The machine-learning company reportedly secured millions from investors in recent years despite allegedly making false claims about its revenue and creating a made-up list of customers to include Fortune 500 companies.
While some investors worried about public criticism, thousands of VC-backed companies took money from the government's loan program. Rokk3r Fuel is one of the firms that advised all portfolio companies to apply for PPP.
A bevy of start-ups in recent years have emerged to help disinfect all aspects of hospitals, from handwashing to patient rooms to healthcare devices. This seemed like a novel idea before covid-19, but it’s essential now.