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U.Ventures invest $1.5 million in Ukrainian startups

U.Ventures, a venture investment fund launched in late 2017 by WNISEF, has just announced a $1.5 million investment in three Ukrainian startups: YouTeam, 3DLook and Pufetto. The terms of the deal are yet to be disclosed but the funding will be used to improve their products, expand their teams and scale up. YouTeam, a marketplace for hiring remote software… Read More »

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Nine Irish Startups set to begin first NDRC at ArcLabs Accelerator.

  Nine new, exciting startups in Ireland’s sunny South East recently began the first ever NDRC at ArcLabs accelerator programme, supported by Enterprise Ireland. The programme is the second regional accelerator undertaken by NDRC, following the successful delivery of NDRC at PorterShed, in Galway, last year. The Accelerator programme is part of Enterprise Ireland’s overall… Read More »

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Microsoft acquired AI conversational startup Semantic Machines

Microsoft has acquired conversational AI startup Semantic Machines for an undisclosed amount. Founded in 2014, the startup’s goal was to build AI that can converse with humans through speech or text, with the ability to be trained to converse on any language or subject. Semantic Machines has raised about $20.9 million in funding from investors, including General… Read More »

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Recruitment tech startup Debut nabs funding from James Caan CBE

Recruitment tech firm Debut has raised a further £5.1m in funding from James Caan CBE, a former Dragon and recruitment entrepreneur. Debut, founded two years ago, has raised £7.3m to date from prominent funds including LocalGlobe. Charlie Taylor, Founder and CEO of Debut commented on the fundraise. “Given the importance of an effective, productive and… Read More »

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PayPal, Alpha JWC Ventures to invest in SEA fintech startups

GLOBAL technology platform and digital payments leader PayPal Holdings, Inc and Southeast Asian venture capital firm Alpha JWC Ventures announced that Alpha JWC will invest up to US$5 million in 2018 participants of PayPal Incubator, a fintech startup incubation programme in Southeast Asia. Launched in 2016, the nine-month PayPal Incubator programme offers participating startups the opportunity… Read More »

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Edu-tech startup NeoStencil acquires TestCafe

NeoStencil, an ed-tech startup, has acquired TestCafe, an analytics-based test practice portal which was founded in 2014. Both parties did not disclose details of the deal. “TestCafe’s analytics-based testing is the perfect complement to our online coaching platform. Combining the two will help our students prepare better, and make their preparation outcome-driven” said Kush Beejal,… Read More »

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