Just a week after we reported that Fair was acquiring the leasing portfolio of Xchange Leasing from Uber, the flexible car-ownership startup is making two more moves. Today, the company confirmed that it has raised another round of funding led by next47, the VC firm backed by Siemens; and it has made another acquisition, of Los Angeles-based Skurt, a service that lets you rent a car, and… Read More
from TechCrunch
Bay Area startup Safe Catch Tuna has developed a patented technology to detect mercury levels in a variety of fish and pledges that its own brand of tuna products have the lowest levels of any brand.
The company is one of those overnight successes more than a decade in the making. Co-founder Sean Wittenberg started the company in 2004 after his own mom was diagnosed with mercury poisoning. Read More
from TechCrunch
It takes an immense amount of processing power to create and operate the “AI” features we all use so often, from playlist generation to voice recognition. Lightmatter is a startup that is looking to change the way all that computation is done — and not in a small way. The company makes photonic chips that essentially perform calculations at the speed of light, leaving… Read More
from TechCrunch
Zebra Fuel, a London-based startup that wants to eliminate the inner city gas station by delivering fuel directly to your vehicle, has raised $2.5 million in seed funding.
The round is led by Robin and Saul Klein’s LocalGlobe, with participation from Brent Hoberman’s Firstminute Capital, and Alex Chesterman, the Zoopla founder and one of the U.K.’s most active angel investors. Read More
from TechCrunch
Ampere, a new chip company run by former Intel president Renee James, came of stealth today with a brand-new highly efficient Arm-based server chip targeted at hyperscale data centers. The company’s first chip is a custom core Armv8-A 64-bit server operating at up to 3.3 GHz with 1TB of memory at a power envelope of 125 watts. Although James was not ready to share pricing, she promised… Read More
from TechCrunch
Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. Read More
from TechCrunch
Penta, the German ‘challenger’ bank that offers a digital bank account targeting SMEs, has raised €2.2 million in funding. The seed round is led by Inception Venture Capital, a new London-based VC firm with a heavy fintech focus, and will be used for further hiring, product development and to fuel growth. Read More
from TechCrunch
Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Here, we break down the leading locations for new and existing unicorns, top sectors for investment capital, exits and a few other trends affecting the space. Read More
from TechCrunch
Bustle, the everything blog for millennial women, is hustling to close on around $30 million in new funding as it goes on the prowl for new acquisitions. It’s a significant cash infusion for a company that has created a mini, millennial-focused media empire that reaches nearly 80 million unique monthly visitors across its sites. Read More
from TechCrunch
Tamatem, a startup backed by 500 Startups that creates localised versions of popular games so that they resonate better with users in Arabic speaking countries, has picked up $2.5 million in Series A funding. The round is led by Wamda Capital, with participation from Discovery Nusantara Capital, Raed Ventures, Vision Venture Capital, and Seed Equity Venture Partners. Read More
from TechCrunch