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After raising $70M, Betterment expands financial advice to all users

2017, July 26 - 10:00pm
 On the heels of announcing a fresh $70 million in funding led by Swedish investment firm Kinnevik AB, Betterment is launching a new messaging feature that will allow users to ask questions and get answers from its team of financial advisors. Read More
Categories: Business News

On-demand delivery startup Jinn pulls out of all “other markets outside London”

2017, July 26 - 8:55pm
 Jinn, the U.K. same-hour ‘shop on your behalf’ delivery app, has pulled out of all markets outside London, TechCrunch has learned. According to sources, the startup shut down operations in Edinburgh, Glasgow, Manchester, Birmingham, Leeds as of yesterday, whilst I understand the Spanish team may have been let go, too. Read More
Categories: Business News

Visa makes strategic investment in card processing startup Marqeta

2017, July 26 - 8:30pm
 Since 2010, Marqeta has quietly established itself as the underlying tech provider for businesses that are looking to issue virtual and physical debit and credit cards to employees, partners and customers alike. As it looks to expand internationally and sign up customers around the globe, the company has taken $25 million in strategic investment from payments heavyweight Visa. Read More
Categories: Business News

Vicarious gets another $50 million to expand its research team and build smarter robots

2017, July 26 - 2:10pm
 Elon Musk and Mark Zuckerberg might not be able to agree about much when it comes to AI these days, but the pair do seem to see the same potential in Vicarious, a startup applying unsupervised learning techniques to robots. Musk and Zuckerberg were two of the early backers of Vicarious. The startup announced that it raised an additional $50 million in financing this morning (via… Read More
Categories: Business News

Momenta raises $46M Series B for its self-driving car software

2017, July 26 - 12:16pm
 Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and Daimler also participated in the round. Quite a few U.S. Read More
Categories: Business News

SEC regulators are coming after ICOs

2017, July 26 - 7:00am
 It looks like ICOs, shorthand for initial coin offerings, are about to undergo a lot more scrutiny. The SEC has concluded that the digital currencies will be regulated as securities, meaning unregistered offerings could be subject to criminal punishment. The decision was announced on Tuesday. This is a blow to many startups who had been using ICOs as an alternative way to raise capital.… Read More
Categories: Business News

$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy

2017, July 26 - 6:11am
 When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment. To put that into perspective, we’ve put together a list of 10 things you could have bought instead. Read More
Categories: Business News

Sage Group buys Intacct accounting software for $850M

2017, July 26 - 4:38am
 British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Read More
Categories: Business News

Wallflower wants to prevent cooking fires by making your stove smarter

2017, July 26 - 2:00am
 The fire department responds to a home fire every 86 seconds, and many of those start in the kitchen. Wallflower is a device that easily hooks into most electric stoves, between the outlet and the stove itself, to notify users if there is risk of a fire. If the stove is on when you leave the home, the Wallflower will send a notification to the your phone to remind you to turn it off. In fact,… Read More
Categories: Business News

Node raises $10.8 million to find you better sales leads

2017, July 26 - 1:04am
 The first step of any salesperson is to figure out who to pitch, but some of them are wasting time targeting the wrong prospective clients. That’s the premise behind Node, a startup that says its platform uses artificial intelligence to find sales leads. In “stealth mode” for the past 2.5 years, the company is now announcing a $10.8 million venture financing round. Read More
Categories: Business News

Social media analytics company Synthesio acquires Social Karma

2017, July 26 - 12:30am
 Synthesio is announcing its second acquisition of the year — it’s buying Social Karma, a company that uses social data to help marketers understand consumers. Back in January, Synthesio announced that it had acquired presentation software-maker Bunkr. Co-founder and CEO Loic Moisand told me that this is all part of a two-year strategy to buy up companies and technologies that can… Read More
Categories: Business News

HubSpot acquires Kemvi to bring more AI into its sales and marketing platform

2017, July 25 - 10:21pm
 HubSpot is announcing that it has acquired Kemvi, a startup applying artificial intelligence and machine learning to help sales teams. A few months ago, Kemvi launched DeepGraph, a product that analyzes public data so that salespeople can identify the best time (say, after a job change or the publication of an article) to reach out to potential customers. It also proactively reaches out to… Read More
Categories: Business News

Agtech startup Prospera, which uses AI and computer vision to guide farmers, harvests $15M

2017, July 25 - 10:00pm
 Tel Aviv-based startup Prospera has raised a $15 million Series B to expand the scope of its technology, which uses computer vision and artificial intelligence to help farmers analyze data gathered from their fields. The round was led by Qualcomm Ventures, with participation from Cisco Investments, ICV and returning investor Bessemer Venture Partners, and brings Prospera’s total funding… Read More
Categories: Business News

Vacation home pricing engine Beyond Pricing picks up a startup for nearby comparisons

2017, July 25 - 9:00pm
 While Airbnb may have started off the wave of renting out a room in your house periodically to travelers for some extra income, that industry has blown up to include a lot of other competitors like VRBO. That’s led to many vacation rental owners putting their homes on multiple sites, which has led to the emergence of startups like Beyond Pricing — which helps vacation home… Read More
Categories: Business News

Mobile banking startup Varo Money has applied for a bank charter

2017, July 25 - 9:00pm
 Varo Money, which provides a mobile-first banking product to consumers, wants to take on the big banks. In an effort to offer similar — but better — checking, savings and lending products to consumers, the company has applied for a national bank charter with the Office of the Comptroller of the Currency. Read More
Categories: Business News

Former Voodoo PC head Rahul Sood talks about the road to real token sales

2017, July 25 - 6:53pm
 This week on Technotopia I interview Rahul Sood, former founder of Voodoo PC and the current CEO of Unikrn, an e-sports betting service. Sood, who spent a number of years at Microsoft Ventures, started Unikrn because he saw the e-sports space was exploding in popularity. His company allows people to bet on gaming events and even bet on themselves as they get better at games. Sood’s… Read More
Categories: Business News

Korean startup Urbanbase gets $1.8M to turn apartment floor plans into virtual reality

2017, July 25 - 4:30pm
 Urbanbase, a Seoul-based startup that makes virtual reality tools for interior planning and design, plans to expand in Asia after raising $1.8 million in Series A funding. Its investors are CKD Venture Capital, Magellan Technology and Capstone Partners. Read More
Categories: Business News

Facebook acquires Source3 to get content creators paid

2017, July 25 - 6:31am
 Facebook is on the cusp of a big push to lure independent content creators to share their art through the News Feed. But it needs to prove it can help creators monetize their content without allowing piracy to run rampant. That’s why it’s acquired content rights management startup Source3, including its team and technology. The startup explains that “At Source3, we set out… Read More
Categories: Business News

SnapTravel raises $8 million for a hotel booking service that works over chat

2017, July 25 - 5:42am
 Chatbots – automated bots that let you interact with a service or brand via messaging apps or SMS – haven’t yet become breakout hits, as a group. But that hasn’t stopped investors from pouring in $8 million into a hotel booking startup called SnapTravel, which lets users find and book rooms via SMS texts and Facebook Messenger. The $8 million Series A round was led… Read More
Categories: Business News

BuzzFeed’s VP of Design on effective management and company culture that empowers

2017, July 25 - 12:00am
 In this episode, Cap Watkins, the VP of design at BuzzFeed, explains how to apply design to any business challenge, what managers can do to create a more productive environment, and how companies can create a culture that empowers their best people. The job of a designer, according to Watkins, is to “make everything a little grayer.” Rather than focusing on only one facet of design,… Read More
Categories: Business News

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