Startup Roundup for January 12, 2018

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

  • Nuheara’s voice amplifying earbuds offer customizable hearing profiles
    by Brian Heater on 2018-01-12 at 02:19 Nuheara’s new IQBuds Boost headphones exist in a a strange sort of in-between spot. Like the rest of the company’s line, they’re clearly one of countless devices looking to compete in the crowded world of bluetooth earbuds. Like the standard IQBuds before them, however, they’re also designed to boost hearing. But the Boosts are an attempt to be even more, […]

  • Blocks hopes to court enterprise customers with its modular smartwatch
    by Brian Heater on 2018-01-12 at 01:48 As we noted earlier this week, the mere fact that Blocks was able to bring its modular smartwatch system to market feels like a minor miracle. The company appears to have not taken the easy route in any respect. It could have launched an Android Wear device, but instead opted to skin a scaled down version of stock Android. And then there’s the modules — the company […]

  • Here’s what it’s like to ride in Byton’s new Concept SUV
    by Darrell Etherington on 2018-01-12 at 00:04 Byton’s electric concept car wowed at CES, and for good reason. The SUV has a lot of strong features, including a max range of 323 miles for the upgraded version, and a starting price of just $45,000. But the real jaw-dropping feature is a 49-inch display that covers the entire dash, providing a multifunctional information and entertainment interface unlike anything else in […]

  • Y Combinator is launching a biotech track
    by Megan Rose Dickey on 2018-01-11 at 22:32 Y Combinator is pulling the curtains off of a new experiment, YC Bio. The idea is to fund early-stage life-sciences companies that are still in the lab phase, YC President Sam Altman wrote on the YC blog today. YC Bio’s first area of focus will be on healthspan and age-related disease. Read Mor […]

  • Kuzzle is building the backend for the Internet of Things
    by Romain Dillet on 2018-01-11 at 22:11 Meet Kuzzle, an all-in-one backend solution for connected devices and beyond. The French startup is giving you a scalable solution so you don’t have to develop everything from scratch yourself. Think about it as Firebase but for different use cases. Read Mor […]

  • Storage startup Closetbox raises $7.3 million Series A round
    by Megan Rose Dickey on 2018-01-11 at 19:29 Startup Closetbox recently raised a $7.3 million Series A round, bringing its total amount of funding to $19.8 million. Closetbox, of course, has competitors like fellow startups MakeSpace and Omni, as well as larger companies like Pods and Public Storage. Closetbox offers “full-service storage,” which means it has professional movers come to your house to do any heavy lifting […]

  • Chronext raises $34 million to bring nice watches to your bare wrist
    by John Biggs on 2018-01-11 at 18:34 There are a number of services that let you sell your used watches or simply purchase new watches but few have the funding war chest of Chronext. This online services lets you buy and sell fancy watches for a fraction of the price and, as evidenced by their performance and the performance of competitor Crown and Caliber, it looks like that market is heating up. Created by Philipp Man […]

  • Zeroqode will usher us into a codeless future
    by John Biggs on 2018-01-11 at 17:29 Codeless development platforms are at once a blessing and a curse. If they’re complete enough to be powerful they are too difficult for beginners and if they’re simple enough for beginners they’re useless for serious work. Zeroqode, a one-stop-shop for codeless creation, aims to make the difficult easy and the easy more powerful. Created by Levon Terteryan and Vlad […]

  • Google acquired Redux, a U.K. startup focused on audio and haptics
    by Jordan Crook on 2018-01-11 at 15:27 Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within […]

  • Sphero spinoff Misty Robotics launches a robot for programmers
    by Brian Heater on 2018-01-11 at 11:00 Recent Sphero spinoff Misty Robotics brought a decidedly non-consumer-focused device to the Consumer Electronics Show in Vegas this week. The Misty I Developer Edition is the first baby step for a startup with even grander ambitions than the one that gave birth to it. In June, the company announced a $11.5 million Series A led by Venrock and Foundry Group to aide in its plans to build […]

