Twitter leads $100M round in top Indian regional social media platform ShareChat

Is there room for another social media platform? ShareChat, a four-year-old social network in India that serves tens of million of people in regional languages, just answered that question with a $100 million financing round led by global giant Twitter . Other than Twitter, TrustBridge Partners, and existing investors Shunwei Capital, Lightspeed Venture Partners, SAIF […]

Continue Reading →

Traces AI is building a less invasive alternative to facial recognition tracking

With all of the progress we’ve seen in deep learning tech in the past few years, it seems pretty inevitable that security cameras become smarter and more capable in regards to tracking, but there are more options than we think in how we choose to pull this off. Traces AI is a new computer vision […]

Continue Reading →

Flatfair, the ‘deposit-free’ renting platform, raises $11M led by Index Ventures

Flatfair, a London-based fintech that lets landlords offer “deposit-free” renting to tenants, has raised $11 million in funding. The Series A round is led by Index Ventures, with participation from Revolt Ventures, Adevinta, Greg Marsh (founder of Onefinestay), Jeremy Helbsy (former Savills CEO) and Taavet Hinrikus (TransferWise co-founder). With the new capital, Flatfair says it […]

Continue Reading →

Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally

Obviously, not everyone owns their boat, and boat ownership is far more unique than car ownership – which makes it maybe an ideal category for peer-to-peer marketplace rentals. P2P boat rental startup Boatsetter recognized this opportunity, and is now announcing a $10 million Series A “extension” funding round to help it grow its business, with […]

Continue Reading →

Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand […]

Continue Reading →

Darren Bechtel (yes, of those Bechtels) has raised $97.5 million for his firm, Brick & Mortar Ventures

Brick & Mortar Ventures, a young, San Francisco-based venture firm that’s focused on startups innovating in or around architecture, engineering, construction, and facilities management, has closed with $97.2 million in capital commitments. The fund is interesting for numerous, beginning with its founder, Darren Bechtel, a scion of the family that built the 120-year-old, privately held […]

Continue Reading →

Lucidworks raises $100M to expand in AI-powered search-as-a-service for organizations

If the sheer amount of information that we can tap into using the internet has made the world our oyster, then the huge success of Google is a testament to how lucrative search can be in helping to light the way through that data maze. Now, in a sign of the times, a startup called Lucidworks, […]

Continue Reading →

Glow raises $2.3M to help podcasters make money

Glow is a new startup that says it wants to help podcasters build media business. That’s something co-founder and CEO Amira Valliani said she tried to do herself. After a career that included working in the Obama White House and getting an MBA from Wharton, she launched a podcast covering local elections in Cambridge, Mass., […]

Continue Reading →

This startup is helping food app delivery workers start their own damn delivery companies

Following many months of pressure, DoorDash, one of the most frequently used food delivery apps in the U.S., said late last month that it was finally changing its tipping policy to pass 100% of tips along to workers, rather than employ some of that money toward defraying its own costs. The move was a step […]

Continue Reading →

Voxel51 raises $2 million for its video-native identification of people, cars and more

Many companies and municipalities are saddled with hundreds or thousands of hours of video and limited ways to turn it into usable data. Voxel51 offers a machine learning-based option that chews through video and labels it, not just with simple image recognition but with an understanding of motions and objects over time.

Continue Reading →