EconomyWeb | Global Economic Outlook
With $4B food delivery acquisition, Korea poised to enter upper tier of startup hubs
December 15, 2019
Seoul and South Korea may well be the secret startup hub that (still) no one talks about. While often dwarfed by the scale and scope of the Chinese startup market next door, South Korea has proven over the last few years that it can — and will — enter the top-tier of startup hubs. Case […]
Startups Weekly: This year in startups
December 14, 2019
In this week's newsletter: The moments that defined venture capital and startups in 2019.
Grading the final tech IPOs of 2019
December 13, 2019
As the holiday slowdown looms, the final U.S.-listed technology IPOs have come in and begun to trade. Three tech, tech-ish or venture-backed companies went public this week:, Sprout Social and EHang. Let’s quickly review how each has performed thus far. These are, bear in mind, the last IPOs of the year that we care […]
Consumer sous vide startup Nomiku is winding down operations
December 13, 2019
Founded in 2012, Nomiku became a plucky Silicon Valley darling by bringing affordable sous vide cooking to home kitchens. A Kickstarter project that same year generated $750,000, several times its $200,000 goal. The company scored a glowing TechCrunch profile the following year, as well, thanks in part to a great backstory. Today, however, the company […]
The newest members of the $100M ARR club
December 13, 2019
Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re taking stock of a cohort of special companies: still-private startups that have reached $100 million in annual recurring revenue (ARR). Our goal is to understand which startup companies are actually exceptional. This late […]

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STARTUP • Business
Animoca Brands acquires Power Rangers game developer nWay for $7.69 million
December 16, 2019
Animoca Brands has agreed to acquire nWay, developer and publisher of Power Rangers: Legacy Wars for $7.69 million.
Venture Deals
LeanTaaS Secures $40M in Series C-3
December 13, 2019
SANTA CLARA, CA, LeanTaaS has closed a $40 million Series C3 round of financing from Goldman Sachs' Merchant Banking Division.
Laudio Secures $7.3M in Series A
December 13, 2019
BOSTON, MA, Laudio recently announced it has completed a $7.3M Series A round of financing led by InHealth Ventures and .406 Ventures.
Theatro Closes $20M Series C Funding
December 13, 2019
DALLAS, TX, Enterprise mobile voice platform in the market, today announced it has secured a $20 million Series C investment.
EdCast Snares $35M Series D Funding Round
December 13, 2019
SAN FRANCISCO, CA, EdCast announced today the close of its $35 million Series D financing round led by Avathon Capital. Closes $25M Round
December 13, 2019
SAN FRANCISCO, CA, announced the closing of its $25 million round, led by Intel Capital.
Perfect Day Receives $140M Series C Round
December 12, 2019
BERKELEY, CA, Perfect Day today announced the closing of $140 million Series C funding round.
Venture Capital
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STARTUP • Trends
Wham!’s Last Christmas has been remastered in 4K and it looks incredible
December 15, 2019

Christmas has arrived early this year, in the form of a 4K remaster of Wham!’s iconic “Last Christmas” music video. It’s living proof that the 1980s did really happen, complete with the crazy hair styles, shell suits, and shoulder pads of the ‘80s. The track was originally released 35 years ago in December 1984, and Sony Music Entertainment has now remastered the original footage in 4K.

The best way to describe it is... odd. It’s like watching people dress up in ‘80s costumes because the remaster is so good. I had to personally play it back side-by-side with the original “Last Christmas” video on YouTube to make sure they didn’t hire actors to recreate it. The indoor scenes and snow ball fights look incredible, especially when we’re used...

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Technology Trends
Internet Trends
China’s failed ‘baby gene’ experiment proves we’re not ready to edit human embryos
December 15, 2019

More than a year ago, the world was shocked by Chinese biophysicist He Jiankui’s attempt to use CRISPR technology to modify human embryos and make them resistant to HIV, which led to the birth of twins Lulu and Nana. Now, crucial details have been revealed in a recent release of excerpts from the study, which have triggered a series of concerns about how Lulu and Nana’s genome was modified. How CRISPR works CRISPR is a technique that allows scientists to make precise edits to any DNA by altering its sequence. When using CRISPR, you may be trying to “knock out”…

This story continues at The Next Web
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STARTUP • Insights
Fintech startup Qwil raises $24.4 million in equity and $200 million in debt
December 11, 2019
NEW YORK, Dec 11- Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday. The equity round was led by venture firm PeakSpan with participation by Mosaik Partners, Reciprocal Ventures,...
Startup Insights
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5 Security Trends to Watch in 2020
December 15, 2019
From people to products, the cybersecurity industry is advancing at a rapid pace.
Why Persistence Wins Out in Hollywood
December 15, 2019
Actor and musician Ryan Ochoa shares his thoughts on why persistence is an essential component for succeeding in the competitive entertainment industry.

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STARTUP • Stories
Meituan Dianping shows route to food delivery profits
December 15, 2019
‘Superapp’ becomes China’s third most valuable tech group after reversing losses
Russian web company Nginx complains over police raid
December 15, 2019
Company under criminal investigation as it battles with Rambler
Beijing’s patriotic PC shift threatens foreign techs
December 14, 2019
Push to use Chinese-made computers in government offices also poses local challenge
Huawei draws Hong Kong-style blowback
December 14, 2019
iPhone camera focus, WiFi passwords, Xbox Series X
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