Tusk Ventures has hailed the former general manager of Uber’s New York operations, Josh Mohrer, as its new managing director. Mohrer’s departure comes at a tough time for Uber. The company is still recovering from a series of very public missteps involving payments to drivers, sexual harassment, potential intellectual property theft, …
Read More »Naspers gobbles up another food delivery startup with $80M round for Swiggy
Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy. The global internet and entertainment conglomerate has invested in several online food ordering and delivery companies worldwide including the Brazilian …
Read More »Merlon Intelligence raises $7.65 million in seed financing to combat money laundering
Flightcaster, Prismatic and now Merlon Intelligence. Bradford Cross, founder of the venture capital firm Data Collective is a known figure in the ranks of VCs who have caught the entrepreneurship bug, abandoning what could have been a cushy lifestyle for one with considerably more volatility. His third startup, Merlon Intelligence, services banks, helping them …
Read More »Our favorite startups from Alchemist Accelerator batch 15
Founded as an enterprise alternative to accelerator stalwarts like Y Combinator, Alchemist Accelerator has managed to assemble a solid track record in its five years of operation. Going into batch 15, 159 companies have graduated from Alchemist, of which 89 have closed institutional rounds and 15 have been acquired. The …
Read More »Outreach raises $30 million pitching a tool sales teams can use to sell more and work less
Outreach, a software developer selling services that gives sales forces a needed prompt to more efficiently use their time and optimize sales, along with an organizational tool to manage their pitching process, has just raised $30 million with that very pitch. The company touts its ability to triple the volume of …
Read More »Toyota pushes into blockchain tech to enable the next generation of cars
On the same day that Ford officially ousted its chief executive in a bid to remake itself as future-focused vehicle manufacturer, Toyota announced its own steps to embrace technology’s next wave. Andwhile Ford is looking to catch up to the leaders in autonomous and electric vehicle manufacturing, Toyota (through the Toyota Research …
Read More »TechCrunch to Host a Startup Competition with Facebook in Nairobi
TechCrunch is hosting its first startup competition in Sub-Saharan Africa. We’ve wanted to bring TechCrunch to Africa for a long time, and now thanks to our sponsor Facebook, we will bring the Startup Battlefield competition, to Nairobi on October 11 this year. We’re looking for Sub-Saharan Africa’s best innovators, makers …
Read More »Google.ai aims to make state of the art AI advances accessible to everyone
On the stage of Google I/O, CEO Sundar Pichai announced Google.ai, a new initiative to democratize the benefits of the latest in machine learning research. Google.ai will serve as a center of Google’s AI efforts — including research, tools and applied AI. The new site will host research from Google and its …
Read More »Hackers claim to have looted some treasure from Disney’s ‘Magic Kingdom’
At a town hall meeting in New York earlier today, Disney chief executive Bob Iger said hackers are claiming to have stolen an undisclosed new film from Disney’s upcoming slate, according to a report in The Hollywood Reporter. Needless to say, the king of Disney’s castle is refusing to pay the …
Read More »Riminder uses deep learning to better match people to jobs
There’s absolutely nothing efficient about sorting through 30,000 resumes by hand. Recruiters spend months evaluating applicants only to have great prospective candidates get lost in the pile. On the stage of TechCrunch’s Startup Battlefield, French startup Riminder made the case for how its deep learning-powered platform could augment recruiters — helping …
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