EconomyWeb | Global Economic Outlook
Synthetaic raises $3.5M to train AI with synthetic data
October 20, 2020
Synthetaic is a startup working to create data — specifically images — that can be used to train artificial intelligence. Founder and CEO Corey Jaskolski’s experience includes work with both National Geographic (where he was recently named Explorer of the Year) and a 3D media startup. In fact, he told me that his time with […]
Root targets $6B+ valuation in pending IPO, a boon for insurtech startups
October 20, 2020
This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO. The former startup follows insurtech leader Lemonade to the public markets during a year in which IPOs have been well-received by investors focused more […]
As startups accelerate in record Q3, Europe and Asia rack up huge VC results
October 20, 2020
Venture capital activity in Europe and Asia saw a strong return to form in Q3, data indicates. The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the United States saw in the third quarter were not a fluke, but part of a broader […]
There’s a housing crisis, and Abodu wants to solve it fast with quality backyard homes
October 20, 2020
Housing prices have soared in many markets across the United States over the past decades as populations have grown, square footage has increased, and new unit construction has languished. Houses that were once tens of thousands of dollars have transformed due to zoning restrictions into million-dollar manses, leaving millions without affordable housing. Few regions have […]
Perch raises $123.5M to grow its stable of D2C brands that sell on Amazon
October 20, 2020
While Amazon gradually builds out its own-branded line of products, third-party sellers continue to account for a significant part of the transaction volume and growth on its marketplace — by one estimate, accounting for $200 billion of the $335 billion in gross merchandise value sold on Amazon in 2019. Today, in a twist on the […]

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STARTUP • Business
Snap shares jump 23% as Snapchat user growth and revenue beat estimates
October 21, 2020
Shares of Snap rallied 23% after the Snapchat owner beat user growth and revenue forecasts as more people signed up during the coronavirus pandemic.
Hewlett Packard Enterprise will build a $160 milllion supercomputer in Finland
October 21, 2020
Hewlett Packard Enterprise will build a supercomputer in Finland with a peak theoretical performance exceeding 500 petaflops.
Venture Deals
Sym Lands $9M Series A
October 20, 2020
SAN FRANCISCO, CA, Sym, the security workflow platform for engineers, today announced it raised $9 million in a Series A funding round.
Diality Secures $12.5M Series B Round
October 20, 2020
IRVINE, CA, Diality has closed a $12.5 million Series B investment round.
ThinkIQ Announces $11.6M Series A Financing
October 20, 2020
ALISO VIEJO, CA, ThinkIQ has raised $11.6 million in a Series A financing round.
Possible Scores $11M Series B Round
October 20, 2020
SEATLLE, WA, Possible raises $11 million in new equity funding to expand the team and to provide additional products for its customers.
4iQ Receives $30M Series C Funding
October 20, 2020
LOS ALTOS, CA, 4iQ, a leader in Cyber Intelligence, today announced $30 million in Series C funding.
Oula Launches With $3.2M Seed Round
October 20, 2020
BROOKLYN, NY, Oula today announced the closing of its $3.2 million seed round to further its mission of creating a new standard for pregnancy care.
Venture Capital
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STARTUP • Trends
Vivo makes big expansion into Europe
October 21, 2020

Vivo, one of the largest smartphone brands in the world, is expanding its operations in Europe. The company will now sell phones and accessories in six new markets: the UK, France, Germany, Italy, Poland and Spain.

Vivo is kicking things off with the X51 5G flagship phone, essentially a rebranded version of the X50 that launched earlier in the year. Its headline feature is a “gimbal-style” camera system that is claimed to offer much-improved image stabilization.

The X51’s other features include ultrawide, 2x, and 5x telephoto cameras, a Snapdragon 765 processor, a 90Hz 6.56-inch 1080p OLED screen, 256GB of storage, a 4,315mAh battery, and 33W fast charging. It’ll cost £749 ($972) in the UK and go on sale on October 29th.


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Technology Trends
Internet Trends
How the new age spirituality of #manifestions can make companies toxic
October 21, 2020

Manifestation is the latest viral trend on social media, presented as a way to create – or physically manifest – your own reality through carefully monitoring thoughts, beliefs and feelings. The hashtag #manifest has over a billion views on TikTok alone. In these posts, advice is offered on manifestation as the mechanism to achieve the life you want, whether it is money, happiness, the body you desire, or exam grades. Techniques to manifest involve imagining something has already happened, visualizing it, writing it down, and using positive language such as “I have” rather than “I want”. To be successful at…

This story continues at The Next Web
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STARTUP • Insights
Lyra mental health service teams up with Calm meditation app
October 20, 2020
Calm and Lyra Health hope to treat a broader population of users and expand their base of employer customers. Pinterest is an early customer.
Startup Insights
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How much capital should you raise in your next investment round?
October 21, 2020
Many are the questions that an investor needs you to answer; some of the important ones and that, usually, are not dominated by the entrepreneur.
5 keys to eating during the home office
October 21, 2020
Food plays a key role in strengthening the immune system, reducing stress, increasing concentration, feeling more productive, giving us energy and of course keeping us healthier.

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STARTUP • Stories
Google antitrust case backed by rare Washington consensus
October 21, 2020
Action may differ to Microsoft in 1990s with closer scrutiny of tech sector likely to follow
European corporates signal earnings have bottomed out
October 21, 2020
Third-quarter results to show improvement from low hit as pandemic struck
Snap reaps the benefits of Facebook boycott fallout
October 20, 2020
Snapchat parent attracted record number of advertisers as rival grappled with content concerns
Netflix subscriber growth slows as lockdown boost fades
October 20, 2020
Streaming service’s shares drop 6% in after-hours trade as it also warns of a sluggish 2021
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