SME lender Validus Capital raises $15M for expansion in Southeast Asia

SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus Capital, which today announced a SG$20.5 million (US$15.2 million) Series B that’ll go towards regional expansion. Founded in …

Wireless broadband startup Starry files to raise up to $125 million

The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered …

eFounders backs Yousign to build a European eSignature company

French startup Yousign is partnering with startup studio eFounders. While eFounders usually builds software-as-a-service startups from scratch, the company is trying something new with this partnership. eFounders wants to create all the tools you need to make your work more efficient. The startup studio is behind many respectable SaaS successes, …

Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing …

Nearly half of employees worldwide could do their jobs in 5 hours or fewer each day

According to a global survey of nearly 3,000 employees across eight countries conducted by The Workforce Institute at Kronos Incorporated, nearly half (45 percent) of full-time workers say it should take less than five hours each day to do their job if they worked uninterrupted, while three out of four …

Tencent replaces hit mobile game PUBG with a Chinese government-friendly alternative

China’s new rules on video games, introduced last month, are having an effect on the country’s gamers. Today, Tencent replaced hugely popular battle royale shooter game PUBG with a more government-friendly alternative that seems primed to pull in significant revenue. The company introduced ‘Game for Peace’ in a Weibo post …

10 New Year’s marketing strategies for your health and fitness business

New Year’s Day and the months that follow are the busiest and most lucrative time of the year for most health and fitness businesses — from gyms to health supplement distributors. Do you have your New Year’s marketing strategy in place yet? Need to be convinced? Roughly 21 percent of …

Southeast Asia’s Carousell snags investment from Naspers-owned OLX

It’s taken some time to come around, but Naspers — the early Tencent investor that’s also behind the world’s top listings service — finally has a piece of Southeast Asia’s Carousell. TechCrunch broke news of talks between the two sides last year, and today Tech In Asia reported that Naspers-owned …

Hunters.ai raises $5.4M for its autonomous threat hunting solution

Hunters.ai, a Tel Aviv-based startup that built an AI-based threat hunting solution, today announced that it has raised a $5.4 million seed funding round led by YL Ventures and Blumberg Capital. Threat hunting has traditionally been a rather manual practice, where analysts try to actively identify potential threats to their …

These startups are locating in SF and Africa to win in global fintech

To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in Africa to tap the best of both worlds in VC, …

Microsoft gives 500 patents to startups

Microsoft today announced a major expansion of its Azure IP Advantage program, which provides its Azure users with protection against patent trolls. This program now also provides customers who are building IoT solutions that connect to Azure with access to 10,000 patents to defend themselves against intellectual property lawsuits. What’s …

The International Space Station’s new robot is a freaky floating space Alexa

Meet Cimon. The 3D-printed floating robot head was developed by Airbus for the German Space Agency. He’s been a crew member of the International Space Station since June, though as Gizmodo notes, this is the first time we’re seeing him in action. Really the floating, Watson-powered robot face is like …

EyeSight scores $15M to use computer vision to combat driver distraction

The idea of using computer vision and AI to enable cars to drive themselves is well-established, but how about using similar technology to keep an eye on a human driver instead of the road? That’s the thinking behind Tel Aviv-based EyeSight, which has developed an in-car “AI vision” system that …

Distru, a maker of supply chain software for the cannabis industry, has raised $3 million led by Felicis

Distru, a nearly three-year-old, Oakland-based startup whose platform aims to help track cannabis through its seed-to-sale process, has raised $3 million in seed funding led by Felicis Ventures, with participation from Village Global, Global Founders Capital, and numerous notable angel investors, including Elad Gil, Katie Stanton, and Avichal Garg. The …