16 months after its IPO, UK online retailer Made.com prepares for administration

Made.com, a U.K.-based ecommerce company that sells furniture and related home accessories across seven European markets, is bracing for insolvency as it confirmed plans to appoint administrators after failing to find a buyer. Founded in 2010, Made.com emerged as something of a darling in the U.K. startup sphere for the way it worked with select … Read more

Evolito, with an axial-flux motor lighter than Tesla’s, starts ramping up its team

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. YASA’s axial-flux electric motors had previously garnered a reputation for efficiency, high power density, small size, and low weight. However, the team behind YASA did something quite clever. … Read more

Meet Crowd.dev, an open source user-led growth platform for fostering developer communities

Community-led growth (CLG) has emerged as a popular mechanism for driving business, as companies strive to foster an ecosystem of fervent users that draws in new customers organically, serves as a support network for millions, and bangs a company’s drum completely off its own volition. Businesses such as Stripe, Slack, Canva, Notion, and Figma have … Read more

TouchBistro bakes CAD$150M into restaurant management tech recipe

TouchBistro, an iPad-based restaurant management platform, secured CAD$150 million, or $110 million, in growth financing from Francisco Partners to accelerate its growth, expand its product pipeline and make some strategic acquisitions. It’s been a while since we checked in with the Toronto-based company, which was founded by Alex Barrotti and Geordie Konrad back in 2010. … Read more