The Times of Israel

EU-Startups

  • Budapest-based AImotive just raised $38 million in Series C funding
    by Peter Kovacs on 2018-01-11 at 21:37AImotive, formerly called AdasWorks, the full-stack autonomous vehicle technology company announced the closing of its $38 million Series C funding round, led by B Capital Group and Prime Ventures, with participation from Cisco Investments, Samsung Catalyst Fund, and Series A and B investors Robert Bosch Venture Capital, Inventure, Draper Associates and Day One Capital. AImotive […]

  • 5 Croatian startups to look out for in 2018 and beyond
    by Bojana Trajkovska on 2018-01-11 at 14:55Croatia has a thriving startup community and sees an increasing number of startup events and venture funding. As 2018 has just begun, we took a close look at the Croatian startup scene with the aim to provide you with a list of 5 emerging startups to watch in 2018. Established within the last three years, these startups […]

  • Belgian marketing platform Qualifio secures €3 million to accelerate the international expasion
    by Thomas Ohr on 2018-01-11 at 14:05Qualifio, one of Europe’s leading interactive marketing and data collection platforms, just raised €3 million in Serie A funding. Investors are Ghent-based Volta Ventures, one of the most active VC funds in Belgium, and SRIW (Société Régionale d’Investissement de Wallonie), the investment arm of the Walloon Region in Belgium. Qualifio launched in 2011 a SaaS […]

  • Lisbon-based Unbabel raises $23 million to become the world’s translation layer
    by Thomas Ohr on 2018-01-11 at 08:37Language remains one of the biggest barriers for people who aim to grow a global business. Today, Unbabel announced it has raised another $23 million to meet rocketing demand for its solution to this challenge – bringing its combination of machine-learning and human-quality translation to more businesses, in more countries, than ever. Founded in 2013 […]

  • Drive with Belron Accelerator 2018 launches – apply now! (Sponsored)
    by Thomas Ohr on 2018-01-10 at 16:00Drive with Belron, powered by investor and innovation partner L Marks, is back, launching a ten-week startup accelerator running from 30 April to 10 July 2018. Belron and L Marks will make available a fund of £200,000 to invest in winning startups. Designed to fast track the growth of startups in areas that disrupt Belron’s ways of working, […]

  • Berlin-based FinTech startup Penta accuses TransferWise to have stolen its debit card branding
    by Thomas Ohr on 2018-01-10 at 13:46The London-based FinTech giant TransferWise just announced its borderless current account, which enables users to spend money in a choice of up to 28 foreign currrencies with a debit card. Tranferwise’s choice of a neon green colour for its first debit card was met with anger by Berlin-based SME challenger bank Penta, which turned to […]

  • CityStasher, the Airbnb for luggage, sets secures $1.1 million for the European expansion
    by Thomas Ohr on 2018-01-10 at 10:11CityStasher, the UK’s largest sharing economy network for left-luggage, has just announced a $1.1 million seed funding-round led by Venture Friends and backed by HOWZAT Partners, Charlotte Street Capital, and angel investors. The angels include Big Yellow Storage CEO James Gibson, making this his second personal investment in the London-based startup following a £100k contribution […]

  • Ghent-based Yields.io raises €1.25 million to conquer model risk in the global financial markets
    by Thomas Ohr on 2018-01-09 at 10:14Yields.io, a new service provider for financial model validation, today announced a €1.25 million seed funding round – led by Volta Ventures, and joined by Pamica NV. The startup was founded in April 2017 and currently employs seven people out of its offices in Ghent (Belgium) and New York City. Yields.io offers automated model monitoring and validation […]

  • Data acceleration startup Swarm64 raises $12.5 million in Series B financing
    by Thomas Ohr on 2018-01-08 at 14:33Swarm64, a provider of the scalable data accelerator (SDA), which enables relational databases to perform real-time big data analytics, has secured a Series B funding round of $12.5 million. The funding round was led by Intel Capital and Investinor, while previous investors Alliance Venture and Target Partners also participated in the round. The fast-growing company was […]

