Day: January 11, 2018

 Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a […]

 Recent Sphero spinoff Misty Robotics brought a decidedly non-consumer-focused device to the Consumer Electronics Show in Vegas this week. The Misty I Developer Edition is the first baby step for a startup with even grander ambitions than the one that gave birth to it. In June, the company announced a $11.5 million Series A led […]

 GV (formerly known as Google Ventures) has lost its one female general partner. London-based Avid Larizadeh Duggan is joining Kobalt​, a New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when any sample or full track is played across various digital platforms.  Larizadeh Duggan, who’d led an investment in […]

 The price of bitcoin and other cryptocurrencies dropped significantly today off the back of ‘news’ that South Korea’s government might ban trading exchanges. As ever in the world of crypto, the slightest ripple of information can be taken out of context, and that appears to be the case here. Reuters reported comments from Korean Justice […]

 Apple’s plan to migrate China-based iCloud user accounts to a local host on Chinese soil is already running into controversy after the iPhone-maker appeared included accounts registered overseas in the data. China-based users were informed of the upcoming migration yesterday, which Apple said “will allow us improve the speed and reliability of our iCloud services products […]

 Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding. Read More Source: New feed

 Sodexo, a French publicly-listed food services and facilities management company, has acquired a majority stake in Paris-based online restaurant and food delivery startup FoodChéri. Terms of the deal remain undisclosed, though François Paulus of Breega Capital, which backed the company’s €6 million Series A, tells me he is “happy with the return”. Read More Source: […]