ProdPerfect gets $2.6 million to automate QA testing for web apps

ProdPerfect, a New York-based startup focused on automating QA testing for web apps, has announced the close of a $2.6 million Seed round co-led by Eniac Ventures and Fika Ventures, with participation from Entrepreneurs Roundtable Accelerator. ProdPerfect started when cofounder and CEO Dan Wilding was VP of engineering at WeSpire, where he saw firsthand the […]

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Uber said to be raising $1B at a $10B valuation for its self-driving car unit

The SoftBank Vision Fund is in talks to invest directly in Uber’s autonomous vehicle business, reports The Wall Street Journal.

View More Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Newsela raises $50M to expand a content repository for K-12 learning that replaces traditional textbooks

As schools continue to look for new ways to cut costs while at the same time reboot their curriculum to better tap new innovations and improve understandings of how children learn, e-learning startups are attracting attention, both from educators and the VCs that fund them to fuel growth. In the latest development, Newsela — which […]

View More Newsela raises $50M to expand a content repository for K-12 learning that replaces traditional textbooks

Determined AI nabs $11M Series A to democratize AI development

Deep learning involves a highly iterative process where data scientists build models and test them on GPU-powered systems until they get something they can work with. It can be expensive and time-consuming, often taking weeks to fashion the right model. Determined AI, a new startup wants to change that by making the process faster, cheaper […]

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Automation Hero picks up $14.5 million led by Atomico

Automation Hero, formerly SalesHero, has secured $14.5 million in new funding led by Atomico, with participation by Baidu Ventures and Cherry Ventures. As part of the deal, Atomico principal Ben Blume will join the company’s board of directors. The automation startup launched in 2017 as SalesHero, giving sales orgs a simple way to automate back-office […]

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Drivezy, India’s vehicle sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion

Drivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to use vehicles from a fleet managed by Drivezy — said it is raising more money as it gears up for the […]

View More Drivezy, India’s vehicle sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion

CXA, a health-focused digital insurance startup, raises $25M

CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health flexible options. That’s to say […]

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Harvard-MIT initiative grants $750K to projects looking to keep tech accountable

Artificial intelligence, or what passes for it, can be found in practically every major tech company and, increasingly, in government programs. A joint Harvard-MIT program just unloaded $750,000 on projects looking to keep such AI developments well understood and well reported.

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Investing app Stash raises $65M, launches banking and ‘stock-back’ rewards with Green Dot

Stash, the fintech startup and app that aims to introduce new people to the world of investing, is unveiling some interesting new services while also announcing that it has raised more funding to expand its business. The company is introducing mobile-based banking accounts from Green Dot Bank; and alongside it, a new rewards program it […]

View More Investing app Stash raises $65M, launches banking and ‘stock-back’ rewards with Green Dot

PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse

It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of […]

View More PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

View More Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans