One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cashback offers through partner merchants across seven countries in Southeast Asia… Read More
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Computer vision and clever imaging technology remain hot areas in consumer and enterprise apps, and today Microsoft is picking up a startup called Swng Technologies to give it some IP and talent in this department.
Swng Technologies had developed a cinemagraph app called Swng (originally called Polaroid Swing) that lets you take impressionistic, GIF-like short videos that you can then… Read More
from TechCrunch
Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, continues to be on a roll, both in terms of user numbers and now a significant new funding round. Read More
from TechCrunch
Bootstrapping Barcelona-based visual commerce startup Photoslurp has taken its first external funding: Announcing €750,000 (~$870k) in pre-Series A financing, led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. Read More
from TechCrunch
Ink, a Nebraska-based startup focused on revamping on-campus printing, has raised $7M from VTF Capital, SQN Venture Partners, Invest Nebraska and NE Angeles. This brings total funding to $15M, with previous participation from advisors Tony Hsieh of Zappos and Greg Silverman of Warner Brothers. If you’re a college student or recent graduate, you already understand exactly how frustrating… Read More
from TechCrunch
Following rumors over the weekend, chipmaker Broadcom has today confirmed it has approached wireless chipmaker Qualcomm with an acquisition offer that values the company at $130BN (including $25BN of net debt). Read More
from TechCrunch
What do you do when you want to create a software-as-a-service startup but it feels like everything has been built already? You build a product that helps existing SaaS startups. That’s what ChartMogul is currently doing with its subscription analytics platform.
The company just raised $2.2 million from Alven Capital, with existing investors Point Nine Capital and angel investors also… Read More
from TechCrunch
There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million.
Founded three years ago, Kaodim is a service for booking for hiring a range of services that include cleaning, moving, gas delivery, appliance care, and even photography.
The round was led by Square Peg… Read More
from TechCrunch
Tech IPOs have been picking up lately and one lesser-known semiconductor company, Aquantia, made its debut on the New York Stock Exchange today. The company raised $61 million in its offering, after pricing shares at $9.00. It closed the day of trading at $9.51. Aquantia describes itself as “a leader in the design, development and marketing of advanced high-speed communications… Read More
from TechCrunch
Niantic, the company behind the hit mobile game Pokémon Go and its predecessor, Ingress, announced today it has acquired the team from the startup Evertoon to help it further build out its mobile products. Deal terms were not disclosed, but from how it’s described, the move seems to be more of an acqui-hire focused on gaining access to talent, rather than Evertoon’s IP. Launched… Read More
from TechCrunch