Tag: Startups

Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

Jeff Farrah Contributor More posts by this contributor Another day, another US company forced to divest of Chinese investors US rule changes could mean more startups would need government approval to hire immigrants Bipartisanship has long been out of fashion, but one common pursuit among Democrats and Republicans in Washington…

Read More

Startup studio eFounders reaches portfolio valuation of $2 billion

European startup studio eFounders has now been around for 10 years. And because a birthday sounds like a good opportunity to share some metrics, the portfolio companies have reached a valuation of $2 billion together — only 18 months after reaching $1 billion. eFounders says it is focused on building the…

Read More

Otter.ai’s new assistant can automatically transcribe your Zoom meetings

A.I.-powered voice transcription service Otter.ai wants to make it even easier for its business users to record their meetings. The company is today introducing a new feature, Otter Assistant, which can automatically join the Zoom meetings on your calendar, transcribe the conversations, and share the notes with other participants. Though…

Read More

UTEC, one of Asia’s largest deep-tech investment firms, launches new $275M fund

The University of Tokyo Edge Capital Partners (UTEC), a deep-tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC currently has about $780 million in total assets under management, and says this…

Read More

Financing for students startup StudentFinance raises $5.3M seed from Giant and Armilar

Fintech startup StudentFinance — which allows educational institutions to offer success-based financing for students — has raised a $5.3 million (€4.5 million) seed round co-led by Giant Ventures and Armilar Venture Partners. It’s now raised $6.6 million total, to date. StudentFinance launched in Spain first, followed by Germany and Finland,…

Read More

Fantasy fantasy sport Blaseball developers score $3M seed funding to go mobile

In the absence of a real baseball league, it is perhaps not surprising that a simulated one should grow popular during the troubled year 2020. But even so, the absurdist horror and minimalist aesthetic of Blaseball seem an unlikely success. The text-based fantasy fantasy league has attracted hundreds of thousands…

Read More