Hedge fund Dymon Asia is getting into the venture capital game after it announced its maiden fund. Dymon Asia Ventures is focused on fintech deals and it is targeting a $50 million raise. Today, its founding partners disclosed a first close of $20 million from a range of LPs that include Thai bank Siam Commercial (SCB), which ha invested an undisclosed sum via its Digital Ventures arm.… Read More
from TechCrunch
Goldbely, the speciality food delivery service, has closed $10M in Series A funding. The round was led by Global Founders Capital and Intel Capital (who also led the company’s seed round). As part of the investment Goldbely is joining the Intel Capital Diversity Fund. Goldbely’s goal is to send you the best food from cities around the U.S, no matter where you are based. So you could… Read More
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Pinterest has made another acquisition that could point to another way that it plans to increase interaction on its visual-search-and-discovery platform: It has acquired Jelly, the startup co-founded by Twitter co-founder Biz Stone and Ben Finkel in 2014 as a “human-powered search engine” — essentially an app that let people ask questions and get crowdsourced replies from… Read More
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Google today said it is acquiring Kaggle, an online service that hosts data science and machine learning competitions, confirming what sources told us when we reported the acquisition yesterday. The company made the announcement at its Google Cloud Next conference this morning in San Francisco, while not disclosing the terms of the acquisition. But it’s not all that surprising that… Read More
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An accelerator and fund that backs innovative food and beverage companies, AccelFoods, has added $15 million to its second fund, according to founding partners Jordan Gaspar and Lauren Jupiter. AccelFoods has backed brands making products that range from edgy to adorable. Examples are Exo, which makes protein supplements and bars from crickets (yes the insects), Four Sigmatic which uses a… Read More
from TechCrunch
Amazon has quietly made one more acquisition to build out the productivity services on its cloud platform AWS. The company has acquired Do.com, a startup that had built a platform to make meetings more productive by doing things like managing notes in preparation for them, and creating reports for those who were not there, as well as organising the meetings themselves. Amazon is… Read More
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Localytics, the Boston-based mobile engagement platform, has acquired Berlin’s Tapglue, which offered mobile app developers an API and backend service to enable them to easily add social features to their apps. Terms of the deal remain undisclosed. Read More
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Norwegian startup Gobi raised $500,000 at a $15 million valuation to take on Snapchat with its “Stories” communication tool. The platform enables users to create public and private groups where users can share photos and videos that stay around for three days before vanishing into digital pixel-dust. Read More
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There can be little doubt that journalism and media is under a bit of an onslaught at the moment. The desire to deliver independent, trustworthy news runs deep, but can often be at odds with pressures from owners and advertisers. To that end, 44-year-old magazine New Internationalist is turning to its readers in a “community share offer” in a bid for sustained independence. Read More
from TechCrunch
Sources tell us that Google is acquiring Kaggle, a platform that hosts data science and machine learning competitions. Details about the transaction remain somewhat vague, but given that Google is hosting its Cloud Next conference in San Francisco this week, the official announcement could come as early as tomorrow. Reached by phone, Kaggle co-founder CEO Anthony Goldbloom declined to… Read More
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