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Startup Ledger Raises $75M for Crypto Wallets

French startup Ledger has just raised $75 million in a Series B funding that will be used for expanding its crypto wallets, TechCrunch reported today. The round, which was led by Draper Espirit, joins the $7 million in funding Ledger received last year; the larger amount (and the fact that the round was oversubscribed, Ledger… Read More »

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Software Platform Provider C3 IoT Inc raises $100M

Artificial intelligence and “internet of things” software platform provider C3 IoT Inc. today said it has raised $100 million in new funding. The late-stage round was led by TPG Growth and included Rise Fund, Breyer Capital, Sutter Hill, Pat House and C3 IoT founder, Chairman and Chief Executive Thomas M. Siebel. The valuation on the deal… Read More »

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Pangea to pilot $50k startup accelerator in Kenya

International startup support platform Pangea has partnered Strathmore University’s @iLabAfrica to pilot a US$50,000 accelerator programme in Kenya. Applications are open until February 15 for the Pangea accelerator, which will select 40 startups to undergo a three-month milestone-based programme, during which they will be coached by international investors and experts. The programme will conclude with… Read More »

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UNICEF Wants to Fund Early Stage Blockchain Startups

The United Nations Children’s Fund (UNICEF) is seeking to invest in early stage blockchain startups with the potential to help children across the globe. In an announcement today, the U.N. program said it is offering equity-free investments of $50,000–90,000 to seed-stage startups developing solutions on open blockchains in areas including smart contracts, tokens, mining and data analysis. The… Read More »

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Kenya Govt Sets up Blockchain & Artificial Intelligence Taskforce!

The Kenyan Government has began setting up a taskforce that will work on a comprehensive strategy to encourage and adopt emerging technologies such as Blockchain and artificial intelligence (AI). According to minister for ICT Joe Mucheru, the ICT ministry this week began receiving applications from interested and qualified Kenyans who would wish to form part… Read More »

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Bay Area self-driving car startup Pony.ai raises $112 million

Pony.ai reported Monday that it raised $112 million to develop autonomous vehicles. The company — with offices in Fremont and Guangzhou, China — already has test cars prowling Bay Area streets and plans to begin running an autonomous fleet in Guangzhou in the next three months. Pony.ai’s substantial fundraising round, led by Morningside Venture Capital… Read More »

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True Fit Raises $55 Million in Series C Funding

On Monday, Personalization platform provider True Fit announced it had closed on $55 million of series C funding. The funding round was led by Georgian Partners, along with participation from the existing investors that included Jump Capital, Signal Peak Ventures and Intel Capital. New investor Cross Creek Capital also participated in the round. “The new funding… Read More »

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Swedish fashion e-commerce company NA-KD raises $45M Series B

NA-KD, the Swedish fashion e-commerce company that sells women’s clothes direct to consumers, has raised $45 million in Series B funding. Noteworthy, $5 million of that is secondary investment as some early shareholders, not including the founders or management team, partially cash in. Leading the round is Partech, with the participation from U.S.-based FJ Labs…. Read More »

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Nordics-China creates Artificial Intelligence Fund

Chinese business accelerator COMB+ and the Beijing Institute of Collaborative Innovation (BICI) have announced the creation of a new Artificial Intelligence Fund with a target size of €65 million. The fund will focus on international technology start-ups entering the Chinese market. The fund is part of the Comb+ Sino Track accelerator program, which was launched… Read More »

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SoftBank’s Vision Fund backs online car marketplace Auto1

SoftBank’s Vision Fund – the largest ever focused on tech backing Auto1, a Berlin-based online marketplace for buying and selling cars. It is investing €460m in the five-year-old startup, one of the most highly valued in Europe at €2.9bn with the fresh investment and already backed by Baillie Gifford, DST Global and Princevile Global. SoftBank’s… Read More »

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