• Homebuying startup Flyhomes closes $150 million Series C

    9 days ago - By TechCrunch

    Amid a recent tear in real estate investment, investors are looking to get a piece of homebuying startup Flyhomes.
    The five-year-old startup announced today that they've closed a $150 million Series C co-led by Norwest Venture Partners and Battery Ventures. Fifth Wall, Camber Creek, Balyasny Asset Management, Zillow's Spencer Rascoff, and existing investors Andreessen Horowitz and Canvas Partners also participated in the round.
    The end-to-end residential real estate startup says they handle “every step of the homebuying process, from brokerage to mortgage,” building financial tools that...
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  • Ford teases new EV roadmap as F-150 Lightning hits 100k reservations

    Ford teases new EV roadmap as F-150 Lightning hits 100k reservations

    9 days ago - By SlashGear

    Ford has seen over 100,000 reservations of its F-150 Lightning, its all-electric pickup, as the automaker looks ahead to what might come next in its big EV strategy. Announced last month, the 2022 F-150 Lightning takes what's Ford's best-selling model and reworks it with a dual-motor electric drivetrain, promising up to an estimated 300 miles of range. It's a bold...
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  • Seven Seven Six, the new venture firm from Alexis Ohanian, closes $150 million Fund 1

    9 days ago - By TechCrunch

    In June of last year, Alexis Ohanian announced that he was leaving Initialized Capital , the venture firm he co-founded alongside Garry Tan in 2011. Nearly a year later, he's announcing that his new venture firm, Seven Seven Six , has raised $150 million for its first fund.
    Seven Seven Six is named for the year of the first Olympics, when a cook from nearby village ended up winning the Stadion race. Ohanian's idea with the name stems from the fact that the cook was likely a fantastic athlete, but not necessarily the best athlete out there; many people were excluded from the first Olympic...
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