Tag: new york
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Energy Storage is the Policy Epicenter of Energy Innovation
A darkened Manhattan after Hurricane Sandy. Photo courtesy of David Shankbone. Right now, the reliability and economics of the electric power grid is changing. A major player in this change might be energy storage. Utilities have always known that storing electricity is valuable, but other than building dams to hold water, it wasn’t a…
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Led by Softbank, Lemonade Gets $120M in New Funding
Insurtech Lemonade has raised $120 million in new funding for its mobile insurance platform, led by Japanese technology investment firm Softbank, the startup announced today. Lemonade, which provides home and renters insurances to users via mobile, will use the money to create new coverage products in 2018 as well as international expansion, according to…
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The Yard coworking space picks up $15 million in credit from IDB Bank
Posted by Jordan Crook (@jordanrcrook) The entrepreneurial spirit has never been stronger, so it’s no surprise that co-working spaces are so hot right now. The Yard, for example, has recently secured a $15 million credit line to expand its coworking offering to startups in New York City. Founded by Morris Levy and Richard Beyda, The…
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Does Creativity Breed Inequality in Cities?
In 2002, Richard Florida became America’s best known urbanist with the publication of his book, The Rise of the Creative Class. In it, Florida posited that the “creative class,” a group which included artists, scientists and engineers, as well as educated knowledge sector professionals such as lawyers and finance workers, was the main driver of cultural…
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BNP Paribas open New York Innovation Zone
BNP Paribas has opened a 5000 square foot ‘Innovation Zone’ on the 30th floor of its Manhattan HQ, where it is inviting employees to come and re-imagine the bank. The Lab has been christened by 200 attendees at a two-day ‘Blockchain Bizhackathon’, featuring prominent keynote speakers from the bank’s portfolio of distributed ledger investments and…