STARTUP

Startup Roundup for October 12, 2017

Startup News Roundup For The Day

News on startups, entrepreneurship, and funding found around the web, curated for you from various sources. Happy reading!


SmartCompany

TechCrunch Startups

  • Kudos wants to be a gentle introduction to social media sharing for kids
    by Catherine Shu on 2017-10-12 at 07:08 Just as pre-teens in the 1990s were warned away from dialing 1-900 numbers, kids now need to learn how to navigate social media responsibly. Kudos, an app for kids aged eight to 13 with around-the-clock moderation, positions itself as a safe introduction to social media that also teaches its young users, some of whom were born before the first iPhone was released, how to be […]

  • Watch every panel and session from Startup Battlefield Africa 2017
    by Travis Bernard,Yashad Kulkarni on 2017-10-12 at 06:00 On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall winner. We […]

  • FastPay acquires media payments company AnchorOps
    by Anthony Ha on 2017-10-11 at 23:12 FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition announcement, […]

  • ROSS Intelligence lands $8.7M Series A to speed up legal research with AI
    by John Mannes on 2017-10-11 at 18:34 Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y Combinator Continuity Fund, Real Ventures, Dentons’ NextLaw Labs and angels. Read Mor […]

  • NumberAI raises $1.6M to make business landline numbers smarter
    by Matthew Lynley on 2017-10-11 at 15:00 The phone number is probably one of the most important identifying numbers in your life — it’s how people reach out and get in touch with you outside of Facebook, Google, and whatnot. But the landline phone number, especially for small businesses, has basically gone nowhere in years. That’s where NumberAI and Tasso Roumeliotis’ team come in. The company […]

  • Lori Systems wins Best of Show at Startup Battlefield Africa
    by Romain Dillet on 2017-10-11 at 14:39 At the very beginning, there were 15 startups coming from all around Africa. After an incredibly fierce competition in Nairobi, Kenya, here are the winners of TechCrunch’s first ever Startup Battlefield Africa. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front of… […]

  • MioTech gets $7M to build artificial intelligence based tools for wealth managers in Asia
    by Catherine Shu on 2017-10-11 at 13:19 MioTech, a financial tech startup with offices in Hong Kong and Shanghai, has raised $7 million in Series A funding to develop artificial intelligence based software for investment managers. The round was led by Horizons Ventures, the private investment arm of Hong Kong business tycoon Li Ka-shing, with participation from returning investor Zhenfund. Read Mor […]

  • eShares raises $42 million to manage equity compensation and investments
    by Katie Roof on 2017-10-11 at 12:45 eShares wants to be the platform for all things equity. From cap table management to secondary transactions, eShares’ software helps businesses like Slack, Flexport and Funding Circle keep tabs on their shares. The startup is raising a $42 million Series C, led by Menlo Ventures and Social Capital. Matt Murphy from Menlo Ventures and Arjun Sethi from Social Capital will be joining […]

  • ShiftLeft promises to protect your code even when you ignore security threats
    by Ron Miller on 2017-10-11 at 12:00 Every day companies are uploading fresh code to the cloud. The pace is startling and that tends to lead to errors. We have seen security software in the past that will check that code for problems and security holes and recommend fixes before launching, but what happens when your programming team doesn’t have time or money to make those fixes (or simply ignores them)? ShiftLeft, […]

  • Travel experiences marketplace Withlocals picks up $4.2M in Series A funding
    by Steve O'Hear on 2017-10-11 at 09:39 Withlocals, the the Netherlands-based startup that operates a marketplace for personalised travel experiences, has raised $4.2 million in Series A funding. The round was led by Inkef Capital, the Amsterdam-headquartered VC firm. Read Mor […]

The Times of Israel

EU-Startups

StartupDelta News

  • Dutch Startup News: Messagebird, VanMoof, InvoiceFinance, QSight IT
    by Rohit Gopal on 2017-10-12 at 09:28What happens in the startup scene in The Netherlands right now? Find out in another Dutch startup news update! News & Updates KPN acquires Dutch cybersecurity company QSight IT Delft-based cybersecurity and cloud consultancy QSight IT has been acquired by… Continue reading → The post Dutch Startup News: Messagebird, VanMoof, InvoiceFinance, QSight IT appeared first on StartupDelta. […]

