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Acquisition

Woven Planet Holdings, a Subsidiary of Toyota, Announces Acquisition of Lyft’s Level 5 Division

Woven Planet Holdings, Inc., a subsidiary of Toyota Motor Corporation, has agreed to acquire Level 5, the self-driving division of Lyft, Inc., a ride-hailing company. This marks the first major deal for the newly established Woven Planet, according to a statement made by the company. “The deal will bring together world-class scientists and software engineers […]

Categories
Investment

Shef raises $8.8 mn seed funding from Y Combinator, Craft Ventures and M13

Shef, the US-based homemade food marketplace that enables cooks to sell meals in their local communities, announced it has raised $8.8 million in seed funding from investors including Y Combinator, Craft Ventures, and M13, as well as founders and executives from Instacart, TaskRabbit, StubHub, AngelList, Lyft, Airbnb, and Yelp. Founded in 2018 by Alvin Salehi […]