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Technology

 Steve OHear

Flexciton is using AI to help factories optimise production lines

Flexciton is using AI to help factories optimise production lines

Flexciton, the London-based startup that is using AI to help factories optimise production lines, has raised £2.5 million in funding, in a round led by Backed VC. Also participating is Join Capital and company builder Entrepreneur First. The young company pitched at EF’s 6th London demo day in 2016. Riding the so-called “Industry 4.0” wave, […]

 Alex Wilhelm

The AI market is growing, but how quickly is tough to pin down

The AI market is growing, but how quickly is tough to pin down

Holden Page Contributor Share on Twitter Holden Page is an editor and journalist at Crunchbase News. More posts by this contributor Furniture startups skip the showroom and go straight to your door If you work in tech, you’ve heard about artificial intelligence: how it’s going to replace us, whether it’s over-hyped or not and which nations will leverage […]

 Alex Wilhelm

Following a record year, Illinois startups kick off 2019 on a strong foot

Following a record year, Illinois startups kick off 2019 on a strong foot

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Global VC market sees highest-ever concentration of supergiant dollar volume in Q4 2018 SoftBank’s Vision Fund inches closer to $100B Illinois’s startup market in 2018 was very strong, and it’s not slowing down as we […]

 Kate Clark

Startups Weekly: Squad’s screen-shares and Slack’s swastika

Startups Weekly: Squad’s screen-shares and Slack’s swastika

We’re three weeks into January. We’ve recovered from our CES hangover and, hopefully, from the CES flu. We’ve started writing the correct year, 2019, not 2018. Venture capitalists have gone full steam ahead with fundraising efforts, several startups have closed multi-hundred million dollar rounds, a virtual influencer raised equity funding and yet, all anyone wants to talk […]

 Connie Loizos

FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone

FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone

Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons — from nearly the day it launched, to its near merger with rival DraftKings, to its […]

 Kirsten Korosec

Sony venture arm invests in geocoding startup what3words

Sony venture arm invests in geocoding startup what3words

Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has […]

 Romain Dillet

Whyd now helps companies create their custom voice assistant

Whyd now helps companies create their custom voice assistant

Y Combinator-backed startup Whyd is pivoting from hardware to software. The startup had been working on a connected speaker with a voice-control interface specifically designed for music. But a couple of years later, it’s clear that subsidized voice assistant devices from Google and Amazon have taken over the market. Whyd is only keeping its own […]

 Steve OHear

SimplyCook dishes up £4.5M Series A for its subscription-based flavourings and recipe service

SimplyCook dishes up £4.5M Series A for its subscription-based flavourings and recipe service

SimplyCook, the recipe kit service that focuses on flavour ingredients, has closed £4.5 million in Series A funding. The round is led by Octopus Investments. Unlike other recipe or meal kits, such as HelloFresh, Gousto and Marley Spoon, U.K.-based SimplyCook doesn’t send all of the fresh ingredients required to turn its recipes into food on […]

 Steve OHear

Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

Flash, the stealthy mobility startup from Delivery Hero and Team Europe founder Lukasz Gadowski, is de-cloaking today, with news that the Berlin-based company has raised a whopping €55 million in Series A funding. Despite rumours that multiple VC firms would be involved, the bulk of the new funding comes from Target Global via its mobility […]

 Connie Loizos

A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

Bianca Gates is a first-generation American, her parents having immigrated to the U.S. from Latin America. As such, she says, after graduating from UC Irvine, she was expected to get a safe job with a 401(k) plan and to live with her parents until she was married. Things haven’t gone exactly that way, but one can […]

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