TechNews Report

App-only supermarket Crisp raises €3 million

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Dutch app-only supermarket Crisp has officially launched in the Netherlands and raised €3 million. According to the company, the funds came from from “Dutch entrepreneurs and private investors. Founded in 2018, Crisp’s mission is…

Scottish startup Kumulos raises €750k

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Apps optimization startup Kumulos has raised €750k in funding. The round saw participation from Mercia Fund Managers, the Scottish Investment Bank and angel investors. Founded by Mark Petrie and Bob Lawson, Kumulos platform…

Airspace Technologies raises $20 million in series B Round

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Airspace Technologies, a logistics and shipping company has raised $20 million in fresh funding. The round was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy.vc,…

Women and funding, whats the score card?

November 15, 2018
All, Start Ups and Innovations, Startup Funding, Women in Action
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Women are the fastest growing group of entrepreneurs, and numerous reports show that women-led businesses are outperforming their male peers in many VC portfolios, and do so with far less resources. Despite…

Home insurance provider Hippo Raises $70M in Series C Funding

November 15, 2018
All, Start Ups and Innovations, Startup Funding
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Home insurance provider Hippo Raises $70M in Series C Funding. Felicis Ventures and Lennar Corporation co-led the funding round with participation from existing investors Comcast Ventures, Fifth Wall Ventures, Horizons Ventures and GGV Capital.…

Microsoft set to acquire Texas-based AI startup XOXCO

November 15, 2018
All, Mergers and Acquisitions, Start Ups and Innovations, Women in Action
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On Wednesday, Microsoft announced it’s acquiring chatbot startup XOXCO for an undisclosed amount. Founded in 2009 by Ben Brown and Katie Spence, XOXCO is a software product design and development studio. It…

Startup Spotlight: Interview with Matthew Elan Smith founder of Insuretech startup Pineapple

November 14, 2018
All, Start Ups and Innovations, Startup Interviews
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Pineapple (formerly Amyti) is a Johannesburg-based P2P insurer, and South Africa’s first P2P insurer. Founded by Marnus van Heerden, Matthew Elan Smith and Ndabenhle Junior Ngulube in 2017, this insuretech startup…

WeWork secures $3 billion in new funding from SoftBank

November 14, 2018
All, Start Ups and Innovations, Startup Funding
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On Tuesday, US shared office space provider WeWork announced it had secured an additional $3 billion in funding from Japanese technology conglomerate SoftBank Group. The latest funding was in the form…

UK tech for good Startups receive £400k from The Social Tech Trust

November 14, 2018
All, Social Startups, Start Ups and Innovations, Startup Funding
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Nine of the UK’s most promising ‘tech for good’ startups have received £400,000 of funding from Social Tech Trust to take their life-changing innovations to the next level. Through its ‘Tech to…

5 Startups graduate from accelerator program CoWrks Foundry

November 14, 2018
All, Start Ups and Innovations, Start-Up Incubators
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5 startups have graduated from Cowrks Foundry accelerator program. This marks the first ever class for the accelerator program which targets startups in the field of Internet of Things, urban…