Startups

London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency account, app and card that does indeed let
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There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau
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Toyota​ ​Mobility​ ​Foundation,​ a charity set up by Toyota in 2014 to help bring about “a truly mobile society,” has launched a $4 million competition to encourage the development of new smart mobility technology to support the lives of people with lower-limb paralysis. Dubbed the ‘Mobility​ ​Unlimited​ ​Challenge​’, the competition — which has several rounds
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French startup Drivy is expanding to another European country. This time, the company is launching in the U.K. For now, the service is mostly live in London and it’s slowly going to expand across the U.K. throughout 2018. The company has been somewhat careful when it comes to international rollout, with only six European countries in seven
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On-demand platform Postmates is launching in Mexico City today, its first international market, with more than 1,000 merchant partners and couriers on board. That means people who live in areas like Polanco, Condesa, Juárez, Cuauhtémoc, Roma, Jardines Del Pedregal, Lomas de Tecamachalco and Ciudad Universitaria will be able to access on-demand delivery via Postmates. “We believe
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Forward, the San Francisco-based startup that’s looking to refashion healthcare services in Apple’s image, is expanding with its first location in Los Angeles. Weaving together a number of Silicon Valley’s favorite healthcare trends, the company’s services combine proprietary, purpose-built medical devices with algorithmically enabled diagnostic tools, and the latest in gene, bacteria and blood tests
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Logistics transportation company Lori Systems won best of show at TechCrunch’s Startup Battlefield Africa after gaining majority votes of the event’s 15 judges. The Kenyan-based venture pitched its platform to optimize all points of the cargo delivery supply chain ― from the trucks, to the suppliers, to invoicing and costs. Co-founded by South African Josh
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Poshmark, the app for fashion consignment, has raised another $87.5 million in funding led by Singapore-based Temasek. Menlo Ventures, GGV Capital, Mayfield and others also participated. Having raised $160 million to date, the startup is well-capitalized and plans to use the money to build out its stylist-matching technology. Poshmark is launching voice integration with Amazon’s
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A new study out from health startup Cardiogram and the University of California San Francisco (UCSF) suggests wearables like the Apple Watch, Fitbit and others are able to accurately detect common but serious conditions like hypertension and sleep apnea. Cardiogram and UCSF previously demonstrated the ability for the Apple Watch to detect abnormal heart rhythm
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The paperwork’s done! The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch. We’ve been provided the following statement. “We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment. We believe this agreement is a strong vote of confidence in Uber’s long-term
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A taxi-hailing app. A transplant device developer. An online mortgage provider. Those businesses may have little in common, but one shared thread is that U.S. startups in these sectors have all secured large funding rounds led by Russia-based investors. They’re not alone. Over the past seven years, Russia-based strategic and venture investors have participated in
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WeLab, a financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt financing. The round, which WeLab says is its Series B+, brings its total funding so far to $425 million. Investors include the Alibaba Hong Kong Entrepreneurs Fund, the World Bank’s International
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I had originally planned to run a pitch-off in Muscat today from 3pm to 6pm but it looks like that is cancelled. I only received 12 requests to pitch and of that group only two companies confirmed they would attend (thanks Nabnee and SnapType). That’s very disappointing and it’s clear that there’s a lot of
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Pronoun, a self-publishing service for authors, is shutting down after promising free ebook distribution for authors. The company, which raised millions in funding and ended up being sold to Macmillan announced the shutdown in an email to authors and on its website. Two years ago Pronoun set out to create a one-of-a-kind publishing tool that
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Founder Gym, co-founded by Mandela Schumacher-Hodge and Gabriela Zamudio (pictured above), is unveiling its online platform to support and train underrepresented founders building tech startups. Instead of describing it as a school, bootcamp or incubator, Founder Gym describes itself as a topical, four-week training program that covers topics like fundraising, pitching, user growth and problem
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