Top startup news stories you need to know this Tuesday, January 16
Good morning! Here are some of the top tech startup news stories today Tuesday, January 16.
Instacart Acquires Coupon and Voice-Shopping Startup Unata. Instacart Inc. has acquired Toronto-based startup Unata Inc. for $65 million, according to two people familiar with the matter. The deal gives the grocery-delivery company new kinds of e-commerce tools and a path to expand in Canada.
Startup events platform Tech.co acquired by digital marketing firm MVF. Tech.co, an online platform and events organizer for startups, announced today its website that it has been acquired for undisclosed amount by digital marketing firm MVF. Tech.co was launched over 11 years ago as a platform to connect startups and innovators.
Blockchain Startup Cypherium Partners with IC3 for Scaling Research. Cypherium, the blockchain infrastructure platform, is partnering with the Initiative for Cryptocurrencies and Contracts (IC3) research group to develop new blockchain scaling solutions. The goal is to encourage mainstream adoption of blockchain-based platforms. The company also announced that Cypherium will launch an initial coin offering (ICO) early in 2018.
Jama Software buys Portland analytics startup Notion. Portland-based Jama Software said Tuesday it has acquired business analytics startup Notion. Jama sells software for designing complex products. The 3-year Notion, also based in Portland, develops business analytics software. The companies said Tuesday’s deal will give Jama’s clients tools to track their product development work.
Retail technology startup HubBox raises $1.6 million. HubBox, a retail tech startup, has raised $1.6m in pre-Series A funding from Venture capital fund KM Capital (KMC), Angel Tech Investors (ATI), Nexus Investment Ventures (NIVL) and Alan Halsall, the ex CEO of Silver Cross Prams.