Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest

Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating. Now, London-based Untitled Ventures plans […]

SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things […]

Cosmose, a platform that analyzes foot traffic in physical stores, gets $15 million Series A

Cosmose tracks foot traffic in brick-and-mortar stores to help predict customer behavior, providing data that is increasingly important as companies try to weather COVID-19’s economic impact. Today the startup announced it has raised a $15 million Series A. The round was by Tiga Investments, with participation from returning investors OTB Ventures and TDJ Pitango, who […]

Buildots raises $16M to bring computer vision to construction management

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‘The money is still there,’ says APX managing director Jörg Rheinboldt

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Glovo is opening a tech hub in Poland after gobbling a local food delivery rival

Barcelona-based on-demand delivery startup Glovo is beefing up its engineering capacity by opening a second tech hub, its first in Poland — with an initial plan to hire 40 additional engineers and have a total of 50 tech and product experts working predominantly out of its Warsaw office. Glovo says it expects the Polish engineering […]

Voter manipulation on social media now a global problem, report finds

New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties making cynical use of social media algorithms, automation and big data to manipulate public opinion at scale — with hugely worrying implications for democracy. The report found that computational propaganda and […]

Andrew Ng’s AI companies expand to Medellin, Colombia

After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building AI companies and Landing.ai, which […]

Facebook found hosting masses of far right EU disinformation networks

A multi-month hunt for political disinformation spreading on Facebook in Europe suggests there are concerted efforts to use the platform to spread bogus far right propaganda to millions of voters ahead of a key EU vote which kicks off tomorrow. Following the independent investigation, Facebook has taken down a total of 77 pages and 230 […]

Geoengineering could solve our climate problems if anyone allowed it

This weekend, I finished reading Oliver Morton’s The Planet Remade (thanks to reader Eliot Peper for recommending it). Morton has a multitude of goals with the book, but there were two I think are deeply valuable. First, geoengineering is a plausible approach to solving our climate problems this century, and second, engineering the climate generates […]