FOLX powers LGBTQ+ telehealth support groups with $30M round

FOLX Health, a telehealth company catering to the LGBTQIA+ community, closed a fresh $30 million round of funding, which it will use to expand its new support groups feature. The company provides affirming and inclusive care through services such as hormone replacement therapy, PrEP prescriptions, general and sexual health services. FOLX also recently began offering…

Katana, an ERP for SMB manufacturers, raises $34M

Katana, an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. ERP is a form of business management software that can serve any number of functions inside a company, from marketing and risk management, to supply chain management and beyond. Integrations…

Royalty-backed Lightrock packs $834 million into its first climate fund

Lightrock, the London-based backer of neobank Niyo and “wood modification” company Kebony, has secured about $834 million (€860 million) for a new fund focused on climate tech. The private equity and venture firm plans to pump the money into startups in areas such as clean energy, decarbonization and sustainable agriculture. Lightrock will write checks as small…

Trump explicitly told employees to move boxes of White House documents to his Mar-a-Lago residence weeks before the FBI search, sources tell The Washington Post

Former President Donald Trump gets ready to speak during a Save America rally on October 1, 2022 in Warren, Michigan. Trump Emily Elconin/Getty Images Donald Trump was subpoenaed in May for additional sensitive White House records in his possession. A Trump worker alleged that Trump then told employees to move boxes of documents, per a…

US TV advertisers will spend close to $20 billion in this year’s upfronts

TV networks are hoping for a return to normalcy  after a turbulent 2020.  Advertisers will spend $19.90 billion upfront in the 2021-2022 TV season, an increase of 7.6% over the previous cycle. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech innovations, market trends, and your competitors…

Elizabeth Warren presses Texas on crypto miners’ energy use

Elizabeth Warren and six other Democratic senators are pressing Texas’ energy regulator on whether the crypto mining industry is putting additional strain on the state’s grid, and its impact on climate change. In a letter to the Electric Reliability Council of Texas (ERCOT), the senators note that “cryptomining companies are flooding into states like Texas,”…

Impossible Foods has a big new offering in the works: filet mignon

Progress is being made on a truly impossible-seeming area of plant-based meat products: steak. And not just any steak, a filet mignon.  At MIT Technology Review’s ClimateTech event this afternoon, Impossible Foods CEO and founder Pat Brown shared that while he couldn’t give an exact date for when the company’s steak product will be ready…

PLAY WHAT? by Jon Scieszka

Humpty Dumpty sat on a wall. ​Humpty Dumpty had a great fall. ​And … isn’t it just mind-boggling that chances are, if you are reading this, that you know exactly what happens next with Humpty? ​Just like a reader over 200 years ago? ​Before I started writing for kids, I taught elementary school in New York City….