One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing. In 2019 alone, the robotics space saw roughly 600 venture-backed fundra...
Tags: Fundings & Exits, Startups, TC, Real Estate, Funding, Tech, Venture Capital, Construction, Robotics, Buildings, True Ventures, Building, Matt Murphy, Menlo Ventures, Nea, Felicis Ventures


Walmart shuts down its experimental personal shopping service, Jet black

Walmart is shutting down its personal shopping service, Jet black, on February 21, after struggling to find adoption or additional investment. The service had allowed New York-area customers to text message orders for home delivery. According to its website, Jet black will now no longer accept new orders and will refund its customers their most recent $50 monthly membership fee. The retailer is trying to spin the shutdown as a learning experience, noting that part of the initiative was to test a...
Tags: Ecommerce, New York, Microsoft, America, Tech, Walmart, Retail, M-commerce, Journal, Nea, Scott Eckert, Walmart Grocery, Jet Black, Fleiss, Store No. 8, Jenny Fleiss


SoftBank-backed Brandless shuts its doors for good

It was a roller coaster ride — a short one. Brandless, a San Francisco-based e-commerce company that made and sold an assortment of “cruelty-free” products in beauty and personal care, household, baby and pet categories has shut its doors less than three years after officially opening them in July 2017. In a statement provided to the news outlet Protocol, the company cited a “fiercely competitive” retail market. As part of its shut-down, company will reportedly lay off 70 employees, with 10 stay...
Tags: Fundings & Exits, TC, Softbank, San Francisco, Tech, Walmart, Nea, Jeff Brody, Colin Bryant, Ido Leffler, Vision Fund, Brandless, Tina Sharkey, Evan Price Brandless, John Rittenhouse, Brandless Sharkey


Startups Weekly: Asana numbers likely to be what the market wants

[Editor’s note: Want to get this weekly review of news that startups can use? Just subscribe here.]  Asana may get more attention than the average SaaS company due to the Facebook pedigrees and outspoken views of its founders, but in practice it’s a low-profile, cash-efficient machine. Today, the productivity toolmaker does not need to raise cash via a traditional IPO, as we explored this week following its filing for a direct listing, even though it hasn’t raised that much money compared to oth...
Tags: TC, Facebook, Softbank, Tech, Silicon Valley, EC, Alex, Nea, Megan Rose Dickey, Asana, Alex Wilhelm, Cagr, Sophie, Danny, ARR, Carta


"For too long architectural elites and bureaucrats have derided the idea of beauty, blatantly ignored public opinions on style, and have quietly spent taxpayer money constructing ugly, expensive, and inefficient buildings."

"This executive order gives voice to the 99 percent — the ordinary American people who do not like what our government has been building," wrote Marion Smith, chairman of the National Civic Art Society, in a text quoted in "Draft Executive Order Would Give Trump a New Target: Modern Design/The proposed order, called 'Making Federal Buildings Beautiful Again'" (NYT).Also quoted there is architecture professor Roger K. Lewis: "At the most fundamental level it’s a complete constraint on freedom of ...
Tags: Law, White House, Architecture, Hitler, White, Nea, White Supremacy, National Civic Art Society, Ann Althouse, Marion Smith, President Trump, Edgar Hoover, Roger K Lewis


Where top VCs are investing in open source and dev tools (Part 2 of 2)

In part two of a survey that asks top VCs about exciting opportunities in open source and dev tools, we dig into responses from 10 leading open-source-focused investors at firms that span early to growth stage across software-specific firms, corporate venture arms and prominent generalist firms. Where top VCs are investing in open source and dev tools (Part 1 of 2) In the conclusion to our survey, we’ll hear from: Gaurav Gupta, Lightspeed Venture Partners Julia Schottenstein, New Enterpri...
Tags: Fundings & Exits, Startups, TC, Open Source, Enterprise, Funding, Tech, SaaS, Venture Capital, Devops, Lightspeed Venture Partners, Nea, Bain Capital Ventures, Bessemer Venture Partners, New Enterprise Associates, Sapphire Ventures


2020 Chamber Music Conference Continues Focus on Equity and Inclusivity

The annual national conference of Chamber Music America, which takes place in New York City in January, has long been a meeting place for a wide range of musicians and arts professionals and typically offers a wide range of thought-provoking speakers as well as performance showcases for a broad range of small ensembles. But in recent years, the CMA conference has also placed a specific emphasis on equity, diversity, and inclusion in the music sector and has aimed to be a catalyst for positive ch...
Tags: Headlines, Minnesota, New York City, Religion, US, America, Earth, United States, Columbia University, Kansas City, Sonora, Equity, Cma, Nina Simone, Memphis, Suarez


SoftBank-backed startups are bleeding, as investors tighten up scrutiny over loss-making business models. Here's a running list of all the Japanese giant's major investments in tech.

