TechCrunch Startup News

Perhaps rightly, there has long been a perception that Google-owned Deepmind has been the most aggressive in hoovering up a lot of the U.K.’s best talent in artificial intelligence, but now Facebook appears to be turning its eye to the country. TechCrunch understands that the social network behemoth is acquiring London-based Bloomsbury AI, a startup that has built natural language processing (NLP) technology to help machines answer questions based on information gleaned from documents. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Say you have a job with a large company and you want to know how much vacation time you have left, or how to add your new baby to your healthcare. This usually involves emailing or calling HR and waiting for an answer, or it could even involve crossing multiple systems to get what you need. Leena AI, a member of the Y Combinator Summer 2018 class, wants to change that by building HR bots to answer question for employees instantly. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What does brand loyalty even mean anymore? App downloads, points, stars, and other complex reward systems have not just spawned their own media empires trying to decipher them, they have failed at their most basic objective: building a stronger bond between a brand and its consumers. Bumped wants to reinvent the loyalty space by giving consumers shares of the companies they shop at. Learn more about your ad choices. Visit podcastchoices.com/adchoices

BigID announced a big $30 million Series B round today, which comes on the heels of closing their $14M A investment in January. It’s been a whirlwind year for the NYC data security startup as GDPR kicked in and companies came calling for their products. The round was led by Scale Venture Partners with participation from previous investors ClearSky Security, Comcast Ventures, Boldstart Ventures, Information Venture Partners and SAP.io. Learn more about your ad choices. Visit podcastchoices.com/adchoices

ZenProspect, a startup that emerged from the Y Combinator Winter 2016 class to help companies use data and intelligence to increase sales, announced today that it was rebranding as Apollo. It also announced a $7 million Series A investment. The round was led by Nexus Venture Partners. Social Capital and Y Combinator also participated. Apparently Y Combinator liked what they saw enough to continue to invest in the company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In the age of digital transformation, it’s important to understand your business processes and find improvements quickly, but it’s not always easy to do without bringing in expensive consultants to help. Celonis, a New York City enterprise startup, created a sophisticated software solution to help solve this problem, and today it announced a $50 million Series B investment from Accel and 83North on a $1 billion valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Open source sustainability has been nothing short of an oxymoron. Engineers around the world pour their sweat and frankly, their hearts into these passion projects that undergird all software in the modern internet economy. In exchange, they ask for nothing in return except for recognition and help in keeping their projects alive and improving them. It’s an incredible movement of decentralized voluntarism and represents humanity at its best. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s been hard to miss the scooter startup wars opening fresh, techno-fueled rifts in Valley society in recent months. Another flavor of ride-sharing steed which sprouted seemingly overnight to clutter up sidewalks — drawing rapid-fire ire from city regulators apparently far more forgiving of traffic congestion if it’s delivered in the traditional, car-shaped capsule. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s hard to say precisely how Sphero’s pivot to education is going in these early stages, but it recently got an infusion of funding and is already out acquiring new startups. The BB-8 maker announced this morning that it’s picked up Specdrums​ — the fellow Boulder, Co-based startup is a Kickstarter success story that lets users create music with an app connected ring. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Urban Airship has raised $25 million in Series F funding. The company started out as a platform supporting push notifications, but has since expanded to include other marketing channels like email, SMS, mobile wallets and voice assistants. The goal is to be the platform managing messaging and unifying customer data across all these channels. Altogether, Urban Airship said it’s now delivered more than two trillion messages, doubling the number from a year ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Venture-backed companies must walk the line between fast growth and efficient growth. Even as VCs value high-quality revenue, companies are still held to a minimum growth rate. We think of this threshold as the “Mendoza Line,” a baseball term we’ve adapted to track the minimum growth needed to get access to venture funding. Above this line, startups are generally attractive to investors and even have a good chance for a strong exit. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lyft hasn’t acquired a bike-sharing startup or gotten a scooter permit yet, but it’s already preparing its app for them with a feature codenamed “last mile”. Code and screenshots dug out of Lyft’s Android app reveal a way to search a map for last mile vehicles, and scan a QR code or enter a pin to unlock them. These materials come to TechCrunch from Jane Manchun Wong, who’s recently established herself as a prolific app code investigator. Learn more about your ad choices. Visit podcastchoices.com/adchoices

