Friday, November 22, 2019
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Samasource raises $14.8M for global AI data biz driven from Africa

Samasource raises $14.8M for global AI data biz driven from Africa

AI training data provider Samasource has raised a $14.8 million Series A funding round led by Ridge Ventures. The San Francisco headquartered company delivers Fortune 100 companies with the inputs they need for machine learning development in fields including autonomous transportation, e-commerce and robotics. And it does so with a global work-force of data-specialists, a…
Starburst raises $22M to modernize data analytics with Presto

Starburst raises $22M to modernize data analytics with Presto

Starburst, the company that’s looking to monetize the open-source Presto distributed query engine, today announced that it has raised a $22 million funding round led by Index Ventures, with the firm’s partner Mike Volpi joining the board. The general idea behind Presto is to allow anybody to use the standard SQL query language to run…
Remrise raises $8.2M to deliver tailored, plant-based sleep solutions

Remrise raises $8.2M to deliver tailored, plant-based sleep solutions

Sleep is big business. Casper, Leesa and a dozen other mattress companies have driven the point home in recent years. It’s something we all want, but none of us are getting enough of. In 2017, sleep aids generated $69.5 billion, globally. By 2023, that number is expected to blow past $101 billion. Remrise is the…
Lucence raises $20 million Series A for its non-invasive cancer screening technology

Lucence raises $20 million Series A for its non-invasive cancer screening technology

Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world’s largest integrated private healthcare groups. Other participants included SGInnovate and returning investors Heliconia Capital (a subsidiary of Temasek Holdings), Lim Kaling and Koh…
Clumio raises $135M Series C for its backup as a service platform

Clumio raises $135M Series C for its backup as a service platform

Clumio, a 100-people startup that offers a SaaS-like service for enterprise backup, today announced that it has raised a $135 million Series C round, led by existing investor Sutter Hill Ventures and new investor Altimeter Captial. The announcement comes shortly after the company’s disclosure in August that it had quietly raised a total of $51…
BlueVine raises $102.5M more for banking services that target small businesses

BlueVine raises $102.5M more for banking services that target small businesses

When it comes to fintech plays, small and medium businesses are not often the target audience: they’re too small and fragmented compared to big-spending corporates; and they’re too demanding compared to mass-market consumer users. But as a sector, they account for over 99% of all businesses in developed countries like the UK and USA, and that…
Perlego raises $9M Series A for its textbook subscription service

Perlego raises $9M Series A for its textbook subscription service

Perlego, the textbook subscription service, has raised $9 million in Series A funding. Backing the round is Charlie Songhurst, Dedicated VC, and Thomas Leysen (Chairman of Mediahuis and Umicore). Perlego’s existing investors including ADV, Simon Franks and Alex Chesterman also reinvested on a pro-rata basis. London-based Perlego says the additional funding will be used to…
Luko raises $22 million to improve home insurance – TechCrunch

Luko raises $22 million to improve home insurance – TechCrunch

French startup Luko has raised a $22 million Series A round led by Accel (€20 million). Founders Fund and Speedinvest are also participating in today’s funding round. When you rent a place in France, you have to provide a certificate to your landlord saying that you are covered with a home insurance product. And, of…
Luko raises $22 million to improve home insurance

Luko raises $22 million to improve home insurance

French startup Luko has raised a $22 million Series A round led by Accel (€20 million). Founders Fund and Speedinvest are also participating in today’s funding round. When you rent a place in France, you have to provide a certificate to your landlord saying that you are covered with a home insurance product. And, of…
SmartNews raises $92M at a $1.2B valuation

SmartNews raises $92M at a $1.2B valuation

Looks like there’s still money to be made in news aggregation — at least according to the investors backing the news app SmartNews. The company is announcing the close of a $92 million round of funding at a valuation of $1.2 billion. The funding was led by Japan Post Capital Co. and ACA Investments, with…

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Remember the Uber self-driving car that killed a woman crossing the...

The self-driving Uber car that hit and killed a woman walking her bike across a street wasn’t designed to detect “jaywalking pedestrians.” That's according to an official dossier published by the US National Safety Transportation Board (NTSB) on Tuesday. The March 2018 accident was the first recorded death by a fully autonomous vehicle. On-board video…

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