Weekly Roundup

Startup-Buzz Weekly Round-Up

FUNDING – Checkout which startups raised funds

Kepler Communications Increases $5 Million to Develop In-Space Communication Network – This Canada-based startup has raised $5 million in venture capital funding to to Conquer In-Space Communications.

Zenoti Raises $15 M for Spa Bookings -Seattle-based startup Zenoti recently raises $15 M in a funding round, which was led by Norwest Venture Partners.

Bill Gates Invests In an Aussie Biotech Startup – Microsoft founder Bill Gates backs Australian biotech startup Atomo Diagnostics. The latest funding round was closed at $6 Million.

Uber Decides To Endow In 4 European Startups – Travis Kalanick, CEO of Uber, recently announced that his organization has invested in 4 emerging European startups. These startups include Brigad,Memrica, Otly and Hipromine.

Airbnb Plans to raise $850 Mn after Last Year’s Massive Funding Of $1.6 Bn – After last year’s massive fundraiser of $1.5 Bn, Airbnb is planning to raise another $850 Mn.

Baker Raises $1.6mn Funding to Aid One of The Most Challenging Industries, Cannabis a.k.a Marijuana – Baker’s recent funding of $1.6mn is to increase the customer footfall at marijuana retailers.

Aero-Sports Equipment Maker Startup, Wefly Raises Funding From Hong-Kong! Hong Kong-based investment firm Swastika Company has acquired a 20% stake in the Mumbai-based startup, Wefly.

India’s 1st Hybrid Tutoring Platform, Genext Students Raises $209K From 1Crowd– Recently, Genext Students raised a funding of $209K (INR 1.4Cr) from 1Crowd. The funds will be used to accelerate product technology development and enhance its marketing efforts.

E-commerce Startup Jazzmyride En Route to Success -A New Delhi-based startup, which has a staff of 50, generated Rs.20 crore in revenue in 2015-16—a 100% year-on-year growth!

 

ACQUISITIONS – Checkout all startup acquisition and mergers news.

Microsoft Owns Beam to Enhance Interactive Game Streaming CapabilitiesRecently, Microsoft announced its acquisition of Beam, a live-streaming interactive service that lets gamers play and watch along with streamers in real-time.

Facebook Partners with Kochi’s Startup Village Facebook teams up with the Startup Village to aid the budding Indian entrepreneurs.

Musical Selfie Startup EyeGroove Merge with Facebook – The team from Eyegroove, a musical selfie startup, has joined Facebook to create new tools for the better experience of Facebook users.

Intel Acquires Deep Learning Startup for $350 M – Recently, Intel has acquired Nervana Systems, a two-year-old, San Diego-based deep learning startup that provides robust AI solutions.

Polish 3D Printer Startup Zortrax Lied about Indenture with Dell – The Poland-based startup, Zortrax that deals in polish 3D printers, made a false statement about its contract with Dell for 5000 printers in 2014.

Walmart Publicize Acquisition of Startup Jet.com for $3bn – Recently, the e-commerce startup, Jet.com was acquired by Walmart for $3bn. This deal will probably include Jet.com’s proprietary technology, supplier contacts, and customer list.

Apple Acquires a US-Based Startup, Turi – Recently, Apple acquired US-based startup, Turi for $ 200 million. Turi is a machine learning platform for data scientists and developers.

INNOVATION – Startup news on most innovative product or service.

Order Food from Google Search Page – Google India comes out with a new feature for placing orders and reserving tables online directly via its search results page.

Mahindra Plans to Come out With Self-Driving TractorsMumbai-based Mahindra & Mahindra (M & M) is walking on the path of Tesla, nuTonomy, Mercedes-Benz and Google who are working on self-driving vehicles.

Grobo Lets You Grow Your Own Weed As Well As Crops Indoors – Canadian startup, Grobo develops a smart innovative home gardening system that helps you to grow your own vegetables, fruits, crops as well as the weed with the minutest effort.

US Startup All Set to Launch World’s First Reality Camera Satellite – US-based startup SpaceVR recently announces its launch of the world’s first virtual reality camera satellite into space in June 2017.

US Startup Verifly Launches On-demand Drone Insurance – Unmanned aerial vehicle use in the U.S. has now been insured via Verifly. It is available to drone users with a new mobile app and service that has been under construction since 2014.

