From Online payment to eCommerce

Teal drone set to blaze across the skies at 85mph in time for the holidays

SONY DSC George Matus has been building drones since he was 11 years old. At 18, he has built the world’s fastest production drone, Teal. The 730 gram craft will be able to takeoff at 70mph and has hit speeds of close to 85mph in testing. Drone racing is taking off (literally), and Matus wants to be on the forefront of the consumerization of drone technology. Besides being fast, his new drone… Read More

Learn-to-code startup CK targets the Minecraft modding craze

 The learn to code space is packed with ideas. But when it comes to what children want to do online, towering over everything else is the build-it-yourself Microsoft-owned Minecraft platform. All lesser virtual, creative playgrounds are overshadow...

Baidu’s early investor Finian Tan’s VC firm Vickers raises US$63.5M for its 5th fund

The Singapore-based VC fund has invested in over 36 companies across life sciences, technology, media, telecom, consumer and financial services Global venture capital firm Vickers Venture Partners has announced that it has made the first close of its fifth fund at S$86 million (US$63.5 million), all coming from existing investors. The VC fund aims to make the...

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Rocket Internet’s GFC backs home care marketplace HomeTouch

HomeTouch HomeTouch, the UK home care marketplace, has picked up £700,000 in new funding in a round led by Rocket Internet’s venture arm Global Founders Capital (GFC). Previous backer Passion Capital also participated, along with various angels, while I’m told the new capital will be used to invest in performance marketing and further product development. Read More

Dreamit accelerator ditches demo days, unveils 25 new health and education startups

Dreamit Ventures' CEO Avi Savar Dreamit Ventures’ accelerator has ditched the demo day, according to Chief Innovation Officer Steve Barsh. That’s not the only change the early-stage venture firm and accelerator has made of late.
Today, Dreamit unveiled a list of 25 new health and edtech startups launching from its revamped programs. A full list of those companies provided by Dreamit follows at the end of this… Read More

Goldman Sachs leads $10M investment in Brazilian trucking startup CargoX

SAO PAULO -SP, 08/03/15, Caminhoes da Sontra Cargo X , em São Bernardo do Campo. Foto: Fabiano Accorsi / Divulgação CargoX, a Brazilian startup that has been described as “Uber for trucks,” is announcing that it has raised $10 million in Series B funding. The analogy is kind of irresistible, since Uber co-founder Oscar Salazary is one of CargoX’s investors — he’s certainly seen his share of “Uber for X” pitches, but he told me he sees a big opportunity here due to… Read More