Masten Space Systems to develop a GPS-like network for the Moon

Masten Space Systems to develop a GPS-like network for the Moon

Masten Space Systems, a startup that’s aiming to send a lander to the Moon in 2023, will develop a lunar navigation and positioning system not unlike GPS here on Earth. Masten’s prototype is being developed as part of a contract awarded through the Air Force Research...
Zomato raises $562 million from anchor investors ahead of IPO

Zomato raises $562 million from anchor investors ahead of IPO

Indian food delivery startup Zomato said on Tuesday evening that it has raised $562.3 million from its anchor investors ahead of IPO opening on Wednesday. Zomato, which counts Ant Financial  has already secured nearly 45% of the $1.3 billion it plans to raise through...
Why did file sharing drive so much startup innovation?

Why did file sharing drive so much startup innovation?

One of the great things about editing all of our deep-dive EC-1 startup profiles is that you start to notice patterns across successful companies. While origin stories and trajectories can vary widely, the best companies seem to come from similar places and are...