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Online graphic design startup Canva is now worth $1 billion

Canva is Australia’s first unicorn of 2018, after raising $40 million (AUD$50.9 million) to push the design startup’s value over $1 billion. According to CEO and co-founder Melanie Perkins, Canva took on additional capital in this investment funding round. Sequoia Capital has teamed up with long-time Canva investors, Blackbird Ventures and Felicis Ventures, in backing the… Read More »

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new Chinese-backed car startup Byton set to challenge Tesla

On Sunday at CES, new Chinese-backed car startup Byton unveiled its first drivable prototype—an electric crossover with a screen for a dashboard that’s set to launch in late 2019. Byton says the car will be available near the end of 2019 with the 49-inch “shared-experience” display, touchscreen steering wheel, Amazon’s Alexa, and Level 3 autonomy…. Read More »

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Startup Health lands $19.3 million

StartUp Health, a digital health group that supports, connects and finances startups, just landed $19.3 million from Ping An Global Voyager Fund, GuideWell, Masimo Corporation, and a consortium of partners through its Transformer Fund II.  “This [funding] is a really good opportunity to focus on health innovation globally—not just looking at the hubs here in… Read More »

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Apple Acquires Canadian Startup a BuddyBuild

Apple has acquired BuddyBuild a small Canadian company that helps developers build and test mobile apps. Buddybuild offers tools for developers that are designed to let them quickly and easily build apps through GitHub, BitBucket, or GitLab. The entire Buddybuild team will be joining the Xcode engineering group at Apple to “build amazing developer tools… Read More »

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Flux Auto’s self-driving truck is all set to hit Indian roads

Indian-based startup Flux auto is getting ready to launch it’s self-driving trucks. “For us, the more chaotic the roads are, the more data we get and the more trained our algorithm becomes. Indian roads are helping us to make a far sturdier and sophisticated algorithm for our self-driving technology,” says Flux Auto, cofounder, Pranav Manpuria…. Read More »

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MindTickle Raises $27m in Series B Funding

MindTickle, a Sunnyvale, CA-based provider of a platform for businesses to prepare and train their sales teams, raised $27m in Series B funding. The round, which brings total amount raised to $41.3m, was led by Canaan Partners with participation from existing investors Accel Partners, New Enterprise Associates (NEA), and Qualcomm Ventures, the investment arm of… Read More »

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Throtle Raises Series B Funding, led by TransUnion

Throtle, a data onboarding company focused on deterministic identity resolution, announced today that it has closed a Series B funding round led by global credit risk and information solutions provider, TransUnion with additional participation from Auren Hoffman, the former founder and CEO of LiveRamp. The new funding will accelerate the growth and breadth of Throtle’s… Read More »

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Apple buys podcast search startup Pop Up Archive

This morning, the Hot Pod newsletter reported that the company had picked up a small Bay Area-based startup called Pop Up Archive in what appears to the be an effort to build up its in-house podcasting tools. The company offered TechCrunch a followup, noting, “Apple buys smaller technology companies from time to time, and we… Read More »

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Wearable Radiation Shield Startup StemRad Raises $6 Million

StemRad Ltd. announced Sunday that it has raised $6 million in a Series C investment round led by investor Jeff Vinik, who is the owner and chairman of National Hockey League team Tampa Bay Lightning. StemRad develops a radiation-blocking vest for first responders, military personnel and civilians at risk of nuclear and radiological exposure. The… Read More »

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Your Startup and Market Traction

Traction refers to the progress of a start-up company and the momentum it gains as the business grows. The reasoning behind developing traction is to grow the business while meeting specific company goals and objectives. For startups looking for funding, traction means having a measurable set of customers or users that serves to prove to… Read More »

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