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The New York Stock Exchange filed paperwork this morning with the U.S. Securities and Exchange Commission to allow companies to raise capital as part of a direct listing. Direct listings are a way for companies to go public by selling existing shares held by insiders, employees and investors directly to the market, rather than the
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The Valley’s affinity for robotics shows no signs of cooling. Technical enhancements through innovations like AI/ML, compute power and big data utilization continue to drive new performance milestones, efficiencies and use cases. Despite the old saying, “hardware is hard,” investment in the robotics space continues to expand. Money is pouring in across robotics’ billion-dollar sub
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Who could have guessed an adorable, big-eyed baby Star Wars alien would have generated a ton of demand for toys? Apparently not Disney, which today started to sell merchandise based on The Child from new Disney+ show The Mandalorian, commonly known as “Baby Yoda”. The shirts, bags, mugs, and phone cases all feel…forced, like Disney
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Leavy.co, the Paris-born startup that offers a travel app for millennials to help them travel more without getting into further debt, has quietly raised $14 million in funding. The investment — which is pegged as a seed round and actually closed in January! — is led by Dutch investor Prime Ventures, with participation from angel
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Huawei and Devialet have unveiled a new speaker specifically designed for the Chinese market, the Huawei Sound X. French startup Devialet has been looking at ways to license its technology and patents to consumer electronics manufacturers, such as Sky, Iliad, Altice USA and Renault. While Devialet only sells very premium speakers under its own brand,
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Europe bucked global smartphone stagnation in the third quarter, marking an 8% year over year growth in device shipments. That number, provided by Canalys, puts the region at the top of smartphone growth figures, beating out Asia/Pacific’s six percent. Once again, Samsung was the biggest winner here. The Korean manufacturer saw a healthy 26%, year
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Product Hunt founder Ryan Hoover has raised another $10 million to invest in nascent upstarts via Weekend Fund. The news represents the firm’s second fundraise after a $3 million debut angel fund that closed in 2017. Hoover, an investor in Girlboss, audio social media platform TTYL and mobile application performance software company Headspin, founded Product Hunt
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Coup, an electric moped scooter-sharing service that operates in Berlin, Paris and Berlin, has announced in an email that it is going to shut down in all three cities. On Twitter, the company says that operating the service is “economically unsustainable” in the long term. “We plan to discontinue our service in Berlin and Tübingen
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Apple has released its annual holiday ad, just in time for Thanksgiving. Named “The Surprise,” the ad focuses on two young girls who spends a lot of time playing with an iPad. The ad focuses on a family that travels across the country to visit the mother’s father. Like many families, the parents hand them
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Detectify, the Sweden born cybersecurity startup that offers a website vulnerability scanner powered by the crowd, has raised €21 million in further funding. Leading the round is London-based VC firm Balderton Capital, with participation from existing investors Paua Ventures, Inventure and Insight Partners. Detectify says the new funding will be used to continue to hire
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TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million in additional Series A funding, led by Viola Fintech and SIG Asia Investment, with participation from Normura Holdings. Existing investors Illuminate Financial, Jungle Ventures and SEEDs Capital also returned for the extension, which brings TookiTaki’s total Series
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Hulu is currently down. We’re not sure why, and neither does Hulu. A stream of tweets complaining about the outage surfaced Sunday morning on the U.S. east coast, but it seems like a global outage. In response, Hulu’s Twitter support didn’t seem to know either, instead telling frustrated users that it’s looking into it. Fantastic.
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