Month: November 2018

Atomico, the London-based venture capital firm co-founded by Skype founder Niklas Zennström, has launched a new program to find, mentor and back the next generation of angel investors across various hubs in the European tech startup ecosystem. Dubbed the Atomico Angel Programme, and unveiled on stage at TechCrunch Disrupt Berlin just moments ago, the new
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Germany’s competition regulator (Bundeskartellamt) is opening an investigation against Amazon . In particular, the regulator is going to look at the relationship between Amazon and third-party sellers on the platform. “Its double role as the largest retailer and largest marketplace has the potential to hinder other sellers on its platform,” Bundeskartellamt president Andreas Mundt wrote
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Meet Spin Analytics, a startup that wants to leverage artificial intelligence to automatically write credit risk modeling regulation reports. The company is participating in Startup Battlefield at TechCrunch Disrupt Berlin. If you work for a big bank, you know how painful it can be to launch a new product. Every time you start selling a
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For $799 you can start mining cryptocurrencies in your home, a feat that previously either required a massive box costing thousands of dollars or, if you didn’t actually want to make any money, a Raspberry Pi. The Coinmine One, created by Farbood Nivi, soundly hits the sweet spot between actual mining and experimentation. The box
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Startup entrepreneurs have a crucial role to play in building a more agile response to the global refugee crisis and also helping to change the narrative around displaced people, TechCrunch Disrupt Berlin has heard. Speaking during a panel discussing how technology can support refugees to integrate and rebuild their lives, Aline Sara, CEO of NaTakallam
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Fintech startup Revolut has been teasing Asian market expansions for more than a year, but it sounds like it might finally happen. The company has secured licenses to operate in Singapore and Japan. It now expects to launch its service in Q1 2019. In Singapore, the company was granted a Remittance License by the Monetary
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It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant Yamaha, Axan Partners and IT-Farm. The deal takes Drivezy, which was formerly known as JustRide, to $31 million raised to date. In addition,
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Amazon today announced AWS DeepRacer, a fully autonomous 1/18th-scale race car that aims to help developers learn machine learning. Priced at $399 but currently offered for $249, the race car lets developers get hands-on — literally — with a machine learning technique called reinforcement learning (RL). RL takes a different approach to training models than
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One of the challenges just about every business faces is converting forms to a useful digital format. This has typically involved using human data entry clerks to enter the data into the computer. State of the art involved using OCR to read forms automatically, but AWS CEO Andy Jassy explained that OCR is basically just a
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It was only a year ago that AWS CEO Andy Jassy said that he wasn’t all that interested in blockchain services. Clearly something has changed over the course of the last year because today, the company is launching two new blockchain services: Quantum Ledger Database and Amazon Managed Blockchain. As the name implies, AWS Managed
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One of the year’s largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million. The bulk of the deal comes via a previously announced investment from Tencent which, alongside PE firm KKR, agreed to invest $175 million. Added to that, Voyager has pulled in a further $40 million from International Finance
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Earlier this year, Rebecca Liebman impressed a panel of high-profile investors, including Ashton Kutcher and Salesforce chief executive Marc Benioff, at a SXSW pitch competition. She won and Benioff wrote her a check for $200,000 on the spot. Today, she’s announcing that her educational fintech startup LearnLux has closed a $2 million seed round from Kutcher’s
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Second Home, the “creative workspace” company co-founded by Rohan Silva, a policy advisor for then British Prime Minister David Cameron, is closing in on a new funding round, TechCrunch has learned. According to sources, the London startup has secured £20 million in investment from Boston-based investor Gerald Chan, who owns Hang Lung Group with his
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Today at AWS Re:invent in Las Vegas, AWS announced a new service for satellite providers with the launch of AWS Ground Station, the first fully-managed ground station as a service. With this new service, AWS will provide ground antennas through their existing network of worldwide availability zones, and data processing services to simplify the entire
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