Today’s Deals – Mojio raises another $7 million for its connected car platform

motion__the_connected_car_app_by_mojio Vancouver, Canada-based Mojio started out as a connected car gadget and platform that wasn’t unlike Automatic and similar services. That approach didn’t really work out for the company, though, and in late 2015 Mojio pivoted from targeting consumers to going after the B2B2C market with a focus on its platform play.
In the process, the company’s founder and CEO Jay Giraud… Read More

from TechCrunch

Today’s Deals – Numer.ai is a crowdsourced hedge fund for machine learning experts

robot, technology, future, futuristic, business, economy, business, money, dollar, bill, high tech, cyber, cyber technology, data, artificial intelligence, 3D, metal, blue background, studio, science, sci fi, hand, gesture, robotic, tech, illustration, innovation, shiny, chrome, silver, wires, concept, creative Richard Craib believes that some of the best stock pickers aren’t on Wall Street. The former hedge funder came to the realization that tech’s machine learning experts may be able to build better predictive models than those with finance backgrounds. Craib carried this thesis forward when he launched Numer.ai last year, a crowdsourced hedge fund. The startup hopes to attract the… Read More

from TechCrunch

Today’s Deals – Delivery Hero acquires foodpanda as Rocket Internet shuffles online takeout pack once again

Delivery Hero Rocket Internet has shuffled the online takeout pack of cards once again. This time the publicly-listed German ‘startup factory’ and investor is selling foodpanda to its much larger rival Delivery Hero, of which it also holds a significant stake. A move that should help fatten up Delivery Hero a little more for a long-rumoured planned IPO of its own. Terms of the acquisition… Read More

from TechCrunch

Today’s Deals – SIXA secures $3.5M as it launches its cloud computer for developers

screen-shot-2016-12-09-at-9-26-06-am The promises of the cloud era have been many, but when it comes to hardware, most people have preferred to keep their personal PCs on-hand or on-location. SIXA is aiming to free the PC and move computing to the cloud with its low-latency virtual machines geared toward developers. The recent Y Combinator grad just closed a $3.5 million round of seed funding led by Tandem Capital. More than… Read More

from TechCrunch

Today’s Deals – Podotree, Korean chat app Kakao’s content business, raises $107M at a $428M valuation

Korean won Kakao, the Korean mobile and web giant, is beefing up its social media and content businesses after its Podotree affiliate raised 125 billion won (around $107 million). The deal values it at 500 billion won, Kakao confirmed — that’s approximately $428 million. Read More

from TechCrunch

Today’s Deals – Vesper grabs $15M to build a durable low-power mic that listens forever

vm1010-poc-board-2-1024x654 As digital assistants like Siri and Alexa become more intelligent, there’s a growing need for them to always be accessible. Current microphone tech has been too power-hungry to keep permanently enabled. As a result, a new class of products, home assistants, like Amazon’s Alexa-enabled products and Google Home, have arisen as power-connected alternatives. Vesper is aiming to… Read More

from TechCrunch

Today’s Deals – Sean Rad steps away from CEO role (again) to run Tinder’s new Swipe Ventures

sean-rad2 Today, Tinder is launching a new M&A branch of the company called Swipe Ventures, which will be led by Sean Rad.
As part of the launch, Rad will step down as Tinder CEO and become Chairman of both Tinder and Swipe Ventures, with Match CEO and Chairman Greg Blatt swapping out as Tinder Chairman to become Tinder CEO. He will remain Chairman and CEO of Tinder parent company Match.
Put more… Read More

from TechCrunch

Today’s Deals – Vida Health, the app that pairs patients with health coaches, nabs $18 million more from investors

screen-shot-2016-12-08-at-10-27-31-am Vida Health, a two-year-old, Palo Alto, Ca.-based subscription-based app that pairs patients with health coaches, has raised $18 million in Series B funding led by Canvas Ventures, with participation from Nokia Growth and earlier backers Aspect Ventures and Khosla Ventures.
What’s everyone investing in, exactly? Well, a big market for starters. The Centers for Disease Control and… Read More

from TechCrunch

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