The 11th Annual Austin Startup Week Kicks Off

The 11th-annual Austin Startup Week takes place Monday through Thursday this week. The Monday women in technology event, however, was rescheduled because of outages on the Internet throughout the day, according to event organizers. Because of the COVID-19 pandemic, the event is primarily taking place online, although some in-person happy hours and other events have […]

Austin Engineers Create MoToGo as a Solution to Last-Mile Delivery Problems

In Austin, a group of engineers has created a solution to the problem of last-mile delivery. It’s MoToGo, an at-home system for packages. MoToGo has a vision of a future where the delivery of goods is affordable, simple, secure, equitable, and sustainable, said David Ruth, CEO and Co-Founder of MoToGo, based in Austin. The system […]

LOOP Lands $21 Million in Funding to Expand AI-Driven Auto Insurance

A few weeks ago, LOOP, a new car insurance company, launched in Texas. And now, LOOP has announced it has closed on a $21 million Series A funding round co-led by Foundry Group and 01A, the fund of former Twitter CEO Dick Costolo and COO Adam Bain. The round includes participation from existing investors in […]

Ferry is Launching in Austin to Make Short-Term Electric Vehicle Leasing Easy and Affordable

Electric mobility should exist for everyone, said Kristian Russell, Chief Executive Officer and Founder of Ferry. That’s why he created Ferry. “Upgrading your car with Ferry is as easy as upgrading your phone,” Russell said.  Ferry, based in Austin, uses an app-based platform to handle all the transactions of leasing an electric vehicle for 6 […]

With Austin-Made Infineon Chips Onboard, Volkswagen’s ID.4 Tries for a World Record for Longest Roadtrip in an Electric Vehicle

A blue Volkswagen ID.4 rolled into Austin on Friday on a quest to break a Guinness World Record for longest road trip in an electric vehicle. “This world record should demonstrate that an EV engine car can perform the same as a combustion engine car,” said Rainer Zietlow, a professional driver who holds several electric […]

MOVE America Comes to Austin Sept. 28-29th

MOVE America, a global mobility event, will be held in Austin at the Palm Events Center on September 28th and 29th. Silicon Hills News readers are being offered a free pass. Just use the code SHN100 on checkout. The event features more than 100 sponsors and exhibitors on the expo floor and more than 100 […]

Sana’s CEO Discusses the Effect of the Pandemic on its Business

Austin-based Sana is a healthcare startup that provides health insurance plans as an alternative to big insurance providers like Aetna, Anthem Blue Cross Blue Shield, United Healthcare, Cigna, and Humana. It competes with them by providing insurance that is, on average, 30 percent cheaper. Will Young, CEO and Co-Founder of Sana, recently answered questions about […]

Flippa Raises $11 Million to Match Sellers with Buyers of Online Businesses and Digital Assets

The Internet has enabled all kinds of new businesses from blogs to shops to apps to flourish. Many of those businesses pull in revenue from consumers, advertisers, affiliates, and more. To help match business sellers with buyers, Flippa created an online marketplace for businesses and digital assets. And on Monday, the company announced it has […]

Sante Ventures Raises $260 Million for its Fourth Fund

Sante Ventures, an early-stage healthcare, and life sciences investment firm, announced it has raised $260 million for its Fund IV. The Austin-based investment firm plans to invest the funds in building a portfolio of 15-25 investments across biotech, health tech, and medtech businesses that demonstrate the genuine potential to deliver better health outcomes at lower costs.  […]

Self Financial Raises $50 Million in Funding

Self Financial announced it has raised $50 million in additional funding. The Austin-based fintech company has raised $127 million to date, including $40 million in funding last December. The Series E round of funding was led by Altos Ventures with participation from Meritech Capital and Conductive Ventures. The company plans to use the funds to […]