Monthly Archives: September 2022

Headspace Health acquires inclusive mental health and wellness app Shine

Headspace Health is acquiring Shine, a mental health and wellness app dedicated to providing an inclusive mental health experience for the BIPOC community, the company announced on Thursday. The financial terms of the deal were not disclosed. Headspace Health says the acquisition of the New York-based company will expand its ability to provide more inclusive…

Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Fast-forward a year later, the startup has laid off multiple employees and now its CEO and COO have been relieved from their duties after allegedly mismanaging funds. Here’s what we know so…

OfftheGrid, a new Tinder-like travel app, helps travelers meet up and discover destinations

Launching today, a new app called OfftheGrid aims to bring a Tinder-like experience to the travel market, by having its users swipe and chat with like-minded travelers while also discovering unique places to visit. The app gives users a way to share photos and videos of their travels, post about an upcoming trip, arrange meetups…

What Minneapolis investors are looking for (hint: It’s not just Minnesota startups)

For this week’s City Spotlight: Minneapolis, I had the honor of interviewing Mary Grove, managing partner of Bread & Butter Ventures, and Justin Kaufenberg, managing director of Rally Ventures, about their investment strategies. Both are based in Minneapolis, and they are using the city as a lookout tower for what’s happening across the U.S. Those…

Zipline lands departing Verily CFO, Tesla veteran Deepak Ahuja

Zipline has hired departing Verily CFO and Tesla veteran Deepak Ahuja as its first chief business and financial officer, an appointment that comes as the drone delivery and logistics startup accelerates its global expansion in Africa, the United States and other regions. Ahuja, who is leaving his post at Alphabet’s unit Verily Life Sciences, will…