RVshare raised $100M. It’s an RV rental startup founded in 2013, with headquarters split between Austin and Akron, Ohio. KKR led the investment. The company is hiring software engineers, product developers, marketers and more in Austin. [Built In Austin]
Austin Gigafactory is opening next year. During a third-quarter earnings call, Elon Musk confirmed the opening of the company’s new Austin facility by next year. The aim is to start delivering its Model Y cars at the factory by the end of 2021. [Austonia]
Volcon launched. The startup designs two- and four-wheeled off-road electric vehicles. Available next spring, its first vehicle will offer a 100-mile range and retail for around $6,000. [AustinInno]
Verifiable made $3M. The company’s API lets healthcare organizations check the credentials of doctors, nurses, therapists and more. It launched out of the Y Combinator accelerator in August. [Built In Austin]
Valkyrie Virtue launched. The firm wants to solve organizational and global challenges by using AI and machine learning. The new philanthropic initiative aims to empower nonprofit organizations and women in STEM. [Press Release]