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What we know (and don’t) about Goldman Sachs’ Africa VC investing

What we know (and don’t) about Goldman Sachs’ Africa VC investing Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though […]

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Inovat modernizes tax reimbursement for streamlined international shopping

Inovat modernizes tax reimbursement for streamlined international shopping If you’ve ever traveled to Europe and purchased something, you’re either likely aware that you can get the Value-Added Tax (VAT) reimbursed once you depart since it’s actually only intended for taxpaying residents of the country wherein its charged. Whether or not you actually […]

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Daimler and Bosch take a mixed mobility approach to autonomous vehicles

Daimler and Bosch take a mixed mobility approach to autonomous vehicles A fleet of Mercedes-Benz S Class vehicles are now plying the roads of San Jose, California as part of a robotaxi pilot project that Daimler and Bosch have been developing for two and a half years, but the launch itself could […]

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‘Magic: The Gathering’ game maker exposed 452,000 players’ account data

‘Magic: The Gathering’ game maker exposed 452,000 players’ account data The maker of Magic: The Gathering has confirmed that a security lapse exposed the data on hundreds of thousands of game players. The game’s developer, the Washington-based Wizards of the Coast, left a database backup file in a public Amazon Web Services […]

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Former Stitch Fix COO Julie Bornstein is rewriting the e-commerce playbook

Former Stitch Fix COO Julie Bornstein is rewriting the e-commerce playbook More than two years after Julie Bornstein–Stitch Fix’s former chief operating officer–mysteriously left the subscription-based personal styling service only months before its initial public offering, she’s taking the wraps off her first independent venture. Shortly after departing Stitch Fix, Bornstein began […]

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Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe

Lookiero closes M led by MMC Ventures to be the Stitch Fix for Europe Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and […]

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Roblox announces new game creation tools and marketplace, $100M in 2019 developer revenue

Roblox announces new game creation tools and marketplace, 0M in 2019 developer revenue A week after gaming platform Roblox announced its new milestone of 100 million monthly users — topping Minecraft — the company said at its fifth annual developer conference that its developer community is on track to earn $100 million […]

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Fortnite World Cup has handed out $30 million in prizes, and cemented its spot in the culture

Fortnite World Cup has handed out million in prizes, and cemented its spot in the culture The Fortnite phenomenon — the wildly popular battle royale game from Epic Games — has manifested itself in concerned articles, cultural shoutouts and now has sealed its place in the cultural firmament by wrapping up its […]

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Cities must plan ahead for innovation without leaving people behind

Cities must plan ahead for innovation without leaving people behind Yung Wu Contributor Yung Wu is the CEO of MaRS Discovery District, a Toronto-based innovation hub. More posts by this contributor To actually change the world, Big Tech needs to grow up From Toronto to Tokyo, the challenges faced by cities today […]

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Laundrapp and Zipjet merge to form largest on-demand laundry service in UK, seal new funding

Laundrapp and Zipjet merge to form largest on-demand laundry service in UK, seal new funding Two of Europe’s biggest on-demand laundry startups are merging today. Laundrapp from London and Zipjet from Berlin are confirming the completion of a previously-rumored merger through which the combined business will become the largest on-demand laundry business […]

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