  • 5 reasons why investors love intellectual property
    by Sponsor on 2018-01-08 at 09:25Editor’s Note: This guest post has been created in collaboration and with financial support from IpriQ, creators of an online trademark application tool Reggster.com. If you’re also interested in partnering with us, just reach out. Intellectual property represents an important financial and legal asset for companies, including startups. It is often estimated that […]

StartupDelta News

  • DFFRNT Media raises funding from media mogul John de Mol
    by Rohit Gopal on 2018-01-11 at 15:44Amsterdam-based startup DFFRNT Media has raised a minority stake investment from Talpa Network, the one-stop shop of media billionaire John de Mol. Marketing and e-commerce business TCC Global also chipped in. Financial details about the transaction have not been disclosed.… Continue reading → The post DFFRNT Media raises funding from media mogul John de Mol appeared first on […]

  • Dutch Startup News: CES, €442 million and badass female tech founders
    by Rohit Gopal on 2018-01-11 at 15:36What happens in the startup scene in The Netherlands right now? Find out in another Dutch startup news update! News & Updates 53 Dutch startups preset at CES This week the tech world will come together at the CES to… Continue reading → The post Dutch Startup News: CES, €442 million and badass female tech founders appeared first on StartupDelta. […]

  • Dutch Funding Overview 2017: €442 million in total
    by Rohit Gopal on 2018-01-10 at 15:072017 was a year with many surprising investments, even a few amounts that we haven’t seen before in the Dutch startup eco-system. Our economy is certainly doing better and startups can now seed from the education and support given over… Continue reading → The post Dutch Funding Overview 2017: €442 million in total appeared first on StartupDelta. […]

  • Travis B.V. Reveals Long-term U.S and Canada Distribution Plans and It’s Exclusive Partnership
    by Willemijn Waterbolk on 2018-01-02 at 14:25Rotterdam startup closes exclusive deal with Japanese largest distributor Sourcenext Rotterdam, 28 December 2017 – The Rotterdam startup Travis – known for the world’s first personal translators Travis translating 80 most spoken languages using artificial intelligence – announced an exclusive… Continue reading → The post Travis B.V. Reveals Long-term U.S and […]

DealStreet Asia Startups

CB Insights

Inc42

  • Cab Aggregator Ola Acquired Foodpanda India For As Little As $4.4 Mn
    by Sukanya Mukherjee on 2018-01-12 at 07:00Homegrown cab aggregator Ola acquired Foodpanda India from Germany-based Delivery Hero Group for as little as $4.4 Mn (INR 28 Cr). As per its filings with the Ministry of Corporate Affairs, Ola parent ANI Technologies issued preference shares worth $4.4 Mn to buy 100% stake in Pisces eServices, the Indian company that operates Foodpanda. The […] The post Cab Aggregator Ola Acquired […]

  • Paytm Parent One97 Cuts Losses By 40% In FY2017 On Account Of Restructuring
    by Shweta Modgil on 2018-01-12 at 05:29One97 Communication, the parent company of Paytm has managed to reduce its losses by over 40% after the restructuring exercise wherein it separated its online retail from its payments business in 2016. As per ROC filings, the exercise may have helped it reduce losses to $141.47 Mn (INR 900 Cr) in financial year 2016-17 from […] The post Paytm Parent One97 Cuts Losses By 40% In FY2017 On […]

  • Reliance Jio To Launch Its Own Cryptocurrency JioCoin
    by Suprita Anupam on 2018-01-12 at 04:45After Burger King, Kodak, Telegram, and Bank of England, India’s fourth-largest telecom giant Reliance Jio, a wholly-owned subsidiary of Mukesh Ambani led Reliance Group, is now set to launch its own cryptocurrency dubbed as JioCoin. Akash Ambani, the elder son of Mukesh Ambani is leading a 50-member team, working on blockchain technology for the JioCoin project, […] The post […]

