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Dog-walking startup Wag raises $300 million and hired a new CEO

On Tuesday, Dog-walking-on-demand startup Wag  announced it’s received a $300 million investment from Japanese telecom giant SoftBank. It also announced that veteran tech executive Hilary Schneider will be taking over as its CEO. Schneider, who most recently served as CEO of identity protection company LifeLock and led it through its 2016 sale to Symantec, will… Read More »

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Boeing buys stake in battery start-up Cuberg

Boeing’s venture arm Boeing HorizonX Ventures has taken a minority stake in battery start-up Cuberg, Boeing said Monday. Cuberg joins Boeing HorizonX Ventures’ stable of investments that include Zunum Aero, an electric-and-hybrid plane startup whose investors also include airline JetBlue. The terms of the deal were not disclosed, but Boeing spokeswoman Megan Hilfer said the… Read More »

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Ripple Foods Raises $65 Million

Ripple Foods, a  beverage company that makes a milk-like drink from yellow peas has raised $65 Million in series C funding. The investment, which was led by Euclidean Capital, includes funding from Khosla Ventures, Goldman Sach, Fall Line Capital and S2G Ventures, a food and agriculture investment firm started by OpenTable Inc.’s founder. It’s Ripple’s largest capital infusion and… Read More »

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Microsoft acquires gaming services startup PlayFab

Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed. “Together, Azure and PlayFab will further unlock the power of the intelligent… Read More »

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Xiaopeng Motors secures $350 million investment

Xiaopeng Motors, a Chinese electric car startup who built a ‘Tesla clone’, announced that it secured an important 2.2 billion yuan ($348 million) investment round led by two Chinese tech giants: Alibaba and Foxconn. Henry Xia, who founded the startup in 2014, admitted openly that he was influenced by Tesla and by the automaker’s announcement that they were… Read More »

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Tyson Invests In Lab-Grown Protein Startup Memphis Meats

Tyson Foods’ venture capital arm announced Monday that it has secured a minority investment in Memphis Meats, the buzzy startup that grows beef, chicken and duck meat with animal cells and petri dishes, no livestock required. Tyson joins other high-profile investors in Memphis Meats including Bill Gates and Richard Branson. The terms of the deal… Read More »

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Digital Startup Hover raises $25 million

Hover,  a computer vision startup that allows consumers to easily create 3D models of their homes so they can easily deal with getting quotes from contractors on their next big project announced it has raised a $25 million Series B led by GV, Home Depot and Standard Industries. This brings the total finding Hover has raised… Read More »

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Google invests in Indonesian ride-hailing firm Go-Jek

Google has invested in Indonesian ride-hailing firm Go-Jek, as part of its strategy to support and participate in the growth of Indonesia’s internet economy, Caesar Sengupta, a vice president at Google said in a company blog. “This investment lets us partner with a great local champion in Indonesia’s flourishing startup ecosystem, while also deepening our… Read More »

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UAE-based startup The Luxury Closet is looking to expand in Egypt

UAE-based startup The Luxury Closet is looking to expand its operations in Egypt. The Luxury Closet’s founder and CEO Kunal Kapoor stated that “after collaborating with some high-profile Egyptian Influencers, we realised the potential Egypt holds for our market, and it became a larger focus for us.” Commenting on his company’s operations Kapoor said that… Read More »

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