After Magic Leap acquisition, Dacuda founder forms PXL Vision

 Swiss startup Dacuda’s 3D scanning division was acquired by Magic Leap in February, but it seems the company’s founder, Michael Born, is just getting started with computer vision. He and three others who didn’t go over to the much-hyped and intensely secretive AR company have formed a new one: PXL Vision AG, focused on real-time image classification and Read More

Uber’s financials show company is still growing, despite the drama

 Uber’s past six months have been tumultuous with lawsuits and allegations of harassment. The company doesn’t even have a CEO right now, but newly released financials suggest that most users don’t care. First reported by Axios, Uber has confirmed to us that Uber’s $8.7 billion in gross bookings were up 17 percent in the second quarter. Global trips increased 150… Read More

Ojo wants to be the electric scooter for commuters, but it’s not there yet

Commuting in a busy city like San Francisco can be annoying — between all the cars, bikes, Boosted Boards and other electric gizmos zipping and weaving through lanes. The Ojo Electric scooter, while it might help with your personal traffic woes, won’t do much to help reduce the overall annoyance commuters experience. The Ojo is designed to be an alternative mode of transportation… Read More

Does it really matter how much your startup raises?

 “How much money does it take to get a startup off the ground?” Entrepreneurs and venture capitalists are faced with this question all the time, and the only right answer — it depends — is also the least satisfying. For any particular startup to succeed, it might take a lot of outside funding or very little. It’s contingent on the business a team is trying to build. Read More

The top 7 startups from Y Combinator S’17 Demo Day 2

 Day two of YC S’17 brought us autonomous store checkout, cannabis genomics and at home fertility testing. We whittled down the strong day of pitches to just seven hot companies. These are the startups our writers and the investors we spoke with were most excited about. If you want to check out the full list of startups from day 2 you can read about them here.  Additional reporting by… Read More

GraphPath’s “Knowledge Graph as a Service” could insert AI into global corporates

 There is no shortage of AI and machine learning startups being born today. But one of the biggest opportunities remains in turning AI into some kind of platform that others can leverage, especially businesses. In recent years a new area has been developed in relation what’s know in the tech industry as knowledge graphs, a concept which been around for quite some time, especially in… Read More

Match Group tried to acquire Bumble for $450 million

 Match Group, the parent company of a variety of dating apps, offered to acquire Bumble for $450 million over the summer, according to sources close to the deal.
A source close to the company suggests that Bumble is valued at over $1 billion.
The sources independently confirm reporting from Forbes about the deal earlier this summer.
Bumble reportedly has 18 million registered users, and has… Read More

Urban farming incubator Square Roots raises $5.4M

Square Roots Square Roots isn’t your normal startup incubator. Sure, the people who participate are entrepreneurs — but instead of sitting at desks building new gadgets or smartphone apps, they’re growing food in hydroponic farms housed inside long, metal containers. Founded by executive chairman Kimbal Musk (brother of Elon Musk, and board member at SpaceX, Tesla and Chipotle) and CEO… Read More