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Microsoft’s Airband Grant Fund invests in 8 start-ups delivering internet-connected solutions to rural communities around the globe

Internet access is as essential as electricity. It empowers entrepreneurs to start and grow small businesses, farmers to implement precision agriculture, doctors to improve community health and students to do better in school. Microsoft  announced eight early-stage startups from the  U.S., Africa and Asia selected its third annual Airband Grant Fund. According to Microsoft, these start-ups… Read More »

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Information security startup Hyas raises $6.2 million in series A from Microsoft, others.

Hyas, an information security startup that identifies and helps take down cybercriminals has raised $6.2 million in a series A round of funding. The funding round was led by  Microsoft through its  venture capital arm, M12. Other participants include Startup Capital Ventures, 205 Capital, Wesley Clover, and cybersecurity veterans Tim Eades, cofounder of network security firm vArmour,… Read More »

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Rental Management Startup Hostmaker Raises $5 Million

Hostmaker, a home rental management services company, has raised $5 million in venture debt. Silicon Valley Bank led the investment in the startup, which has raised $25 million in total since its founding in 2014. Hostmaker helps to run rentals, such as with housekeeping services, and to market them across platforms such as Airbnb and… Read More »

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Payroll Startup Gusto Raises $140 Million in Series C Funding

HR & Payroll solution startup Gusto has raised $140 million in a Series C funding round. The new investment values the company at about $2 billion, twice its valuation from three years ago. The funding round was led by T. Rowe Price Associates Inc., Y Combinator Continuity Fund and General Catalyst. MSD Capital (Michael Dell), Dragoneer… Read More »

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London AI startup Hazy secures $1.8 million additional seed funding

London-based AI startup Hazy has raised an additional $1.8 million seed funding.This brings Hazy’s total seed funding to $2.8 million following a $1 million investment from M12 and Notion in May, after Hazy was declared the European winner of global startup competition Innovate.AI. The round was led by UCL Technology Fund, alongside Nationwide Building Society, Pentland, Amadeus Capital Partners, AI Seed and other investors. Hazy, founded… Read More »

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Mobility Startup Shuttl raises $11 mln from Amazon India, others

Gurugram-based urban mobility startup Shuttl raised $11 million in its series B financing. The round was led by Amazon India, Amazon Alexa Fund, and Dentsu Ventures. The company’s existing investors Sequoia Capital, Times Internet, and Lightspeed Ventures, also participated in the round. The company plans to use the funds to strengthen its position in the technology-enabled seat-based… Read More »

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Microsoft’s Venture Fund to invest $4 Million in two Female-led startups

Microsoft’s two-year-old venture fund, M12, is running a competition for business-focused women-led tech startups and will give two winners $2 million each in funding. According to Microsoft, companies founded solely by women represented just 2.2 percent of all venture capital funding in the US last year, according to data from industry tracker Pitchbook. Yet, research consistently shows… Read More »

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Mobile gaming startup Knock Knock raises $2M

Knock Knock, a gaming startup founded by Zynga, TinyCo, and EA alumni, announced today that it has raised $2 million in seed funding towards developing mobile chat games that are playable through messaging apps like Facebook Messenger and WeChat. The funding round was led by Raine Ventures, with London Venture Partners (Supercell, Unity), Ludlow Ventures (Product Hunt), and… Read More »

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