Startups

Financial services giant Citi reckons fintech startups are missing out on a major opportunity to disrupt institutional banking. Indeed, it’s inviting entrepreneurs to do so. “Opportunity is enormous,” said Naveed Sultan, global head of treasury and trade solutions for Citi, speaking during a fireside chat at the Mobile World Congress tradeshow this week. “And the
0 Comments
This is an excerpt from Ryan Holiday’s new book Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue, available now. Peter Thiel’s vague idea to do something about Gawker, the site that had outed him as gay in 2007, was concretized into conspiracy on April 6, 2011. It began unremarkably, when Thiel traveled
0 Comments
ClassPass is not accustomed to sitting idle. The startup, a subscription marketplace that lets users find and book fitness classes, is today introducing credits. ClassPass CEO Fritz Lanman hinted at the change at Disrupt SF last year, explaining that the service has a great market fit with a certain demographic, but doesn’t work as well
0 Comments
Restaurant delivery service DoorDash is joining the unicorn club with its latest round of funding. The company is announcing that it’s raised $535 million in a Series D round. And while it’s not saying anything about valuation, a source close to DoorDash told us that the new funding values the company at $1.4 billion (post-money).
0 Comments
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. In an announcement, JD.com said startups will work with its operational teams to “test real-world applications of their
0 Comments
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 Semercioğlu become part of the Triple team as Head of Market Growth, while I understand it was part cash, part stock. The Turkish startup had previously raised a seed round in
0 Comments
Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: 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
0 Comments
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
0 Comments
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,
0 Comments
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
0 Comments
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
0 Comments