by RJ Shara | Oct 16, 2020 | Startups
Over the next 5 years customers will return an estimated 40 million to 50 million furniture pieces that more than likely will end up in landfills, developing lots of unnecessary waste, according to Chris Richter, the creator of a new Austin-based furniture start-up, FloorFound. To reduce that waste, and give sellers another alternative for […] To reduce that waste, and give sellers another choice for their utilized items, Richter has actually launched FloorFound. The company is developed to handle furnishings returns and resale for online merchants. FloorFound is tackling this challenge with a group tailor-made for the task: Chris Richter, Ryan Matthews and Shannon Hardt have backgrounds covering supply chain, e-commerce, enterprise and delivery software application. …
by RJ Shara | Jul 8, 2020 | Startups
Karma Automotive has raised a $100 million lifeline from outdoors financiers, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on other EV business, including Tesla. Karma is the reincarnated variation of Fisker Automotive, which formerly faced insolvency prior to being gotten by Wanxiang Group in 2014. […]…
by RJ Shara | Jun 1, 2020 | Startups
Events in May provided support to the thesis that Africa can incubate tech with global application. Two startups that developed their organisation models on the continent– MallforAfrica and Zipline– were tapped by global interests. DHL acquired a minority stake in Link Commerce, a turn-key e-commerce company that outgrew MallforAfrica.com– a […] The story behind the Novant, Zipline UAV collaboration has a twist: The capabilities for the U.S. operation were established mainly in Africa. Co-founded in 2014 by Americans Keller Rinaudo, Keenan Wyrobek and Will Hetzler, Zipline creates its own UAVs, launch systems and logistics software application for distribution of important medical materials. The company turned to East Africa in 2016, entering a partnership with the federal government of Rwanda to check and release its drone service in that country. …
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