Startup company

Y Combinator takes machine intelligence startups to school and learns a thing or two

 Machine intelligence startups are the black sheep of the startup world. The new kids on the block are challenging investors to do their technical homework and differentiate themselves in intentional ways. Y Combinator joined a growing list of investors offering exclusive services to these companies in a specialized AI track for its latest S17 batch of startups. In the competitive world of… Read More

The top 7 startups from Y Combinator S’17 Demo Day 2

 Day two of YC S’17 brought us autonomous store checkout, cannabis genomics and at home fertility testing. We whittled down the strong day of pitches to just seven hot companies. These are the startups our writers and the investors we spoke with were most excited about. If you want to check out the full list of startups from day 2 you can read about them here.  Additional reporting by… Read More

Auto giant Continental buys Singapore-based Quantum Inventions for $29M

 German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility data services. The deal was announced in June with little fanfare and it is officially undisclosed, but a source told TechCrunch that it is around the SG$40 million mark —… Read More

500 Startups’ Australia accelerator program is axed by its partner before it even launched

 500 Startups continues to feel the impact of a sexual harassment scandal involving its co-founder and former managing partner Dave McClure. Two weeks after the closure of its Canada-based fund, its maiden venture in Australia is getting the chop before it even began. The U.S. firm doesn’t have a dedicated fund in Australia, but it did announce an accelerator program — 500… Read More

Our favorite startups from 500 startups’ 21st class

 Another season, another group of startups presenting as part of 500 Startups’ 21st demo day. This time around, 29 companies pitched on stage at the Computer History Museum in Mountain View. We noticed strong trends in healthcare focused businesses as well as startups tackling international markets out of the gate. Perhaps the most interesting trait of the startups selected for our top… Read More

Google launches its own AI Studio to foster machine intelligence startups

 Another week, another new Google initiative targeting AI startups. We started the month with the announcement of Gradient Ventures, Google’s on-balance sheet AI investment vehicle. Two days later we watched the finalists of Google Cloud’s machine learning competition pitch to a panel of top AI investors. And today, Google’s Launchpad is announcing a new hands-on Studio program. Read More

Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem

 Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect. Rather than Google, Facebook or Microsoft, increasingly Chinese duo Alibaba and Tencent are the driving forces behind the importing of large sums of capital and vast business experience into Southeast… Read More

Reach Robotics closes $7.5M Series A for its augmented reality bots

 After years of research and development, Reach Robotics has closed a $7.5 million Series A, co-led by Korea Investment Partners (KiP) and IGlobe, to bring its augmented reality bots to market in a big way. The Bristol-based startup is looking to expand into the U.S., and the team is exploring opportunities for growth into other European and Asian markets. Read More

Pendo closes $25M Series C from Meritech to scale its customer understanding platform

 Just seven months after announcing a $20 million Series B, Pendo, a platform to help businesses better understand their customers, has closed a new $25 million Series C led by Meritech Capital Partners. The North Carolina-based startup has been growing at a rapid clip — ballooning to 106 employees across offices in San Francisco, New York and Raleigh. Meritech’s Rob Ward will be… Read More

Real estate venture firm Fifth Wall launches an early stage accelerator

 The venture capital firm Fifth Wall, an investor in construction and real-estate focused startups that is backed by some of the country’s largest real estate companies, is expanding into early stage investing with the launch of a new accelerator program. For the firm’s co-founder and co-managing partner Brendan Wallace, the accelerator is an opportunity to reach out to companies… Read More

Anna Patterson talks Gradient Ventures, Google’s new AI fund

 It’s been pretty obvious for a few months now, but Google has finally admitted that it’s running its own investment fund targeting machine intelligence startups. The fund will go by the name Gradient Ventures and provide capital, resources and education to AI-first startups. Read More

Datatron raises $2.7M to help companies query real-time and historical data

 Fresh out of 500 startups, Datatron has raised $2.7 million in seed financing for its data savvy assistant Emma. But under the somewhat trite coating of an assistant, Datatron is a making it easier for employees to gather insights from the comple...