SoftBank has invested hundred of millions of dollars in technology-forward companies since 2008. The company's portfolio includes acquisitions of big names like Boston Dynamics and ARM. Its most recent reported acquisition is WeWork, the embattled coworking startup. In the wake of the WeWork debacle, several other SoftBank startups have also begun to bleed under closer scrutiny of their profit-losing business models. Oyo, Rappi, Getaround and Zume laid off a combined total of 2,600 employees i...
Tags: Uber, Asia, South Korea, Japan, UK, Indonesia, China, Ipo, India, Softbank, Digital, US, Trends, Sprint, Alibaba, WeWork


Daily Crunch: IBM names new CEO

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Arvind Krishna will replace Ginni Rometty as IBM CEO in April Krishna, IBM’s senior vice president for cloud and cognitive software, will take over on April 6 after a couple months of transition. Rometty will remain with the company as chairman of the board. Krishna reportedly drove the massive $34 bil...
Tags: Apple, Elon Musk, Enterprise, Instagram, US, Tech, Sony, Miami, Ibm, Nea, Krishna, Jim Whitehurst, Whitehurst, Ginni Rometty, Rometty, Moda Operandi


Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax

Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million, a mix of equity and debt that it will use to invest in its platform and technology as well as to continue growing business overall, which was founded in 2010 and today offers products from some 1,000 brands and designers and ships to 125 countries. “For the past eight years, Moda has disrupted the w...
Tags: Startups, TC, Ecommerce, Fashion, Instagram, Tech, Vogue, Nea, Moda, Santo Domingo, Apax, Porter, Ganesh, Dan O Keefe, Apax Partners, Luxury Goods


Georgia Now Ranks 49th In Arts Funding. Here’s What That Looks Like

Long one of the stingiest states in terms of support for the arts, Georgia is now virtually at rock bottom, not willing even to put up enough money to collect the full amount of matching funds available from the National Endowment for the Arts. This year’s grants fall $300,000 short of the NEA’s allocations. – ArtsATL
Tags: Art, Georgia, Issues, Nea, 01.24.20


The little-known VC firm behind Visa's $5.3 billion acquisition of Plaid is celebrating its third exit in 2 years. Here's how NewView Capital is rewriting the rules of late-stage investing.

Ravi Viswanathan started NewView Capital in 2018 after leading enterprise investing at top Silicon Valley VC firm NEA for nearly 15 years. As a registered investment advisor, NewView Capital is able to take large stakes in late-stage companies via growth equity or traditional capital, unlike traditional VC firms. Visa's $5.3 billion acquisition of Plaid, a NewView portfolio company, is Viswanathan's third massive exit since starting the firm.  NewView also invested in Acquia, a cloud services ...
Tags: Softbank, US, Trends, Silicon Valley, Nea, Visa, RIA, Vista Equity, Viswanathan, Acquia, Ravi Viswanathan, NewView Capital, NewView


NEA Releases Results Of Latest Survey Of Public Participation In The Arts

Among the key findings: 74% of American adults engage with the arts via electronic media, 54.3% attend arts events, and 53.7% create or perform art themselves. Three states, D.C. and metro Cleveland have particularly high rates of attendance at performances, while Vermont, Montana, and metro Dallas lead in art show attendance, and nearly 90% of adults in greater Philadelphia and Baltimore engage with the arts via electronic media. – National Endowment for the Arts
Tags: Art, Dallas, Philadelphia, Cleveland, Baltimore, Issues, Nea, Audience, National Endowment, Vermont Montana, 01.22.20


ICNY 2020: What to see and do when you’re in New York

If you love exploring big cities, New York City is, as the Schuyler Sisters sing in the Broadway mega-hit "Hamilton," the greatest city in the world. Here are some suggestions for some extracurricular activities, outside of Inman Connect New York.
Tags: New York, New York City, Radio, Broadway, Agent, Lincoln Center, Glenn Close, Hamilton, Nea, La Traviata, Columbus Circle, National Endowment for the Arts, NYC Ballet, Hudson Yards, Select, Inman Connect


NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers

NextNav LLC has raised $120 million in equity and debt to commercially deploy an indoor-positioning system that can pinpoint a device’s location — including what floor it’s on — without GPS . The company has developed what it calls a Metropolitan Beacon System, which can find the location of devices like smartphones, drones, IoT products or even self-driving vehicles in indoor and urban areas where GPS or other satellite location signals cannot be reliably received. Anyone trying to use their ...
Tags: TC, Lyft, Uber, Technology, Bluetooth, Fcc, California, Washington, Virginia, Articles, Tech, Smartphone, Smartphones, Nasa, Chicago, United States


Helping People Change

MOST OF US want to help people. And typically, we go about it by trying to correct a problem. We focus on what we think they should be doing. Makes sense. To us. But it frequently does not create sustainable change in the other person. Richard Boyatzis, Melvin L. Smith, and Ellen Van Oosten suggest a different approach in Helping People Change. Instead of coaching people for compliance, we should be coaching with compassion. The conventional view of coaching is that it is an activity where, “ba...
Tags: Facebook, Leadership, Instagram, US, Change, Robert Lee, Nea, Carnegie, Andrew Carnegie, Richard Boyatzis Melvin L Smith, Ellen Van Oosten


Casper files to go public, shows you can lose money selling mattresses

E-commerce phenom and D2C bright light Casper has filed to go public. The New York-based company that raised nearly $340 million while private, according to Crunchbase data, expects to trade on the New York Stock Exchange under the ticker symbol “CSPR.” Its S-1 filing includes a $100 million placeholder figure for its possible capital raise. The company will need the money, as it loses money and burns cash. Let’s explore just how a mattress company does that. Growth, loss In the full years of ...
Tags: Fundings & Exits, Startups, TC, New York, Sales, Tech, Casper, Getaround, New York Stock Exchange, Nea, New Enterprise Associates, Crunchbase, EBITDA, GAAP, Lerer Hippeau, Lerer


Lily AI raises a $12.5M Series A led by Canaan to accelerate its e-commerce recommendation tech

Lily AI, a startup focused on using deep learning to help brands better convert customers through emotionally tailored recommendations, announced this morning that it has raised a $12.5 million Series A led by Canaan Partners. Prior investors NEA, Unshackled and Fernbrook Capital also took part in the funding event. Prior to its Series A, Lily had raised just a few million, according to Crunchbase data. The round caught our eye for a few reasons. First, the investor leading the round — Maha Ibra...
Tags: Fundings & Exits, Startups, TC, New York, Tech, Nea, Lily, Ibrahim, Gupta, Canaan, Maha Ibrahim, Narayanan, Purva Gupta, Lily Ai, Canaan Partners Prior, Fernbrook Capital


From Apple upping its healthcare ambitions to Walmart acquiring a health insurer, VCs shared the biggest surprises they're watching out for in 2020

2020 could bring a lot of surprises for healthcare companies — both good and bad. While gathering predictions for the year ahead, we asked 10 venture capitalists what they think would be the biggest surprises to hit healthcare in 2020. Those surprises could include some form of "Medicare for All" gaining traction, Amazon making a big healthcare deal, or Apple becoming a medical provider, they said. Subscribe to Dispensed, Business Insider's weekly healthcare newsletter. Click here for more BI ...
Tags: Apple, Google, Amazon, Obamacare, US, Trends, Walmart, House, Nancy Pelosi, Andreessen Horowitz, Nea, Venrock, Trump, Bush, Lux, Roberts


10 top healthcare VCs shared the biggest surprise that could rock 2020, from 'Medicare for All' to Amazon or Walmart buying a health insurer

2020 could bring a lot of surprises for healthcare companies — both good and bad. While gathering predictions for the year ahead, we asked 10 venture capitalists what they think would be the biggest surprises to hit healthcare in 2020. Those surprises could include some form of "Medicare for All" gaining traction, Amazon making a big healthcare deal, or Apple becoming a medical provider, they said. Subscribe to Dispensed, Business Insider's weekly healthcare newsletter. Click here for more BI ...
Tags: Apple, Google, Amazon, Obamacare, US, Trends, Walmart, House, Medicare, Nancy Pelosi, Andreessen Horowitz, Nea, Venrock, Trump, Bush, Lux


