Startups

Contract management isn’t exactly an exciting subject, but it’s a real pain point for many companies. It also lends itself to automation, thanks to recent advances in machine learning and natural language processing. It’s no surprise then, that we see renewed interest in this space and that investors are putting more money into it. Earlier
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VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs. In its earliest iteration, over four years ago, the company’s focus was less on AI and machine learning and
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Wavecell, a cloud-communications platform for companies in Southeast Asia, announced today that it has been acquired by 8×8 in a deal worth about $125 million. The acquisition will help San Jose, California-based 8×8 expand in Asia, where Wavecell already has offices in Singapore, Indonesia, the Philippines, Thailand and Hong Kong. Wavecell’s cloud API platform, which
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10x Ascend is a new firm that helps software development, cybersecurity and data science professionals negotiate for better deals. Founders Michael Solomon and Rishon Blumberg started out in talent management for the music industry (their clients still include musicians like Vanessa Carlton), then moved into representing tech freelancers with their firm 10x Management. More recently,
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Neuralink, the Elon Musk-led startup that the multi-entrepreneur founded in 2017, is working on technology that’s based around ‘threads’ which it says can be implanted in human brains with much less potential impact to the surrounding brain tissue vs. what’s currently used for today’s brain-computer interfaces. “Most people don’t realize, we can solve that with
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In a pitch during a recent meeting at Brinc’s Hong Kong headquarters, the Barcelona-based team behind Kibus Petcare was quick to point out that most millennials consider pets “a member of the family.” That sort of statement manifests itself in various ways, of course, but for many, that means preparing home cooked meals for their
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Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Private equity buyouts have become viable exit options — even for early-stage startups Full autonomy is years away, but here’s what’s
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Refraction, a new autonomous delivery robot company that came out of stealth Wednesday at TC Sessions: Mobility, sees opportunity in areas most AV startups are avoiding: regions with the worst weather. The company, founded by University of Michigan professors Matthew Johnson-Roberson and Ram Vasudevan, calls its REV-1 delivery robot the “Goldilocks of autonomous vehicles.” The
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It’s a breakup of some sort, but with no hard feelings. The team behind Paris-based VC firm Otium Venture is creating a new management company called Frst and raising a new fund. But first, let’s talk about Otium Venture. Smartbox founder Pierre-Edouard Stérin’s family office created Otium Venture and Otium Brands to manage his startup
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Scooter startup Bird is betting on the French market in a significant way. The company plans to open up its biggest European office in Paris. Eventually, Bird wants to hire 1,000 people by mid-2021, which is a meaningful number for a company that has been around for a couple of years. Paris is an important
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Frederic Moll has to be one of the most successful inventors and entrepreneurs who is not yet a household name. Moll’s successes include the 22-year-old, publicly traded Intuitive Surgical, a robotic surgical systems manufacturer now worth around $61.4 billion, and Hansen Medical, a company that developed tools to manipulate catheters. Most recently, the serial medical device
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