Wednesday 28 February 2018

Edgybees raises $5.5M to bring better AR to cars and drones

 It’s one thing to dispatch a drone when an accident happens to get an aerial overview of what’s happening on the ground, but you get far better situational awareness if you can use augmented reality (AR) to add the names of roads, the location of key personnel, cars and other assets to that view. That’s what Edgybees, a Santa Clara-based startup that current specializes in AR… Read More

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Waymo 360-degree video shows how autonomous vehicles work

 Fresh on the heels of settling a contentious and expensive lawsuit with Uber, Alphabet’s self-driving unit Waymo is looking to get out there and educate the public on how its autonomous vehicles work. In a blog post announcing that Waymo self-driving cars have racked up 5 million miles of driving experience on public roads, the company released a video called the Waymo 360-degree… Read More

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Kindred Capital, an £80M seed VC firm in London, is giving founders it backs a share of fund profits

 Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Read More

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BrainQ aims to cure stroke and spinal cord injuries through mind-reader tech

 Israel-based BrainQ is a new nuerotech startup hoping to take on brain-computer interface (BCI) companies like Braintree founder Bryan Johnson’s Kernel and Silicon Valley billionaire Elon Musk’s Neuralink. It’s not clear yet what Musk’s startup intends to do with the computer chips it plans to put in our heads but Johnson’s startup says it is focused on… Read More

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Tuesday 27 February 2018

Pinterest hires former Square and Google exec Francoise Brougher as its first COO

 Pinterest today is adding another executive to its upper c-suite with the hire of Francoise Brougher, who was most recently business lead at Square and prior to that VP of SMB global sales and operations at Google, as its first chief operating officer. Both of those previous positions are probably going to be of particular interest to Pinterest, as someone with Brougher’s experience… Read More

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EnvKey wants to create a smarter place to store a company’s API keys and credentials

 If an engineer ends up leaving a company, on their own, or for any other reason, the company work is going to have to quickly work to change all of their keys for their credentials and keys application components. That’s a huge hassle, because often times it’s hard to know where they are stored, who can access what, and how to change everything at a massive scale — especially… Read More

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Industrious picks up $80M to outclass WeWork for the enterprise

 Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 cities nationwide. “Industrious is high… Read More

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Niche raises $6.6 million to help with your school search

 Carnegie Mellon grad Luke Skurman built the first version of Niche in 2002. Originally called College Prowler, it was an online store selling physical college guidebooks. Times changed and the site changed with it, first taking on over a $1 million in investment to ramp up with a new name and then hitting a $6.6 million series B from Allen & Company and Grit Capital. Skurman, a San… Read More

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Peanut, the matchmaking app for moms, launches a community feature called Peanut Pages

 Peanut, the app referred to as “Tinder for moms” because it connects mothers by letting them swipe each other’s profiles, is launching a new community discussion feature. Called Peanut Pages, it’s meant to give mothers a better alternative to Facebook Groups, Quora and other social platforms. Read More

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Join Michael Casey and Paul Vigna in New York tomorrow

 A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’d love for you to come. You can RSVP here and space is limited. It’s happening Tomorrow, February 28, at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys… Read More

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JD.com’s new accelerator focuses on blockchain startups

 JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus, CanYa, Bluezelle, Nuggets, Republic Protocol and Devery. Read More

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Using technology to craft accurate, persuasive political messages

 In a country that’s increasingly polarized, where partisan politics shape perception, the question of how to create a compelling argument — rooted in facts — that can change minds isn’t simply academic. It’s a question that’s chipping away at the foundations of American democracy. Read More

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Monday 26 February 2018

Pony.ai launches a self-driving ride-hailing fleet for public use in China

 Autonomous driving technology startup Pony.ai has become the first company to operate an autonomous ride-hailing service on public roads for public users in China. The company, just over a year-old, recently raised $112 million in a Series A round to help it accelerate its efforts, and its fleet is running a nearly two-mile route in Nansha, Guangzhou, where its China HQ is located. As you… Read More

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Circle acquires cryptocurrency exchange Poloniex

 Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex. Circle is an interesting startup because it’s hard to keep track of what it does. Read More

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Why investor Jalak Jobanputra is betting big on crypto

 When investor and entrepreneur Jalak Jobanputra first visited a blockchain conference five years ago she got goosebumps. The experienced investor had heard of cryptocurrencies but now that they had truly come into maturity she was excited. Now, five years later, she’s building her entire VC practice around blockchain and sees bright days ahead for the technology. Join us Jobanputra,… Read More

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ZenBusiness raises $4.5m to help launch one million small businesses by 2023

 Starting a small business can involve a remarkable amount of red tape. Certificate of incorporations, sales tax licenses, publication requirements, annual franchise taxes, the list goes on. Even worse, every state in America has its own unique peculiarities. Failure to follow instructions perfectly can result in fines and possibly expropriation. And all you wanted to do was create a simple… Read More

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Menswear startup InStitchu raises $2.5M from Chinese manufacturer Dayang

