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Momo buys Tantan, China’s Tinder, for over $600M

Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on Nasdaq with a market cap of around $6 billion, announced that it has acquired Tantan, China’s top dating app, for “approximately 5.3 million newly issued Class A ordinary shares of the Company and US$600.9 million in… Read More »

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Bike-share startup Zagster raises $15 million

Zagster, the bike-share company behind the Pace brand, has raised a $15 million round led by Edison Capital Partners. The startup has also unveiled its new bike parking system for both shared and personal bikes. “Bikes have always locked to things,” Zagster CEO Tim Ericson said in a press release. “Cities have been willing to… Read More »

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Event technology startup eventcore raises $4.1 million

Eventcore, a Seattle startup focused on event planning and management, has raised $4.1 million to grow on a national level. Eventcore, a Seattle startup focused on event planning and management, has raised $4.1 million to grow on a national level. The cash infusion allows the 46-person company to a national sales and marketing presence speed… Read More »

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Bosch acquires B2B rideshare startup SPLT

Bosch has acquired a ridesharing startup called SPLT, a US start-up based in Detroit toperates a platform that allows companies, universities, and municipal authorities to offer their workforces ridesharing services. Bosch, a leading global automotive industry supplier, is also establishing a new dedicated mobility services division, a sign of the changing times and nature of the… Read More »

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Ex-Synack Engineers Raise $3 Million for Security Startup

Two engineers formerly of Synack, a bug-hunting startup, have raised $3 million in funding for a new cybersecurity venture. The pair of entrepreneurs, Bjoern Zinssmeister and Matthias Kadenbach, formed Templarbit last year with the aim of helping businesses shore up app security. The duo, both Germans who immigrated to the U.S., graduated from Y Combinator,… Read More »

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Subscription-based startup Serial Box Raises $1.65M seed round

Serial Box, a subscription-based startup that offers serialized stories in both written and audio form, has announced a seed investment round of $1.65 million. The round was led by Boat Rocker Media, whose recent investments include CAA Creative Labs, The Outline, MarcoPolo Learning and the acquisition of Fremantle Kids & Family. Other investors include Mattias Lundgren, CEO… Read More »

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OrCam raises $30.4 million, bringing startup to $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million in its most recent funding round led by Israeli institutional investors Clal Insurance Enterprises Holdings Ltd. and Meitav Dash Provident Funds and Pension Ltd. The latest investment will fuel… Read More »

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Identity verification startup Everproof closes $1.5 million seed round

Melbourne startup Everproof, whose platform digitises and verifies accreditations, has raised $1.5 million in a seed funding round led by Reinventure and Allectus Capital as it looks to expand its offering into the financial services market. Launched by Hugh Krantz, Nathan Merzvinskis, and Andreas Limberopoulos in 2016, the platform allows users to store their various… Read More »

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