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Friday, August 17, 2018

Y Combinator invests in non-invasive breast cancer screening bra EVA

According to a report by the American Cancer Society, an estimated 266,120 women will be newly diagnosed with breast cancer in the United States this year and (according to a 2016 estimate) can expect to pay between $60,000 and $134,000 on average for treatment and care. But, after hundreds of thousands of dollars and non-quantifiable emotional stress for them and their families, the American Cancer Society still estimates 40,920 women will lose their battle to the disease this year. Worldwide, roughly 1.7 million women will be diagnosed with...

Movado Group acquires watch startup MVMT

The Movado Group, which sells multiple brands including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. The acquisition of MVMT will provide us greater access to millennials and advances our Digital Center of Excellence initiative with the addition of a powerful brand managed by a successful team of highly creative, passionate...

YC-backed Mutiny helps B2B business personalize their website for each visitor

Mutiny, which is part of the current batch of startups at accelerator Y Combinator, helps business-to-business, software-as-a-service companies present a message that’s customized to each visitor on their website. Co-founder and CEO Jaleh Rezaei said this concept is alive and well in the analog world: When she was at VMware, sales reps were given materials to help them tailor their pitch for each prospective customer. Then, when she was one of the early employees at HR services startup Gusto, she tried to do something similar online, only to find...

6 million users had installed third-party Twitter clients

{rss:content:encoded} 6 million users had installed third-party Twitter clients https://ift.tt/2BlF7vf https://ift.tt/2MzPSOW August 17, 2018 at 09:11PM Twitter tried to downplay the impact deactivating its legacy APIs would have on its community and the third-party Twitter clients preferred by many power users by saying that “less than 1%” of Twitter developers were using these old APIs. Twitter is correct in its characterization of the size of this developer base, but it’s overlooking millions of third-party app users in the process. According...

YC-backed Sterblue aims to enable smarter drone inspections

As government regulation for commercial drone usage seems to be trending in a very positive direction for the companies involved, there is an ever-growing opportunity for drone startups to utilize artificial intelligence to deliver insights without requiring much human effort. Sterblue, a French drone software startup that is launching out of Y Combinator’s latest class of companies, is aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that need a second look. The startup’s...

Incentivai launches to simulate how hackers break blockchains

Cryptocurrency projects can crash and burn if developers don’t predict how humans will abuse their blockchains. Once a decentralized digital economy is released into the wild and the coins start to fly, it’s tough to implement fixes to the smart contracts that govern them. That’s why Incentivai is coming out of stealth today with its artificial intelligence simulations that test not just for security holes, but for how greedy or illogical humans can crater a blockchain community. Crypto developers can use Incentivai’s service to fix their systems...

A new foreign investment bill will impact venture capital and the US startup ecosystem

Bobby Franklin Contributor Bobby Franklin is the president and chief executive of the National Venture Capital Association and previously served as an executive vice president for the CTIA – The Wireless Association. More posts by this contributor The startup community must defend merit-based immigration Ensuring foreign-born founders can grow their startups in the U.S. President Trump’s time in office has been punctuated by rising tension with China on a host of economic issues. He’s received bipartisan criticism for the impact of tariffs...

Klarity uses AI to strip drudgery from contract review

Klarity, a member of the Y Combiner 2018 Summer class, wants to automate much of the contract review process by applying artificial intelligence, specifically natural language processing. Company co-founder and CEO Andrew Antos has experienced the pain of contract reviews first hand. After graduating from Harvard Law, he landed a job spending 16 hours a day reviewing contract language, a process he called mind-numbing. He figured there had to be a way to put technology to bear on the problem and Klarity was born. “A lot of companies are employing...

Thursday, August 16, 2018

DoorDash raises another $250M, nearly triples valuation to $4B

{rss:content:encoded} DoorDash raises another $250M, nearly triples valuation to $4B https://ift.tt/2OIGAgY https://ift.tt/2MR32DW August 17, 2018 at 12:02AM Food delivery startup DoorDash announced this afternoon that it has raised $250 million, just five months since the company announced a $535 million round. Why raise more money so soon? CEO Tony Xu told Axios that he wasn’t actively looking for additional investment, but was open to investor interest because it could help the company expand more quickly. (Maybe he’ll have more to say...

DoorDash raises another $250M, nearly triples valuation to $4B

Food delivery startup DoorDash announced this afternoon that it has raised $250 million, just five months since the company announced a $535 million round. Why raise more money so soon? CEO Tony Xu told Axios that he wasn’t actively looking for additional investment, but was open to investor interest because it could help the company expand more quickly. (Maybe he’ll have more to say about those plans at Disrupt SF next month.) The new funding was led by Coatue Management and DST Global. It sounds like the terms were pretty appealing too,...

Autonomous retail startup Inokyo’s first store feels like stealing

{rss:content:encoded} Autonomous retail startup Inokyo’s first store feels like stealing https://ift.tt/2vOyFHQ https://ift.tt/2L1mvAa August 16, 2018 at 10:02PM Inokyo wants to be the indie Amazon Go. It’s just launched its prototype cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of its app on your way in and out of the store, you’re charged for what you got. Inokyo‘s first store is now open on Mountain View’s Castro Street selling an array of bougie kombuchas, snacks, protein powders,...

Autonomous retail startup Inokyo’s first store feels like stealing

Inokyo wants to be the indie Amazon Go. It’s just launched its prototype cashierless autonomous retail store. Cameras track what you grab from shelves, and with a single QR scan of its app on your way in and out of the store, you’re charged for what you got. Inokyo‘s first store is now open on Mountain View’s Castro Street selling an array of bougie kombuchas, snacks, protein powders, and bath products. It’s sparse and a bit confusing, but offers a glimpse of what might be a commonplace shopping experience five years from now. You can get a glimpse...

Facebook cracks down on opioid dealers after years of neglect

{rss:content:encoded} Facebook cracks down on opioid dealers after years of neglect https://ift.tt/2OIJNwV https://techcrunch.com/wp-content/uploads/2018/08/Facebook-Blocks-Fentanyl-Searches.png?w=680 August 16, 2018 at 09:04PM Facebook’s role in the opioid crisis could become another scandal following yesterday’s release of harrowing new statistics from the Center for Disease Control. It estimated there were nearly 30,000 synthetic opioid overdose deaths in the US in 2017, up from roughly 20,000 the year before. When recreational drugs like Xanax...

Facebook cracks down on opioid dealers after years of neglect

Facebook’s role in the opioid crisis could become another scandal following yesterday’s release of harrowing new statistics from the Center for Disease Control. It estimated there were nearly 30,000 synthetic opioid overdose deaths in the US in 2017, up from roughly 20,000 the year before. When recreational drugs like Xanax and OxyContin are adulterated with the more powerful synthetic opioid Fentanyl, the misdosage can prove fatal. Xanax, OxyContin, and other pain killers are often bought online, with dealers promoting themselves on social media...

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