U.S. House Votes For Biggest Increase In NEA Funding In Six Years

“The House approved a $1.4-trillion spending package on Tuesday that includes a $7.25-million increase for the National Endowment for the Arts (NEA). This increase is the largest for the NEA since 2013 and brings the organization’s total funding to $162.25 million, its highest since 2010. The spending bills will also increase funding for the National Endowment for the Humanities, the Institute for Museum and Library Services, and the Corporation for Public Broadcasting. The House spending packa...
Tags: Art, Senate, House, Issues, Nea, U S House, National Endowment for the Arts NEA, 12.18.19


Bright Health just added $635 million to its war chest as the health startup plots a massive expansion

Bright Health, a Minneapolis-based health-insurance startup, just raised $635 million, bringing its total funding to more than $1 billion. Bright offers insurance to individuals under the Affordable Care Act and coverage to seniors in Medicare Advantage. It partners with a health system in each market to help set up its insurance plan, and it plans to double its geographic footprint in 2020. The venture-backed health-insurance startups Oscar Health, Clover Health, Devoted Health, and Bright He...
Tags: Florida, New York, Minneapolis, Colorado, America, Trends, Nebraska, ACA, South Carolina, Nea, Clover Health, Medicare Advantage, Mount Sinai Health System, Oscar Health, Bright Health, Centura Health


Chicago’s Sprout Social prices IPO mid-range at $17 per share, raising $150M

On the heels of Bill.com’s debut, Chicago-based social media software company Sprout Social priced its IPO last night at $17 per share, in the middle of its proposed $16 to $18 per-share range. Selling 8.8 million shares, Sprout raised just under $150 million in its debut. Underwriters have the option to purchase an additional 1.3 million shares if they so choose. The IPO is a good result for the company’s investors (Lightbank, New Enterprise Associates, Goldman Sachs and Future Fund), but also ...
Tags: Fundings & Exits, Startups, TC, Enterprise, Ipo, Tech, Chicago, Bill, Nea, Exit, Lightbank, GAAP, ARR, Sprout Social, Bill.com, Lightbank New Enterprise Associates Goldman Sachs


Bryce Dessner: I’m the Same Musician Wherever I Go

Bryce Dessner is the first person we have ever featured on NewMusicBox who glowingly talked about both Paul Simon and Helmut Lachenmann. Like many of the most inventive creative musical minds of the early 21st century, Dessner does not compartmentalize music into different genres. However, it is clear that he has learned different lessons from his immersion into different kinds of music-making and that these lessons have made him a stronger musician, whether he is writing songs and playing lead ...
Tags: Spotify, Europe, New York, Youtube, New York City, Religion, Paul Simon, America, Sufjan Stevens, Brooklyn, Yale, Paris, Amsterdam, Steve Reich, Beethoven, ALEC


Leading robotics VCs talk about where they’re investing

The Valley’s affinity for robotics shows no signs of cooling. Technical enhancements through innovations like AI/ML, compute power and big data utilization continue to drive new performance milestones, efficiencies and use cases. Despite the old saying, “hardware is hard,” investment in the robotics space continues to expand. Money is pouring in across robotics’ billion-dollar sub verticals, including industrial and labor automation, drone delivery, machine vision and a wide range of others. Acc...
Tags: Fundings & Exits, Startups, Y Combinator, Hardware, Virginia, Tech, United States, Venture Capital, Robotics, Nea, New Enterprise Associates, Eric Migicovsky, Yc, Shasta Ventures, Hax, Starship Technologies


LA-based gaming studio Scopely raises $200M at a $1.7B valuation

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.7 billion. Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive mobile games that will gross $100 million or more in lifetime revenue. The new investment follows Scopely’s milestone of achieving more than $1 billion in lifet...
Tags: TC, La, America, Los Angeles, Tech, Bank, Scopely, Louisiana, Driver, Nea, Accel, Mobile Game, Walter, Electronic Arts, Walter Driver, Jam City


LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 billion. Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive mobile games that will gross $100 million or more in lifetime revenue. The new investment follows Scopely’s milestone of achieving more than $1 billion in lifet...
Tags: Travel, TC, La, America, Los Angeles, Bank, Scopely, Louisiana, Driver, Nea, Accel, Mobile Game, Walter, Electronic Arts, Walter Driver, Jam City