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More new space consolidation as Voyager Space Holdings acquires Pioneer Astronautics

It’s beginning to be a sign of the times: smaller or younger space companies getting acquired by larger entities. Today, the company being acquired is Pioneer Astronautics, which has been bought by Voyager Space Holdings in a combined cash and stock deal. Voyager, which bills itself as the “first space-focused holding company,” now has a portfolio...

Superstrata opens pre-orders on a pair of 3D printed bicycles

There’s one thing I can’t stop thinking about every time I look at the Superstrata: Just how quickly the thing would get stolen. That’s no knock against the bike itself — in fact, it’s probably a point in its favor. If anything, it’s probably just another in a long list of signs that I’ve been living in New York City for too long. The Superstrata...

Get a free annual Extra Crunch membership when you register for Early Stage 2020

We’re a few days away from kicking off TC Early Stage 2020. Join us on July 21-22 for a two-day online masterclass designed to help early-stage startup founders build their business and keep moving forward. Bonus: Buy your ticket now and you’ll get a free annual membership to Extra Crunch, our subscription program focused on startups, founders, and...

Robinhood raises $320M more, bringing its latest round to $600M at an $8.6B valuation

The stakes keep getting higher for American discount brokerage Robinhood, which today disclosed that it has added hundreds of millions of dollars to its previously disclosed funding round. Including the $280 million that the company had already announced, Robinhood said that it was “pleased to share” that it “raised an additional $320 million in subsequent...

Second-quarter VC investing totals appear lackluster

The second quarter’s venture capital results are coming into focus. The Exchange will have more notes on Q2’s venture results this week, but this morning we’re digging into our first dataset concerning what happened in the world of private capital from April through June. Crunchbase News — a place I used to work, it feels fair to note — ran its usual...

The new school

Joe Apprendi Contributor Share on Twitter Joe Apprendi is a founder and general partner at Revel Partners. More posts by this contributor Retail role play Taxing your privacy Higher education is being transformed by COVID-19, but it goes beyond...

Microsoft’s Flight Simulator 2020 will launch on August 18

After a series of closed alpha tests, Microsoft’s Xbox Game Studios and Asobo Studios today announced that the next-gen Microsoft Flight Simulator 2020 will launch on August 18. Pre-orders are now live and FS 2020 will come in three editions, standard ($59.99), deluxe ($89.99) and premium deluxe ($119.99), with the more expensive versions featuring...

Autonomous drone startup Skydio rises $100 million and launches the X2 commercial drone

Skydio has raised a $100 million Series C funding round, which was led by Next47 and includes participation from other new investors Levitate Capital and NTT DOCOMO Ventures, as well as existing investors A16Z, IVP and Playground. This new funding will help the drone maker move faster on its product development efforts, and expand its go-to-market...

Apple allocates its first $400M from $2.5B commitment to address California’s housing crisis

Apple announced this morning it’s allocating more than $400 million toward affordable housing projects and other homeowner assistance programs in California, as a part of its earlier multiyear pledge of $2.5 billion to address the state’s housing crisis and homelessness issues. The funding is expected to support thousands of Californians with first-time...

India seeks new regulator for nonpersonal data

India should set up a data regulator to oversee how companies collect, process, store, monetize and even destroy nonpersonal data (or data that has been anonymized), a panel tasked by New Delhi has recommended in a draft report. The eight-person panel said that companies such as Google, Facebook, Amazon and Uber have benefited from a combination of...

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