Paktor, a major rival to Tinder in Asia, moves into live-streaming via merger deal

 Dating app Paktor, often dubbed ‘The Tinder of Southeast Asia,’ just sealed up its move into live-streaming and media content after it announced a merger deal with Taiwanese startup 17 Media.
Under the deal, a new company called M17 Entertainment has been created with shares from both Paktor and 17 Media, company representatives confirmed. They didn’t, however, reveal a… Read More

AIDoc Medical raises $7M to bring AI to medical imaging analysis

 We are probably still quite some way off from seeing Artificial Intelligence (AI) replace doctors, but there are already lots of proven use-cases where AI is being used to augment the medical profession. One proven area is in medical imaging where AI and computer vision is helping with medical scan and imaging analysis to help support radiologists and other clinicians. One startup operating… Read More

Dave wants to save you from expensive overdraft fees

 Meet Dave: an AI dressed up in a bearsuit that’s just launched to save you from the evils of expensive overdraft fees. Hand Dave access to your checking account and the app’s machine learning algorithms will get busy crunching your spending data so the bear can warn you about pending transactions which might push you into the red and incur an expensive bank penalty. Read More

SeedPlus closes $18M early-stage fund backed by Cisco, Eight Roads and others

 SeedPlus, the early-stage investment firm backed by Singapore’s Jungle Ventures, has closed its debut fund at a total of SG$25 million, or approximately $18 million. The firm also announced that Cisco and Eight Roads Ventures, the investment arm of Fidelty, have joined IFC and Indian business magnate Ratan Tata among the fund’s LPs. It added that the fund was over-subscribed.… Read More

HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures

 Hibob, a HR and employee benefits platform for small to medium-sized businesses, has raised $17.5 million in Series A funding. Leading the round is U.S. VC firm Battery Ventures, with participation from Arbor Ventures, and Fidelity’s Eight Roads Ventures. Existing backer Bessemer Venture Partners also joined the round, which brings total funding for the U.K. and Israel-based startup to… Read More

Data management startup Rubrik is raising up to $200M on a $1B valuation

 Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according to sources. TechCrunch first learned of the new fundraise via… Read More

LoveCrafts, a social network and marketplace for makers, raises $33M

 Facebook may have the generalist social network on lockdown, but when it comes to communities based around special interests, the playing field remains full of promise. Today, a U.K. startup called LoveCrafts, aimed at knitters and other home craft makers with a platform that is part social network and part e-commerce marketplace, is announcing a significant growth round to seize that opportunity. Read More