Soylent Launches Coffiest and Step into Beverage -After food, the US-based startup, Soylent a meal replacement beverage maker is now coming for morning coffee. They call it Coffiest and believe that it is more than a coffee.

Jugnoo’s Launch of Lunch Delivery Service ‘Meals’- An Aid To Its Hyper-Local Grocery Platform FatafatRecently, Chandigarh-based SoCoMo Technologies Pvt. Ltd. that runs Jugnoo, launches an on-demand lunch delivery service called “Meals”.

Air-Purifier by Xiaomi in Its Way to IndiaXiaomi, Chinese tech & Smartphone Company is about launch air purifiers in the Indian market soon.

Sammy Proves to Be the Best Solution for Boat Parking IssueSammy, a Greek startup was launched and sponsored by the European Union’s Seventh Framework Program. This application allows skippers reserve the spot for their boat at the harbor.

Orkut Founders Are Back With an Innovative ApproachAfter the failure of Orkut, the founders, Orkut Büyükkökten and Githin Jose make another effort to grab the attention of people with the new social network Hello.

SmartPath Is Here To Help You Manage Your Income – SmartPath aspires to assist low-income people to manage their finances more effectively by allowing them to ensure they spend less than they earn.

Yahoo Launches A TV-Watching site, Yahoo View – Yahoo introduces a new TV watching site called Yahoo View that features Hulu’s free content.

New Fashion App That Helps You to Style like Your Favorite Celeb! – Craves is the new fashion app that helps you to find out what the celebs are wearing. So, you can replicate the way they dress by looking for similar clothes on the app itself.

iTank : The New Revolutionary Three-Wheeled Scooter – Ram Karthik, the brain behind Zeitgeist electric bike has recently come up with a new innovation; three-wheeled scooter called as Doohan Ev3 iTank.

Printo Brings up Print Instantly to Make Printing Easier – Printo, the Bengaluru-based startup has launched the first mobile driven platform for instant printing known as Print Instantly or Pi.

Latest 4D Technology to Be the Cure for Unhealthy Lungs: Research – A 4-D lung scanning technology is recently introduced by a team of Australian researchers that has possibilities of renovating treatments for lung ailments around the globe.

Adidas Back to Atlanta with a New Shoe Factory Staffed by Robots – Recently, Adidas announced to initiate a robot-staffed second ‘Speedfactory’ in the US by the end of 2017.

Japanese Startup Liquid Inc. Introduces Biometric Payments – The Tokyo-based startup, Liquid Inc. introduces biometric payments. Now you can make payments with just the tip of your finger!

Modifi Lets You Turn Your Old Smartphones into Security Devices– Seattle-based startup, Modifi has come up with an excellent way to reuse our old smartphones by converting them into security device and baby monitors.

A Chance to Know If Apple Has Any Flaws- Launch of Bug Bounty Program – Apple’s Head of Security Ivan Krstic announces the long-awaited launch of Bug Bounty Program at the Black Hat Conference, an annual event designed for the global InfoSec community.

Reality Show for Indian Startups to Launch in October – TV Reality Show “The Vault” could truly be the next big thing the country needs. With the growing attention that the startups around the country are constantly getting, why not just air it?

Scientist From MIT Has Developed Rapid Self-Tinting Windows. – Three scientists from MIT developed trailblazing self-tinting windows that will alter itself from dark to clear and clear to dark shades without using electricity.

Major Step Taken by Google Gmail to Beat Email Spoofing – VerySoon, Google will enable new security warnings for Gmail Android and web users that will exhibit a question mark in place of sender’s profile picture or corporate logo, if the message can’t be legitimated.

Startup News – Checkout the latest buzz.

iPhone 7 Says Yes to Dual Camera, No to Headphone Jack – This time there are major changes in the new handset. It will have new advanced photography abilities, elevated hardware, and same design as of last year’s mobile devices.

Microsoft starts testing next major update for Windows 10’s – As per reports, Microsoft is planning to bring two major Windows 10 updates in 2017.

Take your Xbox everywhere with the ‘Xbook One S’ – Microsoft’s Xbox One S gaming console has now been made portable with the introduction of the Xbook One S, a tampered version of the original console that enables users to game on the go!

Global Online Short-Stay Accommodation Platform ‘HeyBnb’ Enters India HeyBnb(HeyBednBreakfast) is a global company involved in the short stay accommodation space and has recently entered the Indian market with business operations in Silicon Valley of India, Bangalore.

