Startups

Prenetics, a genetic testing startup, plans to expand into more Asian countries after raising a $40 million Series B led by Beyond Ventures and Alibaba Hong Kong Entrepreneurs Fund. The round also includes capital from Yuantai Investment Partners, mFund and eGarden Ventures, and brings Prenetics’ total raised so far to $50 million. The capital will
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Eyewear ecommerce giant Warby Parker is accused of signing partnership contracts and NDAs with online eyeglass prescription test startup Opternative, then stealing the technology to launch its own competing “Prescription Check” feature. That’s according to a legal complaint filed by Opternative last month that was unsealed today as the lawsuit unfolds. Opternative is seeking extensive
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Born out of a frustration with recruiting within the peninsula-trapped City of San Francisco, Terminal is a platform allowing companies to tap into talent abroad. Starting with campuses in Kitchener-Waterloo, Montreal and Vancouver, the startup aims to plant physical flags in as many of the world’s global talent centers as possible. Terminal is being run by 8VC‘s Joe Lonsdale,
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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Silicon Valley may be the techiest place on earth, but even here, the way people open the front door hasn’t changed much in a century. Most of us still get in by turning a
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While most of the attention paid to India’s e-commerce boom focuses on big players like Flipkart, there’s another fast-growing sector: people, mostly women, who resell items on social media. Several startups now exist to serve the so-called “housewife reseller” market. One of them, Y Combinator alum Meesho, announced today that it has raised a $3.4
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Some employees at Outcome Health, which provides advertising for pharmaceutical companies in screens within doctors’ offices, allegedly misled advertisers by charging them for ad placements on more video screens than the company had installed, according to a report by The Wall Street Journal. The startup installs screens in doctors’ offices free of charge and then
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On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
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FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
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On this week’s Technotopia I talked to Massimo Banzi and Fabio Violante, the co-creators of Arduino. This pair of Italian artists saw their little single-board computers as a gateway to high-tech art but they’ve essentially created a world in which anyone – from an 11-year-old hacker to a huge corporation – can make amazing hardware
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GitLab, a collaboration and DevOps platform for developers that’s currently in use by more than 100,000 organizations, today announced that it has raised a $20 million Series C round led by GV (the fund you may still remember under its former name of Google Ventures). This brings GitLab’s total funding to date to just over $45.5
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In the last two years, Unilever acquired Carver Korea for $2.7 billion. Estee Lauder purchased Too Faced Cosmetics for $1.45 billion. CVC Capital Brands bought PDC Brands for $1.43 billion. L’Oreal purchased a trio of skincare brands for $1.3 billion, and also  IT Cosmetics for $1.2 billion. E.l.f. Beauty did an IPO. Venture capitalists didn’t invest in any of
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