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PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

5 years 1 month ago
When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. It’s literally a no-brainer. The concept is ubiquitous in East Africa, but since mobile money is a telecom operators-led initiative, there are technical complexities in creating a unified infrastructure for businesses that need it. PawaPay, […]
Tage Kene-Okafor

‘No code’ process automation platform, Leapwork, fires up with $62M Series B

5 years 1 month ago
Copenhagen-based process automation platform Leapwork has snagged Denmark’s largest ever Series B funding round, announcing a $62 million raise co-led by KKR and Salesforce Ventures, with existing investors DN Capital and Headline also participating. Also today it’s disclosing that its post-money valuation now stands at $312M.  The ‘no code’ 2015-founded startup last raised back in […]
Natasha Lomas

Mental health startup Intellect gets $2.2M to expand across Asia

5 years 1 month ago
Intellect, a Singapore-based startup that wants to make mental health care more accessible in Asia, announced it has raised $2.2 million in pre-Series A funding. It is taking part in Y Combinator’s current batch, which will hold its Demo Day at the end of this month. The round was led by returning investor Insignia Venture […]
Catherine Shu

Jolla hits profitability ahead of turning ten, eyes growth beyond mobile

5 years 1 month ago
A milestone for Jolla, the Finnish startup behind the Sailfish OS — which formed, almost a decade ago, when a band of Nokia staffers left to keep the torch burning for a mobile linux-based alternative to Google’s Android — today it’s announcing hitting profitability. The mobile OS licensing startup describes 2020 as a “turning point” […]
Natasha Lomas

Taktile makes it easier to leverage machine learning in the financial industry

5 years 1 month ago
Meet Taktile, a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. But Taktile wants to differentiate itself from competitors by making it way easier to get started and switch to AI-powered models. A few years […]
Romain Dillet

The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others

5 years 1 month ago
Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions, and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and to bar him for serving as a corporate […]
Connie Loizos

Dawn Aerospace conducts five flights of its suborbital spaceplane

5 years 1 month ago
While the rocket launch sector is quickly becoming crowded, the same can’t be said for companies developing suborbital spaceplanes. This means there’s plenty of room to grow for startups like Dawn Aerospace, which has now completed five test flights of its Mk-II Aurora spaceplane that is designed to fly up to 60 miles above the […]
Aria Alamalhodaei

Using AI to reboot brand-client relationships

5 years 1 month ago
Using strategically focused AI, brands can identify what their audiences are doing when they are not engaged in a purchase or using a product or service. The secret here is understanding context.
Ram Iyer

Salad chain Sweetgreen buys kitchen robotics startup Spyce

5 years 1 month ago
Like so many other aspects of the robotics world, the pandemic has dramatically accelerated interest in the automated kitchen. After all, the food and restaurant industry was deemed essential amid global shutdowns, but finding kitchen staff proved a problem for many, especially early on when questions remained around COVID’s transmission. This week, California-based fast casual […]
Brian Heater

Inspired by Airbnb, Hims & Hers offers 10,000 free medical visits to displaced Afghan refugees

5 years 1 month ago
Hims & Hers co-founder and CEO Andrew Dudum said Thursday that his company is in the process of distributing 10,000 primary care and mental health visits to displaced Afghan refugees. Founded in 2017, San Francisco-based Hims & Hers has built out a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals. In a blog […]
Mary Ann Azevedo

Elastic acquisition spree continues as it acquires security startup CMD

5 years 1 month ago
Just days after Elastic announced the acquisition of build.security, the company is making yet another security acquisition. As part of its second-quarter earnings announcement this afternoon, Elastic disclosed that it is acquiring Vancouver, Canada based security vendor CMD. Financial terms of the deal are not being publicly disclosed. CMD‘s technology provides runtime security for cloud […]
Sean Michael Kerner

Astroscale successfully demos in-space capture-and-release system to clear orbital debris

5 years 1 month ago
Astroscale hit a major milestone Wednesday, when its space junk removal demo satellite that’s currently in orbit successfully captured and released a client spacecraft using a magnetic system. The End-of-Life Services by Astroscale-demonstration (ELSA-d) mission was launched in March, with the goal of validating the company’s orbital debris removal tech. The demonstrator package, which was […]
Aria Alamalhodaei

Avalo uses machine learning to accelerate the adaptation of crops to climate change

5 years 1 month ago
Climate change is affecting farming all over the world, and solutions are seldom simple. But if you could plant crops that resisted the heat, cold or drought instead of moving a thousand miles away, wouldn’t you? Avalo helps plants like these become a reality using AI-powered genome analysis that can reduce the time and money […]
Devin Coldewey

Kanye wants to sell you a $200 music gadget

5 years 1 month ago
Kanye (or “Ye,” as it were) is going all out in the promotion of his upcoming tenth studio album, “Donda” (named for his late-mother, Donda West). In July, there was a massive listening party at Atlanta’s Mercedes-Benz Stadium (where he also took up residence in a locker room). For an upcoming listening party in his […]
Brian Heater
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