Today’s Deals – Element AI, a platform for companies to build AI solutions, raises $102M

 The race for artificial intelligence technology is on, and while tech giants like Google and Facebook snap up top talent to build out their own AI-powered products, a new startup has just raised a huge round of funding to help the rest of us. Element AI — a Montreal-based platform and incubator that wants to be the go-to place for any and all companies (big or small) that are building… Read More

from TechCrunch

Today’s Deals – Chan Zuckerberg Initiative pledges $5M to home down payment loans for teachers

 When housing costs too much or educators have to commute from far away, there’s rapid teacher turnover that hurts students. That’s why Mark Zuckerberg and Priscilla Chan’s philanthropy vehicle is funding home down payment assistance for roughly 60 educators and support staff at three schools near Facebook’s headquarters. The $45 billion Chan Zuckerberg Initiative is… Read More

from TechCrunch

Today’s Deals – Heresy, founded by ex-Stack Overflow Europe MD, wants to help sales teams close with better data

 Heresy, a startup co-founded by Dimitar Stanimiroff, who was previously MD Europe at Stack Overflow, is a new sales tool designed to increase collaboration between sales team members, and help them make better data-driven decisions, collectively and individually, and ultimately close more sales. Read More

from TechCrunch

Today’s Deals – Uber CEO Travis Kalanick takes leave of absence

 Amidst a tough time for Uber, CEO Travis Kalanick’s parents were in a tragic boating accident last month that took the life of his mother. Now to grieve and clear his head before enacting changes at Uber, Travis has told his team he’ll be taken a leave of absence of unspecified length. Kalanick notes that  “During this interim period, the leadership team, my directs, will… Read More

from TechCrunch

Today’s Deals – Submission management startup Submittable raises $5M

manuscript Submittable, a startup used by more than 9,000 companies to manage submissions, has raised $5 million in Series A funding.
Missoula, Montana-based Submittable was founded in 2010 with an initial focus on literary magazines that wanted help keeping track of manuscript submissions. As co-founder and CEO Michael FitzGerald put it, “We started with the poorest customers you could possibly… Read More

from TechCrunch

Today’s Deals – Intudo Ventures launches $10M fund for Indonesia’s fast-growing startup ecosystem

 Indonesia is one of Southeast Asia’s most promising startup market. Today, its ecosystem gained a new investor with the launch of Intudo Ventures’ debut fund, which has more than $10 million to invest into about 12 to 16 early-stage startups, as well as joint ventures with overseas companies that want to break into the Indonesian market. Read More

from TechCrunch

Today’s Deals – Drone Racing League raises a $20M Series B ahead of its 2nd season

 Drone Racing League has closed on $20M in Series B funding, led by U.K telecommunications company Sky, Liberty Media Corporation (which owns the Formula 1 racing brand) and Lux Capital. This new funding means that the league has now raised over $32M in three rounds. Allienz (who is also the title sponsor of DRL) and World Wrestling Entertainment also joined the round as new investors in… Read More

from TechCrunch

Today’s Deals – Time-tracking startup Timeular raises $1.1M to help you work smarter

 Timeular, the Austrian startup behind the neat Zei time-tracking device that we wrote about last year, has raised €1 million ($1.1 million) in funding to develop new productivity coaching tools to help you work smarter. The company is best known for the Zei, its eight-sided device that is Bluetooth-enabled and acts as a timer. You simply program each side to a different task and tip it… Read More

from TechCrunch

Today’s Deals – Here’s what the top accelerators in North America are funding

 The top startup accelerators have a history of seeing the future in ideas that sounded silly at the time. After all, who would have foreseen billion-dollar businesses based on renting your air mattress to strangers, or shopping for their groceries? So when prestigious accelerators invest around common themes, it’s worth taking note of what’s resonating. Read More

from TechCrunch

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