Startup

Uber to acquire grocery delivery startup Cornershop

Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary

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Polte raises $12.5 million to track devices using LTE signal

Polte has raised another $12.5 million. The company is building a service that leverages 4G (and potentially 5G) signal to track things for commercial and industrial use cases. The main advantage is that using cellular signal uses a lot less battery than acquiring GPS location and transmitting it over cellular.

Today’s funding round is an extension

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Apester unveils a new Story Strip format for online publishers

Apester, which helps digital publishers add interactivity to their content, is rolling out a new format called the Story Strip.

CEO and co-founder Moti Cohen told me that the Story Strip is modeled on the Story format popularized by Snapchat and Instagram — a format that he praised for being one of the few content types that’s truly “tailored to the

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Club Factory raises $100M to expand its lifestyle e-commerce platform in India

Club Factory, a Chinese e-commerce platform that sells fashion and beauty items and electronics accessories, has raised $100 million in a new financing round as it looks to expand its footprint in India.

The new financing round — Series D — was led by Qiming Venture Partners, Bertelsmann, IDG Capital “and  other Fortune 500 companies from the U.

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Rahko raises £1.3M seed from Balderton for quantum machine learning tech

There remains a problem with the race to create a quantum computer, which is that experiments in this area can be extremely error-prone. Rahko is a new U.K. startup that thinks it can address this problem with what’s known as “Quantum machine learning.”

It’s now raised £1.3 million ($1.6 million) in a seed round led by Balderton Capital, a rare

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Satellite imagery holds a wealth of information that could be useful for industries, science and humanitarian causes, but one big and persistent challenge with it has been a lack of effective ways to tap that disparate data for specific ends.

That’s created a demand for better analytics, and now, one of the startups that has been building solutions

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