Upsie’s direct-to-consumer swing at the warranty space webs $18.2 M

Upsie’s direct-to-consumer swing at the warranty space webs $18.2 M

Upsie, a consumer service warranty startup, has actually raised $18.2 million in a Series A round led by True Ventures. The funding brings the total raised for the St. Paul, Minnesota-based start-up to $25 million considering that its 2015 creation. A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung […] Upsie declares that it saves its clients anywhere from 50% to 90% compared to competitor warranty plans. Just like many other business, Upsie saw a bump in service last year thanks to the COVID-pandemic and resulting increase in consumer electronics sales (17%, according to the NPD Group Retail Tracking Service). Rather than at the point of sale, Upsie offers consumers an opportunity to buy a service warranty for a product through its website or mobile app after the transaction has actually taken location. Puneet Agarwal, partner at True Ventures, states his company doubled down on its financial investment in Upsie after seeing its strong growth over the years.”Upsie is the just one doing that, and it’s the greatest swing to take in this type of industry,” Agarwal said….

Exeger takes $38M to increase production of its versatile solar batteries for self-powered gadgets

Exeger takes $38M to increase production of its versatile solar batteries for self-powered gadgets

Sweden’s Exeger, which for over a decade has been developing versatile solar battery innovation (called Powerfoyle) that it promotes as efficient adequate to power gadgets entirely with light, has taken in another tranche of moneying to expand its production abilities by opening a 2nd factory in the nation. The $38 million raise is consisted of […] The Swedish business has likewise previously received a loan from the Swedish Energy Agency, in 2014, to establish its solar cell tech.
Exeger’s Powerfoyle solar cell tell integrated incorporated a pair of Urbanista headphonesEarphones Image credits: Exeger/Urbanista)” We don’t label identify rounds but however a more pragmatic view on fundraising, “said Stated Fili, founder creator CEO.”Any product which incorporates Powerfoyle is able to charge under all forms of light, whether from indoor lights or natural outside light. As long as you have our item in light, any light, it will continuously charge.

Start-ups and vcs think about HaaS model for customer devices

Start-ups and vcs think about HaaS model for customer devices

” If it’s providing continuous worth, then it needs to be worth spending for,”Y Combinator Partner Eric Migicovsky tells TechCrunch. If I’m fortunate, I see a customer hardware product when or two times a year that appears fairly capable of interfering with an industry, and Nura’s custom-made noise profiles fit that bill. Hardware as a service (HaaS) has been a popular idea in the IT/enterprise area for some time, however it’s still relatively unusual in the customer classification. Backers HAX/SOSV have been proponents of the model for some time now….