Startups

Quantum Machines, an Israeli startup launched by three Ph.D. physicists, wants to build the operational and control layer for quantum computing. Today, it announced a $5.5 million seed investment led by TLV ventures with participation from Battery Ventures. The three principals have been studying quantum computing for a decade and they understand that to commercialize
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The Morgan Stanley Multicultural Innovation Lab, Morgan Stanley’s in-house accelerator focused on companies founded by multicultural and female entrepreneurs, hosted its second Annual Showcase and Demo Day. The event also featured companies from accelerators HearstLab, Newark Venture Partner Labs and PS27 Ventures. (Note: I was formerly employed by Morgan Stanley and have no financial ties.) The showcase represented
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Feedr, a food tech startup that delivers healthy and personalised meals to office workers as an alternative to companies setting up their own canteens, has picked up just over £1.5 million in pre-Series A funding. The round is led by London early-stage venture capital firm Episode 1. Also participating is Brent Hoberman’s Founders Factory, and
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Sometimes, it’s hard to imagine a product or industry that a new e-commerce startup hasn’t tried to remake already, from slippers to mattresses, from luggage to lipstick. Yet two childhood friends in New York have seemingly struck on a fresh idea: taking on the stodgy and often expensive world of cookware, where one’s options out of college are usually limited to
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Genies is emerging as the top competitor to Snapchat’s wildly popular Bitmoji as Facebook, Apple, and Google have been slow to get serious about personalized avatars. Over one million people have customized dozens of traits to build a realistic digital lookalike of themselves from over a million possible permutations. When Genies launched a year ago
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Microsoft announced plans to shut down HockeyApp and replace it with Visual Studio App Center. The company acquired the startup behind HockeyApp back in 2014. And if you’re still using HockeyApp, the service will officially shut down on November 16, 2019. HockeyApp was a service that let you distribute beta versions of your app, get
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SparkLabs Taipei, part of SparkLabs Group, the global network of accelerator programs and funds that works with emerging startup ecosystems, has raised $4.25 million in an initial close led by CTBC Group, along with individual investors, for its first venture capital fund. SparkLabs Taipei also announced today that it has added Atlanta Hawks player Jeremy
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More posts by this contributor Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Kenya’s Twiga Foods has raised $10 million from investors led by the International Finance Corporation to add processed food and fast-moving consumer goods to its product line-up. The startup has built
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Salad startup and retailer Sweetgreen recently raised a $200 million Series H round led by Fidelity that valued the company at more than $1 billion. This round brings Sweetgreen’s total amount of funding to $365 million. With this additional $200 million in funding, Sweetgreen is setting its eyes on other food categories and looking to
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PagerDuty, an eight-year-old, San Francisco-based company that sends companies information about their technology, doesn’t receive a fraction of the press that other fast-growing enterprise software companies receive. In fact, though it counts as customers heavyweight companies like Capital One, Spotify and Netflix; it employs 500 employees; and it has five offices around the world, it
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Tinder’s chief product officer Brian Norgard wants to get back to his entrepreneurial roots, citing former PayPal executive-turned-venture capitalist Keith Rabois as inspiration. Norgard, who joined Tinder as part of the acquisition of his Kleiner Perkins-backed ephemeral messaging startup Tappy in 2014, has confirmed to TechCrunch that he’s left the app-based dating company to focus
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Retail tech SaaS platform Mercaux has closed a £3.5 million (~$4.5M) Series A funding round led by European VC fund Nauta Capital.  The 2013 founded London-based startup sells software for retailers to tap into digital capabilities in their physical retail stores — offering a modular platform that’s intended to support digital transformations at a pace of the
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Some more comments from readers on the changing culture around startups filing their Form Ds with the SEC, and then a short update on SoftBank and a bunch more article reviews. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the
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The second wave of Internet-era travel companies has captured the attention of venture capitalists. In the last five years, travel companies have raised more than $1 billion in venture capital funding. That includes short-term rental startups, travel and tourism apps, marketplaces for “experiences” and other travel or hospitality tech platforms. Airbnb, a $38 billion company
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