Startups
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SkyX drones are half-helicopter, half-plane and built to fly long distances
A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More
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Identity management software provider Okta seeks to raise $187M with IPO pricing
Okta is setting an increasingly ambitious target for its IPO, now officially pricing it at $17 per share set for its debut tomorrow — and looking to raise as much as $187 million in the hopes that it can capitalize on the newly open IPO window. Triptease, a London startup that helps hotels increase direct sales, closes $9M Series B
London-based Triptease, a startup that offers a SaaS to help hotels increase direct sales and therefore keep more revenue, has closed a $9 million Series B. The new round was led by BGF Ventures, with participation from existing investors Notion Capital and Episode 1 Ventures. Read More
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ffVC and NYU are mixing researchers with investors in the name of machine intelligence
The timing was perfect. Just as startups were settling into NYU and ffVC’s new brains-meet-money accelerator, “AI Nexus Lab,” Uber acquired Geometric Intelligence. In a stroke of luck, the startup that would become Uber’s AI lab happened to have been raised by NYU Tandon’s Data Future Labs. Uber’s interest in Geometric helped solidify New… Read More
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Sharethebus becomes Bus.com and raises $5M for event shuttle management
It’s actually a pretty great URL: Bus.com. It’s also a much better brand identity than Sharethebus, which is the old name of the company that just raised a $5 million Series A round from Jackson Square Ventures and BMW’s i Ventures investment arm. Bus.com is the destination you’d expect to head to for what the company does, which is organize charter bus trips for… Read More
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Monzo, a UK digital-only challenger bank, granted full banking license
Monzo, one of a number of so-called “challenger” banks in the U.K. aiming to re-invent the current account, has had the “restrictions” on its banking license lifted and says it will begin rolling out full current accounts to its pre-paid card and beta app users. The company behind Adblock Plus is acquiring micropayment service Flattr
Eyeo, the parent company behind AdBlock Plus, announced this morning that it has acquired Flattr. The two companies were already working together on a project initially called Flattr Plus, where users can allocate a monthly payment to online publishers. The money is then distributed based on users’ engagement with different sites and articles. This sounded pretty similar to what Flattr… Read More
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BNP Paribas acquires Compte Nickel
French fintech startup Compte Nickel was acquired by French bank BNP Paribas yesterday. I couldn’t nail down the price but I’ve heard that it was quite significant. Compte Nickel was one of the leading fintech startups in France. You can open the equivalent of a current bank account in thousands of tobacco shops in just a few minutes. Compte Nickel gives you an IBAN and a… Read More
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SeedLegals’ automation aims to replace lawyers in startup funding rounds
Gradually, certain aspects of the law are going to be done better by software companies than law firms. And that applies particularly to contracts. SeedLegals claims to be the first legal automation platform to fully manage startup funding rounds. Time Inc. is launching its own influencer marketing network with help from Speakr
Time Inc. is getting into the influencer marketing business in a bigger way, with a new offering called Time Inc. Connect. This influencer network will be “powered by” startup Speakr; this means Time Inc. Connect will combine Speakr’s technology with a unique pool of influencers. Read More
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