• Visa takes a strategic stake in Klarna, the finance startup out of Sweden
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     Klarna, the $2 billion+ startup out of Sweden that works with some 70,000 e-commerce sites to enable payments and provide flexible financing to make purchases, is adding one more key investor to help take its next steps into a wider range of services. Today it announced that credit card giant... Read more »
  • Flip gets $2.2 million to grow its marketplace for long-term sublets
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     For anyone who’s ever wanted to break a lease, but felt trapped by their contract, Flip has the service for you. The company, which allows users to sign over their lease agreements to new tenants legally, has just raised $2.2 million in new financing to grow its business and is looking... Read more »
  • Rumors of the demise of augmented reality developers have been greatly exaggerated
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     With the announcement of Apple’s ARKit, I’ve been bombarded with questions about what ARKit means for Augmented Reality (AR) developers, specifically ones building hard mobile AR technologies. We, along with our friends at Modsy, were even called out in a recent TechCrunch piece as being “Sherlocked” by Apple. So let me... Read more »
  • ChargePoint takes over GE charging stations
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     ChargePoint announced that it will become the exclusive operator of all of GE‘s electric charging stations, which means nearly 10,000 places to plug in will be transferred to the new company’s management. That total adds 1,800 commercial charging stations and 8,000 residential chargers to ChargePoint’s already huge network. Not that... Read more »
  • Sumo Logic lands $75 million Series F, on path to IPO
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     Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, he did admit it was the next... Read more »
  • Google fined €2.42BN for EU antitrust violations over shopping searches
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     The European Commission has fined Google a record-breaking €2.42 billion for antitrust violations pertaining to its Google’s Shopping search comparison service — in what is widely considered the most significant antitrust ruling in Europe since the 2004 Microsoft decision. Read More ... Read more »
  • Cybersecurity firm Trend Micro announces $100M startup fund
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     Security firm Trend Micro is the latest corporate to jump into the startup investment world after it unveiled a $100 million corporate fund today. It is predominantly looking at opportunities in the internet-of-things (IoT) space, but the exact scope of how it will operate is not clear. The company is headquartered... Read more »
  • Your.MD raises $10M to grow AI-driven health information service and marketplace
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     Your.MD, an AI-driven health information service delivered via a bot, has raised $10 million in new funding. Read More ... Read more »
  • Capnamic closes €115M fund for ‘digital transformation’ of Germany, counts Cisco and Axa as LPs
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     Capnamic Ventures, an early-stage venture capital firm based in Berlin and Cologne, is announcing the final closing of a new €115 million tech fund. The VC says it will invest in tech companies predominantly in the German-speaking region of Europe, with a focus on “B2B solutions, digital infrastructure, and digital... Read more »
  • Monese, the mobile current account banking app, expands to Europe
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     You wait all day for a multi-currency account and three come along at once. Give or take a month or so, that’s appears to be the case with news that Monese, the London fintech that offers a mobile banking app and current account, is adding support for Euro accounts. Read... Read more »