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Digital art technology company Meural has raised a $5 million Series A round of funding, led by Corigin Ventures and with participation from Netgear, Resolute Venture Partners and assorted angels. The $5 million in fresh funds accompanies the news that Meural will now be distributing its Canvas in retail stores across the U.S., Canada, the U.K., Germany, France and the Netherlands. Read More
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For driverless car startups, raising capital seems to happen on autopilot. Investors and acquirers have put billions into the space over the past couple of years in the race for early-mover advantage. They’ve shown no desire to hit the brakes lately either, as indicated by a spate of recent deals. Read More
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The push to let employees bring their own devices to work has been underway for some time now — in fact, it’s a big part of what ultimately doomed enterprise-focused companies like BlackBerry’s hardware businesses. Samsung’s been walking the line for a while as well, rolling out enterprise features like Knox security for its consumer handsets, along with accessories… Read More
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Tesla CEO Elon Musk noted on Twitter that Tesla’s solar team could indeed outfit Puerto Rico with power facilities that could be used to generate and store power reserves when the existing grid isn’t available, as it has been after the U.S. territory faced the devastation of hurricane Maria. Now, Tesla is showing that it’s making good on its promise of help, with… Read More
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A year ago the Midwest seemed on the cusp of a renaissance. Small towns and cities from Pittsburgh to Omaha had perfected the YC model of accelerator creation and low-cost/high-impact funding. The ecosystems have cropped up everywhere there is a coffee shop or an artisanal sandwich truck and the idea of “doing a startup” vs. going to work for some corporate behemoth is a well-worn… Read More
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Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y Combinator Continuity Fund, Real Ventures, Dentons’ NextLaw Labs and angels. Read More
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With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital.
Founded last year by Dr. Eric Xing, a Carnegie Mellon machine learning… Read More
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Elon Musk gave a keynote address yesterday to the International Aeronautical Congress in Adelaide, Australia. During the 43 minute talk, which is embedded above, Musk laid out SpaceX’s future including colonizing Mars and building one rocket to rule them all. The talk is fantastic. Elon was Elon and revealed countless details about future SpaceX plans. This is why he’s celebrated… Read More
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Alchemist Accelerator, known for its specialty in working with enterprise startups, held its 16th demo day at Microsoft’s offices in Mountain View, California. 18 startups pitched ideas ranging from more traditional marketplaces to frontier aerospace technology. Addressing the packed auditorium before the pitches began, Ravi Belani, managing partner at Alchemist, reasserted his core… Read More
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