Equity crowdfunding continues to be a hot topic around the world, with a number of players new and old re-doubling their efforts to capture the wallets of investors everywhere. The most recent example is Invesdor, a platform focusing on Scandinavia, who used its own platform to raise its fourth round of funding. This time, the company raised €1.2m ($1.36) to expand growth, especially in the UK. Read More
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French startup Sevenhugs closed a $14.6 million Series A today led by Xerys on a quest to better integrate smart home technology. Sevenhugs has already developed a sleep tracker and is nearing completion on development of a universal smart-remote. Sevenhugs joins Misfit, Hello, and others with its hugOne sleep-tracker. When it launches, the remote will let users simply point to control… Read More
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Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than… Read More
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Pinterest today said it was acquiring the team behind tote, a shopping app that highlights products suggested by fashion influencers and friends.
The tote founders are joining Pinterest’s growth and monetization team. This isn’t the only talent acquisition Pinterest has made even this month as well: Just last week, Pinterest acquired the team behind the custom keyboard app Fleksy. Read More
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Dropbox today is releasing a slew of new enterprise features as it continues to try to woo larger businesses in an effort to build a strong new line of business. The most interesting new feature is probably a tool in its mobile application that allows business users to scan documents and upload them directly into Dropbox. The idea is that there is still a lot of activity and business… Read More
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Dorsal is a mobile app that lets anyone who sees a shark in the ocean file a report (complete with geolocation). The same app can also provide alerts for sightings.
Sort of the “Waze of shark spotting”, this app and crowdsourced ecosystem aims to arm beachgoers, surfers and other water recreationists with the latest, verified reports of shark sightings before they get into the water. Read More
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News of an offer from Tesla to acquire SolarCity came mostly unexpected to traders earlier this afternoon. In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. It is typical for the stock of an acquisition target to spike while the acquirer’s stock falls according to Michael Morosi of Avondale Partners. SolarCity… Read More
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Quick diagnosis of bloodborne diseases can very much be a matter of life and death, but bouncing results off a hospital can take hours or days — so the NIH and Cornell University are working on a device called the FeverPhone that could cut that time to as little as 15 minutes. Read More
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Austin’s transportation saga just keeps getting more interesting. Last week, we wrote about a 30,000 member Facebook group that had formed in Austin to help facilitate ride requests in the absence of Uber and Lyft. Riders posted requests, drivers responded, and people got where they needed to go. One problem – the drivers and riders were not using an official service to… Read More
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The explosion of tech companies setting up headquarters in major cities has encroached on the homeless population. Like San Francisco, the tech industry is growing rapidly in Seattle, and we too have the same dilemma. But unlike San Francisco, we have the opportunity to get ahead of this issue and truly make a difference. Read More
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