London-based AI startup Hazy has raised an additional $1.8 million seed funding.This brings Hazy’s total seed funding to $2.8 million following a $1 million investment from M12 and Notion in May, after Hazy was declared the European winner of global startup competition Innovate.AI. The round was led by UCL Technology Fund, alongside Nationwide Building Society, Pentland, Amadeus Capital Partners, AI Seed and other investors. Hazy, founded… Read More »
Milwaukee based Artificial Intelligence and machine learning technology startup Socialeads has closed a round of seed f...
Singapore-based venture capital (VC) firm Qualgro today announced that it has completed the first close of its US$100 ...
Rwanda and Uganda are emerging favourite destinations in Africa for investment in information and communications technol...
GAIA Bespoke, a one-stop destination for women’s tailor-made Western wear, today made an announcement for its rec...
Dating and networking app Bumble has just announced the launch of the Bumble Fund, a new pot of money focused on early s...
Gurugram-based urban mobility startup Shuttl raised $11 million in its series B financing. The round was led by Amazon India, Amazon Alexa Fund, and Dentsu Ventures. The company’s existing investors Sequoia Capital, Times Internet, and Lightspeed Ventures, also participated in the round. The company plans to use the funds to strengthen its position in the technology-enabled seat-based… Read More »
With an eye toward its Workplace by Facebook enterprise offering, Facebook announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with a more formal collaboration tool. The companies did not reveal the acquisition price. Facebook made the purchase in hopes of building out its own communication features inside Workplace, the enterprise version… 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 »
Microsoft’s two-year-old venture fund, M12, is running a competition for business-focused women-led tech startups and will give two winners $2 million each in funding. According to Microsoft, companies founded solely by women represented just 2.2 percent of all venture capital funding in the US last year, according to data from industry tracker Pitchbook. Yet, research consistently shows… Read More »
According to TechCrunch, mental health startup Lantern, which raised more than $20 million in funding, is winding down its commercial operations after a couple of acquisition deals fell through. As part of the wind-down, Lantern is laying off about 25 people, which is the majority of the staff, with a handful of former team members to focus… Read More »
Knock Knock, a gaming startup founded by Zynga, TinyCo, and EA alumni, announced today that it has raised $2 million in seed funding towards developing mobile chat games that are playable through messaging apps like Facebook Messenger and WeChat. The funding round was led by Raine Ventures, with London Venture Partners (Supercell, Unity), Ludlow Ventures (Product Hunt), and… Read More »
On Monday, Israel-based metadata management startup Octopai B.I. Ltd. announced it had raised $4.5 million in a Series A funding round. The round was led by Israel-linked venture capital firm North First Ventures wiht participation from Israel-based venture capital firms iAngels Crowd Ltd, US Israel Gefen Capital Management Ltd, as well as existing investors Moneta… Read More »
Beijing-based artificial intelligence startup Megvii Inc., is said to be raising at least $600 million from investors including Alibaba Group Holding Ltd. and Boyu Capital, according to people familiar with the matter.Alibaba and Megvii declined to comment. It is said the round will close this round of funding within week. The company will then seek a second round of funding. The… Read More »
Popular social media site Snapchat has announced it will be shutting down its payment feature snapcash as of 30th august, this is according to TechCrunch. “Yes, we’re discontinuing the Snapcash feature as of August 30, 2018,” the company wrote. “Snapcash was our first product created in partnership with another company — Square. We’re thankful for… Read More »