If you think of Pabio as “Stitchfix for furniture, in Europe,” you’re probably pretty close to the mark. The company started in Switzerland a couple of years ago with a mission to stop people from buying disposable Ikea stuff for a two-year stint in an apartment, replacing it with well-styled, well-thought-out interior design suggestions and
Month: December 2021
Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion. Anchorage offers a custody solution for big institutions, such as publicly traded companies or funds.
The Oversight Board, a group Facebook created to review its policy decisions, weighed in on a case of misinformation in war-torn Ethiopia Tuesday, warning the company about the risks of allowing hate speech and unverified information to spread freely in conflict zones. The Oversight Board reviewed a post in Amharic from an Ethiopia-based Facebook user
Thirdweb, a software startup for web3 projects, closed on $5 million in funding from a group of high-profile business leaders, entrepreneurs and creators, including Gary Vaynerchuk and Mark Cuban. The company launched its free tools three months ago for developers to build, launch and manage their web3 projects without writing any lines of code. Thirdweb
Signal AI, an artificial intelligence startup that trawls the vast sea of internet and other publicly available data to provide organizations with sentiment insights and other information to make better business decisions, has raised $50 million. It plans to use the funds to continue building out its AI platform to bring in more diversified data
Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration. Wowzi, which connects social
I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through its consumer hardware companies — a primary focus when it was founded, back in 2014. Brinc has expanded its scope a fair bit
Purchasing new glasses used to be about finding the right pair that would go with everything until you needed the next set. Pair Eyewear turned that on its head with magnetic frames, called Top Frames, that enable glasses-wearers to change their style with any outfit or any occasion for as little as $25. Between 2020
Jaime Bosch Contributor Jaime Bosch is the co-founder and CEO of Voicemod. In the many conversations around “the metaverse” sparked by the Facebook corporate name transition to Meta, much has focused on the visual elements. What’s hardly mentioned is audio. Yet voice really matters when making a virtual environment come to life. Sometimes, it’s everything.
Spatial analysis platform Carto has raised a $61 million Series C round. Many companies collect a ton of data with some location element tied to it. Carto lets you display that data on interactive maps so that you can more easily compare, optimize, balance and take decisions. Insight Partners is leading today’s round. The European
Sophie Dembinski Contributor Sophie Dembinski is head of Public Policy and U.K. lead at Ecosia, which uses advertising revenues from its search engine to fund tree-planting projects across the world. To date, Ecosia has planted more than 139 million trees in countries such as Brazil, Australia, Burkina Faso, Indonesia, Spain and the U.K. Europe has
Apple is now rolling out access to its new, lower-cost Apple Music Voice plan, first introduced this fall at the company’s hardware event. The new service, designed largely for use with HomePod speakers or AirPods, limits consumers to accessing Apple Music using Siri commands. Due to its stripped-down nature, the voice-only service is offered at
Most people have experienced the internet only through Web 2.0: online applications, the social web and software as a service form the fabric of our lives. But even as other technology rapidly evolves, basic web infrastructure has remained largely unchanged since the turn of the millennium. Lately, many have championed web3 as the internet’s next
If you’ve ever had to apply for a mortgage, you know that it can be a time-consuming, expensive and often painful process — both in terms of just filling out the application and then waiting for the transaction to close. In recent years, a number of digital lenders have emerged to bring more technology to
Rotten Tomatoes announced today that it’s partnering with TikTok to launch a TikTok Jump that will allow users to link to movies and TV trailers, ratings, reviews, information on where to watch, clips, cast information and more. TikTok Jump is the short-form video app’s third-party integration tool that aims to deepen its relationships with third-party
Buoyed by a new cash infusion of $5.5 million in Series A funding, GlobalWonks emerged Tuesday as Enquire AI. The Washington, D.C.-based company leverages artificial intelligence in a tool for businesses to find global subject-matter expertise in real time, from both internal and external resources. Uzabase led the oversubscribed funding round and was joined by
The UK’s antitrust watchdog has given the clearest signal yet that interventions under an upcoming reform of the country’s competition rules will target tech giants Apple and Google — including their duopolistic command of the mobile market, via iOS and Android; their respective app stores; and the browsers and services bundled with mobile devices running
Chinese smartphone giant Oppo revealed its first in-house chipset at its annual innovation event hosted in Shenzhen on Tuesday. The MariSilicon X chip announced — named after the Mariana Trench — is a neural processing unit that aims to boost photo and video performance through machine learning. The move adds Oppo to a list of smartphone
There are already a number of ways to gift cryptocurrencies, but today Cash App will make doing so simpler with a new feature rolling out to its peer-to-peer payments app. The app, owned by Block (the company formerly known as Square) will now allow users in the U.S. to send bitcoin, as well as traditional
Agricultural microinsurance startup IBISA announced that it has raised a seed round of €1.5 million – approximately $1.70 million. The round was led by London-based specialized investor Insurtech Gateway, with participation from Rockstart’s AgriFood fund and others. Microinsurance typically refers to offering coverage to low-income people against a specific class of risks. In IBISA’s case,
Open has acquired consumer neo-banking startup Finin for $10 million as the Bangalore-based, Google-backed business-focused neobanking platform looks to broaden its offerings and deepen relationships with banks. The deal involves both cash and stock, the two said. Launched in 2019, Finin is among the first consumer-focused neobanking startups in India. The startup, which had raised
BHub announced Tuesday that it took in a new round of capital just three months after receiving $4.4 million in pre-seed investment to offer full back-office SaaS for small and medium businesses in Latin America. Monashees and Valor Capital Group are doubling down on their investment in the company by leading an inside round of
As advertising and marketing become increasingly automated and thus commoditized, design has emerged as a savior to help brands stand out. And today, a startup that’s helping companies connect with a wider range of designers and other creatives to meet that demand is announcing a round of funding to fuel its business growth. Superside, which
Whym, a conversational commerce startup founded by former Snap employees, wants to make it easier for consumers to shop online via their mobile devices. Instead of filling out long checkout forms and entering in payment card details by hand, Whym’s solution offers a single-tap checkout experience where customers can pay via Apple Pay or Google
Hello and welcome back to Max Q! Happy December everyone. We’re officially nearing the end of the year, and what a year it’s been. Despite the ongoing effects of the COVID-19 pandemic, I think it’s pretty safe to say that this has been a watershed 365 days for the space industry. I can’t wait to
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It finally happened, ladies and gentleman and our non-binary friends. The Holiday News Slowdown has arrived. Late, I might add, but still here at last. But that did not stop Grace and Alex
Manish Maheshwari, the former head of Twitter India who recently moved to San Francisco to work at a different division within the company, is leaving the firm to launch an edtech startup, according to nine people familiar with the matter. Maheshwari and Twitter didn’t respond to a request for comment two weeks ago. Sources requested
Seamus Donoghue Contributor Climate change is the issue of our time. From policymakers to the individual, every one of us has a responsibility to do our part to ensure that sustainability and green practices are implemented throughout society. Indeed, governments across the world, from the U.S. to China, are increasingly taking a proactive stance on
As more enterprises sign on to the trend of digital transformation and bringing more of their legacy work into the modern era of work, a company called SnapLogic, which has built a platform to integrate those apps and data, and to automate some of the activities that use them, has raised a big round of
Unique, a video calls platform that uses AI to teach sales teams how to improve their pitches, has closed a $6 million Seed round from a bunch of Angel investors. These include Phillip Stauffer, U.S based founder and general partner of Fyrfly Venture Partners, and Daniel Gutenberg. Unique uses AI to analyse customer conversations. The
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