Fabric, the life insurance company, announced Tuesday (May 23) that it has launched its service in New York. In a press release, the company said that with its service, parents in New York don’t have to deal with pushy agents or insurance meetings, nor are...
SILK Ventures is rolling out a new $500 million venture capital fund that is partly bankrolled by the Chinese government. According to a report in TechCrunch, the new fund is gearing up to invest in all stage startups with a main focus on deep technology and science,...
Apexx, a FinTech startup, is reportedly launching in London, aiming to create a transparent marketplace in which merchants can browse and plug into competing services for a network of acquirers and payment brands. In a report, Apexx said with its platform, merchants can see how the...
Romanian enterprise software startup UiPath aims to automate businesses’ more rote back-office functions with the help of a software platform that leverages artificial intelligence tools like computer vision, machine learning and natural language processing. Recently, investors have taken notice. UiPath just announced it had raised...
The two billion people in the world without a bank account are forced to use cash. For businesses, this means there could be less revenue coming in the door because of those with only one form of payment. One company that’s looking to shake up...
Walmart enters the tech startup arena with its first company Code Eight stemming from its incubator Store No. 8. To help get it off the ground and running, Walmart looked to the fashion world with the hiring of Rent the Runway Co-Founder, Jennifer Fleiss. Earlier...
After closing a $400 million Series D round at a valuation of $3.4 billion back in March, grocery delivery startup Instacart is eyeing some major U.S. expansion prospects. As of today, Instacart operates in 41 U.S. markets and is slated to roll out to four more...
Ofo, the bike sharing startup based in China that was able to obtain Unicorn status recently, announced that Ant Financial, the payment arm of Alibaba, is now an investor. According to a report in TechCrunch, which cited a statement Ofo posted to its Weibo account in...
A not so very long time ago — about a year and a half — VCs and private equity groups were enthusiastic about innovation — and deeply worried about missing out on the “next big thing.” A lot of questionable ideas got funding — the...
