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Share this article Share this article CHICAGO, April 15, 2021 /PRNewswire/ -- Logiwa, the leading cloud fulfillment platform for high-volume direct-to-consumer businesses, today announced that it has raised $8.5 million to meet rising demand for cloud DTC fulfillment solutions. Valor Siren Ventures, an early-stage food, food technology, and retail technology fund, led the round with participation from Spider Capital, Runway Venture Partners, Launch Capital, and Otimo Retail. This investment brings the company's total funding to $13.1 million. Jonathan Shulkin, Partner and Fund Manager at Val...

Betting on ‘blank check’ companies Thimble Point joins growing ranks of so-called SPACs that go public despite owning nothing By Scott Kirsner Globe Correspondent,Updated February 18, 2021, 3:38 p.m. Email to a Friend The Nasdaq exchange has a presence in New York's Times Square via its digital billboard.HIROKO MASUIKE/New York Times These are strange days for the stock market. You can take a company public without actually having a business, customers, or revenue. And if you’re Woody Benson, you can do it from the master bathroom of your home in Bonita Bay, Fla., showing slid...

Revel introduces a $99-a-month e-bike subscription for NYC residents Share this story Electric moped rental company Revel is expanding its product lineup to include monthly e-bike subscriptions for residents of New York City. It’s the latest company to try to capitalize on the e-bike boom by shifting to a Netflix or Spotify subscription model for transportation. For $99 a month, interested customers can get a stylish electric bike manufactured by NYC-based e-bike company Wing delivered straight to their door. The price also includes complimentary maintenance, including flat tires fixes, loo...

Electric moped startup Revel launches an EV charging business Revel, the shared electric moped startup, is building a DC fast-charging station for electric vehicles in New York City, the first in a new business venture that will eventually spread to other cities. The company said Wednesday that this new “Superhub,” which is located at the former Pfizer building in Brooklyn, will contain 30 chargers and be open to the public 24 hours a day. This will be the first in a network of Superhubs opened by Revel across New York City, the company said. Revel didn’t build the EV charging infrastru...