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Xometry Raises $23M To Grow Marketplace

PYMNTS

Founded in 2014, the Maryland-based company has grown rapidly over the past few years. The company recently raised $23 million in new funding from GE Ventures and existing investors, including Highland Capital Partners. “GE GE is a terrific brand to be aligned with for us and our manufacturing partners.”. industries.

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Sizzle/Fizzle: AI Soars, Toys R Us Sinks And Start-Ups Struggle

PYMNTS

The slowdown in new businesses being founded in the 1980s and 90s was largely quarantined to certain segments – especially retail, where corner stores and regional brands were falling to larger national chains. But the new shape of the slowdown has caught economists somewhat off guard and raised concerns.

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Hit The Ground Running: 15 Early-Stage Fitness Tech Startups To Watch

CB Insights

Select Investors : StartLab Galway, Enterprise Ireland, Notion Capital. With a class-based and mobile first philosophy, Glofox is another company capitalizing on increased consumer interest in boutique fitness by combining a cloud-based business management platform with a white label mobile app. Headquarters: Baltimore, Maryland.

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Disrupting The Car: How Shared Cars, Bikes, & Scooters Are Reshaping Transportation And Cannibalizing Car Ownership

CB Insights

Dockless systems, which allow users to park their bike or scooter anywhere along the sidewalk rather than in a fixed docking station, are more convenient and less costly to scale given lower capital costs, as operators don’t have to build out fixed stations. The service essentially turns their car into an additional source of revenue.