LIV, a Prague-based company that wants to make VR gaming more fun to watch, and in turn bring players and spectators closer together, has picked up $1 million in funding. That’s a pretty modest raise as far as ambitious upstarts go — and LIV is certainly ambitious. However, the list of backers includes noteworthy names,…
WeWork chief executive officer Adam Neumann is already rich, but soon all of the early employees and investors of the co-working giant will be too. The business, now known as The We Company, has accelerated its plans to go public, according to a new report from The Wall Street Journal. WeWork is expected to unveil…
Starbucks is gearing up to bring its on-demand delivery service, in partnership with Uber Eats, throughout the nation early next year. Starbucks first partnered with Uber Eats in 2018 with a pilot in Miami and expanded to cover 11 markets. “We are driven to create new and unique digital experiences that are meaningful, valuable and…
Inventables announced this morning that it has raised an $11.5 million Series C. The round, led by Cue Ball, alongside True Ventures, Greycroft, Pipeline Capital and Draper Associates, brings the Chicago-based startup’s total funding cup to 21 million, per Crunchbase. The company specializes in desktop 3D carving — or subtractive manufacturing (not to be confused…
Genie AI, a legal tech startup and Entrepreneur First alumni, has raised £2 million in funding. The round is a combination of equity and a U.K. government grant, and will be used to continue development of the company’s “intelligent” contract editor for law firms and an upcoming product targeting GDPR compliance. Leading the £1.2 million…
Another high-level Tesla engineering executive has hopped over to Apple. Steve MacManus, who was vice president of engineering at Tesla, is now a senior director at Apple, according to an update on his LinkedIn profile. Bloomberg was the first to report MacManus had taken the position at Apple. MacManus, whose was in charge of interior…
Amid ongoing concerns about security risks posed by the involvement of Chinese tech giant Huawei in 5G supply, the UK government has published a review of the telecoms supply chain which concludes that policy and regulation in enforcing network security needs to be significantly strengthened to address concerns. However it continues to hold off on…
Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a…
Iflix, the streaming video service that competes with Netflix in Southeast Asia and other emerging markets, announced today that it has raised a new round of funding led by Fidelity International, with participation from returning investors Catcha Group, Hearst, Sky and EMC. The Malaysia-based company did not disclose the amount of the round, but said…
More posts by this contributor In big tech’s future expansion plans, public good should be the corporate incentive To actually change the world, Big Tech needs to grow up From Toronto to Tokyo, the challenges faced by cities today are often remarkably similar: climate change, rising housing costs, traffic, economic polarization, unemployment. To tackle these…