Institchu NYC showroom Chinese clothing manufacturer Dayang Group is making a strategic investment in InStitchu, a startup selling custom tailored suits and other menswear. At $2.5 million, the round is relatively small, but InStitchu co-CEO James Wakefield said the real reason for taking the money is to deepen the relationship with Dayang. Apparently the manufacturer was already making half of the… Read More

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Triple, the marketplace for local travel experiences, acquires competitor Local Guddy

 Triple, the Stockholm-headquartered marketplace for local travel experiences, has acquired competitor Local Guddy for an undisclosed sum. The deal sees Local Guddy founder Emre SemercioÄŸlu become part of the Triple team as Head of Market Growth, while I understand it was part cash, part stock. Read More

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The rise and rise of supergiant rounds

 With more money flowing into a shrinking number of deals, the average startup funding round is getting bigger. And it’s not by a small margin, either. Supergiant funding rounds are coming to dominate the funding landscape at all stages. Here we take a look at this growing phenomenon, what it means and what might be happening “under the hood” in supergiant seed rounds. Read More

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Sunday 25 February 2018

GoBee Bike throws in the towel in France

 Bike-sharing startup GoBee Bike is giving up and shutting down in all French cities where it operates. GoBee Bike operates just like Chinese giants Ofo and Mobike. You open the app, you find a bike on the map and you unlock it by scanning a QR code. Once you’re done, you lock it again and leave it there — there’s no dock. And yet, the startup is blaming vandalism and says… Read More

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What does it take to be a startup that raises huge sums quickly?

 Some founders toil for years to secure a meager seed round. Others seem to go from launch to a massive fundraise in no time. Why is that, and how does one get into that second group? There’s no single formula, of course. But data indicates it helps to be famous, involved in a hot technology sector or working to cure cancer. Read More

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Saturday 24 February 2018

The intensifying battle for Africa’s burgeoning tech landscape

 Long gone are the days when Africa was disparagingly regarded as the White Man’s Burden. Today, Africa is the continent with the youngest demographic in the world, on the brink of a technical renaissance — yet the world’s tech titans are floundering to understand and gain a foothold in this market. Read More

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Eden acquires OrgOrg, a social network for office managers

 Eden, the office management and tech support platform, has today announced the acquisition of OrgOrg, a social network for office managers to recommend, discuss, and review vendors and products. The terms of the deal were not disclosed. Eden founder and CEO Joe DuBey explained to TechCrunch that a growing number of on-boarding clients said that they had originally heard about Eden from… Read More

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Friday 23 February 2018

Tesla wants to install chargers at the office

 Tesla expects to sell 100,000 electric vehicles in 2018. But electric vehicles don’t make much sense unless chargers are easily accessible and convenient. That’s why Tesla is introducing the Workplace Charging program. It will allow offices and business to apply for a Wall Connector to be installed in the company garage or parking lot. And, except for the actual electricity used… Read More

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Split raises $17M for its product experimentation platform

 Split announced this morning that it’s raised $17 million in Series B funding. The round was led by Lightspeed Venture Partners, with participation from Accel Partners and new investor Harmony Partners. Split has now raised a total of $26.8 million. The startup allows companies to test out new features and deliver them in a targeted way to select groups of users. Co-founder and CEO… Read More

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Bump is a peer-to-peer marketplace for streetwear

 As the streetwear and sneaker industry continues to explode in popularity we’re seeing more and more startups popping up to service the industry, all from slightly different angles. Meet Bump, a peer-to-peer take on a streetwear marketplace. Founded six months ago in the U.K and now part of Y Combinator’s Winter ’18 batch, the startup already has over 200,000 users buying… Read More

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Snips brings its privacy-focused voice assistant to cars

 French startup Snips is announcing two things for its voice assistant SDK. First, the company is showing off an interesting use case in Nuremberg with a Snips-powered voice assistant in a car. Second, you can now build voice assistants in German. Snips isn’t technically competing with Alexa Voice Service or Google Assistant SDK as they’re not designed the same way. Snips… Read More

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MyBagCheck lets you drop off your bags anywhere

 MyBagCheck is a clever system that ensures that you’ll be able to spend that extra few hours in a foreign city without having to lug around fifty pounds of Samsonite. The founder, Micah B. Lewis, created the app to allow people who have bags to get those bags picked up and stored during the day, something every traveler would love. The app is self-funded and Lewis spent $60,000 of his… Read More

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Airbnb is rolling out a new tier aimed at higher-end travelers

 Airbnb today is rolling out a few new additions to their home-booking system, including new tiers that are aimed at higher-end customers called Airbnb Plus and Beyond by Airbnb. The new Airbnb Plus tier has homes that are verified for “quality and comfort,” rolling out with around 2,000 homes to start that have been inspected against a thorough checklist. The Luxury tier, called… Read More

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Thursday 22 February 2018

Stealth space catapult startup SpinLaunch is raising $30M

 What if instead of blasting cargo into space on a rocket, we could fling it into space using a catapult? That’s the big, possibly crazy, possibly genius idea behind SpinLaunch. It was secretly founded in 2014 by Jonathan Yaney, who built solar-powered drone startup Titan Aerospace and sold it to Google. Now TechCrunch has learned from three sources that SpinLaunch is raising a massive… Read More

