Toronto-based adtech startup Cluep raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 million CAD) this week. Founded in 2012, Karan Walia, Sobi Walia and Anton Mamonov were just 21, 17 and 16 years old, respectively, when they started the digital advertising platform, which uses artificial intelligence to help brands connect and… Read More »
Nigerian biotech startup Coating+ pitched the innovative solution to the 2018 Thought For Food Summit judges, and brought the team to victory taking home $10,000. The startup, which was founded by a group of Biochemisty masters students at the University of Ilorin, provides safe coating for plants and vegetables that elongates their shelf life, preserves nutrient quality, and enables… Read More »
Your-Space announced the opening of 7 new co-living facilities across Delhi-NCR, Mumbai, Chandigarh, Jalandhar and Pune. The startup now host 1200 beds across six operational cities with an average occupancy of 80-85 percent. Launched in 2016, Your-Space has so far raised $1 million fund from angel investor and HNIs. The company, co-founded by Shubha Lal, Karan Kaushish… Read More »
When Paul Kimani and Jackson Kung’u came up with the idea of TozzaPlus, they had one thought in mind – to create a three-in-one, cloud based end-to-end solution for employee time tracking, payroll preparation, and payout – a one of its kind solution in the Kenyan market. But how did the two electrical and information… Read More »
Less than two weeks after Bird announced it had raised $300 million at $2 billion valuation, on monday, scooter rival Lime announced a new funding round of $335 million. The round was led by Alphabet’s tech investing group GV with participation from earlier Lime investors including Andreessen Horowitz and Singapore’s Sovereign Wealth Fund, and new investors Alphabet, IVP,… Read More »
The World Economic Forum announced its annual list of Technology Pioneers late last month with 61 startups making the cut. Of the 61 early-stage companies recognized for their design, development and deployment of potentially world-changing innovations and technologies, a majority (54%) come from outside the United States, including many from emerging markets, and a quarter… Read More »
The creators of the photo app Prisma, which went viral back in 2016 for making images look like works of art, are quitting launch an AI startup. Prisma CEO Alexey Moiseenkov and CMO Aram Hardy have raised $1 million in seed funding for Capture Technologies from investors, including Kleiner, Perkins, Caufield, and Byers, and Russia’s Mail.Ru Group. Other backers include Social… Read More »
In an attempt to gain an edge in the education market, Microsoft Corp.Microsoft has announced the acquisition of Flipgrid, a Minneapolis-based educational software startup. The technology giant announced the acquisition of the startup behind a video learning platform with more than 20 million users worldwide all over the world, including teachers, students, and parents, from Pre-K all… Read More »
A Kenya-based digital payment startup using blockchain technology is seeking to partner with more Asian companies and plans to open an office in the region next year. The company, BitPesa, offers international payment services to companies, and it can execute transactions in as little as one hour. That quick turnaround means risk exposure due to… Read More »
After a lengthy hiatus, we are excited to re-introduce our startup spotlight segment where we feature interviews with founders and other interesting people in the startup scene. To kick us off is Michael Hoffman of CEO of Gather Voices app, a user-generated video platform that lets users easily create and share videos with their networks…. Read More »