There’s a great deal of activity in the fields of speech recognition and the “Internet of Things,” but one natural application of the two has gone relatively unpursued: helping the deaf and hard of hearing take part in everyday conversations. SpeakSee aims to do this (after crowdfunding, naturally) with a clever hardware design that minimizes setup friction and lets everyone communicate naturally. Learn more about your ad choices. Visit podcastchoices.com/adchoices

I’ve been wanting to write about Cocky-gate for some time now but the story – a row between self-published authors that degenerated into ridiculousness – seems finally over and perhaps we can all get some perspective. The whole thing started in May when a self-published romance author, Faleena Hopkins, began attempting to enforce her copyright on books that contained “cocky” in the title. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joanna Glasner Contributor More posts by this contributor Scaling startups are setting up secondary hubs in these cities Here is where CEOs of heavily funded startups went to school Here is what your daily menu might look like if recently funded startups have their way. You’ll start the day with a nice, lightly caffeinated cup ofcheese tea. Chase away yourhangoverwith a cold bottle of liver-boosting supplement. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Modern Health founders Alyson Friedensohn and Erica Johnson About one year ago, a note from a CEO thanking his employee for using sick days to take care of her mental health went viral. It was a reminder to Alyson Friedensohn of what she wants to accomplish with Modern Health, the emotional health benefits startup she founded last year with neuroscientist Erica Johnson. “We want that to be normal. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Researchers at the University of Maryland have found that people remember information better if it is presented in VR vs. on a two dimensional personal computer. This means VR education could be an improvement on tablet or device-based learning. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Step aside, Allbirds. Atoms come in quarter sizes you can mix-and-match. Emerging from stealth today in a TechCrunch exclusive, this shoe startup’s obsession with satisfaction allowed it to replace my Nikes. I’ve spent the last 2 months wearing Atoms every day. They’re the first sneaker classy looking enough for semi-formal occasions, but that I can comfortably walk or even hike in for hours. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indiecade always offers a nice respite from the wall of undulating human flesh and heat that is the rest of the E3 show floor. The loose confederation of independent developers often produces compelling and bizarre gaming experiences outside of the big studio system. TendAR is the most compelling example of this out of this year’s batch. It is, simply put, a pet fish that feeds on human emotions through augmented reality. I can’t really explain why this is a thing, but it is. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup N26 is updating its N26 Metal product and launching it tomorrow. You might remember that the company first announced its premium card at TechCrunch Disrupt Berlin in December 2017. Shortly after the conference, the card was available in early access for existing N26 Black customers. But the company had to go back to the drawing board and update the card design. N26 Metal customers had some complaints about the design of the card in particular. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In 2014, it seemed like pretty much anyone with a pulse and pitch deck was capable of raising huge amounts of capital from prestigious venture capital firms at sky-high valuations. Here we arefour years later and times have changed. VCs inked a little more than 3,100 deals in the last quarter of 2017, according to Crunchbase— about 500 fewer than the previous quarter. Learn more about your ad choices. Visit podcastchoices.com/adchoices

MIT’s Computer Science and Artificial Intelligence Laboratory has created a system that can see your body through walls, recreating your poses when you walk, sit, or simply stand still. It uses RF waves to sense where you are and then recreates your body as a simple stick figure. It’s called RF-Pose. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For many architects, the hardest part of their job starts after they finish designing a building, when the onerous process of code compliance begins. Written to ensure the safety and accessibility of buildings, codes dictate everything from the height and depth of stairs and where railings end, to the amount of floor space in front of toilets and the height of windows. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees who would be joining Workday . In this case, Workday appears to be acquiring the talent. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The robots are here and one company, Starship Technologies, has raised $25 million to bring even more to the mainstream. This latest round of funding includes a follow-on investment from Matrix Partners and Morpheus Ventures. New investors include Airbnb co-founder Nathan Blecharczyk, Skype founding engineer Jaan Tallinn and others. These autonomous robots can carry items, like groceries or packages, within a two-mile radius. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Logtrust is now known as Devo in one of the cooler name changes I’ve seen in a long time. Whether they intended to pay homage to the late 70s band is not clear, but investors probably didn’t care, as they gave the data operations startup a bushel of money today. The company now known as Devo announced a $25 million Series C round led by Insight Venture Partners with participation from Kibo Ventures. Today’s investment brings the total raised to $71 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Panda has built the next silly social feature Snapchat and Instagram will want to steal. Today the startup launches its video messaging app that fills the screen with augmented reality effects based on the words you speak. Say “Want to get pizza?” and a 3D pizza slice hovers by your mouth. Say “I wear my sunglasses at night” and suddenly you’re wearing AR shades with a moon hung above your head. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For the past decade, telecommunications companies around the globe have been grappling with falling average revenues per user equaling stagnant growth rates. While particularly mobile operators have enabled increasing prosperity in third-world countries, new ways of working and fueled entirely new markets, much of the wealth created has landed on the books of companies that we look upon with increasing discomfort: Google, Amazon, Alibaba, Tencent and others. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 millionand we know that the company was valued at about $2 billionin 2015. Former Xamarin CEO Nat Friedman (and now Microsoft corporate vice president) will become GitHub’s CEO. Learn more about your ad choices. Visit podcastchoices.com/adchoices

