Startups
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Boxed is trying to predict when you’ll run out of snacks and toilet paper
Boxed allows online shoppers to to find the same kinds of deals you’d get at a wholesale retailer like Costco. Now it wants to help you avoid that awkward moment when you realize you’re all out of toilet paper. Co-founder and CTO William Fong said that last week, the company released a new feature called SmartStockup to about a quarter of its users, and it’s in the process… Read More
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The Wizards of Armageddon set up shop in Silicon Valley
The Research and Development Corporation (RAND) has helped the U.S. think through some of the toughest scientific and regulatory challenges since the 1940s. This year, the think tank is opening its first office in the SF Bay Area. It’s positioning itself to weigh in on some of Silicon Valley’s largest research projects, like autonomous vehicles, drones, AI, cybersecurity and… Read More
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Lost My Name, the tech-driven kids book publisher, raises $8.5M and partners with Roald Dahl Estate
Lost My Name, the London-based startup that uses tech to create and publish personalised story books for children, has raised $8.5 million in Series B funding. It is also revealing an upcoming tie-in with the Roald Dahl Estate, owners of IP such as Willy Wonka’s Chocolate Factory. Read More
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Spotify preps to go public with 60M subscribers, outpacing Apple
Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in less than a year, while it’s taken Apple Music more than a year and a half to make that progress. Spotify now has 60 million subscribers, compared to Apple Music’s 27 million (as of June). Read More
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Balkan startups offer free housing service after football price-gouging row
Football (or soccer) fans wanting to attend UEFA Super Cup 2017 in Skopje last week found that many of their hotel rooms were cancelled and rebooked at astronomical rates – sometimes 500 to 900 GBP for a hotel room that was originally a fraction of that. In order to fight back against a tarnished global image (and because they are cool people), a group in Skopje, WeTalkIT, created a… Read More
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Sick of SoundCloud? Anchor offers podcast transfer with free hosting
SoundCloud is on shaky financial footing, saying it only has enough money to last a few more months unless someone buys or invests in it. That’s sure to cause anxiety in content creators with their life’s work stored on SoundCloud. Now some new startups are nipping at SoundCloud’s heels by focusing on podcasting in ways the music streaming service never did.
Anchor is a… Read More
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Revolut’s $5.3 million crowdfunding campaign is oversubscribed
Fintech startup Revolut just raised a ton of money. But grabbing $66 million from respected VC firms wasn’t enough (£50 million). For the second time, Revolut asked its user base to invest in the startup. Revolut was looking for $5.3 million on Seedrs (£4 million), but 40,000 customers said that they were interested in the investment opportunity. If Revolut took all the money, it… Read More
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A disappointed Pokémon GO Fest attendee has proposed class-action lawsuit against Niantic
For many, Pokémon GO is so summer 2016. But at least 20,000 people are still die-hard fans of the game, as proven by their participation in Pokémon GO Fest in Chicago’s Grant Park last week. Unfortunately, the event was a disappointment to many attendees, who could not get data service and ended up waiting on long lines without the AR-based game to keep them entertained. And beyond… Read More
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Carwow, a UK startup that helps you buy a new car, raises $39M Series C
Carwow, a platform that helps you buy a new car, has closed $39 million in Series C funding. The round was led by new investor Vitruvian Partners, with existing investors Accel Partners and Balderton Capital also participating. At today’s exchange rate it brings total funding to approximately $62.6 million. Read More
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Startups want to change what you insure and how you insure it
In an insurer’s ideal world, there’d be a profitable policy for every conceivable risk. Click once, and you’re covered. But in the real world, insurance hasn’t kept up with the changes of recent years. The millennial generation has entered adulthood intent on completing — online — any complex transaction in a couple of minutes. But insurance policies look… Read More
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