S&P Global Inc. said it would buy technology startup Kensho Technologies Inc. for about $550 million, its second investment in the artificial intelligence sector this year. The deal is the latest sign of Wall Street embracing AI. Almost one-fifth of banks and financial-services companies surveyed by Greenwich Associates have implemented AI technology into their businesses,… Read More »
On Friday, Tel Aviv-based AI startup AnyVision announced it has closed a $28 million Series A funding round led by Bosc...
Hyderabad-based realty startup Foyr.com has announced $2 million in funding from SRI Capital in a series A funding round...
London-based startup TrueLayer has raised $7.5 million in funding in a round led by venture capital fund Northzone....
Sweden-based heath tech startup Engaging Care has raised $800,000 in “pre-seed” funding. The round saw parti...
India’s online ticketing service for cinemas, theatres and sports in India BookMyShow has raised $100 million in s...
Baltimore startup TeamPassword was bought by Texas-based data security firm Jungle Disk, according to the companies, which did not disclose the terms. Jungle Disk officials said the acquisition will allow the company to offer additional services to small businesses, including help generating secure unique passwords and easy-to-use password management. The officials pointed to a recent… Read More »
BlackBerry is suing Facebook for patent infringement, alleging many of the features of Facebook’s messaging services infringe on BlackBerry patents, the company said Tuesday. “[W]e have a strong claim that Facebook has infringed on our intellectual property, and after several years of dialogue, we also have an obligation to our shareholders to pursue appropriate legal… Read More »
Whoop, a sports performance company whose platform helps athletes and coaches understand the impact of physical strain in order to optimize training and reduce injury, has raised $25 million in a series C round of funding. The round was led by the little-known United Arab Emirates firm UAE71 Capital, with participation from a number of… Read More »
Berlin- and San Francisco-based blockchain startup Centrifuge raises $3.8 million to build the operating system for global commerce
The blockchain startup Centrifuge today announced the closing of a $3.8 million financing round, which was led by Mosaic Ventures and BlueYard Capital. Started by the founders of Taulia in 2017, Centrifuge is developing a decentralized, blockchain-based protocol which aims to rethink how businesses transact with each other, in a more efficient and open way. Invoicing… Read More »
Electrify, a Singaporean startup that allows consumers to compare prices before buying electricity via its marketplace, has raised $30 million in funding via token sale, boosting its efforts to make electrical energy more accessible and affordable in the region. In a statement on Wednesday, Electrify claimed that the token sale received pledges of over $1.3… Read More »
In partnership with Smart Dubai, Dubai Startup Hub launched the 3rd Dubai Smartpreneur Competition.This year, the competition is seeking business ideas in 3 categories, namely Blockchain, AI and Digital Transformation. As announced on Mar 4, Dubai Startup Hub has launched the 3rd edition of the Dubai Smartpreneur Competition. The competition is held in partnership with Smart Dubai. Launched… Read More »
RedDoorz just raised $11 million in new funding to expand its network of budget hotels and guest houses throughout the region, TechCrunch reports. The company, led by CEO Amit Saberwal, brings together budget hotel owners under the RedDoorz banner and books their rooms via an online marketplace. Through the site, hotel owners get access to… Read More »
New York startup ServerCube launches ICO to build the largest decentralized high-capacity computing network for crypto-mining, deep-learning AI, VR modeling and BaaS
ServerCube is the server that pays you. The New York-base startup, ServerCube, turns the datacenter model “upside down” by putting high-powered computers, called SC Devices, into residential homes, using the existing electricity and internet. These SC Devices use GPU mining to generate cryptocurrency into a large common pool of which 15% is paid to SC Coin holders… Read More »
Twitter bought its first-ever ad during the Oscars, with a spot airing during Sunday’s telecast tying its brand to a message of female empowerment — an implicit response to Hollywood’s recent sexual harassment scandals. The 60-second spot promotes the hashtag #HereWeAre. The idea Twitter wants to get across to Oscars viewers: Its platform can serve… Read More »