The cryptocurrency market experienced a major correction with the top 20 cryptocurrencies by market capitalization dropped in value by as much as 10 percent today. Based on the latest data from CoinMarketCap.com, major cryptocurrencies like Bitcoin, Ethereum and Ripple fell by at […]
Intelligent data platform for Artificial Intelligence (AI) startup DefinedCrowd has released their product to the market. The company developed a Software-as-a-Service (SaaS) platform that allows data scientists to collect, enrich, and structure data for AI applications. The smart data startup launches the […]
Energy monitoring and SaaS-based analytics startup, Bidgely, has $27 million in Series C funding round to grow its India office and expand artificial intelligence solution for utilities and energy retailers. This is its largest round of investment to date. Founded by Indian Institutes […]
Same-day grocery delivery company Instacart has acquired Toronto-based voice-ordering software startup Unata for $65 million. The news as first reported on Bloomberg. The acquisition would help Instacart with new kinds of e-commerce tools and expansion into Canada market Instacart is a same-day […]
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 […]
Cloud-based mobile and private messaging app Telegram is planning to raise $1.2 billion in initial coin offering (ICO). The ICO will be the largest token sale ever. Its proposed blockchain network and platform is aimed at solving the shortcomings of existing […]
The Central Bank of Lithuania has launched a new regulatory and technological “sandbox” for startups working with blockchain. Last week, the bank announced the “LBChain” initiative sandbox platform-service to encourage domestic and foreign startups to develop and test fintech blockchain solutions. The platform-service […]
San Francisco-based technology company and Pharmacy Benefit Manager (PBM) startup, SmithRx, has raised $9 million in Series A funding, the company announced. The investment round was led by Founders Fund with participation from Blumberg Capital, NextGen Venture Partners, Box Group, and others. […]
Berlin Germany-based used car startup AUTO1 has raised $558 million in funding from Japan’s Softbank to expand internationally and build direct car sale and financing opportunities for dealers. AUTO1 Group connects buyers and sellers of cars via an online platform. Auto1 […]
Good morning! Here are some of the top tech startup news stories today Monday, January 15. Autonomous Driving Startup Pony.ai Raises $112 million. Pony.ai, a startup that builds autonomous driving solutions, has closed a Series A funding round of $112 million. […]
The AI systems built by Chinese retail giant Alibaba and Microsoft have outperformed humans in the Stanford Question Answering Dataset (SQuAD), Alibaba’s AI program was the first to beat the human score. Using natural-language processing, Alibaba’s machine-learning network model scored 82.44 on the […]
Beijing-based startup Huami has filed for a $150 million IPO with the Securities and Exchange Commission. Huami is Xiaomi’s smart wearable partner. Launched in 2014, Huami is the #2 wearable device company in the world, ahead of Fitbit, with over 50 million units sold. […]
JPMorgan Chase Chairman & CEO Jamie Dimon, a known critic of Bitcoin, is backpedaling a bit on his earlier criticisms on cryptocurrencies. In an exclusive interview with FOX Business’ Maria Bartiromo, Dimon said Tuesday he regrets past comments in which he called Bitcoin […]
Ubenwa is a Nigerian Artificial Intelligence (AI) health startup that is saving newborn lives by enabling quick and cost-effective diagnosis of birth asphyxia from infant cry. Birth Asphyxia, meaning lack of oxygen, is one of the top 3 causes of infant […]
Welcome to the tech startup stories of the week! In case you missed them, here you will find the week’s most important news published on TechStartups.com during the past week. If you want this weekly update in your inbox every […]
January 14, 2018 (Hong Kong, China) Sharpe Capital is a blockchain based platform committed to building a decentralized investment ecosystem. Their focus is on helping both retail traders and institutional investors better understand traditional and crypto financial markets. The Sharpe […]
Two major players in provenance authentication, Everledger, a leading emerging technology enterprise, and Shping, an industry-standards based track and trace cloud platform, have today announced a first-to-market collaboration that will see the pair build a GS1 EPCIS standard track-and-trace platform for product information […]
TechCrunch founder Michael Arrington’s Ripple Hedge Fund, Arrington XRP Capital, has invested in Storecoin. Storecoin is a new public blockchain. Arrington XRP Capital is a $100 million digital asset management firm in blockchain-based capital. The hedge fund is based entirely on […]
According to Forbes report, Grocery giant Kroger and rivals in talks to buy of the highest-profile e-commerce startups, Boxed.com, for up to $500 million. The online wholesale has received acquisition interest from grocery giant Kroger and several other major retailers, […]
Welcome to the brave new world of true driverless car. General Motors (GM) has asked federal regulators to approve an autonomous car with no steering wheel, brake pedals, accelerator “or other unnecessary controls.” The company said Thursday. The interior of the new […]