March 2017

SoftBank’s self-driving bus project pulls in $4.6M to push for 2020 commercialization

By | March 24th, 2017|Technology|

 SoftBank is doubling down on its self-driving bus project in Japan. SB Drive, an entity created last year to develop autonomous vehicle technology for public transport, just got a cash windfall after Yahoo Japan led a 510 million JPY ($4.6 million) investment. Yahoo Japan, the Yahoo affiliate which is one of Japan’s most influential tech companies, provided 490 million [...]

Instacart agreed to settle a class-action lawsuit for $4.6 million

By | March 24th, 2017|Technology|

 On the heels of a $400 million round at a $3.4 billion valuation, Instacart has agreed on a $4.65 million fee to settle a class-action lawsuit around claims that the on-demand grocery delivery startup misclassified its personal shoppers as independent contractors, and also failed to reimburse them for their work expenses. There are over 31,000 Instacart shoppers [...]

Online ticket marketplace Vivid Seats is looking to sell for $1.5 billion

By | March 23rd, 2017|Technology|

 Online secondary ticket marketplace Vivid Seats is looking for a buyer and they’re hoping to fetch a price of about $1.5 billion, TechCrunch has learned. According to multiple sources, private equity firm Vista Equity Partners is working with Morgan Stanley to unload Vivid, which could net a tidy profit for the firm a little over a year after acquiring the business for [...]

Zently provides a better way for renters to connect with their landlords

By | March 23rd, 2017|Technology|

 A startup called Zently hopes to improve the process of renting a home or apartment by making it easier for renters to split bills, pay for their rent and contact their landlords when something goes wrong. And for landlords, it wants to simplify getting paid while also facilitating the process of fixing problems that renters [...]

Italy’s MotorK, a company that offers digital services to the automotive industry, raises $10M Series A

By | March 23rd, 2017|Technology|

 MotorK, an Italian company that offers a number of digital products to the automative industry, has raised $10 million in Series A funding. The round was led by 83North, with participation from Zobito, a Swedish private equity and VC firm. Read More

Athens gets a new venture fund

By | March 22nd, 2017|Technology|

 Raising money for a venture fund is almost never easy, but it’s a whole lot harder in certain places that are struggling economically, like Greece. Thankfully for the country, a new seed-stage firm has formed, called Marathon VC. Its mission, broadly: to back Greek tech entrepreneurs, regardless of where they are based. Read More

Universe, a mobile-only website builder, lets you create pages in ‘under a minute’

By | March 22nd, 2017|Technology|

 The world of companies that provide platforms for developing websites and publishing online is a crowded one, with established players like WordPress, Wix, Zoho, Weebly, Duda Mobile and Squarespace competing against newer entrants like Medium and the likes of LinkedIn. Now make way for Universe, another startup that hopes its mobile-first approach for building “light” websites… Read More

All 51 startups that debuted at Y Combinator W17 Demo Day 2

By | March 22nd, 2017|Technology|

 Over 15,000 founders from 7,200 startups applied to this batch of Y Combinator. It chose just over 100 with founders from 22 countries to go through its accelerator program. Today, the second half of those companies launched on stage, and we have breakdowns of all 51 of these businesses. Oh, and the ACLU. The 97-year [...]

Kindle for iOS finally gets the “Send to Kindle” feature, challenging Pocket and Instapaper

By | March 21st, 2017|Technology|

 Amazon has quietly rolled out the “Send to Kindle” feature to its Kindle for iOS application that allows you to save articles and documents found on the web to the app. That means your Kindle device or app can replace your preferred “read it later” application – like Pocket or Instapaper, for example – apps where [...]