Sphero’s on-going deals are about more than just priming the pump for the holidays. The Colorado robotic toy startup is also in the process of cleaning out inventory of what are now be marked “legacy” products on its site. All of the Disney licensed products now carry a “THIS IS A LEGACY PRODUCT AND NO
Month: December 2018
A little taste of 5G is coming early, courtesy of AT&T’s new mobile hotspot. The carrier announced this morning that it will be firing up limited 5G service in a dozen cities across the U.S. this Friday, currently only accessible via the Netgear Nighthawk 5G Mobile Hotspot. Announced in October, the device actually hit the
As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera
Shopping for someone who prefers hiking and camping to the great indoors can be tricky. Not only are outdoor enthusiasts usually less impressed by traditional gifts (clothes, games, etc.) but their preferred realm of technical gear is vast and confusing. If you’d rather not go deep on the research yourself, we’ve got some solid touchpoints
UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by two of its existing investors, European VC Atomico and investment holding firm Sofina. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also told that
Clearbanc is disrupting startup funding by providing companies cash to buy ads in exchange for a revenue share so they don’t have to sell as much equity to venue capitalists. That idea has proven so appealing that 1000 companies seeking up to $1 billion total hit up Clearbanc since we reported it raised $70 million
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global
Dogs have a much wider range of hearing than humans do and noises that don’t bother us can give them a very ruff time. Fireworks are especially tough on many pups and also hard on owners who have to calm their panicking pets. To potentially help them, Ford has developed a noise-cancelling kennel prototype that
Having a package stolen off your front porch sucks. No matter what’s inside the box, it just feels… violating. Someone came into your space and took your stuff just because they could probably get away with it. And even if you go to the cops with license plates and high-res face photos, they’ll often respond
Russian efforts to influence U.S. politics and sway public opinion were consistent and, as far as engaging with target audiences, largely successful, according to a report from Oxford’s Computational Propaganda Project published today. Based on data provided to Congress by Facebook, Instagram, Google, and Twitter, the study paints a portrait of the years-long campaign that’s
Federico Antoni Contributor Federico Antoni is managing partner at ALLVP, an early-stage VC based in Mexico. He is a lecturer in management at the Stanford Graduate School of Business. More posts by this contributor Not another AI post The rise and rise of Mexican fintech Every year I teach an MBA course at Stanford about
Moonbug, a kid-focused media business founded by a pair of entertainment executives, has brought in a $145 million Series A investment led by The Raine Group, a merchant bank that supports technology, media and telecom efforts. Venture capital firms Felix Capital and Fertitta Capital also participated in the financing. Moonbug, headquartered in London, acquires and
Twitter accidentally exposed the ability to pull an account’s phone number country code and whether the accounts had been locked by Twitter. The concern here is that malicious actors could have used the security flaw to figure out which countries accounts were based in, which could have ramifications for whistleblowers or political dissidents. The issue
France’s Economy Minister Bruno Le Maire held a press conference earlier today to announce that France will tax big tech companies starting on January 1st, 2019. This has been a long-rumored tax reform, and it looks like France is changing the scope of the new tax. After a couple of years of negotiations at the
If you are a mother who has taken a break from full-time employment to raise kids, you may have also experienced the challenge that is jumping back into the working world after your break. You may find you need more time flexibility; you have been out of the job market for years and so your
Fintech startup N26 recently launched in the U.K. with a single product offering. You could sign up to a free account that gives you free payments around the world, but no insurance and no free withdrawals in foreign currencies. The company just added a second tier to its lineup in the U.K. And N26 is
Just when you didn’t think there could be any more drama over the Pentagon’s decade long, $10 billion JEDI contract RFP, the plot thickened again last week when Amazon Web Services (AWS) joined the US government as a defendant in Oracle’s lawsuit over the Pentagon’s handling of the contract RFP process. Earlier this month, Oracle
B-Social, a London fintech that currently offers a ‘social finance’ app and beta debit Mastercard, has raised £3.2 million in Seed round funding from undisclosed high-net-worth individuals. However, the fundraise is just the first step in a journey in which B-Social want to eventually become a fully licensed bank that reimagines banking around everyday social
The ride-hailing giant Careem is now in the delivery business as the company seeks new verticals in its ever-increasing fight against other services in the Middle East including Uber. Starting with food delivery in Dhabi and Jeddah, the company sees the delivery service expanding to pharmaceuticals according to a report by Reuters. Careem is investing
K Health, the startup providing consumers with an AI-powered primary care platform, has raised $25 million in series B funding. The round was led by 14W, Comcast Ventures and Mangrove Capital Partners, with participation from Lerer Hippeau, Primary Ventures, BoxGroup, Bessemer Venture Partners and Max Ventures – all previous investors from the company’s seed or Series
India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The ten-year-old company revealed today it has pulled in a total of $540 million from investors to go after international opportunities. The round is led by Naspers, the investment firm famous for
Meeshkan, a Finnish startup that made quite a splash at the recent Slush conference, has quietly raised €370,000 in pre-seed funding to continue developing its “ChatOps” product for machine learning developers. Deployed on Slack, the bot allows developers to “rapidly stop, restart, fork, tweak, monitor, deploy and test machine learning models” without interrupting the collaborative
Colin Kroll, the 35-year-old co-founder and CEO of the HQ Trivia app, has been found dead of an apparent drug overdose in his apartment, TechCrunch has confirmed. A spokesman for the NYPD told us that a female called 911 for a wellness check on Kroll’s apartment and he was found dead inside at 08:00 hours
There’s a lot you can make with a 3D printer: from prosthetics, corneas, and firearms — even an Olympic-standard luge. You can even 3D print a life-size replica of a human head — and not just for Hollywood. Forbes reporter Thomas Brewster commissioned a 3D printed model of his own head to test the face
It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Consider this an ongoing discussion about Urban Tech, its intersection with regulation, issues of public service, and other complexities that people have full
Propel, maker of the Fresh EBT app for managing food stamps and other benefits, announced today that it has raised $12.8 million in Series A funding. Fresh EBT (the EBT stands for the Electronics Transfer Benefit card, which is how food stamp participants receive their benefits) allows users to check their food stamp/SNAP balance and
Amazon recently said Apple Music would find its way onto Amazon Echo devices sometime soon — and sure enough, it appears to be rolling out now. To make Alexa work with Apple’s streaming service, you should just have to jump into the newly updated iOS/Android Alexa app and link up your account. You can find
Pokémon Go creator Niantic is raising a $200 million Series C at a valuation of $3.9 billion according to a report from Katie Roof at the WSJ. The round is expected to be led by IVP with participation from Samsung and aXiomatic Gaming. The upcoming raise would bring the company’s total funding to $425 million according to
Pimcore, an open-source platform for data and customer experience management which has emerged out of Austria, has closed $3.5 million in a Series A funding led by German Auctus Capital Partners AG. The funding will be used for its US expansion. Pimcore is aimed at any channel, device, or industry that wants to manage its
Goldex, a trading app that claims to power so-called ‘ethical pricing’ for retail gold investments, says it has now raised over £1M ($1.25M) in a pre-series A round led by a group of angels and institutional investors. Amongst those participating in the round are Prepaid Financial Services (a European payment card issuer); Gaël de Boissard,
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