A group of former employees at London taxi app Hailo has split to form its own fraud protection venture. Ravelin, headquartered in the U.K. capital, will bring payments and machine learning technology…
AltSchool raises $100m for high-tech primary schools
AltSchool, which provides a network of alternative education schools, has raised $100 million in funding led by Andreessen Horowitz and Founders Fund. Marc Zuckerberg and Priscilla Chan, Emerson Collective, First Round Capital…
The Exit Report: TellApart, iGate, Applied Predictive Technologies
Twitter is acquiring TellApart, an omnichannel digital ad platform for brands like Neiman Marcus and Warby Parker, for a reported $533 million.
Foodpanda raises another $100m
Mobile food delivery marketplace foodpanda has raised $100 million in funding led by Goldman Sachs, just months after securing $110 million. The company previously raised funds in March and has now secured…
Slovakia’s startup scene boasts flying cars and plasma drills – and so much more
Change is afoot in Slovakia. The country’s economy is enjoying a promising patch right now, with several key statistics outperforming European averages. According to the OECD, Slovakia is enjoying high GDP growth…
Circle announces $50m funding round
The digital currency company Circle has raised $50 million in a round led by Goldman Sachs and China’s IDG Capital. They were joined by all of Circle’s existing backers, including General Catalyst…
Infinidat hits $1.2bn valuation with $150m funding round
Israel-based data storage company Infinidat has raised $150 million at a post-funding valuation of $1.2 billion. The investment round was led by TPG Growth and brings the company’s total funding to $230…
Scanadu secures $35m for mobile health products
Scanadu, a health tech company building mobile medical products for consumers, has raised $35 million in Series B funding led by Fosun International and Tencent Holdings. China Broadband Capital and Iglobe Partners…
Chinese tech sector evolving amid economic turbulence
In recent years, China has achieved record breaking economic development while the state has governed which companies can and cannot operate within the country. In the technology sector, domestic firms like Alibaba,…
VSCO secures $30 million in funding
Visual Supply Co., or VSCO, which offers a photo app that lets users share and edit images, has raised $30 million in funding, Bloomberg reports. Existing investors Accel Partners and Goldcrest Investment…