  • Embassy Group Fuels $15.6 Mn In Coworking Space WeWork India
    by Suprita Anupam on 2018-01-11 at 15:07Real estate giant Embassy Group has fueled another $15.6 Mn in its coworking space JV WeWork India. 10 Mn compulsorily convertible Series B debentures with a face value of $1.6 (INR 100) each, will be allotted to Embassy Group, according to the latest MCA filing by WeWork India. WeWork India is a joint venture of New […] The post Embassy Group Fuels $15.6 Mn In Coworking Space WeWork […]

South China Morning Post

  • Chinese firm eDaijia ends service to outsource alcohol consumption to surrogate drinkers
    by Meng Jing on 2018-01-10 at 11:00People looking to land a job as a surrogate drinker in China’s gig economy need to find another occupation. Chinese technology start-up eDaijia, which runs a popular mobile app that links inebriated car owners with substitute drivers, has terminated a new service that allowed users to summon surrogate drinkers. Just weeks after its introduction, the new feature called eDaihe, which means […]

  • CES becomes the Chinese electronics show as Shenzhen, Dongguan exhibitors throng fair
    by Celia Chen on 2018-01-09 at 12:30One of the world’s largest consumer electronic trade shows may have earned a new sobriquet this year, as one in every three exhibitors at the 2018 CES hailed from China, underscoring the country’s transformation from a manufacturer of low-value goods into technology-related products. As many as 1,551 Chinese companies registered to display their products and software applications in […]

  • Chinese online retailer surges 25 per cent in New York after saying it will take bitcoin payments
    by Jane Li on 2018-01-09 at 07:38Shares of Chinese online retailer LightInTheBox surged by more than a quarter on the New York Stock Exchange early on Monday, after the company announced it had started to accept payment in bitcoin. The Beijing-based firm is the latest in a growing list of companies keen to involve themselves with digital currencies in an attempt to woo investors. Many companies in China and abroad have had their […]

Business Standard Startups

Tech.eu

  • Danish fintech startup Cardlay raises €4 million in Series A funding
    by Jonathan Keane on 2018-01-11 at 17:45Cardlay, a fintech startup in Denmark, has announced a new funding round of 30 million DKK (about €4 million) from SEED Capital and SEB Venture Capital alongside investors Thorleif Krarup, Klaus Holse, Jørgen Bardenfleth, and Herbert Nathan. Odense-based Cardlay has developed a management platform for payment cards and expenses that’s targeted at commercial banks. The […]

  • Social analytics firm Talkwalker acquired by Marlin Equity Partners
    by Jonathan Keane on 2018-01-11 at 14:28Talkwalker, a Luxembourgish AI and analytics company, has been acquired by Marlin Equity Partners, a private equity firm from California. No figures were disclosed. The company’s founders and management will continue in their roles to grow the company with the aid of Marlin. Talkwalker’s AI software is used by brands to analyse and collect data […] The post Social analytics […]

  • OurCrowd launches Cognitiv, a new $100 million investment fund
    by Jonathan Keane on 2018-01-11 at 14:00Equity crowdfunding platform OurCrowd has launched a $100 million fund called Cognitiv to invest in AI, deep learning, IoT, robotics, and digital manufacturing startups. The Israeli fund is led by partners Avi Reichental (former CEO of 3D Systems), Eduardo Shoval, and Yori Nelken. Shoval and Nelken previously led the OurCrowd First fund. Cognitiv focus is […] The post OurCrowd launches […]

  • French SaaS startup Sellsy raises €7 million to expand internationally
    by Jonathan Keane on 2018-01-11 at 13:07French sales management software company Sellsy has raised €7 million from services firm SofiOuest to begin internationalising. The new funds will first be used to bolster the company’s position in France (where it currently has around 3,200 customers using its SaaS product) before expanding internationally. It is considering opening its first office outside of France, […] The […]

  • Last chance to apply for the Fit 4 Start programme in Luxembourg
    by Jonathan Keane on 2018-01-11 at 12:36Applications are open for the Fit 4 Start startup programme in Luxembourg, which provides assistance and mentorship to young tech companies. The post Last chance to apply for the Fit 4 Start programme in Luxembourg appeared first on Tech.eu. […]

