Building a great startup requires more than genius and a great invention

Shahin Farshchi Contributor More posts by this contributor Investing in frontier technology is (and isn’t) cleantech all over again The dos and don’ts of crafting frontier-tech companies Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy. Here, the examples of the 19th and 20th century inventors Thomas Edison and […]

Health insurance startup Alan covers meditation app subscription

French startup Alan wants to be a bit better than your good old health insurance. That’s why the company is trying something new and now covers part of your Petit Bambou subscription. Petit Bambou is a popular meditation app. It’s a sort of Headspace, but with French content. You download an app, put your earphones, […]

New York on Tech is helping under-resourced students become future tech leaders

Image: Getty Images/smartboy10/DigitalVision Jessica Santana and Evin Robinson were riding the subway home from a college leadership conference when they realized they were getting off at the same stop.  It turned out, they had grown up in the same neighborhood, no more than 5 blocks apart. Years later, both Santana and Robinson were working six-figure jobs […]

N26 faces criticism regarding its identification processes

Fintech startup N26 is growing quite rapidly. Building a startup is hard, but building a startup that manages your bank account is even harder given the increased scrutiny. German weekly magazine Wirtschaftswoche published an article that questioned N26’s identification processes. According to Wirtschaftswoche, it’s quite easy to create an account with a fake ID document. […]

Crypto Quantique unveils its ‘quantum driven secure chip’ for IoT devices

With Gartner estimating that there will be 150 billion connected devices by 2030 — many of them mission critical, such as powering major national infrastructure — the risk and realisation that these devices aren’t secured properly is leading some cyber security experts to predict that there is a large-scale disaster waiting to happen. And the […]

Applied gets $2M to make hiring fairer — using algorithms, not AI

London-based startup Applied has bagged £1.5M (~$2M) in seed funding for a fresh, diversity-sensitive approach to recruitment that deconstructs and reworks the traditional CV-bound process, drawing on behavioural science to level the playing field and help employers fill vacancies with skilled candidates they might otherwise have overlooked. Fairer hiring is the pitch. “If you’re hiring for […]

Memory raises $5M to bring AI to time tracking

Memory, a startup out of Norway and maker of time tracking app Timely, has raised $5 million in further funding. Leading the round is Concentric, and Investinor, with participation from existing investor SNÖ Ventures. The company had previously raised $1 million in 2016 from 500 Startups, and SNÖ. Founded by Mathias Mikkelsen, a designer by […]

Samsung acquires network analytics startup Zhilabs to help its transition to 5G

Samsung Electronics is betting that acquiring Zhilabs, a real-time networks analytics startup based in Barcelona, will ease its transition from 4G to 5G technologies. Financial details of the deal, which was announced today, have not been disclosed. Zhilabs will be fully owned by Samsung, but it will continue to operate independently under its own management. […]

Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency

Many doubted The Civil Media Company‘s ambitious plan to sell $8 million worth of its cryptocurrency, called CVL.  The skeptics, as it turns out, were right. Civil’s initial coin offering, meant to fund the company’s effort to create a new economy for journalism using the blockchain, failed to attract sufficient interest. The company announced today […]

10 lessons from Marketo’s growth to a multi-billion-dollar exit

Doug Pepper Contributor More posts by this contributor A New Revolution Modernizes The Revenue Supply Chain With Adobe’s acquisition of Marketo, I have been reflecting on what an amazing and pioneering company Marketo has been since it was founded in 2006. There are very few tech companies that have defined a new category, executed a […]