Baked by Melissa Takes Cupcake Kits to Target Shelves
The New York dessert chain is selling at-home baking kits exclusively at Target this holiday season, its first move into retail baking aisles.
Business Building
Sequoia Leads $45M Series A in AI Training Startup Trajectory
Trajectory, an 18-person startup, wants specialists such as lawyers and doctors to improve AI models almost on their own, learning from feedback. It raised $45 million at a $300 million valuation.
Bootstrapped Readwise Launches a Books App to Rival Kindle
Readwise, known for its read-it-later and highlights apps, now sells e-books and tracks reading in one app, aiming at Amazon's Kindle and Goodreads.
Laika's Wildwood Rebounds, but Phil Knight Still Pays
Laika's stop-motion film Wildwood has earned nearly $36 million worldwide against a reported $100 million budget, and the studio relies on its owner's money.
Two Point O Raises $10M to Finance Small Clean Energy Projects
Indian startup Two Point O Capital has closed a $10 million Series A led by Transition Venture Capital. It offers financing and leasing to factories and commercial buildings, a segment that has struggled to attract capital.
Airbnb Bars Checkout Chores and Hosts Push Back
From 20 November Airbnb hosts can no longer ask guests to wash up or strip beds. Small owners fear higher cleaning costs, and some are moving bookings elsewhere.