Lattice Raises $6.4M From Thrive Capital And Khosla Ventures To Fix Performance Reviews

Jack Altman and Eric Koslow were working on software to track team goals a year ago when the cofounders of startup Lattice realized they were missing out. Corporate America had fallen out of love with performance reviews, but it didn’t like the alternatives, either.

“Employees hated performance reviews, so [companies] said let’s throw them away,” says Altman, Lattice’s CEO. “And they switched to continuous feedback, and it turned out a lot of employees didn’t like that, too.”

Self-driving truck startup Embark raises $15M, partners with Peterbilt

Self-driving trucking startup Embark  has raised $15 million in Series A financing, the company announced on Tuesday. Embark first broke cover back in February, when it revealed trucks equipped with its neural net-based deep learning approach to autonomous trucking. The startup’s also revealing a team-up with heavy equipment manufacturer Peterbilt today, which will help it roll out its new group of test trucks.

Moroccan Startup WaystoCap Is Enabling Africa’s Businesses To Trade Better

As a platform that addresses the business-to- business buying and selling of merchandise across Africa, Morocco-born WaystoCap is aiming to solve the fragmented situation in a market that is still in the process of going digital. Besides being an online marketplace for products, founder and CEO Niama El Bassunie asserts that WaystoCap is also an “ecosystem offering services such as insurance to suppliers, financing to buyers and logistics management to remove inefficiencies.”