Tagged: silicon valley

Despite Kickstarter Fame Pebble Lays Off 25% Of Its Staff

Last year, Pebble hit Kickstarter for its new watch and surpassed its initial goal within just mere hours. By the end of its funding round, the startup gained $20,338,986 from 78,471 backers, which made its initiative the most funded project on the crowdfunding giant’s platform. The company previously found… Read More

Major Japanese Bank Mitsubishi UFJ Said To Create Division For Fintech Research

Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More

KXTER Debuts Crowdfunded Silicon Valley Venture Fund

Earlier this week, KXTER, Inc. launched a new crowdfunded Silicon Valley venture fund that is designed to offer individual investors the opportunity to access multiple venture investment strategies and managers in a single closed-end fund. The Kxter Fund One LLC (the “Fund”), which already holds positions in several… Read More

Silicon Valley vs London? No Competition, London Fintech Dominates, Says UK Treasury Fintech Envoy Eileen Burbidge

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

Kickstarter Alum MOCACARE Secures $2M In Additional Funding

MOCACARE, a Silicon Valley based company at the heart of the connected health movement, announced it has raised a further $2m in venture capital funding, bringing its total investment to over $4 million. This latest investment was led by JDM Mobile Internet Solutions Co., Ltd.,… Read More

Titan Airways Selects Crowdfunding Success Zendure A5 External Battery to Charge iPads for Pilots

Zendure, a Silicon Valley consumer electronics company, announced that its flagship product, the Zendure A5 external battery with 16,000mAh capacity, was selected by Titan Airways, a UK charter airline that specializes in VIP and corporate travel, to power the iPads in their EFBs (electronic flight bags)…. Read More

Search Engine For Vacation Homes & Short-Term Rentals Tripping.com Closes $16M Series B Financing Round

Tripping.com, a search engine for vacation homes and short-term rentals, announced it has raised $16 million in Series B financing from investors across New York, Silicon Valley, Asia, and Europe. This news coincides with the unveiling of significant growth statistics, including a 2,918% increase in… Read More

Smartphone App STAND Raises $2.25M During Seed Funding Round; Names Twitter’s Co-Founder Biz Stone as Chairman of the Board

On Thursday, photo-friendly smartphone app, STAND,  announced it has raised $2.25 million seed funding round, which was led by Resolute Ventures, with participation from Silicon Valley influencers including Jack Dorsey, Twitter/Square; Greylock Discovery (Josh Elman); Fresco Capital (Tytus Michalski and Stephen Forte); Meng Tan, Google; Doug… Read More

MODE, Inc. Debuts Full-featured Cloud Platform; Secures $775,000 During Seed Round

Earlier this week, San Mateo, California startup MODE, Inc., announced the official launch of a platform designed to help developers and emerging brands delivering Internet of Things (IoT) solutions. In addition, the company secured $775,000 in seed funding, led by Metamorphic Ventures, Kleiner Perkins Caufield Byers, and several angel investors… Read More

Silicon Valley’s Wearality Corporation Unveils Advanced Virtual Reality Headset on Kickstarter

On Monday, Silicon Valley startup, Wearality Corporation, announced the launch of its Kickstarter campaign for its first product, the Wearality Sky Virtual Reality (VR) headset. The Wearality Sky is compatible with all 5” and 6” smartphones and offers the best user experience with the highest level of portability and… Read More

California’s Liquidity Seeks Funds Through Kickstarter For Cleaner Water Filter Bottle

Liquidity, a Silicon Valley startup, today announced that its recently debuted revolutionary Naked Filter water bottle through a new campaign on crowdfunding giant, Kickstarter. The goal of Naked Filter’s funding project is to test consumer interest and support key remaining steps needed to launch the product. By helping the… Read More

Incubators: London vs. Silicon Valley? London’s Fintech Community Overwhelmingly Votes for Their Own

London’s fintech (financial technology) community is making waves, according to an article in Startups. Three-quarters of the fintech community there believe that London is a better incubator than global tech hubs like Silicon Valley, according to a recent survey of technology influencers conducted by Seven… Read More

PayPal Mafia & Kiva President Premal Shah Joins Crowdfunding Platform Watsi’s Board

On Friday (January 23rd), crowdfunding platform Watsi announced that Premal Shah, part of the PayPal Mafia and President of Kiva, has joined its board of directors. Watsi is a platform that connects patients in developing countries with donors who directly fund their treatment, is one of… Read More

Independent Winemaker Raises $1M on NakedWines to Produce Dream Wine

Amateur winemaker Tom Shula announced today he has secured $1M for an independent winemaking venture. Shula, a trained theoretical physicist, and now real estate broker “by day” plans to produce a 100 percent Merlot from Pickberry Vineyard, a unique 30-acre vineyard located on the northeast slope of Sonoma Mountain near Glen Ellen,… Read More

Norway-Based Kuddle Announces New Fundable Campaign; Seeking to Raise $4.7M

Picture sharing app for kids, Kuddle, announced the launch of its crowdfunding campaign on Fundable. The Norwegian company revealed it is aiming to raise $7.4 million so that it may continue to expand. According to Reuters, Kuddle launched last August and allows parents to monitor… Read More

Fitmark Introduces First Crowdfunding Platform Dedicated to High-Quality Gym Bag Creation

Fitmark, a leading bag company for fitness and sports enthusiasts, expands their e-commerce website and digital bag creation capabilities by creating new crowdfunding platform, The Playing Field. This new and creative way of utilizing the power of crowd funding takes the power of creating custom,… Read More

XOEye Technologies Announces $2 Million Series A Round to Fuel Hiring & Company Expansion in Enterprise Wearables Market

XOEye Technologies, a enterprise wearables solutions company that is reshaping industrial business processes,  announced on Monday (December 8th) the commitment of $1.5 million towards its $2 million Series A funding round. The financing round, which will remain open for 90 days, is currently co-led by venture… Read More

Watch Out, Marty McFly! “Back to the Future” Inspired Hoverboard Smashes $250,000 Goal in Less Than Two Days on Kickstarter

It’s FINALLY happening! On Tuesday (October 21st),  an ACTUAL hoverboard officially hit the crowdfunding giant, Kickstarter! Not only has it become super popular with the Back to the Future fans (myself included), it has also achieved its initial $250,000 campaign goal within only two days! For those who have seen Back to… Read More

Crowdfunding Platform Swarm Announces Its First Class of Startups

Bitcoin-powered crowdfunding platform Swarm announced its first class of startups that will be featured on its website earlier this week. According to its description, Swarm is “Kickstarter powered by Bitcoin technology.” It allows regular people to fund the startups they like, while entrepreneurs raise more… Read More

LendInvest’s Co-Founder Christian Faes Interviewed: UK vs US P2P Equity (Video)

Christian Faes, LendInvest Co-Founder compares Silicon Valley with the London FinTech scene and shares his view on peer-to-peer equity in the UK versus the US. In the video below, Faes expresses the importance of investors being aware of the risks involved in equity lending and… Read More

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