Business News

Andrew Ng announces Deeplearning.ai, his new venture after leaving Baidu

Startup News - 2017, June 24 - 7:59am
 Andrew Ng, the former chief scientist of Baidu, announced his next venture, Deeplearning.ai, with only a logo, a domain name and a footnote pointing to an August launch date. Read More
Categories: Business News

Female founders accuse VC Justin Caldbeck of making unwanted advances

Startup News - 2017, June 24 - 3:56am
 Yesterday The Information reported on allegations made by half a dozen women working in the tech industry who say they have faced unwanted and inappropriate advances from Silicon Valley venture capitalist, Justin Caldbeck, co-founder and managing partner of Binary Capital. Read More
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Crunch Report | Apple Rolls Out Early Version Of Its Safe Driving Feature

Startup News - 2017, June 23 - 9:00am
 Today’s Stories  Do Not Disturb While Driving feature rolls out in Apple’s newest iOS 11 beta Sean Parker has left Spotify’s board; Padmasree Warrior, Thomas Staggs join in lead up to IPO Trump might kill next month’s new startup visa before it takes effect Facebook is testing a feature to prevent profile pictures being abused by other users Tantan, China’s… Read More
Categories: Business News

HEBI is trying to make building custom robots as easy as playing with LEGO

Startup News - 2017, June 23 - 5:49am
 The X-Series Actuator doesn’t look like much. Actually, if I’m being honest, it kind of looks like a red metal scotch tape dispenser with ribbed sides and a couple of ethernet ports. The product is scattered all over HEBI’s one-room Pittsburgh office in various states of disarray. The palm-sized metal component is the startup’s primary product — its entire reason… Read More
Categories: Business News

The company called Blockchain raises $40 million

Startup News - 2017, June 23 - 2:50am
 Blockchain (the company) just raised a $40 million Series B funding round led by Lakestar. Blockchain has been working on the most popular bitcoin wallet in the world. You can open a wallet on the company’s website or through its mobile apps. GV, Nokota Management, Digital Currency Group and existing investors Lightspeed Venture Partners, Mosaic Venture Partners, Prudence Holdings,… Read More
Categories: Business News

Future Family wants to give women a more affordable option in fertility treatments

Startup News - 2017, June 23 - 1:52am
 More women are having kids in their 30s than in their 20s. However, those closer to 40 than 30 face higher risks than their younger counterparts. Add to that 1 in every 8 couples in the U.S. have some type of fertility issue. More couples are looking at IVF and other fertility treatments. But those treatments can be costly. A new Bay Area startup, Future Family, hopes to change that. Read More
Categories: Business News

Construction tech company Aproplan closes €5 million Series A

Startup News - 2017, June 22 - 5:00pm
 Not so long ago the administration needed to run a major construction project relied almost entirely on pen, paper, excel spreadsheets and faxes. That has provided a huge opportunity for startups to take a stab at digitising the construction industry. Brussels-based Aproplan, which bills itself as akin to “Salesforce for construction,” is one such company, and today is disclosing… Read More
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JD.com invests $397M into luxury marketplace Farfetch as part of a new strategic partnership

Startup News - 2017, June 22 - 3:40pm
 JD.com, China’s second-largest e-commerce company after Alibaba, is pumping $397 million into Farfetch, a marketplace for luxury brands, as part of a new strategic partnership. JD.com founder and CEO Richard Liu will take a seat on Farfetch’s board as part of the deal, which makes JD.com one of its largest shareholders. Read More
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Mercari hires John Lagerling from Facebook’s management team to guide its U.S. strategy

Startup News - 2017, June 22 - 11:01am
 When Mercari became Japan’s first startup unicorn with a $75 million round last year, the funding was earmarked to fuel its goal of becoming the top secondhand marketplace app in the U.S. Now Mercari is doubling down on its efforts to succeed where no other Asian e-commerce company has. Today it launched a refreshed version of its American app and announced the hiring of John Lagerling… Read More
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Trump might kill next month’s new startup visa before it takes effect

Startup News - 2017, June 22 - 9:45am
 According to a report by the San Francisco Chronicle, the Trump administration may rescind or indefinitely delay the International Entrepreneur Rule, widely regarded as the U.S. version of a startup visa. Overseen by the Department of Homeland Security the rule is intended to “increase and enhance entrepreneurship, innovation, and job creation in the United States.” Anxiously… Read More
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Snapchat acquires social map app Zenly for $250M to $350M

