Weekly Refresh: Auctane’s New Lease, Trashbots’ Seed Investors, and More

Read our weekly refresh for trending Austin tech news.

Written by Anna Holmquist
Published on Sep. 08, 2020
Weekly Refresh: Auctane’s New Lease, Trashbots’ Seed Investors, and More
Photo: Shutterstock

Neuralink to hire engineers in Austin. Elon Musk’s startup wants to develop a computer-brain interface device to help restore vision, increase memory and more. It eventually wants to grow the company to 10,000 employees. [Built In Austin]

Bumble preparing for IPO. It could happen as soon as 2021, with a potential valuation of between $6 and $8 billion. Last November, the company was valued at $3 billion. [Built In Austin]

Auctane to lease 100,000-square-foot office space. The company is a subsidiary of Stamps.com and also owns e-commerce shipping brands like ShipStation, ShippingEasy and more. It signed a lease in The Grove, a mixed-use development at 4301 Bull Creek Road. The company currently employs about 430 people in Austin, and this space has room for 650 employees. [CultureMap Austin]

Passport partnering with Google. The transportation software company, with the help of Google, created a feature that will allow people in Austin to pay for parking directly from Google Maps. It will be widely available over the next few weeks. [PRNewswire]

Trashbots announced strategic investors. The company offers an affordable robotics platform to make STEM accessible for schools and individuals. Ahead of its seed round closing, it announced investors including Sputnik ATX and entrepreneur Christopher Leacock (a.k.a. the DJ and producer Jillionaire). [PRNewswire]

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