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December 14, 2018

China’s BYD further drives into Chile with 100 electric buses

Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks […]

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December 14, 2018

International money transfer company TransferGo scores $17.6M Series B

TransferGo, the London-based international money transfer startup, has raised just over $17.6 million in Series B funding, including an earlier tranche of funding closed in May. The round is led by Vostok Emerging Finance and Silicon Valley’s Hard Yaka, with participation from Revo Capital, U-Start Club and Practica Capital. The figure also includes around $830,000 […]

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December 14, 2018

A former Ofo exec is launching his own scooter startup

The funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellow for examples. The latest is Dott, a European scooter startup founded by Maxim Romain, Ofo’s former head of Europe, the […]

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December 13, 2018

LemonBox, which brings US vitamins to Chinese consumers, raises $2M

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the U.S., has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fueled by the demo day, has pulled in the new capital from 10 investors, which include Partech, Tekton Ventures, Cathexis […]

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December 13, 2018

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale marketplace for artisanal products. A quick glance at Faire suggests it’s […]

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December 13, 2018

Anki’s Vector is getting Alexa access next week

Vector’s already got the adorable bit down, courtesy of a team staffed by former Pixar and DreamWorks animators. But Anki’s grownup version of Cozmo can use a bit of help when it comes to smarts. Starting next week, the desktop robot will be able to tap into Amazon Alexa’s deep base of answers. The new […]

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December 13, 2018

IMAX pulls the plug on its dream of VR arcades

The company behind the biggest screens in cinema is giving up on bringing VR screens within a few inches of users’ faces. The company announced today in an SEC filing that it will be shutting down its three remaining virtual reality centers, including its flagship location in Los Angeles. Via the filing: In connection with […]

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