Media Coverage

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- The Rounds, an inventory management platform that delivers recurring grocery and household essentials in reusable packaging, today announced a $24 million Series B funding round led by Moderne Ventures, with participation from FJ Labs and existing investors, bringing its total funding to date to $66 million. The company will use the investment to scale its AI-powered service, strategically focusing on profitable growth in existing markets, expanding its team across machine learning, data science, and executive leadership, and launching new markets. The funding comes at a time of rapid progress towards market profitability. Since its Series A, The Rounds has posted 6X revenue growth, opened a state-of-the-art facility in Washington D.C., launched cold chain operations, and extended its closed-loop supply chain with local vendors.

Flying can be a nerve-wracking experience for many people -- but a new study out Thursday finds commercial air travel keeps getting safer, with the risk of death halving every decade.

The shipping industry is not only looking towards a more sustainable method of operating, it has set goals.  By 2030 U.N.’s International Maritime Organization  has set a goal of reducing the industry’s greenhouse gas emissions by at teast 40%. By 2040, they want a 70% reduction, and by 2050 the objective is be net-zero.

In the spring of 2021, amid the peak of the COVID-19 pandemic, one of the 16 federal states in Germany implemented a ban on advertisements, compelling retailers to cease all print advertising within that state for a duration of three weeks. This decision was based on the belief that such a prohibition would help reduce social interactions during the pandemic. However, this ban on print advertising also led to discussions on its potential benefits for conserving natural resources, such as the paper and water needed for the production of printed materials, and its role in mitigating carbon emissions.

What’s the one thing that you never say no to? Breath mints were on the list, but Raven is wondering if there’s a hidden meaning to offering someone a mint…