Month: January 2018

Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The
0 Comments
Apple is working hard on the next major versions of its operating systems — macOS, iOS, tvOS and watchOS. While iOS is the big elephant in the room, the most intriguing new feature could be for macOS. According to reports from Bloomberg and Axios, Apple will let you run iPad apps. Yesterday, Axios first reported
0 Comments
Lego bricks (or, if you’re not a pedant, Legos) are highly precise and highly consistent plastic objects. Anywhere you go in the world the Lego is the same. That means that scientists at MIT can use these little sole stabbers to create very precise scientific systems. Their first tests involve creating a microfluid pump and
0 Comments
Fujifilm announced this week that it’s set to take a majority stake in Xerox. The news comes as the U.S. tech stalwart and photocopying synonym struggles to cope with an eroding demand for office printers and photocopies. The boards of both companies agreed to the deal this week, giving Fujifilm a 50.1-percent stake in the
0 Comments
Asana, the productivity and collaboration service, is getting a major infusion of cash after Generation Investment Management, a London-based firm backed by former U.S. Vice President Al Gore, led a $75 million investment. Investment Management was joined in this Series D round by existing backers 8VC, Founders Fund, Y Combinator President Sam Altman who also
0 Comments
Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies. “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers,”
0 Comments
Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round. Bench first launched out of TechStars NYC in 2012. Back then, the company was called
0 Comments
A new vertical fund from pan-European VC firm Speedinvest is officially outing today. Dubbed “Speedinvest x” and targeting a final closing of €25 million, of which €20.5 million has already been committed, the micro VC fund will target early-stage marketplace startups exclusively. Specifically, I’m told Speedinvest x will make pre-seed, seed and early Series A
0 Comments
Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company today announced the creation of a new financial services division which will spearhead a move into cryptocurrencies and other services including loans and insurance. Line already operates
0 Comments