Badi gets $30M for AI-aided room rentals

Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30M Series B funding round less than a year after a $10M Series A — suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) ‘Generation Rent’ demographic, as they hunt for their next flatmate. […]

Cambridge Analytica’s parent pleads guilty to breaking UK data law

Cambridge Analytica’s parent company, SCL Elections, has been fined £15,000 in a UK court after pleading guilty to failing to comply with an enforcement notice issued by the national data protection watchdog, the Guardian reports. While the fine itself is a small and rather symbolic one, given the disgraced political analytics firm went into administration last […]

Facebook policy VP Richard Allan to face the international ‘fake news’ grilling that Zuckerberg won’t

An unprecedented international grand committee comprising 22 representatives from seven parliaments will meet in London next week to put questions to Facebook about the online fake news crisis and the social network’s own string of data misuse scandals. But Facebook founder Mark Zuckerberg won’t be providing any answers. The company has repeatedly refused requests for […]

Zuckerberg rejects facetime call for answers from five parliaments

Facebook has declined once again to send its CEO to the UK parliament — this time turning down an invitation to face questions from a grand committee comprised of representatives from five international parliaments. MPs from Argentina, Australia, Canada, Ireland and the UK have joined forces to try to pile pressure on the company’s founder, Mark […]

Mercaux bags $4.5M to help bricks-and-mortar retail tool up to sell more

Retail tech SaaS platform Mercaux has closed a £3.5 million (~$4.5M) Series A funding round led by European VC fund Nauta Capital.  The 2013 founded London-based startup sells software for retailers to tap into digital capabilities in their physical retail stores — offering a modular platform that’s intended to support digital transformations at a pace of the […]

London’s transport regulator looks to startups to help fix urban mobility

London’s transport regulator, TfL has announced a partnership with Bosch for its forthcoming co-working space in Shoreditch. The civic tech project is intended to run for 18 months as a pilot — though Bosch’s ‘Connectory’ co-working facility won’t open until the end of January. A company spokeswoman confirmed the partnership is nonetheless up and running […]

Lyft speeds ahead with its autonomous initiatives

Lyft, the transportation on demand company that is heading to a $15 billion IPO in 2019, is racing ahead with its autonomous vehicle plans. TechCrunch has learned that it is acquiring the London-based augmented reality startup Blue Vision Labs and unveiling its first test vehicle to advance its vision for self-driving cars. The first car from […]

Jane VC, a new fund for female entrepreneurs, wants founders to cold email them

Want to pitch a venture capitalist? You’ll need a “warm introduction” first. At least that’s what most in the business will advise. Find a person, typically a man, who made the VC you’re interested in pitching a whole bunch of money at some point and have them introduce you. Why? Because VCs love people who’ve […]

Banksy’s rigged art frame was supposed to shred the whole thing

In the connected future will anyone truly own any thing? Banksy’s artworld shocker performance piece, earlier this month, when a canvas of his went under the hammer at Sothebys in London, suggests not. Immediately the Girl with Balloon canvas sold — for a cool ~$1.1M (£860,000) — it proceeded to self-destruct, via a shredder built into […]

With $50M in fresh funding, Allbirds will open new stores in the US, UK and Asia

The quintessential venture capitalist’s uniform consists of a pair of designer jeans, a Patagonia fleece vest and $95 wool sneakers. The company behind the shoes, Allbirds, entered the unicorn club this morning with the announcement of a $50 million Series C from late-stage players T. Rowe Price, which led the round, Tiger Global and Fidelity […]