Startups
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Loop Commerce Raises $16 Million For Its “E-Gifting” Checkout Service For Online Retailers
Loop Commerce, a company that has developed an alternative checkout technology for e-commerce sites that allows customers to more easily buy gifts for friends without having to worry with product details like size or color – or even recipients’ shipping addresses – is today announcing an additional $16 million in new funding. The round, co-led by Houzz, Chegg, and Audible… Read More
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Ticket Booking Startup Beijing Weiying Raises $105M From Investors Including Tencent
Beijing Weiying Technology, the maker of a movie ticket booking platform that is embedded in WeChat, China’s largest messaging app, has raised a $105 million series B. Investors include WeChat owner Tencent and Wanda Group, one of China’s largest movie theater operators.
Weiying’s app, WePiao, can be accessed through WeChat, as well as QQ, Tencent’s instant messaging… Read More
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uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded
What if wireless power at a distance actually worked? It does. uBeam invented a way to wirelessly send energy up to 15 feet away with ultrasound. What if you could slap a wireless charging case on your phone and charge it while you move around or use it? uBeam invented that too. While early uBeam prototype were massive, non-portable boxes that merely shot power around, it now has a working… Read More
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Maritime Data Startup Windward Raises $10.8M To Track The Oceans
Windward, which provides maritime data and analytics, has raised $10.8 million in funding led by Horizons Ventures, with participation from returning investor Aleph. This brings the company’s total raised so far to $15.8 million. The startup’s products currently include MARINT, which tracks vessel traffic using commercial satellites and alerts law enforcement and intelligence… Read More
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Conductor Helps Customers Figure Out If They’re Ready For Google’s “Mobile Friendly” Update
Last week, Google updated its search algorithm to favor mobile-friendly pages in mobile search results — a move that could affect 40 percent of Fortune 500 websites. If you’re worried about the update, Conductor has built a new tool to help. The company says Mobile Visibility can help businesses understand which content is mobile friendly and which is not and how that affects… Read More
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The Marijuana Industry And Its First Crossroads
Marijuana has come a long way in the United States since California launched its first-in-the-nation medical program 19 years ago. Today, 23 states and the District of Columbia have legalized cannabis to some degree, and public perception of the plant is clearly shifting. Medical marijuana is being used in treatment of a variety of illnesses including several types of seizures, cancer and… Read More
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Headout Raises $1.8 Million For Its Travel App That Puts A Concierge In Your Pocket
Headout, a mobile travel application that functions as sort of a mobile concierge, helping you find tours, activities and tickets to local events in select U.S. cities, has closed on $1.8 million in seed funding in order to expand its business to new markets. Currently only live in New York and Los Angeles, the startup says it plans to utilize the funds to reach 12 more cities by year-end.… Read More
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With Lydia, Pay For Your Online Purchases Using Your Apple Watch
Step by step, Lydia is unveiling its product strategy to handle all your payments. When I last covered the French startup, it was still mostly focused on growing its user base by providing a Venmo alternative for French users. But now, Lydia also lets you pay on e-commerce websites, starting with PriceMinister. The app is now also available on the Apple Watch so that you can just tap on your… Read More
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ClassPass Acquires Competitor FitMob
If you were curious about potential consolidation in the fitness space (which I’m sure you were), look no further than this very article. ClassPass, the subscription service for unlimited monthly fitness classes, has acquired direct competitor FitMob for an undisclosed amount. ClassPass, a company that has raised more than $54 million in the past three years, is a subscription service… Read More
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IVP Raises $1.4B For Its 15th Fund
Institutional Venture Partners, better known as IVP, has raised a $1.4 billion 15th fund. The company’s last fund, it’s 14th, was a smaller $1 billion capital pool. I spoke to the firm’s Steve Harrick, a general partner, about the fund size, cadence, and investment strategy. According to Harrick, the fund was raised in a two month period. That matches other notes… Read More
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