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Jordan-Based Agri Tech Startup Nestrom Raises Seed Funding From Regional Investors

Nestrom, a Jordan-based agri-tech startup developing farm management systems, has raised undisclosed amount of seed funds from investors Propeller Inc, 500 Startups, global agricultural enterprise Agrimatco, Wamda Capital, and other angel investors. Co-founded by entrepreneurs Yousef Wadi, Kanaan Manasrah, and Shadi Al Shalabi in early 2017, Nestrom focuses on “delivering high-end, easy to deploy agricultural… Read More »

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StartAD set for Feruary 18 to feature fintech startups

StartAD’s Fintech Venture Launchpad has created a platform for direct engagement with investors. Innovation platform startAD will host a ten-day entrepreneurship programme, Venture Launchpad, at New York University Abu Dhabi (NYUAD), from February 18-27. Happening on February 18-27, 2018 at NYU Abu Dhabi, early-stage fintech startups focusing on the crowdfunding, peer-to-peer landing, blockchain, algorithmic trading,… Read More »

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Israel-Based Drone Data Analysis Startup SkyWatch Raises $2 Million in Seed Funding

Israel-based drone risk assessment and insurance startup SkyWatch Ltd. raised $2 million in a seed round led by Israel-based venture capital firm F2 Capital Ltd., Tel Aviv-based private investment firm Kaedan Capital Ltd. and New Jersey-headquartered Verizon Ventures, the company announced Wednesday. Other participants in the round include French multinational insurance firm AXA, U.S.-based Liberty… Read More »

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Cambridge startup Intellegens secures maiden deal for its AI technology

Cambridge startup Intellegens has secured a landmark maiden deal for its Alchemite™ artificial intelligence technology. The company has revealed its first commercial collaboration – with e-Therapeutics, an Oxford-based pioneer of Network-Driven Drug Discovery. Alchemite will enable e-Therapeutics to generate improved predictions, correct errors and fill in gaps in the large-scale biological and chemical information repositories… Read More »

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Oakland Food-sharing startup Josephine is shutting down

Josephine, an Oakland, California-based startup that paired home cooks with hungry neighbors, has decided to shut down after almost four years in business. The last meals provided by its cooks will be delivered March 30. Co-CEO Charley Wang wrote on Josephine’s blog, “We knew that Josephine was an ambitious idea from day one and, as… Read More »

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Twitter, Craigslist Co-Founders invest in Fact-Checking Startup Factmata

UK-based fact-checking startup Factmata has won a $1 million funding round. The company, whose 25-year-old founder Dhruv Ghulati drew headlines last year having successfully blind-pitched Mark Cuban, was given its latest round by Silicon Valley insiders including Twitter’s Biz Stone, Zynga’s Mark Pincus and Craigslist founder Craig Newman. Newmark and Stone are joining other well-known… Read More »

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A.I. Hardware Startup Lightelligence Raises $10M

Lightelligence, an MIT-spinoff company working on next-generation AI hardware announced on Friday that it has raised a $10 million seed financing round backed by “top VC investors and leading industry technologists” to support development.  SiliconAngle reported that the round was led by Baidu Ventures, which is the venture capital arm of Chinese tech giant Baidu, and… Read More »

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Amazon invests in voice recognition startup Pulse Labs

Voice control faces multiple challenges. It’s still a relatively new technology and it’s dogged by the inaccuracy of previous implementations. People are also sceptical that they really need or want voice control. Until this new breed of apps can prove they are faster than regular touchscreen interfaces, users will keep falling back to what they… Read More »

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Health start-up Medopad raises $28 million

British health tech start-up Medopad has raised $28 million in its first round of financing, after having struck $100 million worth of deals in China with firms including Tencent. Medopad creates a mobile app that lets doctors remotely monitor and connect to patients and give them health data. The company’s app can be modified to… Read More »

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Pokémon GO creator Niantic buys Escher Reality AR startup

The company behind Pokémon GO, Niantic, has announced that it is acquiring augmented reality startup Escher Reality – a Bay Area-based startup that has developed technology to build advanced AR games and experiences. Escher Reality builds backend services for cross-platform mobile AR so users can interact with each other and objects in the environment. The… Read More »

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