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 Catherine Shu

Alibaba acquires Israeli startup Infinity Augmented Reality

Alibaba acquires Israeli startup Infinity Augmented Reality

Infinity Augmented Reality, an Israeli startup, has been acquired by Alibaba, the companies announced this weekend. The deal’s terms were not disclosed. Alibaba and InfinityAR have had a strategic partnership since 2016, when Alibaba Group led InfinityAR’s Series C. Since then, the two have collaborated on augmented reality, computer vision and artificial intelligence projects. Founded […]

 Catherine Shu

HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits

HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits

Healthcare in the United States is so complicated that even employees with good benefits might have a hard time navigating their options. HealthJoy wants to help with a health benefits platform that uses AI to answer questions. The Chicago-based startup announced today that it has raised $12.5 million in Series B funding led by U.S. […]

 Catherine Shu

Neutrino employees who once worked for a controversial surveillance tech company will leave Coinbase

Neutrino employees who once worked for a controversial surveillance tech company will leave Coinbase

Last month, Coinbase’s acquisition of blockchain analytics startup Neutrino was criticized because of the founders’ ties to a controversial surveillance technology company called Hacking Team. Today Coinbase CEO Brian Armstrong said in a blog post that employees of Neutrino who had previously worked at Hacking Team will transition out of Coinbase, instead of joining its […]

 Catherine Shu

Image recognition startup ViSenze raises $20M Series C

Image recognition startup ViSenze raises $20M Series C

ViSenze, a startup that provides visual search tools for online retailers like Rakuten and ASOS, announced today that it has raised a $20 million Series C. The round was co-led by Gobi Ventures and Sonae IM, with participation from other backers, including returning investors Rakuten and WI Harper. Founded in 2012, ViSenze has now raised […]

 Catherine Shu

On-demand telehealth company Tyto Care adds Sanford Health, Itochu and Shenzhen Capital Group as strategic investors

On-demand telehealth company Tyto Care adds Sanford Health, Itochu and Shenzhen Capital Group as strategic investors

Tyto Care, a telehealth company that enables physicians to conduct on-demand remote exams, announced today that it has added $9 million to its Series C, bringing the round’s total to $33.5 million. The new funding comes from strategic investors Sanford Health, Itochu and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was […]

 Catherine Shu

Go-Jek extends ride-hailing service to the rest of Singapore

Go-Jek extends ride-hailing service to the rest of Singapore

After a limited rollout, Go-Jek said today that it will extend its ride-hailing service to all of Singapore tomorrow while continuing its beta phase. The Indonesian-based company began offering rides in Singapore at the end of November, but only for passengers riding to and from certain areas. It introduced dynamic pricing there, which increases prices […]

 Catherine Shu

Multilingual Indian video app Roposo raises $10M from Tiger Global and Bertelsmann

Multilingual Indian video app Roposo raises $10M from Tiger Global and Bertelsmann

India has 22 official languages, which usually presents a challenge for businesses that want to scale across the entire country. Video-sharing app Roposo, however, uses that to its advantage by offering content in several different regional languages. Based in Gurgaon, Roposo announced today that it has raised a $10 million Series C from returning investors […]

 Catherine Shu

Taiwan-based travel startup AsiaYo raises $7M Series B led by Alibaba Taiwan Entrepreneurs Fund

Taiwan-based travel startup AsiaYo raises $7M Series B led by Alibaba Taiwan Entrepreneurs Fund

AsiaYo, a travel accommodation booking platform based in Taipei, Taiwan, has raised a $7 million Series B led by Alibaba Taiwan Entrepreneurs Fund, a non-profit initiative run by the Chinese e-commerce giant, and China Development Financial. Darwin Ventures and Delta Ventures also participated in the round, which brings AsiaYo’s total raised since its launch in […]

 Catherine Shu

Tiger Global and Accel lead facility management startup Facilio’s $6.4M Series A

Tiger Global and Accel lead facility management startup Facilio’s $6.4M Series A

Facilio, an IoT startup that focuses on facility management software, announced today that it has raised a $6.4 million Series A led by Tiger Global and returning investor Accel. The funding will be used to expand further in India, where Facilio has an office in Chennai, the United States, and the Middle East, as well […]

 Catherine Shu

Lime launches electric-assist bikes in its first UK city

Lime launches electric-assist bikes in its first UK city

Lime launched in the United Kingdom today, starting with a group of dockless electric-assist bikes in a Milton Keynes shopping center. The San Francisco-based startup says it plans to expand into more UK cities over the next few weeks. As in other markets, users in Milton Keynes find and unlock Lime’s bikes, which use battery-powered […]

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