Startup

Startup 'ObEN' Is Betting the Future On Personal AI Avatars
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merbs shares an excerpt from a Gizmodo report: In January 2019, when China Central Television, the largest broadcast network in the most populous nation in the world, aired a special to celebrate the Lunar New Year, the hosts welcomed four life-sized “personal artificial intelligences” to share the stage with them. Called PAIs, they were three-dimensional […]

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India’s edtech startup CollegeDekho raises $8 million to connect students with colleges
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Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup’s Series […]

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Drake invests in eSports betting startup Players’ Lounge
bumn-news.com

Drake’s latest collaboration isn’t with Kanye or Kendrick, it’s with Marissa Mayer. The rap superstar has joined a bevy of Silicon Valley investors including Strauss Zelnick, Comcast, Macro Ventures, Canaan, RRE, Courtside and Marissa Mayer to fund Players’ Lounge, an eSports startup looking to pit gamers against each other in their favorite titles with some […]

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Startup branding: how much does it really cost?
bumn-news.com

[Editor’s note: This article is a part of our latest initiative to demystify design and find the best brand designers and agencies in the world who work with early-stage companies — nominate a talented brand designer you’ve worked with.] A brand is far more than logos and colors. A consistent brand identity not only communicates […]

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CXA, a health-focused digital insurance startup, raises $25M
bumn-news.com

CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health flexible options. That’s to say […]

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Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech
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Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical […]

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Self-driving vehicle startup Drive.ai may be looking for a buyer
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Self-driving car companies are quickly coming to grips with some hard financial realities. Sources talking to The Information claim Drive.ai, one of the few companies operating autonomous shuttles, is looking for buyers. It's reportedly shopping it…

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Cherry lets startup employees choose their own office perks
bumn-news.com

Forget the office ping pong table, Cherry, a startup in Y Combinator’s latest batch, wants to let employees take company perks into their own hands. Cherry co-founders (and sisters) Gillian and Emily O’Brien say their Slackbot marketplace will let employees completely personalize the lifestyle benefits they get from their company, allowing them to set up a […]

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Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke
bumn-news.com

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. […]

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