Startup News - 2017, June 22 - 7:18am
 Snapchat’s newest feature, Snap Map, is based on its latest acquisition, social mapping startup Zenly. TechCrunch has learned that Snapchat has bought Zenly for between $250 million and $350 million in mostly cash and some stock in a deal that closed in late May. Snapchat will keep Zenly running independently, similar to how Facebook lets Instagram run independently. Read More
Categories: Business News

Founder’s Corner: Wealthfront’s Andy Rachleff on growing a business

Startup News - 2017, June 22 - 4:00am
 Omidyar Network’s Emerging Tech team has launched the second season of its podcast, Founder’s Corner, with lessons from today’s premier founders and CEOs. We will be speaking with some of the top executives in tech. Read More
Categories: Business News

Snap copied location sharing app Zenly to build Snap Map

Startup News - 2017, June 22 - 2:32am
 Snap just announced a brand new feature today called Snap Map, which lets you view your friends on a map in real time and browse stories around you. If this sounds familiar, it’s because French startup Zenly has been working for years on a location sharing app so that you can see what your friends have been up to. According to multiple sources, Snap approached Zenly late last year about… Read More
Categories: Business News

Argentina’s government is wooing entrepreneurs with a new law

Startup News - 2017, June 22 - 1:30am
 Despite years of economic uncertainties and the lack of a proper legal framework to help promising startups obtain capital, Argentine entrepreneurs are building a vibrant entrepreneurial ecosystem. The country is home to many of Latin America’s biggest startup success stories, and with the introduction of one new law, the pathway to success is about to get a whole lot easier. Read More
Categories: Business News

Growbots raises $2.5M for its machine learning-based sales automation platform

Startup News - 2017, June 22 - 1:10am
 Growbots uses machine learning to provide sales teams with the right leads to kickstart their outbound sales process. The service, which argues that its product can save each member of a sales team a few days of work every month, today announced that it has raised a $2.5 million funding round from Buran VC, Lighter Capital and a number of angel investors. This brings the company’s… Read More
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Pebble founder Eric Migicovsky and Airbnb growth lead Gustaf Alstromer join Y Combinator

Startup News - 2017, June 22 - 1:02am
 Y Combinator is officially adding three new team members to its roster this morning. Gustaf Alstromer, formerly product leader of Airbnb’s growth team, is joining YC as a partner. Meanwhile Pebble founder Eric Migicovsky is taking a visiting partner role and Jocelyn Robancho is coming on board to assist with organizing YC’s startup batches. Though Alstromer and Migicovsky… Read More
Categories: Business News

Pinterest’s camera search Lens gets a new look

Startup News - 2017, June 22 - 12:00am
 Pinterest’s camera search tool, Lens, is getting a makeover today with some updated including the ability to zoom in and out and tap to focus, and making it easier to search with Lens from photos they’ve already taken. Lens is very much a move to try to collapse the distance between the experience within Pinterest the app (or site) and the real world. Users point their camera at… Read More
Categories: Business News

Rinse raises $14M in Series B funding to bring its laundry pick-up nationwide

Startup News - 2017, June 21 - 11:50pm
 Rinse, the San Francisco-based dry cleaning and laundry delivery service, has closed a $14M Series B round of funding. This comes after a $6M Series A last year, meaning the startup has now raised about $23.5M in three rounds. The round is being led by Partech Ventures, with participation from existing investors including Javelin Ventures, Arena Ventures, Accelerator Ventures, and… Read More
Categories: Business News

Fleet management tracking provider Samsara raises $40M

Startup News - 2017, June 21 - 9:00pm
 Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry. And likely for good reason: as a future where trucks are run autonomously becomes ever clearer, the sensors and software behind that is going to have to be able to keep up. One company, Samsara, is working on just those kinds of sensors and products to… Read More
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Twist is Slack without the annoying distractions

Startup News - 2017, June 21 - 5:17pm
 When Slack implemented threaded conversations, it seemed like the holy grail for internal communications. Slack finally lets you talk about multiple things in separate conversations. But Slack remains a real-time messaging service at heart, so threads don’t feel native. It works well for many teams, but some companies would prefer something a bit more asynchronous and focused. At the… Read More
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