EconomyWeb | Global Economic Outlook
STARTUP • News
Open banking platform Tink raises €90M at a post-money valuation of €415M
January 20, 2020
Tink, the European open banking platform, is disclosing €90 million in new funding, just 11 months after the Sweden-headquartered company announced a €56 million round of funding. Co-leading this new round is Dawn Capital, HMI Capital and Insight Partners. The round also includes the incumbent postal operator and Italy’s largest financial services network Poste Italiane […]
As Alphabet crests the $1T mark, SaaS stocks reach all-time highs of their own
January 17, 2020
Continuing our irregular surveys of the public markets, two things happened this week that are worth our time. First, a third domestic technology company — Alphabet — passed the $1 trillion market capitalization threshold. And, second, software as a service (SaaS) stocks reached record highs on the public markets after retreating over last summer. The […]
Eaze’s struggles reflect falling VC interest in cannabis startups
January 17, 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday, TechCrunch reported that Eaze, a well-known cannabis-focused startup, is struggling to stay in business amidst a cash crunch, leadership turmoil, banking issues and a business model pivot. It’s a compelling, critical read. The news, however, […]
Harvestr gathers user feedback in one place
January 17, 2020
Meet Harvestr, a software-as-a-service startup that wants to help product managers centralize customer feedback from various places. Product managers can then prioritize outstanding issues and feature requests. Finally, the platform helps you get back to your customers once changes have been implemented. The company just raised a $650,000 funding round led by Bpifrance, with various […]
Chinese podcasting and audio content app Lizhi debuts on Nasdaq
January 17, 2020
Lizhi, one of China’s biggest audio content apps, is debuting on Nasdaq today under the ticker symbol LIZI. It is the first of its major competitors, Ximalaya and Dragonfly, to go public (though Ximalaya is expected to also list in the United States later this year). Lizhi is offering 4.1 million shares at an IPO […]

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STARTUP • Business
Apple CEO calls for global corporate tax system overhaul
January 20, 2020
Though it's one of the world's largest beneficiaries of favorable Irish tax minimization strategies, Apple is now calling for reform of the global loophole.
Venture Deals
Arpeggio Bio Raises $3.2M in Seed Funding
January 17, 2020
BOULDER, CO, Arpeggio Bio has closed a $3.2 million seed financing round.
Phenom People Scores $30M in Series C
January 17, 2020
PHILADELPHIA, PA, Phenom People announced $30 million in Series C funding.
Health Scholars Bags $17M in Series B
January 17, 2020
WESTMINSTER, CO, Health Scholars announced the successful completion of a $17M round of fundraising.
Cyral Reveals $15.1M Funding
January 17, 2020
REDWOOD CITY, CA, Cyral announced the close of an $11 million Series A funding round led by Redpoint Ventures.
Arcesium Announces Strategic Investment
January 17, 2020
NEW YORK, NY, Arcesium announced that J.P. Morgan has invested in the company.
6sense Scoops Up $40M Series C
January 16, 2020
SAN FRANCISCO, CA, 6sense, the leading Account Based Orchestration Platform, powered by AI, today announced $40 million in Series C funding from Insight Partners.
Venture Capital
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STARTUP • Trends
Go read this NYT expose on a creepy new facial recognition database used by US police
January 20, 2020
Facial RecognitionIllustration by James Bareham / The Verge

Hundreds of law enforcement agencies across the US have started using a new facial recognition system from Clearview AI, a new investigation by The New York Times has revealed. The database is made up of billions of images scraped from millions of sites including Facebook, YouTube, and Venmo. The Times says that Clearview AI’s work could “end privacy as we know it,” and the piece is well worth a read in its entirety.

The use of facial recognition systems by police is already a growing concern, but the scale of Clearview AI’s database, not to mention the methods it used to assemble it, is particularly troubling. The Clearview system is built upon a database of over three billion images scraped from the internet, a process which may have...

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Technology Trends
Homepage Template
January 20, 2020
CES 2020
January 18, 2020
Internet Trends
Byte Me #11: The Naked Philanthropist, brofanity, and muff candles
January 20, 2020

Subscribe to our monthly Byte Me newsletter NOW! Welcome back to Byte Me, our feminist newsletter that makes everyone mad <3 Some updates from us: Cara is continuing to shock Britain with her football prowess — her team has moved up to a higher league. While Anouk’s trampolining classes have unfortunately been canceled, her terrifying cat is still very large. Gigi is going through a housing crisis, so she’s very tense, but going to the movies a lot — to continue the pussy theme, Cats has been her (un-ironic) favorite. Also, Cara and Gigi both have birthdays this month, so wish us happy birthday.…

This story continues at The Next Web
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STARTUP • Insights
Germany's Sono says has raised 50 mln euros for solar powered car
January 20, 2020
FRANKFURT, Jan 20- German solar-powered electric car startup Sono Motors said it had raised 50 million euros from a crowd-funding campaign to develop a solar-powered vehicle. Munich- based Sono has attracted engineers from Nissan, Opel and Honda to develop the Sion, an electric car clad in crystalline silicon cells, which give the vehicle up to 30 km of electric...
Startup Insights
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STARTUP • Hints
Elon Musk Expect's SpaceX's First Crewed Mission Between April and June
January 20, 2020
Crew Dragon could live up to its name this spring.
Go From Unmotivated to Goal-Oriented With These Hacks
January 20, 2020
Learn to be a high-achiever by acting like one.

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STARTUP • Stories
Can we ever trust Google with our health data?
January 20, 2020
The technology company will need to persuade patients to hand over some of their most personal information
Vietnam’s biggest mobile company to roll out 5G services
January 20, 2020
Viettel will bypass Huawei and use technology it has developed itself
ICAP founder gives backing to £100m fintech fund
January 20, 2020
Michael Spencer to invest £25m in markets technology fund Element Ventures
Samsung names new smartphone chief
January 20, 2020
South Korean electronics group faces rising competition from rivals like Huawei 
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