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TaxScouts, the U.K. “tax preparation” startup founded by TransferWise and Marketinvoice alumni, has created some new paperwork of its own. The London-based company has raised £1.2 million in seed funding. Leading the new round is SpeedInvest, with participation from Finch Capital and SeedCamp. It adds to £300,000 in pre-seed investment that TaxScouts announced six months
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AIESEC, a non-profit that bills itself as the “world’s largest youth-run organization,” exposed more than four million intern applications with personal and sensitive information on a server without a password. Bob Diachenko, an independent security researcher, found an unprotected Elasticsearch database containing the applications on January 11, a little under a month after the database
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The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company helping street stall traders to tap the internet, so Warung Pintar, another startup helping digitize the country’s vendors, has pulled in $27.5 million for growth. Bukalapak
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Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall
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The chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank’s Vision Fund, but fewer people outside of Indonesia are aware of another sizable local online retail unicorn: Bukalapak. Smaller than Tokopedia in size, the company is
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Lyft is exploring ways to integrate virtual reality and augmented reality into your Lyft rides, according to a couple of patent applications TechCrunch came across today. The first, filed in July 2017, is for “providing a virtual reality transportation experience” that would respond to real-world forces and events that happen during your ride, like sudden
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Personio, the German HR and recruiting platform, has raised $40 million in a Series B funding. Leading the round is London-based Index Ventures, with participation from existing investors Northzone and Rocket Internet’s Global Founders. Founded in 2015, Munich-based Personio has set out to build a “HR operating system” for small and medium-sized companies (SMEs) ranging
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Investors are still pouring millions into scooter startups, albeit sometimes at flat valuations. At the same time a little cash is flowing the other way, in cases where cities have realized the importance of prioritizing the needs of the local environment and its citizens, over and above the ambitions of VCs for a swift and lucrative
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Romero Rodrigues Contributor More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s presidential elections, the stock market for Latin America’s largest country shot up. Financial
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This week, the Las Vegas Convention Center was packed with many of the year’s biggest new devices. But over the last several years, The Sands has become the place where the real magic happens. The segment of the show known as Eureka Park is where the startups and accelerators congregate, often times showing off products
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The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo where it plans to conduct R&D and road test driverless vehicles. The initiative follows its agreement with Japanese auto giant Honda in
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Baidu made several big announcements about Apollo, its open-source autonomous vehicle technology platform, today at CES. The first is the launch of Apollo Enterprise for vehicles that will be put into mass production. The company claims that Apollo is already used by 130 partners around the world. One of its newest partners, Chinese electric vehicle
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The self-driving vehicle evangelists are uniting. A number of major automakers, technology companies and organizations with a stake in autonomous vehicles, including Audi, Aurora, Cruise, GM, Mobileye, Nvidia, Toyota, Waymo and Zoox has formed a coalition to spread the word about advanced vehicle technologies and self-driving vehicles. Their message: this tech can transform transportation and