Intel Partners With Rolls-Royce to Develop Self-Sailing Ships Plus, the wool sneaker startup Allbirds recently raised $50 million in Series C funding and Walmart has acquired online lingerie retailer Bare Necessities.

By Venturer

Opinions expressed by Entrepreneur contributors are their own.

Rolls-Royce announced that it would use Intel chips to collect data as it develops a system for autonomous ships that carry cargo out in the ocean. The autonomous ships' sensors are similar to those you'd find on a self-driving car, but with better cameras of course.

The wool sneaker startup Allbirds recently raised $50 million in Series C funding. The 3-year-old startup backed by Leonardo DiCaprio and Scooter Braun has raised $75 million to date and is reportedly valued at $1.4 billion. Next week, Allbirds plans to open its first storefront in the U.K.

Walmart has acquired online lingerie retailer Bare Necessities for an undisclosed amount. This is Walmart's second apparel-focused acquisition in less than two weeks. Bare Necessities will continue to operate its site as before and will run as a standalone brand.

Wavy Line
Venturer is the millennial brand of Business Rockstars. We create content for the young entrepreneur who is taking risks and starting a venture of their own. 

More from Venturer

Amazon Live Launched Its New-and-Improved Live Shopping Stream

There's a New App That Makes Hanging Out With Your Friends Easier

This TV Rolls Itself Up When You Don't Need It

Right Hand Robotics Raises $23 Million in Funding

Editor's Pick

She's Been Coding Since Age 7 and Presented Her Life-Saving App to Tim Cook Last Year. Now 17, She's on Track to Solve Even Bigger Problems.
Lock
I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.
Lock
Want to Break Bad Habits and Supercharge Your Business? Use This Technique.
Lock
Don't Have Any Clients But Need Customer Testimonials? Follow These 3 Tricks To Boost Your Rep.
Why Are Some Wines More Expensive Than Others? A Top Winemaker Gives a Full-Bodied Explanation.

Related Topics

Business News

'All Hell Is Going to Break Loose': Barbara Corcoran Issues Warning About Real Estate Market, Interest Rates

The "Shark Tank" star appeared on FOX Business' "The Claman Countdown" this week.

Branding

How I Made Money From My Book Without Selling a Single Copy

Did you know you can make money with a book without selling copies? Here's exactly how I did it.

Money & Finance

What Is Annual Income? Here's How to Calculate It.

Want to know how much money your business or personal budget brings in each year? Discover how to calculate annual income in this detailed guide.

Business News

This Is the Most Loved Company of 2023, According to a New Report

A new Axios and Harris Poll ranked the 100 most visible U.S. companies.

Leadership

The Real Reason Why The Return to Office Movement is Failing is Revealed in New Study

There is a vivid sign of the disconnect between employees and their workplace, a glaring indication that companies need to revise their scripts to improve their hybrid and remote work policies.

Business Plans

How to Change Careers: A Step-by-Step Guide

Want to make a career change without compromising your finances or future? Check out this step-by-step guide on how to change careers to learn more.