Ocean drone startup merger spawns SoFar, the DJI of the sea

What lies beneath the murky depths? SolarCity co-founder Peter Rive wants to help you and the scientific community find out. He’s just led a $7 million Series A for SoFar Ocean Technologies, a new startup formed from a merger he orchestrated between underwater drone maker OpenROV and sea sensor developer Spoondrift. Together, they’re teaming up […]

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Proxy raises $13.6M to unlock anything with Bluetooth identity

You know how kings used to have trumpeters heralding their arrival wherever they went? Proxy wants to do that with Bluetooth. The startup lets you instantly unlock office doors and reserve meeting rooms using Bluetooth Low Energy signal. You never even have to pull out your phone or open an app. But Proxy is gearing […]

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Meet the European startups that pitched at EF’s 11th Demo Day in London

Entrepreneur First (EF), the company builder and “talent first” investor, held its eleventh Demo Day in London this afternoon. The event included newly formed startups from EF’s London, Berlin and Paris cohorts, and represented a showcase of the investor’s now pan-European reach. Once again, the pitches took place in front of a near-overcapacity crowd at […]

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Artiphon raises $2M round led by Warner Music

Artiphon, the startup behind the electronic instrument that it’s dubbed the Instrument 1, has raised $2 million in seed funding. We previously described the Instrument 1 as a symphony, rock band and DJ that you can hold in your hand. It’s a device that allows you to create the sounds of a guitar, violin, bass, […]

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Goodly replaces lame office perks with student loan repayment

There are better employee perks than a ping-pong table. 70 percent of Americans graduate college with student loan debt. That’s 45 million people who owe $1.6 trillion. So when employers use Goodly to offer $100 per month in student loan payback for a $6 fee, talent sticks around. The startup found 86 percent of employees said […]

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SparkLabs Group launches its first university accelerator program at Arizona State University

SparkLabs Group, the network of accelerators and venture funds that has now worked with more than 200 startups around the world, wants to foster the next generation of entrepreneurs with a new program for universities. Called SparkLabs Frontier, the program’s first accelerator will launch at Arizona State University this summer. SparkLabs Frontier-ASU is open to […]

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Linear Labs’ next-gen electric motor attracts $4.5 million in funding

Linear Labs, a startup developing an electric motor for cars, scooters, robots, wind turbines and even HVAC systems, has raised $4.5 million in a seed round led by Science Inc. and Kindred Ventures.  Investors Chris and Crystal Sacca, Ryan Graves of Saltwater Ventures, Dynamic Signal CEO Russ Fradin, Masergy executive chairman and former-CEO Chris MacFarland, […]

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Lidar and perception startup Innoviz raises $132 million

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and […]

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