Startups

SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and cryptocurrency trades. In fact, toward that end, they’d like more expansive powers when it comes to protecting customers on cryptocurrency exchanges from fraud. “When you have an unregulated exchange, the ability to manipulate prices
0 Comments
Meet ProcessOut, a French startup that automatically routes transactions to the best payment provider. This way, big online services can start using multiple payment providers, pay fewer fees and reduce the number of declined transactions. The startup has just raised $1 million from various business angels, such as BlaBlaCar CTO Francis Nappez, former PayPal Director
0 Comments
Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. 2018 looks to be the year of numerous VC investments. TPG acquires TRACE January got the funding party started. U.S.-based private equity firm TPG Growth acquired a majority stake (of an undisclosed value) in entertainment company TRACE. TRACE is a global multimedia giant for African
0 Comments
Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. The round is led by London-based VC firm Balderton Capital, with participation from TriplePoint Capital, Mons Investments, and previous
0 Comments
Today marks the 52nd Super Bowl, and quite a bit has changed since that first big game. Then, it was called the AFL-NFL World Championship Game. In 1967, the cost of a movie ticket was $1.25, and color TV was just starting to become popular. Today, more than fifty years later, we can now stream
0 Comments
A group of students from the Warsaw University of Technology and the Jagiellonian University in Krakow built an indoor location system for disabled students. They’re rolling out the app, created during a local Campus App Challenge/hackathon. The creators, Łukasz Ławniczak, Jakub Kmiotek, Tomasz Urbaszek, Miron Marczuk, and Szymon Stankiewicz, used a tool called IndoorWay to
0 Comments
China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming pickier, demanding premium brands at better prices, with better service. Now Le Tote, the fashion rental service backed by Andreessen Horowitz, GV and other investors, is preparing to enter the fray.
0 Comments
Factual announced this morning that it’s expanding its Geopulse ad-targeting suite, with new products designed to help advertisers measure whether their campaigns drive in-store visits, and to give them more guidance on overall strategy. You may remember that Factual was founded a decade ago by Gil Elbaz, with the aim of creating an open repository for data.
0 Comments
Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round. Bench first launched out of TechStars NYC in 2012. Back then, the company was called
0 Comments
What should we do about token sales? Two days ago a Lithuanian “company” called Prodeum looked like a promising if silly blockchain startup. Their stated goal? To track every piece of food on the internet. While I doubt many of us will care about the exact provenance of the orange we just ate, we could
0 Comments
Heptio holds a special place in the Kubernetes startup ecosystem. Its co-founders, Craig McLuckie and Joe Beda, are, after all, also two of the co-founders of the Kubernetes project (together with Brendan Burns), which launched inside of Google. Heptio also raised $8.5 million when it launched in 2016 (and another $25 million last year), but it
0 Comments
In the latest chapter of GAFAM’s continuing bid to conquer online gaming, Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed.
0 Comments
Boeing’s HorizonX is the aerospace company’s vehicle for making investments in promising next-generation startups and technology, and it just placed its latest bet: funding in Cuberg, a Berkeley-based battery tech startup that has a founding team including Stanford University researchers. Battery tech is still one of the most frustrating roadblocks any company encounters when trying
0 Comments
The battery life of wearables, IoT devices, and smartphones remains one of the tech industry’s biggest challenges and often a significant barrier to mainstream adoption. (I, for one, can’t think of anything more tedious than having to charge a watch every night). There are various ways to tackle this problem, from better power management software
0 Comments
D ental care can be costly and hard to access, especially if you live in a rural community or a third-world country. In fact, the biggest barrier to dental care is cost. This is according to the American Dental Association, which says many rural areas lack access to dental professionals.  Other than the obvious aesthetic benefits of straighter
0 Comments