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Instacart's latest multi-million dollar cash injection will help it scale its business post-pandemic

1 month ago   |   By Business Insider

Summary List Placement Online grocery delivery firm Instacart just raised $265 million in funding, bringing its valuation to $39 billion and more than doubling its valuation from its previous funding round in October.
Instacart plans to use the funding to increase corporate headcount by 50% as well as for initiatives like Instacart Marketplace, which helps connect customers to retailers, and Instacart Enterprise, the company's end-to-end ecommerce solutions for grocers.
Demand for online grocery has skyrocketed during the pandemic, positioning Instacart well for growth along the way. US...
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UK's answer to Zoom, Hopin raises $400M, now valued at $5.65B

UK's answer to Zoom, Hopin raises $400M, now valued at $5.65B

1 month ago   |   By UKTN

London-based Zoom rival, Hopin has just announced to have raised $400M in Series C funding and has tripled its valuation in just a year of its launch. The Covid unicorn which is virtual events platform grabbed the funding co-led by new investors Andreessen Horowitz and General Catalyst, and existing investor IVP, with participation from returning investors Coatue, DFJ Growth, Northzone, Salesforce Ventures and Tiger Global.
The funding follows Hopin's $125 million Series B funding announced in November 2020. Since then, Hopin has added 30,000 customers including Poshmark, American Express...
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Virtual events startup Hopin raises its 4th funding round in 20 months, more than doubling its valuation to $5.65 billion

Virtual events startup Hopin raises its 4th funding round in 20 months, more than doubling its valuation to $5.65 billion

1 month ago   |   By Business Insider

Summary List Placement Digital events startup Hopin has raised its fourth funding round in just 20 months with a $400 million capital injection led by Silicon Valley giants Andreeseen Horowitz and General Catalyst.
London-headquartered Hopin, which is less than two years old and has yet to publish its first financials, has now achieved a valuation of $5.65 billion. The startup has been a winner of the pandemic as events organizers scrambled to move conferences online. Hopin provides software to bring conferences and live events online and says it is bringing thousands of new organizations...
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David Cameron breaks silence on Greensill lobbying row

David Cameron breaks silence on Greensill lobbying row

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Florida man, 30, 'bites, beats and squeezes two-year-old boy to death for...

Florida man, 30, 'bites, beats and squeezes two-year-old boy to death for urinating on the couch'

Police in Lakeland, Florida, say Alegray Damiah Jones, who was in a relationship with the boy's mother, admitted to hitting the toddler until he passed out. Read more ...

Trump predicts that the GOP will retake Congress in 2022 and the White House...

Trump predicts that the GOP will retake Congress in 2022 and the White House in 2024

Summary List Placement Former President Donald Trump on Saturday expressed optimism that Republicans would regain control of the House and Senate in the 2022 midterm elections... Read more ...

‘I had not one friend in the job to debrief with': life as an Indigenous...

Veronica Gorrie joined the force to ‘break the cycle of fear' she grew up with. By the time she left, she was carrying additional burdens Back when she was a police officer... Read more ...

US Navy draws mockery after adding a mask to the eagle in service branch's...

US Navy draws mockery after adding a mask to the eagle in service branch's logo on Twitter 

The change to the Navy logo was spotted by Twitter users on Friday, drawing mockery and accusations that the nation's adversaries would be 'laughing' at the update. Read more ...

Bafta Film Awards 2021: How to watch and who is nominated

Nomadland and Rocks lead the nominations for this year's ceremony Read more ...

Scottish Labour distances itself from candidate who made Prince Philip comments

The Scottish Labour Party has moved to distance itself from a Dundee candidate who made social media comments about the party's reaction to the death of Prince Philip. Read more ...

Arkansas Gov. Hutchinson says debate over the anti-trans bill he vetoed is...

Arkansas Gov. Hutchinson says debate over the anti-trans bill he vetoed is about 'the future' of the GOP

Summary List Placement Arkansas Gov. Asa Hutchinson, a Republican, said Sunday the bill targeting healthcare for transgender youth he vetoed last week went "too far" and said... Read more ...

Baftas 2021: Britain's big film awards night - live!

All the action as Bafta goes virtual for its star-studded awards ceremony and the industry's best-known names wait with bated breath 6.28pm BST Welcome, one and all, to the... Read more ...

Israel appears to confirm it carried out cyberattack on Iran nuclear facility

Shutdown happened hours after Natanz reactor's new centrifuges were started Israel appeared to confirm claims that it was behind a cyber-attack on Iran's main nuclear facility... Read more ...