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
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
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
Another Brexit bump: Microsoft has increased the cost of its Surface Book laptops for UK consumers. Read More
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
Soldo, the London-based fintech startup founded by Carlo Gualandri, who previously helped create Italy’s first online bank, is rolling out a new product in the U.K. today aimed at businesses who need to deploy and manage expenses across an entire company. Read More
The concept, which Koutsomitis first pitched on the U.K. television show back in 2015, promises to ‘gamify’ the online dating experience by having users work through a series of mini-games or quizzes. Read More
Jaguar Land Rover’s venture arm is launching a new accelerator targeting startups in the mobility and transportation space — part of its wider bid to avoid innovator’s dilemma.
The rolling six-month InMotion Accelerator programme will offer funding for up to 15 startups across two cohorts per year. Read More
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
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