2025-07-15
Exclusive: Investors bet $10M that Laka’s ‘collective insurance’ can fix bike coverage
London-based insurtech startup Laka has raised $10.4mn in Series B funding as it eyes profitability at the end of next year. Laka offers “collective” insurance for bikes and e-scooters, pooling claims across a community of riders. Instead of fixed, upfront premiums, customers pay a variable monthly fee based on the total number of claims across the entire user base. The fee is capped at a maximum amount based on the value of their gear. Fewer claims mean lower costs for everyone. Laka provides the insurance cover both directly and through retailers l [...]
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2025-10-04
California regulators threaten to revoke Tesla's insurance license for mishandling claims
Tesla launched its own auto insurance options for California customers back in 2019, but it may soon lose its authorization to do just that. The California Department of Insurance (CDI) issued enforce [...]
2025-10-01
Peloton updates its Bike, Tread and Row machines with form-checking cameras, rotating screens and lots of AI
It’s been a rough time for Peloton. Last year was marred by deep staff cuts, a change of CEO and a reckoning of where the home fitness company belonged, post-Pandemic boom. The answer is, unfortunat [...]
2025-04-01
Equal Parts Launches with $10M to Revolutionize Independent Insurance Through AI and Human Connection
In a bold move to reimagine the future of independent insurance, Equal Parts has officially launched with $10 million in acquisition capital, backed by Equal Ventures and Max Ventures. The Austin-bas [...]
2025-01-30
Lime announces $25 million action plan to help fix London's e-bike chaos
In November, Transport for London (TfL) announced new steps to regulate e-bikes, but a lack of legislation or power meant that most of the onus fell to e-bike services to do the right thing. Now, Lime [...]
2025-06-12
The Olto is a future-forward e-bike that can accommodate two passengers
Infinite Machine made waves with its retro-futuristic P1 electric bike. That one was built for speed, but the company is back with something that's more for urbanites commuting to and from work. [...]
2025-09-28
The best October Prime Day deals you can get right now: Early sales on tech from Apple, Amazon, Samsung, Anker and more
Now that we know October Prime Day is on the horizon, it’s time to start thinking about what you may want to snag at a discount during the sale. If you pay the $139 annual fee for Prime, sale events [...]
2025-09-30
The best October Prime Day deals already live: Early tech sales on Amazon devices, Apple, Samsung, Anker and more
October Prime Day will be here soon on October 7 and 8, but as to be expected, you can already find some decent sales available now. Amazon always has lead-up sales in the days and weeks before Prime [...]
2025-01-31
Uber files racketeering suit against New York groups alleging car crash fraud
Uber has filed a racketeering suit against a group of legal firms and medical professionals, claiming they staged car crashes and performed unnecessary surgeries to commit insurance fraud, Bloomberg r [...]