to

Rwanda’s Not-So-Improbable Ambition To Be A Startup Hub of Africa

It’s an odd feeling to come from California, one of the world’s most prodigious economies where the infrastructure and public systems are simultaneously falling apart in plain view, and arrive in the tiny, landlocked East African country of Rwanda. The first thing you notice is how exceptionally clean the streets of Kigali appear. That’s because of a ban on non-biodegradable […]




to

Elder Care Startup Honor Makes Contractors Full-Time Workers With Equity

Honor, an Andreessen Horowitz-backed company focused on caring for seniors as Baby Boomers tip over into retirement, is making its contractor workforce into a full-time one. The care workers, called CarePros within the company, will have the potential for stock options. “I really don’t want two classes of people in our company. Everyone is in it […]




to

OpenVote launches a publishing platform, crowd-voting tool for political debate

Kim-Mai Cutler Contributor Kim-Mai Cutler is an operating partner for Initialized Capital, an early-stage venture firm and was previously a journalist covering technology, finance and policy issues at TechCrunch -- best-known for her long-form work on the Bay Area. More posts by this contributor The outlook for Bay Area startup space in 2017 OpenVote launches […]




to

Crisis, what crisis? The US needs Nato as much as ever

Quitting Europe would see Washington deliver to Beijing its most important strategic ambition




to

How to lose the technology race with China

Donald Trump’s all-guns-blazing approach is a sure way to a lose-lose break with Beijing




to

Memo to Brexiters — free trade is no vote winner

The aggregate gains are distributed unevenly — witness how well the top 1 per cent have done




to

Doctors are being asked to play God

The coronavirus pandemic is presenting hospitals with a terrible choice about whose life to save




to

Johnson can now redeem his debt to the NHS

Covid-19 and his brush with mortality present the UK prime minister with a unique chance




to

Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




to

Longtime VC Todd Chaffee of IVP says late-stage scene is now ‘M&A world’

Todd Chaffee has long been one of the most senior members of the late-stage venture firm Institutional Venture Partners. Chaffee joined IVP in 2000 after logging six years at Visa, and went on to lead rounds in numerous prominent later-stage companies, many (but not all) of which have gone public, including Coinbase, Compass, Klarna, Kayak, […]




to

Target to acquire same-day delivery tech from Deliv

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal […]




to

Workstream, a platform for deskless work, raises $10 million to serve local businesses

Deskless workers make up 80% of the global workforce, but to Desmond Lim, that job title is his entire world. Lim grew up in Singapore and saw his father wake up every morning, six days a week, at 5 a.m. to start his job as a driver. Lim and his mom, who worked as a […]




to

How will coronavirus change the world? — Parlia launches to help you find out

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]





to

CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]




to

Lucid Lane has developed a service to get patients off of pain meds and avoid addiction

Four years ago, Adnan Asar, the founder of the new addiction prevention service Lucid Lane, was enjoying a successful career working as the founding chief technology officer at Livongo Health. It was the serial senior tech executive’s most recent job after a long stint at Shutterfly and he was shepherding the company through the development […]




to

As funding slows in Boston, its early-stage market could shine

Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in […]




to

Judgment day for VW as pensioner’s Dieselgate fight goes to top court

German group’s battle to minimise financial damage from scandal hinges on test case




to

Companies ramp up orders for kit to protect workers

Manufacturers say they will struggle to provide equipment sought by business




to

Airbus to deploy smell sensors to detect explosives on passengers

System devised by neurotech start-up Koniku uses living cells




to

Toyota to reopen its UK engine plant next week

Japanese group joins other carmakers in restarting their manufacturing operations in Britain




to

Facebook to launch ‘virtual dating’ over Messenger for Facebook Dating users

Facebook will soon allow users to go on “virtual dates,” the company announced today. The social network is planning to introduce a new video calling feature that will allow users of its Facebook Dating service to connect and video call over Messenger, as an alternative to going on a real-world date. This sort of feature […]




to

Shine adds invoice insurance to its freelancer bank account

French startup Shine is adding a new option today. If you think there’s a chance that a client is not going to pay your next invoice, you can insure that invoice to avoid any bad surprise. Shine is building a challenger bank for freelancers and small companies. It lets you send and receive money in […]




to

WhatsApp eyes lending feature in India as Amazon rolls out Pay Later to tens of thousands of customers

