In a disappointing year for female-founded startups — at least those looking to raise venture capital — The Riveter not only closed its first institutional funding round, but it’s today announcing a $15 million Series A funding, bringing its total backing to $20.5 million.
The Seattle-based co-working startup, led by co-founder and chief executive Amy Nelson (pictured), has raised the capital from lead investor Alpha Edison, with support from Madrona Venture Group, New America president and CEO Anne-Marie Slaughter, fashion designer Liz Lange and TOMS founder Blake Mycoskie .
As of November, startups founded by all-female teams had closed 391 deals worth $2.3 billion, an increase from the $2 billion invested in 2017, though still just 2.2 percent of all VC invested this year.
Nelson, an advocate for female entrepreneurs who’s spoken publicly about women’s struggles in the workplace, the difficulties of launching a business in a man’s world and raising venture dollars as a solo female founder, started The Riveter in 2016 after a decade-long career as a lawyer. Today, the startup operates five locations in the U.S., with ambitious plans to open another 100 female-focused co-working spaces by 2022.
“I want The Riveter to be the place people think of when they think of women and work,” Nelson told TechCrunch.
The Riveter has 2,000 members throughout its locations in Seattle, Bellevue, Wash. and Los Angeles. Its expansion plans include new spots in Texas, Colorado and Portland.
The spaces are built with women in mind but are not exclusive to one gender. Nelson tells us The Riveter’s membership is 25 percent male, setting it apart from spaces like The Wing, which is only available to female-identifying people.
“I don’t think the future is female, I think the future is fluid,” she said. “Gender is becoming an outdated idea but at the same time, it’s important to think of women when we build these spaces … There is a lot of value to women’s only spaces but our take on it is we want to redefine the future of work for women and we want everyone to be part of it.”
The Riveter provides space to work and collaborate; a digital network, currently in beta, for its members to connect; and programming ranging from office hours with venture capitalists to “self-care Saturday.”
Other investors in the startup include Brilliant Ventures, The Helm and X Factor Ventures.
How To Find Reused And Compromised Passwords In Safari
The macOS version requirement to use this feature is Big Sur or Monterey, but it worked fine in Catalina, as well. To get started:
1. Launch Safari on your Mac.
2. Once a new Safari window opens, click on Safari in the menu bar and select Preferences from the dropdown menu.
3. You should see a popup menu of Safari preferences — you’ll be under the General section by default. Select Passwords from the top menu to manage your saved passwords.
4. At this point, you’ll have to enter your system password to access your saved passwords.
5. Once you’re in, you’ll see a list of all your stored passwords. If you see a yellow warning icon next to any of the passwords, that means Safari has a security recommendation for it.
6. Tap the warning icon on the password to know its security status. If a password has been overused, if it is easy to guess, or if it has been compromised in a data breach, Safari will add a short comment. There’ll also be a link to the appropriate page so you can change your password (via Apple Support).
Whenever Safari is auto-filling your passwords in any field, you may also get a Compromised Password alert notifying you to change a password because it is weak, reused, or leaked.
This Electric Car Starts At Only $18,500, But You Only Get Three Wheels
The average commute, according to Electra Meccanica, is 40 miles. The Solo comes with 100 miles of range, which is more than enough to do your commute. Evidently, this car isn’t meant for much more than that, but many people — especially those who live in dense urban areas — don’t drive much further than work on a regular basis. Basic items like a briefcase, a few bags of groceries, and a set of gym clothes fit just fine in the back of the Solo.
Obviously, this ideal situation ends if you are a family with only one car. It also begins to lose its purpose if you enjoy a sporty feel because while you do get Bluetooth, USB charging, a rear-view camera, AC, and keyless entry, it isn’t exactly riveting to drive. It has a top speed of 80 mph, which is made possible by its 82 horsepower engine with 128 lb-ft of torque. All this power is sent to the singular rear wheel. It goes from 0-60 mph in 10 seconds, which is simply sluggish by any standard.
The interior of the Solo isn’t draw-dropping, considering the color variety you get is a few different shades of blacks and dark greys. However, the Solo does feature an LCD gauge cluster, which is a nice touch. What’s even nicer is that it comes with a singular heated seat.
This Tesla-Powered BMW EV Combines Classic Styling With Modern Power
One of the last produced examples of BMW’s E9 coupe was sold on Bring a Trailer for over $200,000, which is well within the BMW EV’s price range. But the Tesla-powered BMW CSI also has some historical significance, especially in terms of proper maintenance. It belonged to the late Saudi Arabian Prince Mashour bin Saud, who had four keepers tending to the car when it was purchased in 1978. Aside from having a taste of royalty, the BMW EV was also a rare right-hand drive model. Its paper trail reveals how its registration was changed from the prince’s original “2 BAT” to “BAT 9K,” including handwritten letters to Michael Gardiner, who was tasked with selling the car for him.
In 2019, the BMW 3.0 CSI was bought from Gardiner’s widow and was eventually brought over to established electric conversion specialists at Electric Classic Cars. The company, which successfully converted classics like a 1979 Porsche 911 and the original Volkswagen Beetle, did a complete overhaul on the iconic BMW both inside and out. Furthermore, this classic BMW EV even includes the original straight-six engine should its driver ever feel like going back to gas. Although electric conversion has kept this classic up to speed, let’s look at its other improvements.
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