Month: May 2018

Paragraf, a Cambridge University graphene spin-out, has closed a £2.9M (~$3.9M) seed round. The funding is led by the university’s commercialization arm, Cambridge Enterprise, with Parkwalk Advisors, Amadeus Capital Partners, IQ Capital Partners and angel investors also participating. Graphene refers to the one atom-thick latticed carbon material that’s been exciting scientists with its potential for more than
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Cleo, the London-based fintech that offers an AI-powered chatbot as a replacement for your banking apps, continues to put together an impressive list of backers. The startup’s early investors already include Entrepreneur First, Skype founder Niklas Zennström, Wonga founder Errol Damelin, and LocalGlobe, the seed VC firm founded by father and son duo Robin and
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Jan Koum in 2014.Photo: AP Jan Koum, the billionaire CEO of Facebook subsidiary WhatsApp, is leaving the company following disputes over “the popular messaging service’s strategy and Facebook’s attempts to use its personal data and weaken its encryption,” the Washington Post reported on Monday. Koum will additionally step down from Facebook’s board, and was in
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