Jul 24, 2019

HipCamp raises $25 million in Series B funding

Dan Primack, author of Pro Rata

HipCamp, an online marketplace for public and privately-held campsites, raised $25 million in Series B funding.

The big picture: Camping has never been more popular in the U.S., even if some of that is driven by folks whose primary motivation is getting the perfect Instagram of a campfire-seared avocado toast against the setting sun.

  • Andreessen Horowitz led, and was joined by return backers Benchmark, August Capital and OATV.

The bottom line: The company launched to focus on privately-held campsites, basically as an Airbnb for the tent and RV crowd, but a recent change to the federal bureaucracy has since allowed it to also provide real-time information on around 100,000 federal sites.

Go deeper: Airbnb's growing foray into hotels

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Stef W. Kight
13 mins ago - Politics & Policy

Trump administration cuts refugee cap to new record low

Photo: Mandel Ngan/AFP via Getty Images

The Trump administration plans to only admit a maximum of 15,000 refugees this fiscal year, the State Department said in a release late Wednesday evening.

Why it matters: This is yet another record low refugee cap. Before leaving office, President Obama set the refugee limit at 110,000 for fiscal year 2017 — a number Trump has continued to slash throughout his presidency.

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Axios
Updated 30 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 34,018,143 — Total deaths: 1,014,995 — Total recoveries: 23,674,533 — Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 7,234,327 — Total deaths: 206,963 — Total recoveries: 2,840,688 — Total tests: 103,939,667 — Map.
  3. Health: New poll shows alarming coronavirus vaccine skepticism — New research centers will study "long-haul" COVID — Coronavirus infections rise in 25 states.
  4. Business: Remdesivir is good business for Gilead.
  5. Retail: The holiday shopping season will now begin in October.
  6. 🎧Podcast: The looming second wave of airline layoffs.
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Kendall Baker, author of Sports
53 mins ago - Sports

Barstool jumps into sports betting

Illustration: Eniola Odetunde/Axios

Barstool Sports was founded in 2003 as a free gambling newspaper. It later became a sports blog before growing into a media empire, and now things have come full circle with the recent launch of its own branded sportsbook.

Driving the news: The Barstool Sportsbook app saw a record 21,000 downloads per day during its first weekend (Sept. 18–20), breaking DraftKings' and Fanduel's daily records despite Pennsylvania being the only state where it was operational.

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