Shift Technology raises another $28 million to prevent fraudulent insurance claims

 Shift Technology is raising a Series B round of $28 million from Accel and General Catalyst. Accel had already led the company’s previous round. Existing investors Elaia Partners and Iris Capital are also participating in today’s round. Read More

N26 announces plans to launch in the US by mid-2018

 European fintech startup N26 has plans to expand beyond Europe. The company’s co-founder and CEO Valentin Stalf is announcing today at the Money20/20 conference that N26 is going to launch in the U.S. around mid-2018 and has hired a handful of people who are already working in New York. Read More

Heartland startups finally strike back

 A year ago the Midwest seemed on the cusp of a renaissance. Small towns and cities from Pittsburgh to Omaha had perfected the YC model of accelerator creation and low-cost/high-impact funding. The ecosystems have cropped up everywhere there is a coffee shop or an artisanal sandwich truck and the idea of “doing a startup” vs. going to work for some corporate behemoth is a well-worn… Read More

GitHub’s scandalized ex-CEO returns with Chatterbug

 Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice talking with a real native speaker. You… Read More

Sneaker and streetwear reseller Stadium Goods just launched their first app

 Stadium Goods, the online (and brick and mortar) marketplace for highly sought after sneakers and streetwear, is launching its first app. Live today to coincide with the startup’s two year anniversary, the first iteration of the app is basically just a mobile marketplace. But Stadium Goods plans to eventually build out this functionality and take advantage of location services and… Read More

Feeling blue might lead to faster broadband

 In what could amount to a sea change in the way we transmit data over fiber optics, researchers at University College London have found a new way speed things up by changing the color of the transmitted light. “To maximise the capacity of optical fibre links, data is transmitted using different wavelengths, or colours, of light. Ideally, we’d dedicate a wavelength to each subscriber… Read More

Feather raises $3.5M to rent furniture to millennials

 The furniture rental industry is stuck in the last. Current options involve old-school companies like CORT where most of the inventory will make your apartment look like a dorm room, or a place like Rent-A-Center where you’ll almost certainly pay many times what the item is actually worth. Enter Feather, a company trying to breathe some life into the aging industry by letting… Read More

London-based on-demand delivery startup Jinn shutters

 Jinn, the London-based startup that offers a same-hour ‘shop on your behalf’ delivery app that operates quite similarly to Postmates in the U.S., has shut down, with the company in the process of going into administration. Read More