  • Fintech startup InvoiceFinance raises €6 million to fuel growth
    by Rohit Gopal on 2017-10-12 at 09:18‘s-Hertogenbosch-based startup InvoiceFinance has raised 6 million euro from a group of investors and business angels from the financial industry and Peak Capital. The capital raised will be primarily used for further growth through investments in marketing activities and the… Continue reading → The post Fintech startup InvoiceFinance raises €6 million to fuel growth […]

  • MessageBird raises $60 million series A investment
    by Rohit Gopal on 2017-10-09 at 10:01It’s the biggest investment in history in Europe when it comes to software investments. The money is meant for a global roll-out. World domination for MessageBird?! Cloudcommunication platform aims for global growth The $60m series A round was led by… Continue reading → The post MessageBird raises $60 million series A investment appeared first on StartupDelta. […]

  • Tesla of bicycles startup VanMoof raises €4 million to expand internationally
    by Rohit Gopal on 2017-10-09 at 09:58Amsterdam-based smart bicycles startup VanMoof has raised 4 million euro from Slingshot Capital, also from the Dutch capital. A spokesperson said to the Dutch business news media outlet RTL Z that Slingshot will get a substantial minority share of something… Continue reading → The post Tesla of bicycles startup VanMoof raises €4 million to expand internationally appeared first on […]

DealStreet Asia Startups

CB Insights

Inc42

  • Healthcare Startup StanPlus Raises $1.1 Mn In Seed Funding From Kstart Capital, Others
    by Shweta Modgil on 2017-10-12 at 09:17Hyderabad based healthcare startup StanPlus, which provides medical transportation, has raised $1.1 Mn in Seed funding for a minority stake led by Kstart (Kalaari Capital’s Seed Fund). The round also saw participation from CM Diamant, a chain of medical centres and hospital in Canada and Africa, and INSEAD Angels (Asia). Prabhdeep Singh, Co-Founder and CEO […] The post Healthcare […]

  • Indian Startups Are Not As Disruptive As Overseas Startups, Says Ratan Tata
    by Suprita Anupam on 2017-10-12 at 08:20The Indian startup ecosystem has attracted numerous global investors, yet not enough to convince India’s business mogul Ratan Tata. Having invested in over 39 startups, Ratan Tata believes that the domestic startups have a long journey to go, as far as disruptive ideas are concerned. This is a big statement, a slight deviation from his […] The post Indian Startups Are Not As […]

  • UPI App PhonePe Receives Another Funding Boost; Flipkart Commits Investment Of $500 Mn
    by Meha Agarwal on 2017-10-12 at 08:11Flipkart is furiously allocating funds to its logistics and digital payments subsidiaries in a race to the top spot against ecommerce major Amazon India. After the massive $460 Mn funding to Ekart, Flipkart has now committed $500 Mn to its group company, the UPI app PhonePe. The revelation came in just after the recent investment […] The post UPI App PhonePe Receives Another Funding Boost; […]

  • Vizag Blockchain Conference: The Andhra Pradesh Govt. Aims To Create 300K Jobs In IT & Electronics By 2022
    by Suprita Anupam on 2017-10-12 at 07:52Sighting fintech, IT and electronics as catalysing verticals among all, the Andhra Pradesh state government intends to create three lakh jobs in both these sectors. This include around one lakh jobs in IT while two lakh jobs in the electronics sector, in the next five years. The announcement was made by IT Minister Nara Lokesh […] The post Vizag Blockchain Conference: The Andhra Pradesh […]

South China Morning Post

  • All you need to know about high-flying Hong Kong start-ups GoGoVan and Lalamove
    by Bien Perez on 2017-10-12 at 01:00It has been more than a month since logistics company GoGoVan became the first Hong Kong start-up to be valued at more than US$1 billion, and now rival Lalamove has staked its claim as the city’s next “unicorn” after raising US$100 million from a new round of funding. A unicorn is a start-up valued at a US$1 billion or more. Here are five things everyone should […]

  • Tax cuts ‘helpful’ only if companies earn a profit, says SME owner
    by Harminder Singh on 2017-10-11 at 13:16The founder of a Hong Kong gaming start-up welcomed Chief Executive Carrie Lam Cheng Yuet-ngor’s research and development (R&D) incentives announced during Wednesday’s policy address, but said he saw little benefit in the tax cuts for small businesses. Silver Yu Wing-fung, 33, established his mobile gaming company, Skytree Digital, in 2013. Like many start-ups, Skytree did not […]

  • Lalamove on track to become next start-up unicorn from Hong Kong
    by Zen Soo on 2017-10-11 at 08:46Hong Kong logistics start-up Lalamove said on Wednesday that it has raised US$100 million in the latest round of funding, placing its valuation to close to US$1 billion, giving further impetus to its expansion plans in Southeast Asia and maintain its market leadership in China. The funding round was led by ShunWei Capital, a venture capital firm that counts Xiaomi CEO Lei Jun as one of its […]

Business Standard Startups

Tech.eu

  • Q3 2017 European and Israeli exit volume drops 47% YoY, but rises 200% from Q2 2017 to €25 billion
    by Mary Loritz on 2017-10-11 at 12:22Q3 2017 was a more or less average quarter for M&A transactions and IPOs in Europe, Israel, and Turkey. Though there were more deals than in most previous quarters, total exit volume decreased compared to standout quarters in Q3 2016 and Q4 2016, which had €47 billion and €65 billion in recorded transaction volume respectively, […] The post Q3 2017 European and Israeli exit […]

  • Electronics rental marketplace Grover raises $11.7 million in debt funding
    by Jonathan Keane on 2017-10-11 at 08:54Grover, an electronics rental marketplace, has secured $11.7 million in asset-backed debt funding from Varengold Bank. The Berlin-based company runs a subscription service for users to rent consumer electronics through its partnership with German chain store MediaMarkt. According to the company, its subscription numbers have grown eight-fold over the last year. The new funding will […] The […]

  • CODE University aims to develop the next generation of digital talent in Berlin (with help from Trivago)
    by Jonathan Keane on 2017-10-11 at 08:50The German travel tech company is supporting a new private university for digital product development. The post CODE University aims to develop the next generation of digital talent in Berlin (with help from Trivago) appeared first on Tech.eu. […]

  • German open source software firm Open-Xchange raises €21 million
    by Jonathan Keane on 2017-10-11 at 07:00Open source software firm Open-Xchange has raised €21 million from Iris Capital and eCapital to boost its growth. The new funds will be invested in building Open-Xchange’s development, engineering, and technical support teams to focus on its DNS and email services and expand its partner and customer network globally. The Nuremberg company’s clients include GoDaddy, […] The […]

  • French intranet solution LumApps raises $8 million to internationalise
    by Jonathan Keane on 2017-10-10 at 12:00France’s LumApps, an intranet for business content, has announced a funding round of $8 million. The Series A round was led by Idinvest Partners. LumApps is an intranet solution that brings together all content in an enterprise and is integrated with Google’s G Suite. The new funding will be used to push its international expansion […] The post French intranet solution LumApps […]

  • Travel content startup Triposo acquired by Italy’s Musement
    by Jonathan Keane on 2017-10-10 at 10:00Amsterdam-based travel content platform Triposo has been acquired by Milan’s Musement. No terms were disclosed. Musement is a platform for booking activities during travel and holidays and Triposo aggregates online content to generate travel guides for users. The combined company will serve 12 million travellers using its services. Musement CEO Alessandro Petazzi said the acquisition […]

Various Startup News

Startup Professionals Musings

  • 10 Winning Entrepreneur Insights That May Surprise You
    by MartinZwilling on 2017-10-11 at 13:30Every aspiring entrepreneur would love to be the next Mark Zuckerberg or Jeff Bezos, but most have no idea what really sets these guys apart from all the rest. Conventional wisdom has them looking for a painful problem, a very large opportunity, and minimal competitive barriers to entry. In reality, most great entrepreneurs find these necessary, but not sufficient for the big win. They think […]

