Startups

Aeronautics industry giant Airbus is teaming up with hardware early-stage investment firm HAX to create a four-month accelerator program based in Shenzhen focused on a high-flying goal – “urban air mobility.” The program will seek to guide startups working on various aspects of flying cars and aerial city transportation, including air traffic management, perception systems,
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Eden, the office management and tech support platform, has today closed $10 million in Series A funding led by Spectrum 28, with participation from Fifth Wall Ventures, Bessemer Venture Partners, Y Combinator Continuity Fund, Canvas Ventures, Comcast Ventures, Eniac Ventures and other existing investors. Eden started out as a tech support service for both businesses
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Appier, the artificial intelligence startup that recently raised a $33 million Series C from three of Asia’s biggest Internet companies, has hired former Microsoft Japan marketing senior director Sean Chu to oversee its growth strategy. As Appier’s new chief strategy officer, Chu will be based in Tokyo and helm Appier’s operations in Japan and Korea.
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According to Emilio Ferrara, a USC Information Sciences Institute researcher, not all Twitter bots are born bad. He should know. Ferrara created a “large-scale experiment designed to analyze the spread of information on social networks” and found that “good” Tweets spread just as quickly as bad Tweets. Further, they confirmed something the we already know:
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Inkitt, which bills itself as “the world’s first reader-powered book publisher,” has raised $3.9 million in pre-series A funding, in a round led by Redalpine, with Frontline Ventures, Speedinvest and a number of private investors also participating. The Berlin-based startup is part writing and reading community, and part publishing house, with one aspect feeding the
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When it comes to startup investment, carmakers are all over the road. Over the past two years, we’ve seen a massive spike in venture funding by major auto manufacturers. Deal counts are up, more automakers are investing and more big rounds are getting done. However, an analysis of Crunchbase funding data for the 20 largest global
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“If we’re improving the mental health of millions of teens, that’s a success to us,” says Nikita Bier, co-founder of tbh. His team has scored a surprise hit, rocketing to the top of the App Store by letting teens send each other compliments anonymously. While most anonymous apps like Secret and Yik Yak have devolved
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Seed funding is drying up. Accelerators are scrambling for revenue. Things are changing drastically in the startup ecosystem. Why? First, as we all know, it’s easier than ever to build a startup. An MVP can hit the app stores in a few days and the need to raise millions for servers and software is over.
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Pointy​,​ ​an Irish start​ ​startup​ ​that​ lets ​local​ ​retailers put their stock online so that they can be discovered via search engines, has raised $6 million in Series A funding. The round is being led by Frontline Ventures, alongside Paul Allen’s Vulcan Capital, Draper Associates and a number of notable angel investors. The latter includes
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HubSpot announced this morning that it has acquired chatbot startup Motion AI. Motion AI launched in 2015 and offers an editor for building chatbots that work on websites, Facebook Messenger, SMS and Slack, no coding required. Even before the acquisition, the tool was already integrated into HubSpot Free CRM. The entire Motion AI team, including
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