A man in Washington DC has died after the electric rental scooter he was riding collided with a car, in what may be the second such death in the nation. The victim became trapped under an SUV in the tragedy during rainy weather at the trendy Dupont Circle area. Rescue workers were able to free… Read More »
London-based interior decoration startup Clippings has raised a Series B round of funding, raising $15.4 million. The round was led by Advance Venture Partners (AVP) with participation from existing investor C4Ventures. Founded in 2014 by architecture-trained entrepreneurs Adel Zakout and Tom Mallory, Clippings aggregates data on over 7 million products from over a thousand brands to simplify… Read More »
Toronto-based adtech startup Cluep raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 million CAD) this week. Founded in 2012, Karan Walia, Sobi Walia and Anton Mamonov were just 21, 17 and 16 years old, respectively, when they started the digital advertising platform, which uses artificial intelligence to help brands connect and… Read More »
Cleo the London-based “digital assistant” that wants to replace your banking apps has raised $10 million in series A funding Already backed by some of the biggest VC names in the London tech scene — including Entrepreneur First, Moonfruit founder Wendy Tan White, Skype founder Niklas Zennström, Wonga founder Errol Damelin, TransferWise founder Taavet Hinrikus and LocalGlobe — Cleo is… Read More »
Every season alchemist accelerator, the ccelerator dedicated to Enterprise Startups feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model. Here are the 19 lucky… Read More »
On Thursday, Portuguese-based edtech startup Magikbee announced it had secured an additional $250,000 in funding to help the young company to continue to develop its edtech portfolio, bringing the total worth to $3.3 million. the funding round was led by Ideias Glaciares, Bluemind Investments and James Fitzgerald, Global Vice-President of ServiceNow. Over the past two years, the company has… Read More »
On Thursday, Singapore-based OHMYHOME announced it has raised S$4 million in Series A funding. The funding was led by Golden Equator Capital with participation from individuals and family offices. Launched in September 2016 by sisters Rhonda Wong and Race Wong, Ohmyhome seeks to simplify how properties in Singapore are being transacted, through making housing transactions… Read More »
Livspace, a Singapore-founded home interior and renovation platform whose three-sided marketplace brings together homeowners and a curated community of designers and vendors, has raised US$70 million in Series C funding. The round was led by global investment funds TPG Growth and Goldman Sachs with participation from existing investors Jungle Ventures, Bessemer Venture Partners and Helion Ventures also… Read More »
A new study by Carta, a Palo Alto company that helps startups manage employee and investor equity has found that female employees at startups typically get less than half the amount of equity of their male peers. Female employees own 47 cents for every dollar of equity a male employee owns. The equity discrepancy is even more… Read More »
India’s software services industry body The National Association of Software and Services Companies (Nasscom) unveiled the second phase of the 10,000 start-ups initiative that will focus on mentoring deep technology ventures in areas such as artificial intelligence (AI), machine learning (ML) and blockchain. The Accelerate 10X programme, that aims to catapult the nation’s deep tech startup ecosystem onto… Read More »