America’s mayors have spent the past nine months tripping over each other to curry favor with Amazon.com in its high-profile search for a second headquarters. More quietly, however, a similar story has been playing out in startup-land. Many of the most valuable venture-backed companies are venturing outside their high-cost headquarters and setting up secondary hubs in smaller cities. Where are they going? Nashville is pretty popular. So is Phoenix. Portland and Raleigh also are seeing some jobs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a delightful bit of irony BitBay, a Central European exchange, has shut down operations in Poland even as it received an invitation by the Polish government to participate in a national blockchain working group. The news, which appeared in a Tweet, states that the group will assess regulations for cryptocurrencies, blockchain, and ICOs. “Our exchange has received an invitation from the PFSA to participate in the Blockchain Working Group. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Machine learning is one of those buzzwords that nearly every tech company likes to throw around nowadays — but according to Lukas Biewald, it represents a genuinely new approach to programming. “Software has eaten alot of the world, and machine learning is eating software,” Biewald said. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After their long post-financial-crisis slump, European tech IPOs are starting to rebound. Tech companies raised more money on European public markets between 2015-17 (€5.3 billion) than in the previous seven years combined. With venture capital having boomed in that time, that trend is set to continue: There is a generation of well-funded, fast-growing technology companies now eyeing the public markets as the platform for continued rapid growth. The pipeline is healthy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

They first launched nearly a decade ago with names like Diamond Foundry, Brilliant Earth, Mia Donnaand Pure Grown Diamonds, with millions of dollars in financing and a mission to reshape the diamond industry. They were startups that were going to popularize man-made diamonds for the masses in a way that would make the industry more sustainable and wring billions of dollars from the roughly $100 billion diamond market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Here’s where it’s cheaper to take an Uber than to own a car Ride-sharing companies have long touted the cost benefits of their platforms. Well, depending on the city, it can be cheaper on a weekly basis to take an UberX or UberPOOL than it is to own a personal car, according to Kleiner Perkins Caufield Byers partner Mary Meeker’s 2018 annual internet trends report. In four of the five largest cities in the U.S., it is indeed cheaper to rely on Uber than it is to own a car. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Snapchat is secretly planning the launch of its first full-fledged developer platform, currently called Snapkit. The platform’s prototypes indicate it will let other apps offer a ‘login with Snapchat’ options, use the Bitmoji avatars it acquired, and host a version of Snap’s full-featured camera software that can share back to Snapchat.Multiple sources confirm Snap Inc is currently in talks with several app developers to integrate Snapkit. Learn more about your ad choices. Visit podcastchoices.com/adchoices

At some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, the full realization of the “auto” part of the word — in the form of fully autonomous automobiles — is a long way off, but there are nonetheless companies trying to build that future today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

TechCrunch scoured all of Europe to find the most innovative and disruptive early-stage startups to launch at TechCrunch Startup Battlefield Europe 2018 at VivaTech. And today starting at 9:05 am CET on the TechCrunch homepage you can watch the pitches from the latest 15 Startup Battlefield companies. Each company will pitch for six minutes on the Pitch B stage at VivaTech, followed by a rigorous six-minute Q&A with esteemed judges from all over Europe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fifteen companies just got off the stage at TechCrunch’s Startup Battlefield Europe at VivaTech in Paris. The TechCrunch team has taken feedback from our expert judges and narrowed the group down to five companies that will be competing in the finals on the VivaTech Main Stage at 6:15pm CET. (If you’re not at VivatTech, you can watch the finals live here on TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