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]




to

TikTok tops 2 billion downloads

TikTok, the widely popular video sharing app developed by one of the world’s most valued startups (ByteDance), continues to grow rapidly despite suspicion from the U.S. as more people look for ways to keep themselves entertained amid the coronavirus pandemic. The global app and its Chinese version, called Douyin, have amassed over 2 billion downloads […]




to

Biloba lets you chat with a doctor if you have questions about your children

Meet Biloba, a French startup that wants to leverage tech to make it easier to keep your children healthy. The company recently launched a new mobile app that lets you chat with a doctor whenever you want between 8 AM and 8 PM. This way, if you have questions about your kids, you can get […]




to

Smartphone shipments dropped 13% globally, and COVID-19 is to blame

We knew it was going to be bad — but not necessarily “lowest level since 2013” bad. As Apple was busy reporting its earnings, Canalys just dropped some of its own figures — and they’re not pretty. After two quarters of much-needed growing, the global smartphone market just took a big hit. And you no […]




to

Your iPhone will soon be able to tell 911 about your medical conditions and allergies

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]




to

Facebook to supply free Portals to some care home residents under NHS scheme

The U.K. government is pulling in tech firms to connect family and friends with isolated residents and patients in care via video call devices and services during the COVID-19 crisis. First to join is Facebook, which is supplying up to 2,050 of its Portal video-calling devices for free to hospitals, care homes and other settings, […]




to

Relive the heady days of crypto with the ‘Crypto Rush’ documentary

When Liliana Pertenava decided to go all-in on crypto by investing $2,000 in a mining rig in 2017, she went so far down the crypto rabbit-hole she decided to make a documentary about it. If you’re locked-down and looking for something to watch, you could do worse than sit down and watch “Crypto Rush,” which […]




to

UK’s BBI puts $12M into Startup Funding Club for early-stage startups

SFC (formerly known as Startup Funding Club – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK. SFC intends to deploy the commitment in over […]




to

The ‘Wikipedia of COVID-19’ has launched a crowdfunding drive to keep going

At the end of March, a coalition of grassroots UK tech initiatives came together to coordinate the key groups of tech industry people supporting the UK’s response to the coronavirus. The Code4Covid.org initiative came out of a milieu of other projects such as Covidmutualaid.org and Covid Tech Support, but it was the CoronavirusTechHandbook (CTH), an initiative […]




to

Templafy raises $25M Series C led by Insight partners to deal with enterprise documents

Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The company integrates with enterprise infrastructure to […]




to

How this startup built and exited to Twitter in 1,219 days

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]




to

NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




to

UK investors band together to survey Angels on their strategy during COVID-19

A number of UK entrepreneurs have banded together to survey Angels about their investment strategy. The initiative comes in the wake of the UK government’s “Future Fund” for startups, which has been criticized as being inadequate for the needs of Angel and Seed-stage startups. The group hopes the survey will give the UK early-stage investment […]




to

Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




to

How will coronavirus change the world? — Parlia launches to help you find out

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]




to

Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]





to

St. Louis-based Summersalt raises $17.3 million for its direct-to-consumer clothing line

The Midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are investing $17.3 million to establish another tent-pole clothing brand in the […]




to

Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]




to

Sycamore and L Brands call off Victoria’s Secret deal

The $525m transaction is the latest to be derailed amid the coronavirus pandemic




to

UK investors rush back into equity funds during market rally

Calastone reports record inflows throughout April after heavy redemptions in March




to

Warburg to raise stake in Chinese car rental company

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal




to

Investors row back on ethical principles, research shows

Many put a company’s economic recovery before ESG commitments in coronavirus crisis




to

Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




to

Dropping Flynn case turns Barr into Trump’s political sword

Pardoning cronies is offensive but precedented. Using DoJ to go after enemies is Nixonian




to

Can companies still afford to care about sustainability?

Will environmental and social initiatives survive Covid-19? Our specialists answered your questions




to

Warren Buffett held the wrong stocks as the music stopped

Few investors went into this crisis with a portfolio they were entirely happy with