Startups

On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
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FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
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At the very beginning, there were 15 startups coming from all around Africa. After an incredibly fierce competition in Nairobi, Kenya, here are the winners of TechCrunch’s first ever Startup Battlefield Africa. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front
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On this week’s Technotopia I talked to Massimo Banzi and Fabio Violante, the co-creators of Arduino. This pair of Italian artists saw their little single-board computers as a gateway to high-tech art but they’ve essentially created a world in which anyone – from an 11-year-old hacker to a huge corporation – can make amazing hardware
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GitLab, a collaboration and DevOps platform for developers that’s currently in use by more than 100,000 organizations, today announced that it has raised a $20 million Series C round led by GV (the fund you may still remember under its former name of Google Ventures). This brings GitLab’s total funding to date to just over $45.5
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In the last two years, Unilever acquired Carver Korea for $2.7 billion. Estee Lauder purchased Too Faced Cosmetics for $1.45 billion. CVC Capital Brands bought PDC Brands for $1.43 billion. L’Oreal purchased a trio of skincare brands for $1.3 billion, and also  IT Cosmetics for $1.2 billion. E.l.f. Beauty did an IPO. Venture capitalists didn’t invest in any of
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Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. Founded in 2015 by Niall Bellabarba, Cristoforo
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Issuu is giving publishers another way to make money from the digital magazines published on its platform. Previously, they could monetize their magazines through advertising or by using the content to drive purchases elsewhere. Now, Issuu is enabling digital sales, which means publishers can charge their readers for subscriptions and single issues. CEO Joe Hyrkin
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Traaqr, a St. Louis-based company, has just announced the launch of their interesting and clever new service. Essentially the system connects online interactions with real world customer service representatives, ensuring accurate attribution when someone goes from your website to your phone bank. Created by entrepreneurs Brian Handrigan, Jeff Linihan, and RJ Jones, the company has
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21Buttons, a social-commerce app that lets fashion influencers share their wardrobe, has closed $10 million in Series A funding. The round is led by Kibo Ventures, and JME VC. Existing investors also participated, including Samaipata Ventures, Breega Capital, 360 Capital Partners, Banc Sabadell Venture Capital, Sputnik, and Mediaset. The Barcelona-based startup says the new capital
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The recent Equifax hack is yet another reminder that major corporations are still leaving themselves susceptible to attacks. There are countless cybersecurity startups looking to fix this problem, but HYPR believes its decentralization approach is key. Its authentication technology secures traditional passwords and also biometrics like fingerprints, faces and voices. The New York-based startup is announcing
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