KKDay, a startup from Taiwan that operates a platform that helps travelers to Asia find local activities, has raised $10.5 million. The funding round was led by Japanese travel operator H.I.S. with participation from existing backer MindWorks Ventures, the Hong Kong-based VC. KKDay is one of a number of services that cater to Asia’s burgeoning […]
The race for pole position in the next generation of transportation services continues to gain speed, and today a startup providing data on how best to navigate transit in urban environments is announcing a significant round and partnership to help it get out in front. Moovit — the Israeli startup whose iOS, Android and Web apps are […]
Tandem, the U.K. challenger bank that recently acquired the banking arm of the famous Harrods department store partly in order to get its banking license back on track, has launched its first banking product: a credit card that offers cashback on every purchase and no exchange fees when spending abroad. The new card is designed […]
Last Saturday afternoon in the penthouse suite of the London West Hollywood, two-time NBA all-star Baron Davis was providing assists in a different kind of court. In front of a gathering of entrepreneurs, athletes, artists, designers, musicians, and members of the Los Angeles investment community and business elite, Davis was putting on a show designed […]
Never ask a wireless engineer working on the NYC subway system “What can go wrong?” Flooding, ice, brake dust, and power outages relentlessly attack the network components. Rats — many, many rats — can eat power and fiber optic cables and bring down the whole system. Humans are no different, as their curiosity or malice […]
It looks like Telegram’s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing. A document submitted to the SEC earlier this week states that the money was raised “for the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the […]
Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam customers […]
CommonSense Robotics, an Israel-based startup developing AI and robotics tech to help online grocery retailers speed up fulfilment and delivery, has raised $20 million in Series A funding. The round was led by Playground Global, with participation from previous investors Aleph VC and Eric Scs Innovation Endeavors. It brings the company’s total funding to $26 […]
The quest for Olympic gold is the search for the slightest leg up — small changes that could ultimately shave fractions of a second off of one’s time. It’s an ideal platform for a technology like 3D printing, where the ability to customize products can have a dramatic effect on their physical qualities. No surprise, […]
Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec. Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter […]