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Graphcore Secures $30m to Accelerate Artificial Intelligence

Graphcore Ltd, a startup developing new technology to deliver massive acceleration for machine learning and AI applications, has completed a $30m Series-A funding round from a world-class line up of venture capital and strategic investors. The funding was led by Robert Bosch Venture Capital GmbH with Samsung Catalyst Fund and other major technology firms, alongside… Read More »

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On Demand Driver Services Startup Zuver Raises Seed Funding

Mumbai-based startup Zuver has raised $180K (INR 1.2 Cr) from IT consulting & infrastructure management group Shruth & Smith Holdings and retail assisted ecommerce network Hermes Group. Co-founded by Sidhanth Mally and Sovin Hegde in 2015, Zuver, provides on-demand, location specific driver services. Users can book a driver on Zuver’s aap as per their convenience…. Read More »

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PayPal co-founder raises $100M for his lending startup Affirm

Max Levchin, a longtime entrepreneur who previously served as co-founder and chief technology officer at PayPal, has raised $100 million for lending startup Affirm, which he co-founded in 2012. Affirm gives consumers without a credit history or savings buying power. The startup offers financing for online purchases, such as a couch or guitar, which is… Read More »

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South African tech startup Eduze charms TED as lead investor

South African tech start-up Eduze announces partnership and investment from TED. Eduze is making waves in the digital content industry, attracting attention to its strategy: “Great digital content. Done right”. By “done right” they mean providing all Africans with equal access to reliable, relevant, and uplifting content that is entertaining and educational. Frustrated by the… Read More »

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Smart doorbell startup Ring raises $61.2M

Santa Monica-based Ring, the developer of the smartphone connected, video doorbell has raised $61.2M in a big, Series C funding round that was led by Kleiner Perkins Caufield & Byers, with participation from existing investor Sir Richard Branson. Ring said the new funding will let it expand its line of smart video doorbells, and further… Read More »

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Israeli startup Shoppimon closes $2.3 mln seed round

Israel based startup Shoppimon whose solution monitors online store performance by mimicking the experience of its customers, announced it has closed $2.3M in seed funding from participants including, AOL, StageOne Ventures, Explore and 2B-Angels. By focusing on a wide range of problems eCommerce sites face, Shoppimon identifies and alerts its users to a gamut of… Read More »

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