Category: Startups
Uber and Lyft plunge, erasing recent gains after promising profits
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A few weeks ago, Uber and Lyft, kicking bags of the 2019 stock market and regularly cited as examples of venture-backed excess, were back to fighting form. After encouraging Q3…
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Unitary, an EF alumnus, raises £1.3M seed for its content moderation AI
Unitary, a startup that’s developing AI to automate content moderation for “harmful content” so that humans don’t have to, has picked up £1.35 million in funding. The company is still in development mode but launched a trial of its technology in September. Led by Rocket Internet’s GFC, the seed round…
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Desperate to exit, a $10B price tag for Magic Leap is crazy
Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according to a new report from Bloomberg’s Ed Hammond. After raising over $2…
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Superpeer raises $2M to help influencers and experts make money with one-on-one video calls
Superpeer is giving YouTube creators and other experts a new way to make money. The startup announced today that it has raised $2 million in pre-seed funding led by Eniac Ventures, with participation from angel investors including Steven Schlafman, Ankur Nagpal, Julia Lipton, Patrick Finnegan, Justin De Guzman, Chris Lu,…
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Blockchain (the company) lets you borrow USD PAX against collateral
What do you do when you’re rich in cryptocurrencies but you don’t want to sell your positions? The company named Blockchain thinks it has found a solution. It lets you borrow money against cryptocurrencies held in your Blockchain wallet. As soon as you lock cryptocurrencies in your wallet, you receive…
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Alma is a Klarna-like payment startup that lets you buy now and pay later
Meet Alma, a French startup that helps you offer a new payment option for your expensive goods. Like Klarna, clients can choose to pay over 3 or 4 installments. But the comparison stops here as Klarna isn’t available in France. Alma just raised a $14.1 million (€12.5 million) funding round.…
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