Misfit Wearables gets $40 million in funding to expand in Asia
Misfit announced on Tuesday that it has landed a $40 million funding round from a group of companies including rising Chinese smartphone startup Xiaomi.
Misfit announced on Tuesday that it has landed a $40 million funding round from a group of companies including rising Chinese smartphone startup Xiaomi.
Founders Fund makes an investment into a new type of nuclear reactor from the bright minds outta MIT.
Science is the cleantech. Well, sort of. My thoughts on the evolving way for VCs to fund tough problems.
“Netflix for ebooks” Oyster launched on iPad and opened up to everybody Wednesday; previously it had only been available on iPhone. Rival service Scribd also released some stats showing that most of its use is coming from iPad.
I was skeptical that we’d ever see a Netflix for ebooks. Oyster’s launch on Thursday proved me wrong: It offers books that you’ve actually heard of, in a very well-designed app, for $9.95 per month.
A second generation of wearable computing is emerging that focuses on design and a so-called glanceable UI. Valley startup Misfit Wearables is leading the charge, and trying to create a new type of user experience.
Founders Fund and Dustin Moskovitz’s Good Ventures have led a $15 million round in a company that is trying to replicate the intelligence of the human brain in software. Vicarious’ goal is to help humanity thrive by inventing the algorithm to create to intelligent machines.
Turns out investors like the intersection of big data and weather. On Thursday morning six-year-old Climate Corporation announced that it has raised another round of $50 million, led by the Founders Fund and including existing investors.
After enduring a torrid few months, Groupon has confirmed a shakeup of its international business, bringing in a new chief to oversee operations outside America. But why has outgoing chief Marc Samwer been replaced?
The tools that have revolutionized the way we live are only just starting to have an impact on scientific research. Now ResearchGate — the “Facebook of science” — is hoping to speed up the change, with a new round of investment from Founders Fund to make it work.