Tag: Innovation

(Innovation/Technology) Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service (TechCrunch)

Ingrid Lunden As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities...

(Innovation/Technology) Indian fantasy sports app Dream11’s parent firm raises $400 million (TechCrunch)

Manish Singh Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as the Mumbai-headquartered firm...

(Innovation/Technology) Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth (TechCrunch)

Mary Ann Azevedo Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. https://techcrunch.com/2021/03/24/neighbor-raises-53m-series-b-for-self-storage-marketplace-after-5x-revenue-growth/

(Innovation/Technology) Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud (TechCrunch)

Ingrid Lunden On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another...

(Innovation/Technology) Nigerian fintech of the unbanked Bankly raises $2M led by Vault (TechCrunch)

Tage Kene-Okafor Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. https://techcrunch.com/2021/03/24/nigerian-fintech-of-the-unbanked-bankly-raises-2m-led-by-vault-and-flutterwave/

(Innovation/Technology) Indonesian social commerce app KitaBeli gets $10M led by Go Ventures (TechCrunch)

Catherine Shu KitaBeli, an Indonesian social commerce app for group buying, announced today it has raised a $10 million Series A. https://techcrunch.com/2021/03/24/indonesian-social-commerce-app-kitabeli-gets-10m-led-by-go-ventures/

(Innovation/Technology) Lime launches app-less rides and no fee reservations to get more people riding (TechCrunch)

Rebecca Bellan Lime is rolling out several new features, including the ability to rent electric scooters without downloading the app, in an effort to attract...

(Innovation/Technology) Indian social network Public App raises $41 million (TechCrunch)

Manish Singh Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just...

(Innovation/Technology) Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B (TechCrunch)

Catherine Shu Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation...

(Innovation/Technology) ‘You can now buy a Tesla with Bitcoin’: Company’s ‘Technoking’ (Al Jazeera)

The electric carmaker said last month it had bought $1.5bn of Bitcoin, sending the price of the cryptocurrency soaring. https://www.aljazeera.com/economy/2021/3/24/you-can-now-buy-a-tesla-with-bitcoin-companys-technoking

(Innovation/Technology) In $20bn push, Intel hopes to make US chip-making great again (Al Jazeera)

Intel plans to build two factories in Arizona in challenge to Taiwanese, South Korean advanced chip-making giants. https://www.aljazeera.com/economy/2021/3/24/in-20bn-push-intel-hopes-to-make-us-chip-making-great-again

(Innovation/Technology) 6 data policy issues experts are tracking right now (WEF)

Evîn Cheikosman Responsible data practices must minimize negative impacts https://www.weforum.org/agenda/2021/03/6-key-issues-that-are-trending-in-data-policy-right-now/

(Innovation/Technology) Risk perception, tort liability, and emerging technologies (Brookings)

Alberto Galasso and Hong Luo Artificial intelligence, the Internet of Things, and robotic technologies bear great promise for improving our lives through safer products and new medical...

(Innovation/Technology) Insuretech startup Counterpart raises $10M in funding round led by Valor Equity Partners (TechCrunch)

Mike Butcher Insuretech startup Counterpart, has raised $10 million in funding led by Valor Equity Partners. https://techcrunch.com/2021/03/23/insuretech-startup-counterpart-raises-10m-in-funding-round-led-by-valor-equity-partners/

(Innovation/Technology) Jumio raises $150M as its all-in-one ID authentication platform crosses 300M verified identities (TechCrunch)

Ingrid Lunden Digital identity services — used as a key link between organizations to verify that you are who you say you are online and...

(Innovation/Technology) Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia (TechCrunch)

Catherine Shu According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. https://techcrunch.com/2021/03/23/jeff-raises-1m-to-build-alternative-credit-scoring-and-other-fintech-products-for-southeast-asia/