And the winner of Startup Battlefield Europe at VivaTech is… Wingly With IOV as runner-up At the very beginning, there were 15 startups. After a morning of incredibly fierce competition, we now have a winner. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French President Emmanuel Macron gave a speech at VivaTech in Paris, alternating between French and English. He defended a third way to regulate tech companies, which is different from the U.S. and from China. Macron thinks Europe should have a say when it comes to regulation — and it shouldn’t be just about privacy. Of course, he defended GDPR and online privacy, but he also talked about taxes, cyberbullying, the protection of independent workers and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Disrupt SF is set to be the biggest tech conference that TechCrunch has ever hosted. So it only makes sense that we plan an agenda fit for the occasion. That’s why we’re absolutely thrilled to announce that Ring’s Jamie Siminoff will join us on stage for a fireside chat and Jason Mars from Clinc will be demo-ing first-of-its-kind technology on the Disrupt SF stage. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Researchers at the University of Tokyo have created a method for growing and connecting single neurons using geometric patterns to route the neurons more precisely, cell by cell. The article, “Assembly and Connection of Micropatterned Single Neurons for Neuronal Network Formation,” appeared in Micromachines, a journal of molecular machinery. Thus far researchers have created simple brain matter using “in vitro cultures,” a process that grows neurons haphazardly in a clump. Learn more about your ad choices. Visit podcastchoices.com/adchoices

La Belle Vie wants to compete with Amazon Prime Now in Paris French startup La Belle Vie announced a new funding round of $6.5 million earlier this week (€5.5 million). Julien Mangeard, Thibaut Faurès Fustel de Coulanges, Louis Duclert, Kima Venturesand Shake-Up Factory participated in the founding round. Online grocery shopping is becoming quite competitive in Paris. You can order groceries from Amazon using Amazon Prime Now. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On any given day in the United States, more than 450,000 people are behind bars awaiting their constitutionally mandated fair trial. None of them have been convicted of a crime — they’ve been accused of committing a crime, but no formal ruling of guilt or innocence has been made. That means these hundreds of thousands of people are incarcerated simply because they don’t have the financial means to post bail. Learn more about your ad choices. Visit podcastchoices.com/adchoices

GIFs offer a way to compress a ton of information into a small amount of space, and while Gfycat has positioned itself as more of a short-form video centric platform, it’s going to take a step further to see what a step beyond a standard GIF looks like. The company today said it would be rolling out 360 degree GIF-like short form videos, which will allow users to plant themselves in the middle of what is effectively a looping video like a GIF. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As we increasingly hear about automation, artificial intelligence and robots taking away industrial jobs, Parsable, a San Francisco-based startup sees a different reality, one with millions of workers who for the most part have been left behind when it comes to bringing digital transformation to their jobs. Parsable has developed a Connected Worker platform to help bring high tech solutions to deskless industrial workers who have been working mostly with paper-based processes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

All electric scooters are not created equal. I’ve found ones from Spin, Bird, and Lime to often be broken, shaky, or out of battery. But now the founders of Boosted Boards, which makes the steadiest and safest-feeling electric skateboards, are bringing their rugged hardware expertise to the scooter world. Today, they’re coming out of stealth with a supposedly stronger and longer-lasting dockless electric scooter rental startup called Skip. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“Travel is expensive, but we are at the cusp of a revolution that will democratize travel and leisure for everyone,” reads the breathless white paper for HoweyCoins. “The Internet was the first part of the revolution. The other part is blockchain technology and cryptocurrencies.” “I’m all about HoweyCoins – this thing is going to pop at the top!” writes @boxingchamp1934, an official celebrity backer of the token. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Compound wants to let you borrow cryptocurrency, or lend it and earn an interest rate.Most cryptocurrency is shoved in a wallet or metaphorically hidden under a mattress, failing to generate interest the way traditionally banked assets do. But Compound wants to create liquid money markets for cryptocurrency by algorithmically setting interest rates, and letting you gamble by borrowing and then short-selling coins you think will sink. Learn more about your ad choices. Visit podcastchoices.com/adchoices