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3D Presentation Startup JigSpace Wins $1.4m Seed Round

August 3, 2020

Australian 3D presentation firm JigSpace has secured a AU$2 million ($1.4m) seed funding round, as it looks to capitalize on a pandemic period that has hugely boosted use of its platform. The…

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5 Sustainable Food Tech Companies to Look Out for This Year

July 19, 2020

With further emphasis being placed on sustainability, health and local produce, the trillion-dollar food industry is continuously facing new challenges that require innovation The industry is projected to be worth approx. $250…

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ASKfm CEO Janis Grivins: “The Essence of the Product Has to be Simple”

July 16, 2020

Janis Grivins rose from product designer to become chief executive of ASKfm, a social network where users can ask and answer questions. Since its 2010 foundation ASKfm has amassed over 200 million…

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How Travel App Blacklane Adapted to a Post-Corona World

July 15, 2020

Based in Berlin, and with hubs located in major cities across Australia, the U.S. and UAE, chauffeur app Blacklane is one of the transport industry’s biggest success stories. The company, which has…

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TikTok vs. Facebook: Could the U.S. Really Ban TikTok?

July 12, 2020

With over 800 million active users worldwide, TikTok’s growth since its $1 billion rebrand of Music.ly in 2018 — a number thought to have been bolstered by the coronavirus pandemic — has…

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X Shore’s Konrad Bergström: “There is Scope for Positive Impact”

June 30, 2020

Konrad Bergström is president and founder of X Shore, a Swedish startup building 100% electric-powered boats. A longtime entrepreneur and extreme sports professional, Bergström broke into the tech scene with his previous…

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AI in the Age of #BlackLivesMatter: Reckoning or PR Stunt?

June 11, 2020

George Floyd’s death, and weeks of global protest against racial inequality that followed, have persuaded two of Silicon Valley’s biggest brands to rethink facial recognition technology. On Tuesday IBM announced it would…

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Upstart Banking App Varo Money Secures $241m Round

June 3, 2020

Mobile-only bank Varo Money has raised a $241 million Series D funding round. Gallatin Point Capital and The Rise Fund helped back the deal, which the San Francisco-headquartered firm says will help…

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Switzerland Develops first Google, Apple Tracing API-based App

May 27, 2020

Swiss authorities have launched a contact-tracing app it hopes will stymie the spread of Coronavirus – the first to use Google and Apple’s tracing API. “SwissCovid”, currently in its pilot phase, will…

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Is The Facebook Giphy Buy a Disaster for Privacy?

May 19, 2020

Facebook is buying gif-searcher Giphy for around $400 million. That’s no drop in the ocean. But it is a 50% drop on Giphy’s most recent valuation: even gif-sharing has been picked off…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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