Tuesday, December 17, 2024

Agave, the startup behind Find the Cat, finds $18M

A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings of increasing complexity has found something else: $18 million in funding. Agave Games, the creator of Find the Cat, will be using the Series A to build out the team and to […]

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Alphabet-backed Indian lender files for IPO

Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the […]

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Monday, December 16, 2024

Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas […]

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Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings (which owns NuBank), Latin America’s most valuable fintech, which invested $150 million for a 10% stake. M&G Catalyst Fund […]

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Mark Zuckerberg says Threads now has 100M daily active users

Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active […]

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Waymo robotaxis are coming to Tokyo in 2025

Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s so-called “road trips,” a development program that involves bringing and testing its technology in a variety of cities — […]

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Jay-Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings

Jay-Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to Pitchbook.  MarcyPen’s spokesperson declined to comment further on the […]

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iRobot co-founder’s new home robot startup hopes to raise $30M

Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture. A filing with the U.S. Securities and Exchange Commission reveals that Angle’s new company, Familiar Machines & Magic, is trying to raise $30 million. So far, it has raised $15 million from a group of eight investors. […]

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YouTube creators can now allow third-party companies to train AI models on their content

Google says that it’ll soon begin to allow YouTube creators and rightsholders to let third-party companies including OpenAI, Apple, and Meta to use their videos to train AI models. “Over the next few days, creators and rights holders can choose to allow third-party companies to use their content to train AI models directly in Studio […]

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YouTube will now let creators opt into third-party AI training

YouTube on Monday announced it will give creators more choice over how third parties can use their content to train their AI models. Starting today, creators and rights holders will be able to flag for YouTube if they’re permitting specific third-party AI companies to train models on the creator’s content. From a new setting within […]

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Meta updates its smart glasses with real-time AI video

Meta’s Ray-Ban Meta smart glasses are getting several new AI-powered upgrades, including the ability to have an ongoing conversation and translate between languages. Ray-Ban Meta owners in Meta’s early access program for the U.S. and Canada can now download firmware v11, which adds “live AI.” First unveiled this fall, live AI lets wearers continuously converse […]

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What is Instagram’s Threads app? All your questions answered

Twitter alternatives — new and old — have found audiences willing to try out a newer social networks since Elon Musk took over the company in 2022. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are among them. So is Meta’s Threads platform. What is Threads? How do you create […]

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Meta put on watch over terrorism content in the EU

Ireland’s media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back […]

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