Confirmed: Magic Leap acquires 3D division of Dacuda in Zurich

magicleap-shutterstock_344631905 Magic Leap, the augmented reality startup that has raised $1.4 billion in funding but has yet to release a product, has made an acquisition to expand its work in computer vision and deep learning, and to build out its operations into Europe. The company has acquired the 3D division of Dacuda, a computer vision startup based out of Zurich. One of Dacuda’s focuses had been… Read More

Listen to Monzo founder on building a ‘smart’ bank, fintech bubble, and turning down acquisition offer

Tom Blomfield Yesterday I caught up with Tom Blomfield, co-founder and CEO of digital-only or ‘challenger’ bank Monzo. In our call, we talked about why Blomfield and his 80-plus team are building a new bank, whether or not we are in a fintech bubble, and what he thinks the impact will be of upcoming EU regulation intended to force incumbent banks to open up. Read More

Vize is a business intelligence tool for the rest of us

vize Chances are that your current company is collecting a ton of data about your customers every second. It’s a goldmine and it often sits there in a corner, unused. Vize is a business intelligence tool that will let you learn more about your business and take advantage of all your data. The company is currently participating in Y Combinator’s winter batch. “The main use case… Read More

Pleo, a startup that offers a card and app to manage company expenses, gets backing from Creandum

Pleo London and Copenhagen-based fintech startup Pleo, which offers a card and app to manage company expenses, has closed an additional $3.25 million in funding. The round was led by European VC firm Creandum, with participation from pre-seed and seed investor Seedcamp, and previous backer Founders. Read More

Pitch TechCrunch during Mobile World Congress at our Meetup on Feb 28

sagrada familia, aerial barcelona Hey Barcelona! Here’s a reminder! TechCrunch is holding a Mini-Meetup during Mobile World Congress, on Tuesday Feb. 28. We will hold a “Pitch-Off” of startups at the event. Grab tickets here. You can apply to pitch your Barcelona-based startup here. We’ll select approximately 10 great Barcelona-based startups to explain to our panel of VCs and TechCrunch editors in… Read More

UK’s Hellocar secures £1M to to disrupt UK car buying market

dsc_1205 Hellocar, a new car buying website out of the UK, has secured a £1m investment round. The round was led by JamJar Investments, the Innocent Drinks founders’ venture capital fund, and Alex Chesterman, founder and CEO of Zoopla Property Group. Henry Lane Fox, part of the founding team behind lastminute.com and CEO of Founders Factory, will join the Hellocar board as a Director. The… Read More