Fundings and Exits

Finland-based ICEYE is launching a constellation of microsatellites with the aim of helping provide a view from space where traditional imaging cannot, with images delivered within a few hours using a technology that is typically very expensive and difficult to deploy. The startup uses something called synthetic-aperture radar (SAR) to observe Earth even through clouds
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Laura Deming is not your typical venture capitalist. Then again, she isn’t typical in many ways. For starters, the 23-year-old, New Zealand native was home schooled, developing along the way a love of math and physics and, perhaps most interestingly, the biology of aging. In fact, she became so preoccupied with the latter that at
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We knew that Andrew Ng had more than just a series of deep learning courses up his sleeve when he announced the first phase of his deeplearning.ai last week. It’s clear now that the turn of Ng’s three part act is a $150 million venture capital fund, first noted by PEHub, targeting AI investments. Ng,
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MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year. New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source
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Minibar Delivery , a marketplace for wine, beer and spirits, has today announced the close of a $5 million funding round led by Corigin Ventures, with participation from Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures. Minibar Delivery launched back in 2013, trying to give liquor stores an ecommerce outlet and users the ability
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Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more
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SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer. New York investment bank Raine Group
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India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system. The price of the deal is undisclosed. Hike released a short statement late on Friday announcing the acquisition, although it does not appear that the 50-person Creo
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Filecoin, the much-anticipated cryptocurrency that will eventually power a distributed file storage system, is opening its ICO today at 12pm PT / 3pm ET today. Last week Filecoin concluded a much talked about “advisor” sale that brought in a total of $52M from ~150 investors including Sequoia Capital, Andreessen Horowitz, Union Square Ventures, Winklevoss Capital
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Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: For the average American, the name “SoftBank” doesn’t mean much. It’s neither soft nor, technically, a bank. It’s a sprawling Japanese mobile carrier, internet service provider and holding company for other businesses ranging from cloud services and self-driving
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