Tag Archives: Startup

Mathpresso, the Seoul-based edtech company behind QANDA, an AI-based learning app for K-12 students, announced today it has added Google as a new investor. Google’s undisclosed investment is not part of its Series C raised in June, the company said without providing its valuation. The additional investment event comes five months after its $50 million Series C, which brought its total funding to $105 million as of June. The company’s previous backers include… Source link

Talon Cyber Security founders Ohad Bobrov and Ofer Ben-Noon. They’ve convinced big-name investors … [+] they have the answer to the boom in browser-based cyberattacks. Talon Cyber Security Browsers are proving to be a potential Achilles’ heel in computer and smartphone security. This year has seen a record number of so-called zero-day attacks in the wild, where unpatched weaknesses in software are exploited by hackers, and Google Chrome has seen at least 12… Source link

Sept 27 (Reuters) – Phiar, a startup aiming to enhance in-car navigation systems by overlaying directions on real-time video, announced on Monday that Google’s head of Android automotive platforms joined as chief executive and State Farm Ventures led a $12 million funding round. Incoming CEO Gene Karshenboym said other new investors include mapping company Telenav, which was taken private by its co-founder in February, and SoftBank Vision Fund-backed driving analytics app developer Cambridge… Source link

Chronic absenteeism by school students is one of the many problems exacerbated by the COVID-19 pandemic. EveryDay Labs is a startup looking to boost attendance rates by 10% to 15% districtwide. The company recently announced an $8 million Series A round of financing led by female-only venture capital fund Rethink Impact. “Even before the pandemic, 1 in 6 students missed 10% or more of school days,” EveryDay Labs CEO Emily Bailard told Yahoo Finance. “Now, since the pandemic, that’s… Source link

A new startup is aiming to turn TikTok and YouTube stars into feature-length filmmakers, the latest in a broad push by platforms to invest in Internet-based content — and those who generate it.  Creator+ offers a new economic model that features a vertically integrated studio that manages the entire filmmaking process for creators — from financing and production to marketing and distribution. The startup recently raised $12 million in a funding round, and plans help content creators… Source link

When the COVID-19 pandemic shut down businesses across the country, Rubin Stack decided it was the right time to start a new one. It was an idea the independent-minded entrepreneur had been mulling over during the crisis: a functional workspace desk, called , was meant to offer a solution to modern students and work from home employees. Stack experienced how his kitchen table morphed into a multi-use zone that encapsulated a home office, dining area and video conference center — often all at… Source link

By Ben Klayman DETROIT (Reuters) -Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc , Ford Motor Co and T. Rowe Price. The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant. Reuters, citing unnamed sources, reported on Thursday that Rivian’s planned plant, dubbed “Project Tera,” will include battery cell production. “As we near the start of vehicle… Source link

(Bloomberg) — The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval. Churchill Capital Corp. IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a… Source link

Australians will soon be able to spend crypto via existing brick-and-mortar point-of-sales with the issuance of a new physical debit card, the Australian Financial Review reported Wednesday. Global payments giant Visa has approved local Australian startup CryptoSpend to begin issuing debit cards for the startup’s users. Those using the CryptoSpend app can then pay using their bitcoin and other supported crypto at retail stores and hospitality venues. Instead of needing to convert from crypto… Source link

By Sohini Podder    (Reuters) -Shares of Sprinklr Inc, which counts Microsoft Corp and Verizon Communications Inc as customers, fell nearly 9% in their U.S. stock market debut on Wednesday, valuing the software startup at about $3.7 billion.    The New York-based company, backed by private equity firm Hellman & Friedman, raised $266 million in its downsized initial public offering on Tuesday. (https://bit.ly/3gVux0R)    Shares opened at $14.60, compared with Sprinklr’s IPO price of $16… Source link