French startup Heetch has an ambitious goal. The company wants to become the second ride-sharing service in France and in the other European countries where it operates. The startup just raised $20 million from Félix Capital, Via ID, Alven Capital and Idinvest Partners. In order to stay competitive with Uber, Heetch is a bit cheaper than a normal UberX ride. But drivers still get paid more… Read More
from TechCrunch
Sensors are growing more and more sophisticated as we build machines that can interpret the world with more precision than we can. Occipital is aiming to do this as effectively and cheaply as possible as it morphs its 3D scanning technology into a product that can do much, much more. The company has closed $12 million of what it plans to be a $15 million Series C. Read More
from TechCrunch
Every company today is a tech company, a maxim that was proven out today when one of the world’s oldest and biggest art auction houses acquired an AI startup. Sotheby’s has bought Thread Genius, which has built a set of algorithms that can both instantly identify objects and then recommend images of similar objects to the viewer.
You can see some examples of how it works… Read More
from TechCrunch
Some consolidation is underway in the world of crowdfunding and online fundraising: YouCaring — which competes with GoFundMe and others in the area of sourcing fundraising for compassionate and charitable causes — is buying Generosity.com from crowdfunding giant Indiegogo (which originally launched as Indiegogo Life). The latter is using the divestment to further hone its focus… Read More
from TechCrunch
Brainly, the edtech startup founded out of Poland but now with a HQ in New York, has acquired Bask to add video to its peer-to-peer learning platform. Read More
from TechCrunch
Snowflake, the cloud-based data warehouse service, announced an enormous investment round today, pulling in a whopping $263 million on a unicorn valuation of $1.5 billion. The round was led by a trio of big-name Silicon Valley VC firms including existing investors Iconiq Capital and Altimeter Capital and new investor Sequoia Capital. Today’s announcement comes on top of the $100… Read More
from TechCrunch
Tryb Group, a Singapore-based organization focused on fintech services in Southeast Asia, has landed a $30 million investment from Makara Capital. The investment comes from Makara’s $770 million joint fund with the Intellectual Property Office of Singapore (IPOS), which is focused on finding valuable IP in the tech and startup space. TechCrunch understands that Tryb is talking to a… Read More
from TechCrunch
At roughly 17 years old, DN Capital is one of Europe’s oldest venture capital firms, albeit one that, by its own admission, has retained its scrappy roots and a certain kind of reputation to go with it. The VC hasn’t gone without success either, most recently seeing portfolio company Shazam exit to Apple in a reported $400 million deal, apt timing for the announcement of DN… Read More
from TechCrunch
Tigera, a San Francisco-based startup that helps businesses connect and secure their container-based applications, today announced that it has raised an additional $10 million in a funding round led by Madrona Venture Group, with participation from New England Associates (NEA) and Wing Venture Capital. Madrona managing partner Soma Somasegar will join the company’s board of directors.… Read More
from TechCrunch
Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps and provides a platform for businesses to… Read More
from TechCrunch