Occipital closes $12M more as it strives to build a ‘perception engine’

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… Continue reading Occipital closes $12M more as it strives to build a ‘perception engine’

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Sotheby’s acquires Thread Genius to build its image recognition and recommendation tech

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… Continue reading Sotheby’s acquires Thread Genius to build its image recognition and recommendation tech

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YouCaring acquires Generosity.com as Indiegogo pulls out of personal causes fundraising

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 on… Continue reading YouCaring acquires Generosity.com as Indiegogo pulls out of personal causes fundraising

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Brainly acquires Bask to add video to its peer-to-peer learning platform for students

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. Terms of the deal remain undisclosed. However, the acquisition has more than a whiff of acqui-hire to it, with Bask’s co-founder and CEO, Ryan Metzger, and Head of… Continue reading Brainly acquires Bask to add video to its peer-to-peer learning platform for students

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Snowflake lands massive $263 million investment on unicorn valuation

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… Continue reading Snowflake lands massive $263 million investment on unicorn valuation

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Tryb Group raises $30M to develop fintech platforms for Southeast Asia

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… Continue reading Tryb Group raises $30M to develop fintech platforms for Southeast Asia

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European VC firm DN Capital closes new €200M fund to invest at seed and Series A-stage

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… Continue reading European VC firm DN Capital closes new €200M fund to invest at seed and Series A-stage

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Tigera raises $10M to help enterprises secure their cloud native applications

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… Continue reading Tigera raises $10M to help enterprises secure their cloud native applications

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AWS beefs up threat detection with Sqrrl acquisition

AWS has purchased Sqrrl, a Cambridge, Massachusetts security startup with roots in the NSA. The company helps analyze a variety of sources to track and understand security threats quickly using machine learning. The announcement appeared on the Sqrrl home page in note from company CEO Mark Terenzoni. “We’re thrilled to share that Sqrrl has been… Continue reading AWS beefs up threat detection with Sqrrl acquisition

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Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment

Carmudi, a Rocket Internet-backed company that sells cars online in emerging markets, has raised $10 million to develop its business in Southeast Asia after reducing its global footprint. The company was formed in 2013 and, at peak, it grew to cover over 20 markets across Asia, the Middle East, Africa and Latin America. To support… Continue reading Rocket Internet’s Carmudi raises $10M to refocus on Asia following global retrenchment

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