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Customer service bot startup Agent IQ announces $6.3 million Series A led by Sierra Ventures

 If you’ve tried to deal with a bot before you can speak to a human customer service rep, you know how frustrating that process can sometimes be. Sure, there are basic tasks that can free up a human rep to handle the more difficult matters, but it can be exasperating when there is no easy way to talk to a person. Agent IQ, a startup that has developed customer service bots, acknowledges… Read More

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Indigo Fair raises $12M to connect wholesalers with smaller retail outlets with a smarter service

 Max Rhodes was walking around that weird little parklet in Hayes Valley in San Francisco after taking a break from a five-year stint at Square to figure out what he wanted to do next — and he kept seeing Square registers everywhere. It was spotting them over and over again in smaller retail shops dotted throughout the city that made him think about the connections between the average… Read More

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Robinhood rolls out zero-fee crypto trading as it hits 4M users

 Coinbase has some serious competition. Today Robinhood starts rolling out its no-commission cryptocurrency trading feature in California, Massachusetts, Missouri, Montana and New Hampshire. Users can buy and sell Bitcoin and Ethereum with no extra fees, and track those and 14 other coins in its sleek app. That’s compared to paying 1.5 to 4 percent fees in the US on Coinbase. Users can… Read More

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Product Hunt launches no-spam tech news digest app Sip

 “We didn’t want to create another app thirsty for attention” writes Product Hunt CEO Ryan Hoover. So instead of a constant stream of fresh stories and alerts, Product Hunt today is releasing what’s essentially a tech industry newsletter in iOS and Android form. Sip distills the day’s big headlines into a set of Twitter Moments-esque slideshows delivered via… Read More

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Proven wants to sell AI distilled custom skincare

 YC-backed startup Proven wants to make it suck less for women to find skincare that works for them. The co-founders are taking what they describe as a “rational, logic-based” approach to figuring out which ingredients might be most appropriate for each individual. Read More

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Anchor’s new app offers everything you need to podcast

 Broadcasting app Anchor, which helps anyone record and share audio, is relaunching its app today with a new focus on serving the larger podcaster community. While in the past, Anchor was carving out a niche for itself in the short-form, social audio space, the new version – Anchor 3.0 – aims to be everything you need to record, edit, host, publish, and distribute a podcast of… Read More

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Feature Labs launches out of MIT to accelerate the development of machine learning algorithms

 Feature Labs, a startup with roots in research begun at MIT, officially launched today with a set of tools to help data scientists build machine learning algorithms more quickly. Co-founder and CEO Max Kantor says the company has developed a way to automate “feature engineering,” which is often a time consuming and manual process for data scientists. “Feature Labs helps… Read More

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Teampay raises $4m so you don’t have to steal your CEO’s credit card anymore

 Few problems are as much of a headache for the modern corporate worker as buying things on the company’s dime. Companies are loathe to hand out credit cards to everyone in the building, but they also want their employees to do your job without having to fill out six forms in triplicate to requisition a pencil. They also want to control spending and track who bought that $2,000 bottle… Read More

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Tel Aviv, TechCrunch is coming back, this time with a conference

 The third time is a charm, Tel Aviv. After holding a Meetup + Pitch-off the last two years in Israel, TechCrunch is returning on 7 June 2017 for a day-long conference. As much fun as networking on a roof facing the Mediterranean Sea is, we’re ready to dig deeper into the tech that is coming out of Israel, focusing on mobility. The mobility industry is ripe for disruption. It is gaining… Read More

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Tinyclues, the AI-driven campaign marketing solution, scores $18M Series B

 Tinyclues, the French startup that offers an intelligent campaign marketing solution that uses AI to help push the right products to the right customers, has closed $18 million in Series B investment. Leading the round is EQT Ventures, with participation from existing backers Alven, Elaia Partners, and ISAI. Read More

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Startup that sells your salary data to VCs gets bought by Solium

 Investors don’t want their portfolio companies to pay you too much, or too little. So they pay Advanced-HR for its compensation data pulled from 2,500 startups. With a generic name, the service has flown somewhat under the radar since launching 20 years ago. As startups grow more professional while staying private longer, they’re getting serious about how they structure equity… Read More

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Peer-to-peer camera rental startup KitSplit raises $2.1M

filmmaker sunset KitSplit, which operates a peer-to-peer marketplace for creative equipment, is announcing that it’s raised $2.1 million in seed funding. The equipment available for rental can include cameras, lights and lenses, but also VR gear and drones. Renters get access to this equipment for a lower price (CEO Lisbeth Kaufman estimated said KitSplit usually costs 30 to 50 percent less than… Read More

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Onward helps businesses automate their customer service

Onward team How much can customer service be automated? Onward has some straightforward targets — 40 percent of tickets and 40 percent of messages should be automated, and average response times should be 40 seconds on average. Founders RĂ©mi Cossart and Pramod Thammaiah describe this as Automate40 — basically, a set of goals for businesses looking to bring more automation into the customer… Read More

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