  • Belgian marketing platform Qualifio raises €3 million Series A round
    by Jonathan Keane on 2018-01-11 at 10:31Marketing tech startup Qualifio has announced a Series A round of €3 million from Volta Ventures and Société Régionale d’Investissement de Wallonie (SRIW), the investment arm of the Walloon Region government in Belgium. The SaaS-based interactive marketing and data collection platform is used for creating marketing content and analysing the data it generates. Its […]

Various Startup News

  • Four Leadership Skills That Drive Startup Growth
    on 2018-01-11 at 13:52After working with hundreds of startups, I noticed something. There are two kinds of CEOs: ones who leave their job because they’re sick of it and envision starting something new, and those with an MBA degree who want to build their own startup straight after that. Therefore, many startup CEOs struggle … […]

  • The Startup With A Social Conscience And A Solution To The Global Tech Talent Crisis
    on 2018-01-11 at 12:56Companies all over the world are facing the most acute technology talent shortage since 2007 and struggling to recruit the skills they desperately need. New startup Think.iT believes it has found a solution in North Africa, an as yet untapped talent pool and home to a highly educated but underutilised … […]

  • Why Startups Are Coming To Latin America: The Allure Of Government-Backed Accelerators
    on 2018-01-11 at 12:56Latin America is becoming a place where startups are flourishing, and there are increasingly more reasons why it makes sense for budding entrepreneurs to set up shop there. An unthinkable prospect just a few years ago, countries in South America such as Argentina are now becoming breeding … […]

  • Google bought a UK startup that turns screens into speakers
    on 2018-01-11 at 12:30Over the past year, Google has demonstrated its desire to step up its hardware game. The company bought HTC’s Pixel team for $1.1 billion, designed its own imaging chip for the Pixel 2 and also hired a key Apple chip designer. Bloomberg reports that in its bid to gain an edge on the competition, … […]

  • Global funding to VC-backed startups jumps 50% to $164.4b in 2017
    on 2018-01-11 at 11:48Global funding to VC-backed startups jumps 50% to $164.4b in 2017 … of large, deep pocketed investors, ranging from Softbank to sovereign wealth funds from around the globe investing in insurgent startup companies.” … Funding to AI startups in the US topped $1 billion every quarter through 2017. […]

  • Google buys UK start-up Redux
    on 2018-01-11 at 11:48Google has made a concerted effort at CES to promote new features in its series of voice-controlled speakers. It has also emerged that the company quietly purchased a UK startup called Redux in August. The Cambridge based startup focuses on technology that turns surfaces like phone displays into … […]

  • Avid Larizadeh Duggan, GV’s sole female GP, leaves to join music tech startup Kobalt
    on 2018-01-11 at 11:00GV (formerly known as Google Ventures) lost its one female general partner. London-based Avid Larizadeh Duggan has joined Kobalt​, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various … […]

  • Startup harnesses DevOps’ continuous delivery chaos
    on 2018-01-11 at 10:52The startup quickly built a continuous delivery-as-a-service (CDaaS) platformthat leverages artificial intelligence (AI), machine learning (ML) and other capabilities to help enterprises achieve CICD without paying a premium for more DevOps engineers who will spend far too much time writing scripts. […]

  • Google secretly acquired a Cambridge startup that can turn screens into speakers
    on 2018-01-11 at 10:07Google secretly bought a British tech startup called Redux, which is working on a technology that aims to turn surfaces into speakers, according to a Bloomberg report on Thursday. Founded in Cambridge in 2013 and led by Nedko Ivanov, Redux is aiming to develop products and systems that “enable … […]

  • Google quietly buys UK startup Redux that turns surfaces into speakers
    on 2018-01-11 at 08:26Alphabet’s Google has quietly acquired a UK startup focused on technology that turns surfaces such as phone displays into speakers. Redux developed technology that eliminates the need for small speakers in mobile phones, freeing up space for batteries or other components, the Cambridge based … […]

