indexing

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Challenger bank Starling is out raising a new £200M funding round

Starling founder Anne Boden recently told TechCrunch that the U.K. challenger bank is on track to be profitable by Christmas, but this doesn’t mean it isn’t out raising additional capital already. According to well-placed sources, Starling has hired Rothschild with the aim of raising a new £200 million round. The draw is its expected profitability, […]

Netflix tests a programmed linear TV and movie channel in France

Netflix is testing out a programmed linear content channel, similar to what you get with standard broadcast and cable TV, for the first time (via Variety). The streaming company will still be streaming said channel — it’ll be accessed via Netflix’s browser-based website — and it will be initially available in France only, having rolled […]

Spain’s All Iron Ventures closes €66.5M first fund

Spain’s All Iron Ventures (AIV), an investor in B2C marketplaces and e-commerce plays, has closed its first fund with commitments totalling €66.5 million (~$79 million) — which it touts as one of the largest first-fund raises in the country.  Capital committed to the fund by its parent group’s founding partners and other investors brings its […]

Review: Sony’s PlayStation 5 is here, but next-generation gaming is still on its way

The new generation of consoles is both a hard and an easy sell. With a big bump to specs and broad backwards compatibility, both the PlayStation 5 and Xbox Series X are certainly the consoles anyone should buy going forward. But with nearly no launch content or must-have features, they also fail to make a […]

Slintel grabs $4.2M seed to grow sales intelligence platform

As the pandemic rages on, companies are looking for an edge when it comes to sales. Having the right data about the customers most likely to convert can be a huge boost right now. Slintel, an early-stage startup building a sales intelligence tool, announced a $4.2 million seed round today. The investment was led by […]

Software companies are reporting a pretty good third quarter

What a difference a week makes. This time last week, in the wake of earnings from tech’s five largest American companies and early results from other software companies, it appeared that tech shares were in danger of losing their mojo. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or […]

Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation

Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that […]

French startups can apply to the Next40 and French Tech 120

Last year, the French government and the government-backed initiative La French Tech unveiled an index of French startups so that it would be easier to identify them. The 40 top-performing startups get the label Next40, and the top 120 startups are grouped into the French Tech 120 — it’s a play on words with the […]

Funded by Connect Ventures, Purple Dot plans to take on Klarna-style purchase debt

In recent times startups have appeared offering credit at an e-commerce basket checkout so that a customer can buy a product without needing to pay right away. Klarna or Clearpay are the two most notable in this field. But what if you flipped the model around so that consumers could buy the item at a […]

Europe urges e-commerce platforms to share data in fight against coronavirus scams

European lawmakers are pressing major e-commerce and media platforms to share more data with each other as a tool to fight rogue traders who are targeting consumers with coronavirus scams. After the pandemic spread to the West, internet platforms were flooded with local ads for PPE of unknown and/or dubious quality and other dubious coronavirus […]

Provizio closes $6.2M seed round for its car safety platform using sensors and AI

Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital. The startup has a “five-dimensional” sensory platform that — it says — perceives, […]