Startups - Spark Newswire

2 minute read

Nikola Goes Private To Raise Up To $300M In New Money

Today, 4:01 AM

Nikola Corp. (NASDAQ: NKLA) will sell up to $300 million in new shares to investment banker Tumim Stone Capital, bypassing a public offering for new money to keep electric truck and hydrogen fueling station production on track.

NKLA

3 minute read

Top Lordstown Motors Executives Out As SPAC-Backed Startup Teeters

By FreightWaves

Today, 4:01 AM

The top two executives at Lordstown Motors Corp. (NASDAQ: RIDE) are out following an internal investigation that found some truth to short-seller Hindenburg Research's allegations of phony preorders for the company's planned commercial electric pickup trucks.

1 minute read

Thrasio In Talks To Merge With SPAC Churchill Capital V: Report

By Bibhu Pattnaik

Today, 4:01 AM

Thrasio, a start-up company that rolls up Amazon.com, Inc. (NASDAQ: AMZN) marketplace brands, is in talks to go public through a merger with the blank check company Churchill Capital V Corp (NYSE: CCV),

AMZN

2 minute read

Shippo Reaches Unicorn Status With $50M Raise

By FreightWaves

Today, 4:01 AM

Shippo, an e-commerce shipping platform, has announced it has raised $50 million in new funding led by Bessemer Venture Partners. The company has raised a total of $154.3 million since 2014. This round has pushed Shippo to unicorn status, now valued at $1 billion.

AMZN

4 minute read

Exclusive: Danny Cortenraede’s Tips For Entrepreneurship, Growing Brands Like 433

By Renato Capelj

Today, 4:01 AM

The pandemic devastated the global economy. That’s well-known. What’s not often discussed is the surge in new business formations.

AAVMY

6 minute read

15 Innovative Companies Disrupting Their Industries

By Jared Polites

Today, 4:01 AM

The world of business is constantly evolving, especially when macroeconomic factors and unexpected events take place. 2020 has provided just that, giving companies a chance to pivot, innovate, and do what they can to adapt and continue thriving.

AMZN

2 minute read

Ethos Aims To Improve Life Insurance With $35M Funding Round

By Hannah Genig

Today, 4:01 AM

Startup insurance company Ethos has altered the way life insurance is offered and applied. Not only does the company have the ability to process applications in minutes, Ethos offers term life insurance ranging between 10 and 30 years.

GOOG