French startup 900.care wants to try something new.
Instead of buying a new bottle of shower gel every time you need some shower gel, the startup focuses on the active ingredients.
On your first order, you receive an empty, reusable plastic bottle with a pump.
The next time you need more shower gel or shampoo, you only need a new stick (and some tap water).
In addition to shampoo and shower gel, 900.care also sells foaming hand soap, dish soap, laundry and dishwasher tablets, as well as a few other products.
Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors.
Embr now owns the intellectual property associated with the Badger pickup truck, as well as the assets related to Nikola’s abandoned off-road and personal water craft vehicles.
News of the deal to sell the Badger program comes at an odd time.
But it revealed the Badger pickup in February 2020, just a few months before it went public in a merger with a special purpose acquisition company.
Worthen said Nikola is clawing back 500,000 of those shares Milton gave Sparks as part of the deal.
Softbank is selling its Open Opportunity Fund to its chairman and managing partner, Paul Judge, and Marcelo Claure, who is being appointed the fund’s vice chairman and general partner.
Judge and Claure will fully own the firm’s $100 million Open Opportunity Fund 1, the $150 million Fund 2, as well as the entire portfolio.
Claure called the acquisition a “significant milestone,” saying it “demonstrates a concrete move towards more diverse representation within all layers of the venture capital ecosystem.”Softbank rebranded its Opportunity Growth Fund to Open Opportunity Fund (OOF) earlier this year, and appointed Judge as its chairman, who became co-owner of the Fund.
Fund 1 deployed $100 million in 75 Black-and-Latino companies, yielding seven exits and 46 follow-on rounds.
Fund 1 companies may also receive funding from Fund 2 on a “case-by-case basis,” Judge said.
As part of the deal, Lookout will continue to develop its flagship product, oversight platform Security Advisory Pro, and remain a major contributor to the Open Source community. The company’s…
SoftBank Ventures Asia is one of the several investment arms of SoftBank, one of the largest telecommunications and internet companies in Japan. SBVA has invested in a number of tech…
The new startup, Careem Super, will focus on providing ride-hailing and microtransportation services through innovative technology. The company is backed by Emirates Telecommunications Group Company, one of the world’s largest…
Dick’s Sporting Goods is a well-known sporting goods retailer and Moosejaw is an up and coming e-commerce outdoor retailer. The two companies have been working together to develop e-commerce offerings…
Ford Motor Company’s stake in Rivian, the electric vehicle maker, has been dropping steadily since May 2022. Ford’s stake in Rivian is now at 1.15% or 10.5 million shares, which…
