Day: August 26, 2019

Presight Capital, the international venture arm of Apeiron Investment Group, is announcing that it’s closed its first fund of $80 million. Apeiron is the family office of German entrepreneur Christian Angermayer (pictured above), who previously co-founded pharmaceutical company Ribopharma — which is now the publicly-traded company Alnylam. Angermayer told me he sees his investments as […]

Boll & Branch, which sells sustainably-sourced sheets, pillows, mattresses and towels, is announcing that it has raised $100 million in a strategic investment from L Catterton’s Flagship Buyout Fund. This looks like a big change from the company’s previous approach to  funding. It was self-funded for its first two years (resulting in what CEO Scott […]

Disney showed off some exciting new footage from Star Wars: The Rise of Skywalker, the final instalment of the newest Star Wars movie trilogy at its D23 expo this past weekend. Now, that footage is available online for everyone else to see. The clip includes a swelling montage of clips from the previous two trilogies, […]

At VMworld today in San Francisco, VMware introduced a new set of services for managing virtual machines and containers in a single view. Called Tanzu, the product takes advantage of the knowledge the company gained when it acquired Heptio last year. As companies face an increasingly fragmented landscape of maintaining traditional virtual machines, alongside a […]

Stylitics, a startup powering outfit-based shopping recommendations for online retailers, is announcing that it has raised $15 million in Series B funding. The company was initially known for ClosetSpace, a mobile app that provided consumers with outfit recommendations and inspiration. While the app is still live, Stylitics’ focus has shifted to its retailer tools — […]

Nvidia today announced that it has been working with VMware to bring its virtual GPU technology (vGPU) to VMware’s vSphere and VMware Cloud on AWS. The company’s core vGPU technology isn’t new, but it now supports server virtualization to enable enterprises to run their hardware-accelerated AI and data science workloads in environments like VMware’s vSphere, […]

FreshToHome, a Bangalore-based e-commerce startup that sells fresh vegetable, fish, chicken and other kinds of meat, has raised $20 million in a new financing round as it looks to expand its footprint in the nation. The Series B round for the startup was led by Iron Pillar, with Joe Hirao, the founder of Japan’s ZIGExn, […]

BharatPe, a New Delhi-based firm that is enabling hundreds of thousands of merchants to start accepting digital payments for the first time, and is also giving them access to working capital, has raised $50 million as it looks to scale its business in the nation. The Series B round for the one-year-old startup was led […]

Megvii Technology, the Beijing-based artificial intelligence startup known in particular for its facial recognition brand Face++, has filed for a public listing on the Hong Kong stock exchange. Its prospectus did not disclose share pricing or when the IPO will take place, but Reuters reports that the company plans to raise between $500 million and […]