Fundings

Bitmovin scores $30M Series B for ‘next-gen’ online video software

Bitmovin, the online video software and infrastructure company founded by two of the creators of the MPEG-DASH video streaming standard, has raised $30 million in Series B funding. The round is led by Highland Europe, with participation from existing investors Atomico, Constantia New Business, Dawn Capital, and Y Combinator. The company says the new round …

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China’s SenseTime, the world’s highest valued AI startup, raises $600M

The future of artificial intelligence (AI), the technology that is seen as potentially impacting almost every industry on the planet, is widely acknowledged to be a war between tech firms in America and China. In a notable side-note to that battle, China now has the world’s highest-valued AI startup after SenseTime, a company founded in …

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Robo Wunderkind wants to build the Lego Mindstorms for everyone

Lego Mindstorms have paved the way for many programmable toys. And Austrian startup Robo Wunderkind is building a new kind of Lego-like programmable kit. The startup first launched on the TechCrunch Disrupt stage and just raised $1.2 million (€1 million) from SOSV, Austrian Federal Promotional Bank and multiple business angels. Compared to many programmable toys …

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Grab delays shuttering Uber app in Southeast Asia as Singapore probes merger deal

Fans of Uber in Southeast Asia will have a little more time to continue using the app after Grab, the rival that is acquiring Uber’s business in the region, agreed to extend the life of the app until April 15 while Singapore’s competition commission reviews the merger deal. Grab had originally intended to close the …

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Crypto exchange Coincheck, still recovering from $400M hack, sold to online brokerage

Japanese crypto exchange Coincheck, made famously after hackers made off with more than $400 million in digital token NEM, has been acquired. The company announced today (in Japanese) that Tokyo-based online brokerage Monex Group will buy it in full. The transaction will see Coincheck become a wholly owned subsidiary of Monex. The deal is a reaction of the …

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Coinbase unveils fund for early-stage cryptocurrency startups

Coinbase has launched a new fund called Coinbase Ventures to invest in early-stage cryptocurrency and blockchain startups. In a blog post, Coinbase head of corporate and business development Emilie Choi said that the fund’s goal is to strengthen the sector. “At least in the beginning, our goal is simply helping the most compelling companies in …

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Redpoint Ventures hires Uber’s Annie Kadavy as general partner

Redpoint Ventures has hired Annie Kadavy as its first female general partner. She’ll be on the early stage investment team. Kadavy has a background in venture capital, having spent several years at CRV. Most recently, she ran strategic operations at Uber’s freight division. She also has an M.B.A. from Stanford University Graduate School of Business. …

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Careship, the German marketplace for in-home care, scores further €6M funding

Careship, the German marketplace for in-home senior care, has raised €6 million in further funding. The round is led by Creandum, the European early-stage investor best known for being an early backer of Spotify, and will be used by the Berlin startup to further expand nationally. In addition to Creandum, European ‘impact’ investor Ananda Ventures …

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Botanalytics offers analytics for conversational interfaces and chatbots

The rise of chatbots and smart speaker-powered voice assistants, such as Alexa and Google Home, has produced the need for specialist analytics so that developers can track how well those conversational interfaces are working. Hoping to take a chunk of this nascent market, including competing with Google’s own chatbot analytics product Chatbase, is Istanbul and …

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