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  • Trending on the Ticker

  • Space catapult startup SpinLaunch raises $35M from Alphabet, Airbus Ventures, and others; the firm is developing a centrifuge system with the intention of launching payloads into orbit; raised $40M to date - Link

  • 12 companies including Lyft and Uber subsidiary Jump have applied for a year-long scooter program in San Francisco, reports Axios; Lyft will work with local merchants to set up scooter parking areas while Jump plans to partner with UberEats restaurants; Lyft plans to charge $1 to unlock a scooter, then $0.15 per minute after that; Jump will charge $1 to unlock, then $0.07 per minute; Jump scooters will be available 24 hours a day; Lyft will offer them from 5 AM to 8 PM (October through February), 4 AM - 10 PM (March through September) - Link

  • UK-based email security firm Tessian (formerly CheckRecipient) raises $13M Series A led by Balderton Capital with participation from Accel and others; the firm offers AI-powered tools for monitoring corporate email accounts, warning users of messages addressed to the wrong person; raised almost $17M to date - Link

  • Google announces a $550M strategic investment in China-based retail firm JD.com; Google is purchasing 27M new shares, giving it less than 1 percent of the company; as part of the deal, Google Shopping will feature products from JD.com - Link

  • GM is exploring a number of strategic options for its Cruise self-driving unit, according to Bloomberg sources; the company is considering an IPO or spinoff, but has no immediate plans; GM acquired Cruise ~$580M in 2016 - Link