Author: Kate Clark

Civil, the blockchain journalism startup, has partnered with one of the oldest names in media

Civil, the two-year-old crypto startup that wants to save the journalism industry by leveraging the blockchain and cryptoeconomics, has partnered with the 172-year-old Associated Press to help the wire service stop bad actors from stealing its content. Civil, using its blockchain-enabled licensing mechanism, which is still in development, will help the AP track where its content is going and whether it’s licensed correctly. In exchange, the AP has granted the newsrooms in Civil’s network licenses to its content. Civil, which has raised $5 million from the blockchain venture studio ConsenSys, plans to make the licensing tool available to all the...

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Another food delivery startup, Foodsby, rakes in venture capital funding

Venture capitalists are still hungry for food delivery startups. Foodsby, the provider of a lunch delivery service based out of Minneapolis, has raised a $13.5 million Series B led by Piper Jaffray Merchant Banking. Greycroft Partners, Corazon Capital and Rally Ventures also participated. With the new capital, Foodsby plans to expand to 15 to 25 new markets. The round brings Foodsby’s total raised to $21 million. “We have established a successful model for new market entry with a tried and true combination of talent and technology,” Foodsby founder and CEO Ben Cattoor said in a statement. “We look forward to...

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Bellwether Coffee raises $10M to bring more transparency to the coffee industry

Caffeine-infused meal replacement products may be all the rage among techies, but a good ol’ cup of joe is still the choice morning beverage for most of us. To capitalize on America’s insatiable coffee habit, Bellwether Coffee has raised a $10 million Series A and begun selling its zero-emissions commercial roaster and online coffee bean marketplace to cafés and grocers. The funding follows a $6 million seed round in 2016. Congruent Ventures led the round for the Berkeley, Calif.-based startup, with participation from FusionX Ventures, Tandem Capital, New Ground Ventures, Hardware Club, XN Ventures and SolarCity founders Pete and Lyndon...

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