Trigo raises $22M for an automated grocery check out platform, similar to Amazon Go

Automated check-out systems in supermarkets, where cashiers are replaced by barcode-readers and touchscreen interfaces for taking payments, have become a commonplace fixture in many parts of the world. But today, a startup that’s building many believe will be the next generation of such systems — computer-vision-powered platforms that monitor what you take from the shelves […]

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Salesforce doubles down on verticals, launches Manufacturing and Consumer Goods Clouds

As legacy industries make the migration to cloud-based, digital solutions to run and grow their businesses, Salesforce is hoping that it will get a cut of the action when it comes to their IT investments. The CRM giant has been doubling down on building specialised solutions for individual industry verticals, and today, it is unveiling new […]

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Element AI raises $151M on a $600-700M valuation to help companies build and run AI solutions

While tech giants like Google and Amazon build and invest in a multitude of artificial intelligence applications to grow their businesses, a startup has raised a big round of funding to help those that are not technology businesses by nature also jump into the AI fray. Element AI, the very well-funded, well-connected Canadian startup that […]

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Fair acquires Canvas from Ford to expand its on-demand vehicle subscription business

Fair, the $1.2 billion startup backed by SoftBank that has built a smartphone-based car leasing platform that lets people takes cars for as little as one month, is making another acquisition in the ongoing consolidation of the short-term car rental market. It’s picking up Canvas, another platform for leasing cars, from its owner Ford Motor […]

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SmartDrive snaps up $90M for in-truck video telematics solutions for safety and fuel efficiency

Trucks and other large commercial vehicles and the biggest whales on the road today — are they also, by virtue of that size, some of the most dangerous and inefficient if they are driven badly. Today, a startup that has built a platform aimed at improving both of those areas has raised a large round […]

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The Wikimedia Foundation taps $2.5M from Craig Newmark to beef up its security

Last week, users around the world found Wikipedia down after the online, crowdsourced encyclopedia became the target of a massive, sustained DDoS attack — one that it is still actively fighting several days later (even though the site is now back up). Now, in a coincidental twist of timing, Wikipedia’s parent, the Wikimedia Foundation, is […]

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Payments giant Stripe debuts a credit card in its latest step into the financing fray

Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be launching a credit card. Now, that news is official. Today, the company is doubling down on financing with the launch […]

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Snyk grabs $70M more to detect security vulnerabilities in open source code and containers

A growing number of IT breaches has led to security becoming a critical and central aspect of how computing systems are run and maintained. Today, a startup that focuses on one specific area — developing security tools aimed at developers and the work they do — has closed a major funding round that underscores the […]

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Q-CTRL raises $15M for software that reduces error and noise in quantum computing hardware

As hardware makers continue to work on ways of making wide-scale quantum computing a reality, a startup out of Australia that is building software to help reduce noise and errors on quantum computing machines has raised a round of funding to fuel its U.S. expansion. Q-CTRL is designing firmware for computers and other machines (such […]

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Syte snaps up $21.5M for its smartphone-based visual search engine for e-commerce

Visual search has become a key component for how people discover products when buying online: if a person don’t know the exact name of what he or she wants, or what they want is not available, it can be an indispensable tool for connecting them with things they might want to buy. Now, one of […]

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