Startups

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When it comes to startup investment, carmakers are all over the road. Over the past two years, we’ve seen a massive spike in venture funding by major auto manufacturers. Deal counts are up, more automakers are investing and more big rounds are getting done. However, an analysis of Crunchbase funding data for the 20 largest global
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Seed funding is drying up. Accelerators are scrambling for revenue. Things are changing drastically in the startup ecosystem. Why? First, as we all know, it’s easier than ever to build a startup. An MVP can hit the app stores in a few days and the need to raise millions for servers and software is over.
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There’s a new CEO at TodayTix, though he’s definitely not new to the company — Chairman Brian Fenty is becoming chief executive, while his co-founder (and the previous CEO) Merritt Baer is becoming the Head of Europe. TodayTix sells theater tickets in cities across the United States (including New York, Chicago and San Francisco), but
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Pointy​,​ ​an Irish start​ ​startup​ ​that​ lets ​local​ ​retailers put their stock online so that they can be discovered via search engines, has raised $6 million in Series A funding. The round is being led by Frontline Ventures, alongside Paul Allen’s Vulcan Capital, Draper Associates and a number of notable angel investors. The latter includes
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HubSpot announced this morning that it has acquired chatbot startup Motion AI. Motion AI launched in 2015 and offers an editor for building chatbots that work on websites, Facebook Messenger, SMS and Slack, no coding required. Even before the acquisition, the tool was already integrated into HubSpot Free CRM. The entire Motion AI team, including
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Victor, which bills itself as the “largest ‘on-demand’ marketplace for private jet charter,” has raised $20 million in new funding, bringing total raised to date to $44.45 million since launching in 2011. BP Ventures, BP’s investment arm, led the round, putting in $10 million, whilst the London headquartered startup says it plans to use the
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Blin.gy, the app that let users insert themselves into their favorite music videos, is shutting down. In a Medium post, co-founder and chief executive officer David Hyman wrote that the startup, which launched as Chosen three years ago and raised at least $10 million, decided to close up shop after a potential acquisition fell through.
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FutureFuel.io, the company offering student loan payment management services as an employee benefit, is adding new features to make it easier for companies to manage the loan repayment process. The company is offering real time account linking and updates on loan repayments through the fintech company Quovo. And through a partnership with Credible, will provide information
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Anderson Thees Contributor Anderson Thees is managing director of Redpoint eventures, the Brazilian-focused arm of Redpoint. More posts by this contributor: What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil. According to
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Tyler Perry is partner and general manager at Bateman Group, a PR and social media communications firm with offices in New York and San Francisco. More posts by this contributor: Oh, Bodega. The newly launched startup’s insensitivity hit some pretty tender nerves during a time when cultural and societal tensions are high. The first article
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As artificial intelligence creeps deeper into each and every industry vertical, demand for experienced technical talent only continues to increase. Now online education tools like Udacity and Coursera are being thrust into the spotlight as potential solutions to the problem. But even as course enrollment in AI classes balloons, Fortune 2000 companies are still paying
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Entrepreneur First (EF), the company builder and “talent first” investor, has just held Demo Day for its eighth London cohort, seeing 14 newly-formed startups pitch their wares onstage to investors, press and other actors in the European tech scene. What’s particularly interesting about EF is that it backs individuals “pre-team, pre-idea” — meaning that, as
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Healthy, well-aligned teeth shouldn’t just be for the wealthy. Candid, a direct-to-consumer teeth alignment company, aims to make straight teeth more accessible and more affordable than braces and Invisalign. Candid, which 3D prints its FDA-approved aligners, is designed for people who need mild to moderate orthodontic work. It costs $1,900 upfront or $88 per month
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DoorDash is announcing the acquisition of Rickshaw, a Y Combinator-incubated startup that helps businesses offer same-day delivery by connecting them to a courier network and managing the logistics. DoorDash has been developing a similar platform called Drive, which allows customers to use DoorDash’s network to make deliveries beyond DoorDash’s consumer website and app. Meanwhile, Rickshaw
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A couple of years after participating in TechCrunch’s Startup Battlefield, YayPay is raising $5.3 million from QED Investors, Birchmere, Fifth Third Capital, as well as 500 Fintech Fund, Aspect Ventures, Gaingels, Techstars and Zelkova. YayPay is trying to optimize the workflows in your company’s finance department. In particular, too many mid-sized companies waste a ton
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I’ve always wanted to create my own animations. One idea is simple. My characters would be born, live, fall in love, and die in real time in a 80 year long masterpiece of constant animation. It would be a commentary on the death of the soul and the deep longing of men and women to
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Darkstore, the on-demand fulfillment startup, recently partnered with T-Force Final Mile to expand to 33 additional markets across the nation. This brings Darkstore’s total list of markets to 40, which includes San Francisco, Los Angeles, Portland, Miami, Atlanta, Boston, Reno and Austin. T-Force Final Mile is a last-mile delivery company that delivers items for IKEA,
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Well, this is quite a coup. Entrepreneur First (EF), the London-headquartered company builder that invests in individuals “pre-team, pre-idea” to help create new technology startups, has raised $12.4 million in new funding led by Silicon Valley’s Greylock Partners. The investment also sees Greylock partner and co-founder of LinkedIn Reid Hoffman join the board. In a
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French fintech startup Bankin is partnering with another fintech startup, Yomoni. Bankin brings all you your bank accounts together in a single, unified interface. It’s a sort of Mint, but for the French market. Bankin also competes with another app that I covered just a couple of days ago, Linxo. Both of them want to
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Dara Khosrowshahi, the recently named CEO of Uber, is leaving the New York Times Company’s board of directors. According to a government filing, Khosrowshahi notified the NYT board on Thursday that he would be resigning from the role because of his new responsibilities at Uber. The former Expedia CEO had been on the board since 2015.
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Tech writers are invited to a lot of demo days, as you might imagine. Sometimes, these presentations are very long, with many startup teams taking the stage to pitch to investors and the media. Sometimes, they’re shorter, featuring a more concentrated group of founders. But always, the pitches are concise. In fact, most incubators or