DST Launches $15M Startup Program NIDHIThrough the Department of Science and Technology (DST), Initiative-NIDHI aims to provide financial support to 20 student startups each year.

Facebook Is Testing Its New Wi-Fi Service in India Facebook is testing its internet service Express Wi-Fi in India for commercial rollout, as per the reports.

Startup Hampton Creek Dispatch Employees to Buy Its Own ProductAs per reports, thisUS-based startupuses this formula just to make their product “Just Mayo” popular and to attract investors.

Indian Travel Startup Embarq Organizes Silk Route Trip Embarq is an Indian travel startup that organizes Silk Route Trip, better known as a motorcycle and self-drive car road trip.

Arianna Huffington Moves On To New Startup Thrive GlobalThe co-founder and Editor-in-Chief at the Huffington Post, Arianna Huffington, decided to resign from her role to focus on her new wellness startup called Thrive Global.

US-Based Startup Skully Gone Bankrupt – This startup had run out of money.Hence, it is officially closed down.

LeEco Makes Comeback with a Plan to build $1.8 Billion EV Factory – Chinese Technology Company, LeEco recently proclaims its plans to invest over $1.8 billion for building an autonomous electric car manufacturing factory.

Apple Rehires Evan Doll For His Health Related Software – Co-Founder of Flipboard has been hired by Apple Inc. to show his talent in developing health-related software for the company.

Fisker Karma Unveils Photos Of Its Much Talked About Solar Powered Karma Revero – Fisker is back with their new car, Karma Revero, boasting of an ingenious design, unique solar roof, and an in-built infotainment system.

Apple’s iPhone 7 could Have Touch Surface Button; Instead Of the Same, Old Home Button– There is a report that there will be no longer physical old home button in the upcoming device; iPhone 7, but a pressure sensitive touch surface button.

Google Takes a Step Forward to Enhance Its Google Now Feature – Type something in Google’s search box and got the exact information about that specific topic. Google brings up its experimental feature called “Explore Interests” for searching more precisely.

Apple Patents For New All-glass iPhone 2017 With Curved Sidewall Display – As per reports, the next model, which will be launched in the year 2017 will be lot different than the usual iPhone models. The new devices will have all- glass iPhone with curved edge OLED display.

Skully Founders Used Campaign Raised Money on Strip Clubs and Sports Car Says Lawsuit – A recent lawsuit claims that the company founders; Marcus and Mitchell Weller have utilized all the campaign raised funds from Indiegogo for luxuriant lifestyles.

Jugnoo Lets You Play Pokémon Go, On The Go! – Jugnoo, the popular rickshaw app has decided to include a version of Pokemon Go for those travelling with Jugnoo can play on the go!

Twitter Denies the Rumors of its Closure in 2017There werefake rumors about shutting down of Twitter in 2017 are in the air these days. According to news sources, Twitter has completely denied this rumor.

Flipkart’s first International office in the Silicon ValleyThe opening of Flipkart’s first international office in Silicon Valley, California will bring a boatload of benefits to the already prosperous company.

Blendle Gains 1 Million Sign Ups for Its Pay-Per-Article Journalism Platform– Recently, 1 million users registered in and this is the result of such a low charges for per article. Blendle takes only two years to get this huge list of sign ups.

Startup-Buzz Blog – Collective set of research articles filled with information.

Gaming – Then and Now– Here is a look at the rich and varied history of video games, its present popularity, and what the future of video gaming looks like.

Will Prisma Stay In The Race Or Be Bought? The growth plans of Prisma sound strong and convincing. But the startup needs funding to execute such plans. It is in talks with the investors for funding,

How These Entrepreneurs Are Redefining Communication to Reshape Businesses – Entrepreneurs are doing their best to stand out to get their message across to the consumer and some of these would be highlighted in this article.

Buddies Who Launched A Company and Stuck Together – Here are few examples of some of the buddies who started the company and stuck together through the ups and downs of their business.

5 Things That Women Entrepreneur Can Learn from Hillary Clinton’s Acceptance Speech -It’s the first time that it looks that the scales may tip in a woman’s favour especially in the US presidential Election. It was a historic day for women as they can learn a lot from Hillary Clinton’s speech.

Startup-buzz updates for this week have come to an end. Now it’s Time to say Goodbye. See you with another weekly roundup, the following Sunday. Till then, have a great Weekend!

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Startup-Buzz Team

Startup-Buzz Team

Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

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