Microsoft acquires video creation and editing software maker Clipchamp
Video editing software may become the next big addition to Microsoft’s suite of productivity tools. On Tuesday, Microsoft announced it’s acquiring Clipchamp, a company offering web-based video creation and editing software that allows anyone to put together video presentations, promos o
Forerunner is software for NFIMBYs, or no flooding in my backyard
Mayors have the toughest job in the world, and leading a city is only getting harder. Even as populations swell in urban cores across the world, climate change is constraining the geographies where that growth can happen. Coastal communities that are popular with residents are also taking a gamble
Real-time database platform SingleStore raises $80M more, now at a $940M valuation
Organizations are swimming in data these days, and so solutions to help manage and use that data in more efficient ways will continue to see a lot of attention and business. In the latest development, SingleStore — which provides a platform to enterprises to help them integrate, monitor and q
New leAD Sports & Health, Tavistock Group fund comes as sport tech market poised for double-digit growth
Sports and health technology investor leAD Sports & Health Tech Partners and private investment organization Tavistock Group have come together to launch the $30 million Lake Nona Sports & Health Tech Fund for early-stage startups in the areas of fan engagement, connected athletes, health a
UnitQ raises $30M in Accel-led round to help companies improve product quality
Product quality is hugely important when it comes to the success of a product. Even if your product seems really cool, if it's buggy or doesn't work well, many people will just stop using it rather than taking the time to figure it out or even report a problem.
UnitQ, a Burlingame, Californ
Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
The beauty industry is worth some $500 blion annually, and the COVID-19 pandemic has led to a sharp rise in the proportion of sales being carried out online. Today, a London-based beauty startup is announcing a major round of funding in hopes of reaping the spos of that trend with a direct-to-consu
PayPal acquires Japan's Paidy for $2.7B to crack the buy now, pay later market in Asia
PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan.
The transaction completion, including the regulatory approval, is
Indonesia-focused Intudo Ventures closes $115M third fund
Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed.
Fund III's limited partners include Black Kite Capital, the family office
E-commerce aggregator Rainforest raises $20M just months after its last funding
Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk's Hill Ventures. Other participants included January Capital, Crossbeam Venture Partners, Amasia and Lo & Behold Group, along with return
UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is ann
5 factors that can make or break a startup’s growth journey
The “health” of a startup's growth can be a strong predictor of how large and valuable it can become. Our generation's most valuable startups have all sustained a high rate of user/revenue growth over an extended period of time. As such, founders, employees and investors are all
Locals share why Vilnius, Lithuania is becoming an international startup hub
There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. The country’s startup-friendly regulatory environment, a beautiful medieval town center, over 20 business hubs and accelerators and strong rankings in intellectual property pro
Wright tests its 2-megawatt electric engines for passenger planes
Just like the automotive industry, aerospace has its sights set on going electric — but flying with battery-powered engines is a tougher proposition than rolling. Wright is among the startups looking to change the math and make electrified flight possible at scales beyond small aircraft — and i
Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce
Warby Parker filing to IPO last week was one more sign that direct-to-consumer (DTC) is an extremely powerful e-commerce trend. But LA-based performance marketing agency MuteSix didn’t wait that long to build its business around scaling DTC brands.
Created in 2014 and acquired by Dentsu in 20