  • 10 Secrets For Getting More Things Done In Business
    by MartinZwilling on 2017-10-09 at 13:30Every business professional I know faces the challenge of getting more things done on time, and getting the right things done. They all dream of working less, and accomplishing more. Yet I see that most are their own worst enemies. They seem to all fall victim to a common set of mistaken priorities and well-meaning distractions that keep them from exceeding their own objectives. For example, I […]

  • 8 Weak Change Signals That Can Have Explosive Impact
    by MartinZwilling on 2017-10-08 at 13:30When the economy tanks as it did in the last recession, that’s a strong signal that things have to change, and it’s hard to miss. But most of us in business have to deal most of the time with weak signals, or change that is happening in a far more subtle way. These changes can be cultural, like the increasing need to be social, spawning Facebook and a hundred others, or technological, […]

  • 7 Leadership Actions To Win In This New World Of Work
    by MartinZwilling on 2017-10-07 at 13:30We are living in a new generation of business, where customers drive the experience, and highly engaged employees are required to keep up with customer expectations. Traditional business leadership practices, including autocratic, reactive, and narcissistic, aren’t working. Only 13 percent of workers are fully engaged, and half have left a job because they hated their boss. We have all […]

  • 9 Ways A True Entrepreneur Survives And Flourishes
    by MartinZwilling on 2017-10-06 at 13:30Could you survive and flourish as an entrepreneur, or should you be satisfied working for someone else? That’s a question I get every day in my role as an advisor to business professionals, and it’s a good one to ask. In my view, the number of traditional long-term employee roles is declining rapidly, due to advances in technology and automation. By some projections, the level of […]

  • 10 Clues That It May Be Time To Seek Outside Help
    by MartinZwilling on 2017-10-04 at 13:30If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. The challenge in to know when and how to ask for help, and not let bravado and ego mask anxieties. The best people know when they don’t know, and know how to find the […]

StartupJuncture

  • GitLab raises $20M Series C, adds Matt Mullenweg to board
    by Samir Saberi on 2017-10-10 at 08:42Gitlab, a collaboration and DevOps platform has raised a $20 million Series C round led by GV, the venture arm of Alphabet. Founded in Utrecht in 2014 by Sytse Sijbrandij and Dmitriy Zaporozhets Gitlab, has since raised $45.6 million. GitLab is currently in use by more than 100,000 organization as a git-based open source tool […] The post GitLab raises $20M Series C, adds Matt Mullenweg to […]

  • Dutch Startup News: Messagebird, VanMoof, InvoiceFinance, QSight IT
    by Samir Saberi on 2017-10-09 at 12:51What happens in the startup scene in The Netherlands right now? Find out in another Dutch startup news update! News & Updates KPN acquires Dutch cybersecurity company QSight IT Delft-based cybersecurity and cloud consultancy QSight IT has been acquired by telecom firm KPN. QSight IT turnover of €50 million in 2016. Most notable investor in […] The post Dutch Startup News: […]

  • Fintech startup InvoiceFinance raises €6 million to fuel growth
    by Samir Saberi on 2017-10-06 at 08:56‘s-Hertogenbosch-based startup InvoiceFinance has raised 6 million euro from a group of investors and business angels from the financial industry and Peak Capital. The capital raised will be primarily used for further growth through investments in marketing activities and the recruitment of sales reps. A part of the money will be used for the further […] The post Fintech startup […]

  • Tesla of bicycles startup VanMoof raises €4 million to expand internationally
    by Samir Saberi on 2017-10-05 at 08:39Amsterdam-based smart bicycles startup VanMoof has raised 4 million euro from Slingshot Capital, also from the Dutch capital. A spokesperson said to the Dutch business news media outlet RTL Z that Slingshot will get a substantial minority share of something between 10 and 50 percent in return for its investment (in Dutch). The capital raised […] The post Tesla of bicycles startup VanMoof […]

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