Startup Professionals Musings

  • 10 Startup Strategies To Minimize Cash Flow Disasters
    by MartinZwilling on 2018-01-12 at 13:30The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and there are some good ones I will outline here. According to a recent Motly […]

  • 6 Steps To Empowered Employees And Unstoppable Growth
    by MartinZwilling on 2018-01-10 at 13:30As a business advisor, one of the things I see most often as a drag to productivity and growth is employees who, despite their best efforts, can’t change things that they know are hurting the company. They want to grant deserving customers special concessions, or fix a broken process, but are convinced it may cost them their job, or find that no one above them seems to care. Perhaps you […]

  • 8 Ways New Ventures Burn Resources Without Thinking
    by MartinZwilling on 2018-01-08 at 13:30Every entrepreneur I know is short on resources, including time, money, and skills. The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. Much has been written about this subject in the […]

  • 10 New Venture Approaches That Can Jeopardize Success
    by MartinZwilling on 2018-01-07 at 13:30Starting a new business is a serious undertaking. Yet many aspiring entrepreneurs I know approach it as a fun project, get-rich quick scheme, or perhaps an expensive hobby. Others quit their day jobs and commit everything to their new passion, without regard for their own well-being, or the welfare of others around them. Neither of these approaches bodes well for success. As an entrepreneur, you […]

  • How To Mentor Millennials Into Business Leadership
    by MartinZwilling on 2018-01-06 at 13:30Millennials have come a long way in business since I started writing about them almost ten years ago. They started out as that spoiled generation of kids, born between about 1982 and 2004, who had everything, and could care less about business. Today they are in every business, and will likely comprise 50 percent of the workforce by 2020. Their success is now vital to our success. Like all of […]

  • How To Validate Your Innovative Product As A Business
    by MartinZwilling on 2018-01-05 at 13:30In my experience with technical entrepreneurs, they work hard on creating an innovative and elegant solution, and assume that customers will flock to them (“if we build it, they will come”). The reality is that successful businesses these days require an equally elegant business model, with the right marketing, delivery channel, price, and target customers, to get real traction. In […]

StartupJuncture

  • DFFRNT Media raises funding from media mogul John de Mol
    by Samir Saberi on 2018-01-10 at 11:06Amsterdam-based startup DFFRNT Media has raised a minority stake investment from Talpa Network, the one-stop shop of media billionaire John de Mol. Marketing and e-commerce business TCC Global also chipped in. Financial details about the transaction have not been disclosed. DFFRNT Media was founded in 2016 by media veterans Taco Ketelaar, Bas Verhart and the […] The post DFFRNT Media […]

  • Dutch Startup News: CES, €442 million and badass female tech founders
    by Samir Saberi on 2018-01-08 at 10:44What happens in the startup scene in The Netherlands right now? Find out in another Dutch startup news update! News & Updates 53 Dutch startups preset at CES This week the tech world will come together at the CES to showcase the latest new products and technologies the best of the best in the world […] The post Dutch Startup News: CES, €442 million and badass female tech […]

  • Dutch Funding Overview 2017: €442 million in total
    by Sabine de Witte on 2017-12-29 at 14:382017 was a year with many surprising investments, even a few amounts that we haven’t seen before in the Dutch startup eco-system. Our economy is certainly doing better and startups can now seed from the education and support given over the years. Startups mean innovation, change. The total amount of investments in the Dutch startup […] The post Dutch Funding Overview 2017: €442 […]

  • Journalism’s savior startup Blendle aims to raise millions in 2018
    by Samir Saberi on 2017-12-28 at 13:20The ‘Spotify for News’ and startup darling of late, Blendle is in need of new cash. The Dutch financial times, Het Financiele Dagblad (FD), reports (in Dutch) about the company’s financial position based on an analysis of the annual report that Blendle deposited last week. In a response to the article the company’s co-founder and CEO […] The post […]

First Round Review

Tracxn