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Cleanly, the YC-backed company that looked to bring tech to the laundry industry, has today announced a merger with NextCleaners. The New York-based companies signed an all-stock deal after more than a year of negotiations, with Cleanly founder and CEO Tom Harari serving as Chairman of the Board and Next CEO Kam Saifi will stay […]

BackboneAI, an early-stage startup that wants to help companies dealing with lots of data, particularly coming from a variety of external sources, announced a $4.7 million seed investment today. The round was led by Fika Ventures with participation from Boldstart Ventures, Dynamo Ventures, GGV Capital, MetaProp, Spider VC and several other unnamed investors. Company founder […]

Mike Hudack, the former CTO of Deliveroo and most recently a founding partner at London venture capital firm Blossom Capital, has quietly joined joined Monzo as the challenger bank’s new Chief Product Officer. TechCrunch understands that Hudack had previously been advising Monzo on a part-time basis for the past 11 months, while simultaneously working part-time […]

Quona Capital closes US$203M round to focus on fintech companies in emerging markets American VC firm Quona Capital, which focussed in growth-stage fintech companies in emerging markets such as Asia, Africa, and Latin America, announced the close of its second fund at US$203 million, according to Tech in Asia. The fund has been said to […]

The post Afternoon News Roundup: Quona Capital closes US$203M to focus on fintech companies in emerging markets appeared first on e27.

Personalised customer experience is now possible at better values. With a filtered, informed insight on consumer demands, companies may also tailor-fit their inventories, saving wasteful production costs. Efforts are optimised, and customers are satisfied. Both parties win. Nike, the world’s biggest and most prolific sports retail brand, has taken this personalised customer experience offering a […]

The post Book Excerpt: How chatbot threatens to upend an entire industry in the Philippines appeared first on e27.

Fashion tech VC firm Lyra Ventures announces new Japan-backed global fund Fashion tech VC firm Lyra Ventures, which was formerly known as Start Today Ventures, announced the launch of their second fund with investment from TSI Holdings, one of Japan’s largest fashion conglomerates. This announcement follows Lyra Ventures’ recent investment into the US retail platform […]

The post Morning News Roundup: Fashion tech VC firm Lyra Ventures launches new fund appeared first on e27.