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A venture firm that invests ‘from Park City to Kansas City’ just closed its third fund

A venture firm that invests ‘from Park City to Kansas City’ just closed its...

Sometimes, in venture capital, it pays to specialize. The latest indicator is a Kansas City, Mo.-based venture firm that’s focused on seed-stage startups that are based anywhere from “Park City to Kansas City.” According to an SEC filing, it just closed on $16.4 million in capital commitments. It’s the third fund for the outfit, Royal…
Airbnb invests as Zeus corporate housing raises $55M at $205M

Airbnb invests as Zeus corporate housing raises $55M at $205M

As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living and will…
Volvo invests in autonomous vehicle operating system startup Apex.AI though its VC arm

Volvo invests in autonomous vehicle operating system startup Apex.AI though its VC arm

Volvo is making an investment in Palo Alto-based Apex.AI, a startup working on developing a robotic operating system qualified for use in production automobiles. Apex.AI, founded by automated systems engineers Jan Becker and Dejan Pangercic, raised $15.5 million in a Series A last November, and revealed that its focus is on developing an enterprise-focused version…
IKEA invests 200 million euros to speed up action to become climate positive by 2030

IKEA invests 200 million euros to speed up action to become climate positive by...

In connection with COP25, Inter IKEA Group announces the decision to invest 200 million euros to speed up the transformation to become a climate positive business. The investment will focus on two portfolios – one to transform the IKEA supply chain into using renewable energy, and one to remove carbon from the atmosphere through reforestation,…
OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

OLX Group invests up to $400M in used car marketplace Frontier Car Group at...

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it would…
New York’s ERA invests in esports org Gen.G

New York’s ERA invests in esports org Gen.G

Esports are the wild wild West right now. There’s clearly a huge potential for the industry to become incredibly lucrative, but everything from the infrastructure of competition to the overall culture isn’t quite ready for prime time. This introduces a huge opportunity for the tech world to get in on the action. We’ve seen traditional…
Porsche invests in ‘low visibility’ sensor startup TriEye

Porsche invests in ‘low visibility’ sensor startup TriEye

Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain. The strategic investment is part of a Series A financing round that has been expanded to $19 million.…
Toyota invests $600 million in Didi, with the two setting up a new joint venture for driver services

Toyota invests $600 million in Didi, with the two setting up a new joint...

Didi Chuxing announced today that it has received new investment totaling $600 million from Toyota Motor Corporation. As part of the deal, the two companies will also set up a joint venture with GAC Toyota Motor to provide vehicle-related services to drivers on Didi’s ride-sharing platform. GAC Toyota itself is a joint venture between Toyota…
Microsoft invests $1 billion in OpenAI to pursue holy grail of artificial intelligence

Microsoft invests $1 billion in OpenAI to pursue holy grail of artificial intelligence

Microsoft is investing $1 billion in OpenAI, a San Francisco-based research lab founded by Silicon Valley luminaries, including Elon Musk and Sam Altman, that’s dedicated to creating artificial general intelligence (AGI). The investment will make Microsoft the “exclusive” provider of cloud computing services to OpenAI, and the two companies will work together to develop new…
Visa invests in India-based B2B payments platform PayMate’s $25M round

Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial…

APLICATIONS

Qualcomm Announces Snapdragon 855 Plus: A Higher Bin SKU – AnandTech

Today Qualcomm is announcing a new small refresh of the Snapdragon 855 SoC: the new Snapdragon 855+. In the past Qualcomm had the habit of sometimes refreshing their flagship SoCs in the middle of their product life and give them a small performance boost, probably the most known chip fitting this pattern was the Snapdragon…

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