Aito, a Helsinki-based machine learning startup that is developing “predictive database” technology, has raised €1 million in pre-seed funding, including from Nokia Chairman Risto Siilasmaa (via his investment company First Fellow Partners). Others backing the round are Hermitage, UMO Capital, together with funding from Business Finland. Previous Aito investors include Futurice and the company’s own […]

Urban Jungle, a digital insurance startup targeting so-called “generation rent” with a range of insurance products, has raised £2.5 million in seed funding round. The round is said to be backed by a mixture of new and previous investors, including Rob Devey, ex CEO of Prudential UK, and Simon Rogerson, CEO of Octopus Group. Described […]

There still exists an old-fashioned problem in travel: group travel which requires individuals and groups to plan and book personalized, multi-day tours online. Tourlane is a major player in this sector and has today announced it’s raised $47 million in a round led by Sequoia and Spark Capital alongside investors from the B round, including […]

Fintech continues to be among the biggest topics driving startups and investment in Southeast Asia. The region’s ‘internet economy’ is forecast to grow massively as its 600 million people increasingly come online — already Southeast Asia more internet users (350 million) than the U.S. has people but developing a robust payment landscape underpins those heady […]

Luckin Coffee, the ambitious Chinese upstart that’s going after Starbucks, could raise nearly $600 million from its upcoming IPO. That’s according to a price range released by the Chinese startup. In a new filing, Luckin said it plans to sell 30 million shares at an initial range of $15-$17. That gives an estimated raise of […]

The Federal Trade Commission said today that Google and Apple have removed three dating apps from their app stores because they could potentially be used by sexual predators to find children. In a parental advisory, FTC attorney Lisa Weintraub Schifferle wrote that FastMeet, Meet24 and Meet4U, all made by Ukrainian company Wildec, appeared to violate […]

Apple may be preparing some tweaks to watchOS that will leave you fumbling for your phone less often. Bloomberg’s Mark Gurman just published a long list of software tweaks his sources say are coming to iOS, watchOS and macOS at WWDC. One of the most interesting takeaways from the report is that Apple is reportedly […]

Apple may be bringing an Android favorite to iOS at its software developers conference next month. Bloomberg’s Mark Gurman has published a big list of little software tweaks his sources say are coming to iOS at WWDC. One of the more interesting notes is that Apple is reportedly going to be releasing its own swipe-to-text […]