Revolut, the fintech giant based in the U.K., has appointed a new CEO for its U.K. division. Francesca Carlesi will be in charge of Revolut’s division in its home country — Nik Storonsky remains the CEO of Revolut Ltd. It’s worth noting that today’s news comes as Revolut still doesn’t have a banking license in […]
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Zephr has emerged from stealth with radical plans to dramatically improve GPS – using cell phones with zero hardware modifications. Mobile devices have abysmal GPS accuracy, which prevents location app developers in verticals spanning gaming to fitness tracking from truly taking advantage of the powerful little computer everyone carries in their pocket. Two of Zephr’s […]
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A young startup is setting out to transform the command line interface (CLI) into something a little more fitting for the modern age — something a little more glamorous. Charm is a four-year-old company founded by former Apple, Last.fm, and TweetDeck engineer Toby Padilla, alongside Christian Rocha who formerly served as head of voice at […]
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Meta is introducing a new API that makes it easier to create and share a Facebook Story directly from a third-party desktop or web app. The social networking ad titan first introduced Stories to the main Facebook app in 2017, emulating a feature it had added to Instagram the previous year as well as Messenger […]
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While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion. And — at least anecdotally — Q3 deal flow seems healthy, too. Case in point, […]
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Dashtoon wants to make anyone with a story to tell into a comics artist, even if they can’t draw. It provides aspiring comics creator with a suite of generative AI tools, and a publishing platform that releases new episodes daily for impatient readers. To seed the platform, called Dashtoon Comic Reader, Dashtoon commissioned about 30 […]
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Kuva Space, a hyperspectral imagery startup founded in Finland, has closed a €16.6 million ($17.6 million) Series A funding round as it looks to deploy up to 100 satellites by the end of the decade. The startup, formerly called Reaktor Space Lab, was founded in 2016 and spent its first four years focused on building […]
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SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African VC firm Novastar Ventures’ future funds. Following the deal, SBI Holdings will take a minority stake in Novastar and get a non-executive seat in its […]
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Ten years ago, Pear VC, then a tiny new venture firm, operated out of a nondescript office in Palo Alto that was enlivened by bright, computer-themed art. Last week, the outfit – which closed its largest fund to date last spring – quietly inked a deal to sublease 30,000 square feet of “Class A” office […]
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