Startups

Open Source

Educational tech startup Pi-Top - which wants to make coding fun for kids - lands millions to expand

Educational tech startup Pi-Top has landed $16 million for expansion, including at its U.S. headquarters in Austin. The lead investors in the deal were Hambro Perks and Committed Capital. The investment brings Pi-Top’s total funding to $22.5 million...

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Open Source

Venture investing in Austin stayed strong in second quarter, new report shows

Thanks to five deals of more than $20 million each, venture capital activity in Austin stayed strong in the second quarter. A total of $306.6 million was raised by 37 companies during the quarter, according to a survey by PricewaterhouseCoopers and...

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Austin firm The Zebra -- the ‘Kayak for car insurance’ -- doubling staff size, moving HQ to East Austin

The Zebra, an Austin company that last year raised $40 million and has been backed by Texas billionaire Mark Cuban, has big plans for 2019. The Zebra says it expects to double its workforce from about 100 employees to 200 by the end of 2019. And next...

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Uber launches shared bike service in Austin, entering crowded market

Technology’s next disruption of Austin’s transportation system has arrived in the form of dockless bikes. And this time, heavyweights in the transportation industry are butting in. Uber, the brand known for its automobile ride-hailing service, on...

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Open Source

Freight brokerage startup Arrive Logistics is cruising with multimillion-dollar infusion

Freight brokerage startup Arrive Logistics is cruising with a new infusion of more $10 million. The Austin-based company received the funding from Lead Edge Capital, a New York-based venture capital firm focused on software, internet and technology-enabled...

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Open Source

Online retailer Spreetail sets up shop in Austin, plans to hire 100-plus

Nebraska-based online retailer Spreetail is opening shop in downtown Austin, with plans to hire dozens of workers in the next year. The company, based in Lincoln, Neb., sells home and garden products online, from vacuum cleaners and blenders to lawnmowers...

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Former Stratfor CEO David Sikora launches Austin blockchain security firm, ALTR

In another indication that Austin’s roster of blockchain-related startups is growing quickly, a new firm with about 25 employees, $15 million in funding and an enviable roster of software-veteran advisors, has come out of stealth mode to launch today...

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Think jeans shopping is the worst? An Austin woman can help – with AI

It began a few years ago in a fitting room. “I had a really hard time in a boutique once trying to find jean that fit and i remember thinking to myself there has to be a technology solution for this,” said Kelly Ernst. “I tend to tie a lot of my self...

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Welcome to the startup farm: Why three startups are sharing one Austin house

When Sam Lillie found out that his Washington-based startup Vinder was accepted into a new Austin accelerator program, his plan was to live in his van during the four-month program. He and co-founder Mark DeJarnatt spent three days driving from Port...

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Open Source

German lighting manufacturer to purchase Austin’s Fluence Bioengineering 

Austin-based smart farming company Fluence Bioengineering is being acquired by German lighting manufacturer OSRAM, the two companies announced this week. The purchase price was not disclosed, and it is not clear when the sale will close. With the...

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