Here’s what you may have missed last week in the world of San Francisco tech.
Bay Area
Built in SF: Newly Minted Tech Unicorn NexHealth Raises $125M Series C
San Fransisco has a new tech unicorn — healthcare software startup NexHealth. The company was founded in 2017 and has been creating tech solutions for patients and medical practices.
Built in SF: These 5 Bay Area Tech Companies Raised a Combined $1B+ in March
See which companies raked in the most venture capital last month and what they plan to do next.
Built in SF: HP Acquiring Poly for $1.7B to Shape Hybrid Work Technology
Poly, formerly known as Plantronics, develops audio and video technology for virtual meetings.
Built in SF: Test Orchestration Platform LambdaTest Grabs $45M to Continue Scaling Globally
Test orchestration platform LambdaTest announced Tuesday that it raised $45 million in fresh financing.
Future Car: FedEx to Test Autonomous Drone Deliveries in 2023 with San Francisco-based eVTOL Startup Elroy Air
FedEx Express, a subsidiary of the world’s largest express shipping company FedEx Corp, is teaming up with San Francisco-based aviation startup Elroy Air to build the first autonomous vertical take-off and landing (VTOL) aerial cargo system.
SF Gate: ‘They’re undercutting us’: How grocery delivery apps are affecting SF corner stores
Food Rocket, a San Francisco-based startup, promises delivery of convenience store essentials within 15 minutes, with no minimum order amount or fees for delivery.
Built in SF: Logistics Startup Kargo Raises $25M, Plans to Triple Headcount
The funds will be used to launch a large hiring initiative over the next six months as the company looks to triple its workforce.
Bay Area Inno: Wordle founder: I made 7 big mistakes that led to the game’s success
Wardle told a rapt audience during the Game Developer’s Conference in San Francisco that he considers himself an artist as well as a software engineer and had no interest maximizing the game’s commercial potential.
Built in SF: RapidAPI Gains $150M in SoftBank-Led Series D, Hiring for 30+ Roles
RapidAPI announced Wednesday that it raised $150 million in a Series D round led by VC all-star SoftBank Vision Fund 2.