Pinterest co-founder Evan Sharp is joining Jony Ive’s design firm
Pinterest has announced co-founder Evan Sharp is exiting his full-time role with the company, where he’s served as chief design & creative officer, in order to join Jony Ive at his new creative collective, LoveFrom. After his last day today, October 14, 2021, Sharp will move into an advis
Facebook researchers collect thousands of hours of first-person video to train AI
If the AIs of the future are, as many tech companies seem to hope, going to look through our eyes in the form of AR glasses and other wearables, they’ll need to learn how to make sense of the human perspective. We’re used to it, of course, but there’s remarkably little first-perso
Newsela breaks into interactive educational video with first acquisition
YouTube is the third-most-used website within schools, according to Matthew Gross, CEO and co-founder of Newsela.
“That is incredible, considering how difficult it is to find videos, how unfiltered it is and how inaccessible it is for many students who have different learning a
Evolution Equity Partners closes on $400M for new cybersecurity fund
Evolution Equity Partners is targeting cybersecurity and enterprise software companies for its new Evolution Technology Fund II LP for which it announced Thursday a final closing totaling $400 million.
The fund was oversubscribed and included new and returning institutional investors, corporates an
Tala grabs $145M to offer more financial services in emerging markets
Tala, an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding.
Upstart, a company founded by ex-Googlers Dave Girouard, Anna Counselman and Paul Gu, led the round. The Stellar Development Foundatio
AI shopping assistant Karma raises $25 million in Series A funding led by Target Global
AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital. Karma allows users to plan their next online purchases, get
Berlin’s Mayd bags $15M seed to deliver meds fast
Berlin-based Mayd has spied an opportunity to build out a medicine delivery platform in Europe which partners with the small-scale pharmacies that tend to be the norm on the continent, capitalizing on how the pandemic has generally accelerated demand for on-demand delivery.
The startup, which was o
Outschool’s after-school enrichment marketplace is now valued at $3 billion
In the last 12 months, Outschool, a marketplace for kid-friendly enrichment classes, has raised its Series B, Series C and, now, it’s Series D. The startup announced today that its latest round, a $110 million tranche of capital, brings its valuation to $3 billion just four months after hitti
Cannabis commerce company Dutchie doubles valuation following new funding round
Dutchie, a four-year-old, Bend, Oregon company that charges cannabis dispensaries a monthly fee to create and run their websites and manage orders, is on a roll this year, raising its second large round of funding — this time a $350 million Series D at a $3.75 billion valuation.
The new valua
European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M
SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition in the U.S. to dig deeper into that market and to expand the kinds of services that it provides to c
Singapore-based insurtech startup Surer nabs seed round to bolster its product development
There is an imbalance between demand and supply of general insurance due to the tedious workflow and processes that insurance intermediaries and insurance companies face.
Singaporean insurtech company Surer, which automates the workflow and processes via a cloud-based platform, helps insurance i
Hyundai Motor plans to develop its own chips
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Hyundai Motor is the latest automaker to announce plans to develop its own semiconductor chips in order to reduce reliance on chipmakers, according to the company’s global chief operating officer, José Munoz.
As car sales fell during the pandemic, automakers paused their orders j
Smart growth tactics can put account-based marketing within reach for startups and SMBs
For many startups and SMBs, successfully setting up account-based marketing strategies can feel like a pipe dream. Startups still struggling to find product-market fit wouldn't dream of being able to identify and map out their ideal customer profile (ICP) clearly enough. At the same time, small
The importance of decentralized insurance in a destabilizing climate
What does it mean for economies, governments and communities when “once in a lifetime” weather events begin to occur on an annual basis?
We are witnessing an entirely new scale of natural disasters across the world. Previously, emerging economies bore the brunt of induced climate disasters, but