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New York-based Rockets of Awesome is a direct-to-consumer kids' apparel brand, designing and selling over-the-top clothes. Founded by Rachel Blumenthal in 2016, Rockets of Awesome is backed by investors that include August Capital, Female Founders Fund, Foot Locker, Forerunner Ventures, and General Catalyst.
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Oura Health, the health tech company behind Oura Ring, has completed a Series C funding round totaling $100 million. The round was led by Chernin Group and Elysian Park, the investment arm of the L.A. Dodgers, and included new investors Temasek, JAZZ Venture Partners and Eisai. Returning backers Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures also participated in the round. Launched out of Finland by founders Petteri Lahtela, Kari Kivel and Markku Koskela, Oura rolled out its sleep tracking smart ring in 2015. The company, which...
Extra Crunch roundup: How Duolingo became an edtech leader The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future, including a focus on speaking a new lan...
America's backyards are ripe for disruption. In 2017, healthy snack entrepreneur Coulter Lewis noticed the discrepancy between the care organic farmers took for their land and the way the suburbanites eating his snacks sprayed their lawns with chemical fertilizers and pesticides. After doing some math, Lewis determined that private home lawns, which make up 10 times more land than U.S. organic farms, would be the third-largest U.S. crop by area. He also calculated that homeowners put about five times more pesticides per acre on lawns than farmers put on industrial farms. Lewis thought, wh...