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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. New Markets. The Miami vending machine has a new design and is definitely an attention-getter in new markets.

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This Week In Insurance Tech: Gojek Rolls Out Online Insurance, Blockchain-Enabled Insurance Tests, AXA Partners with ClassPass

CB Insights

Goodcover , a San Francisco-based insurtech, raised a $2M seed round led by Fuel Capital. Proformex , a Cleveland-based life insurance policy management platform, raised $500K from undisclosed investors as indicated in its Form D filing. Aviva to distribute Neos digital home policies under its own brand. at an implied 12.4x

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18 Corporate Innovation Labs In Healthcare

CB Insights

Associated funds: Johnson & Johnson Development Corporation (JJDC) is the venture capital arm of Johnson & Johnson and falls under the umbrella of Johnson & Johnson Innovation. It was given an initial capital investment from Pfizer of $600M and primarily focuses on investing in early-stage therapeutics companies.

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Amazon Sizzles, zCash Fizzles And ‘Cyber-9/11’ Is A When Not An If

PYMNTS

Cleveland – well at least blowing their three game lead wasn’t the fizzle of the week – that honor goes to U.S. Not first to market, Amazon should be able to score at least some share gains on brand recognition and a reputation for quality. cyber-security and its preparedness for a major attack. Sizzle, finally, for Square.

Cleveland 100
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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Unmanned retail can: Set up points of sale in new places: As shopping malls struggle and brick-and-mortar foot traffic declines, brands don’t want to wait for shoppers to come to stores. Select investors: CRV, Initialized Capital, Y Combinator. Select investors: GGV Capital, Ventech China, Fosun International.

Retail 71
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Beyond New York, the retailer is planning to extend that experiential approach to partner locations, “offering the world that one-of-a-kind toy retail experience the brand is known for,” according to an announcement from the company, which is owned by ThreeSixty Brands. percent stake in Starbucks.

Retail 116