Month: January 2019

Alchemist, which began as an experiment to better promote enterprise entrepreneurs, has morphed into a well-established Silicon Valley accelerator. To prove it, San Francisco-based Alchemist is announcing a fresh $2.5 million investment ahead of its 20th demo day on Wednesday. Jupiter Networks, a networking and cybersecurity solutions business, has led the round, with participation from
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Communications satellites are multiplying year by year as more companies vie to create an orbital network that brings high-speed internet to the globe. Ubiquitilink, a new company headed by Nanoracks co-founder Charles Miller, is taking a different tack: reinventing the Earthbound side of the technology stack. Miller’s intuition, backed by approval and funding from a
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The Linux Foundation’s Hyperledger Project has a singular focus on the blockchain, but this morning it announced a framework for building supply chain projects where it didn’t want blockchain stealing the show. In fact, the foundation is careful to point out out that this project is not specifically about the blockchain, so much as providing the
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French startup Mooncard raised a $5.7 million funding round (€5 million) from Raise Ventures, Aglaé Ventures and business angels. The company provides a service to track and manage your company’s expenses with the help of good old plastic cards. Corporate credit cards aren’t as widespread in France as in the U.S. and other countries. That’s
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French startup Wynd raised another $82 million (€72 million) from Natixis, Sofina and BNF capital. The company started with a point-of-sale solution for restaurants and other brick-and-mortar stores. It now provides a one-stop-shop for all your digital needs when it comes to managing your offline and online sales. The startup has raised $127 million in
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Through telemedicine and direct-to-consumer sales platforms, startups are streamlining the historically arduous process of accessing contraception. The latest effort to secure a significant financing round is The Pill Club, an online birth control prescription and delivery service. Consumer-focused investor VMG Partners has led its $51 million Series B, with participation from new investors GV and
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TaxScouts, the U.K. “tax preparation” startup founded by TransferWise and Marketinvoice alumni, has created some new paperwork of its own. The London-based company has raised £1.2 million in seed funding. Leading the new round is SpeedInvest, with participation from Finch Capital and SeedCamp. It adds to £300,000 in pre-seed investment that TaxScouts announced six months
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On-demand food delivery startup Munchery is ceasing operations effective immediately, the startup announced in an e-mail to customers on Monday. Founded in 2010, the San Francisco-based business had raised a total of $125 million in venture capital funding, reaching a valuation of $300 million with an $87 million round in 2015, according to PitchBook. Munchery
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Kaia Health, a self-styled digital therapeutics” startup, has pulled in $10 million in Series A funding for an app-based approach to chronic pain management. The idea is to offer an alternative to painkillers, using mobile technology to deliver what the founder describes as multimodal, “mind body therapy” for musculoskeletal (MSK) disorders — comprised of guided
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Taxi drivers in major cities in Spain are on strike again to apply pressure for more stringent regulations to control app rivals such as Uber and Cabify which they view as unfair competition. In Barcelona the taxi sector called an indefinite strike on Friday, using their vehicles to block Gran Vía in the Catalan capital,
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London, with its huge FinTech hub, is continuing to attract investment and that is no better represented today than with the news that MarketInvoice, arguably Europe’s largest online invoice finance platform, has raised £26M ($33.5M) in a Series-B funding round led by Barclays and fintech fund Santander InnoVentures, alongside participation from European VC Northzone, which
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Gather a mob and Facebook will now let you make political demands. Tomorrow Facebook will encounter a slew of fresh complexities with the launch of Community Actions, its News Feed petition feature. Community Actions could unite neighbors to request change from their local and national elected officials and government agencies. But it could also provide
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