French startup Qonto has raised a $115 million Series C funding round led by Tencent and DST Global. Today’s news comes a few days after another French fintech startup Lydia raised some money from Tencent. Existing investors Valar and Alven are also participating in today’s funding round. TransferWise co-founder Taavet Hinrikus and Adyen CFO Ingo […]

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Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year. As part of the deal, Uber would own 9.99% of Zomato and its Eats users would become part of the […]

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Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million. Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors Index Ventures, Northzone, Rocket Internet’s […]

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Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and Safety Administration said it would […]

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Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchange Commission allegations. TechCrunch deemed Rothenberg a ‘virtual gatsby’ back in 2016, when we first broke the news about the downfall of […]

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Rocket Lab has announced its first mission for 2020 – a dedicated rocket launch on behalf of client the U.S. National Reconnaissance Office (NRO) with a launch window that opens on January 31. The Electron rocket Rocket Lab is using for this mission will take off from its Launch Complex 1 (LC-1) in New Zealand, […]

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The Israeli cybersecurity industry saw a 35% increase in investments from 2018, with overall funding for startups totaling almost $1.4 billion.

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Too often the world of robotics seems to be a solution in search of a problem. Assistive robotics, on the other hand, are among one of the primary real-world tasks existing technology can seemingly address almost immediately. The concept for the technology has been around for some time now and has caught on particularly well […]

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Robotics startup company Soft Robotics has closed its Series B round of funding, raising $23 million led by Calibrate Ventures and Material Impact, and including participation from exiting investors including Honeywell, Yahama, Hyperplane and more. This round also brings in FANUC, the world’s largest maker of industrial robots and a recently announced strategic partner for […]

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Plus, competitor ads analysis for Facebook, budget explainer ads and more.

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into the Q4 venture capital market — specifically unpacking three pieces of data that stood out as we read the Crunchbase News Q4 global report — and Pitchbook and NVCA’s comparative, U.S.-focused Q4 data […]

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In films, TV shows and books — and even in video games where characters are designed to respond to user behavior — we don’t perceive characters as beings with whom we can establish two-way relationships. But that’s poised to change, at least in some use cases. Interactive characters — fictional, virtual personas capable of personalized […]

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Alphabet and Google CEO, Sundar Pichai, is the latest tech giant kingpin to make a public call for AI to be regulated while simultaneously encouraging lawmakers towards a dilute enabling framework that does not put any hard limits on what can be done with AI technologies. In an op-ed published in today’s Financial Times, Pichai […]

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The most interesting thing I saw online this week was Venkatesh Rao’s “Internet of Beefs” essay. I don’t agree with all of it. I’m not even sure I agree with most of it. But it’s a sharp, perceptive, well-argued piece which offers an explanation for why online public spaces have almost all become battlefields, or, […]

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Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. We’re off and running with good milestones achieved for NASA’s commercial crew program, which means it’s more likely than ever we’ll actually see astronauts launch from U.S. soil before the year is out. […]

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