Author: Mike Butcher

Open Bionics closes $5.9M Series A for its affordable and cool bionic limbs

TECHCRUNCH The world wowed a few years ago when a very clever startup from Bristol, UK, came up with 3D printed bionic limbs for amputees. Uniquely, the limbs were lightweight, cheap to make and could even be made into Iron Man-style arms to enthuse amputee children. They went on to sign a deal with the huge UK National Health Service to bring new technologies to amputees, announced at a Techcrunch Crunch Disrupt. Today Open Bionics has successfully raised $5.9 million from investors including F1’s Williams Advanced Engineering Group. Their Series A round was led by Foresight Williams Technology EIS...

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Lisbon finally gets a substantial VC fund in the shape of Indico Capital Partners

TECHCRUNCH Lisbon, characterized occasionally by some tech scene observers as ‘the warm Berlin’, has been threatening to generate more startups in the last few years, not least because it will now have the enormous Web Summit conference there for the next 10 years, and because it’s a cheap and great place to live. But the startups appearing have not quite been as numerous as many would like. It’s therefore fantastic to see a new VC fund appearing in the city, set up by three experienced stalwarts of the scene. Indico Capital Partners VC has now completed its first closing...

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CherryHome raises $5.2M to apply AI to home care cameras, detecting behaviour changes

TECHCRUNCH A new startup using AI to look after elderly people at home has raised a new round of funding to apply its platform to detect changes in gait or behavior, falls or stumbles. In other words, it could start to predict changes in long-term health. CherryHome, the home AI security system created by startup Cherry Labs, has raised $5.2 million in funding from GSR Ventures to drive the technology’s use for in-home senior care. CherryHome uses its proprietary computer vision algorithms to interpret camera data into virtual “skeletons”. These are used by the AI to understand and analyze...

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Pimcore closes $3.5M for its open-source data platform to expand in the US

TECHCRUNCH Pimcore, an open-source platform for data and customer experience management which has emerged out of Austria, has closed $3.5 million in a Series A funding led by German Auctus Capital Partners AG. The funding will be used for its US expansion. Pimcore is aimed at any channel, device, or industry that wants to manage its digital data and customer experience. While there are several such companies on the market today, Pimcore claims to be an ‘out-of-the-box’ solution and the only open-source platform out there, thus competing with more proprietary products from SAP or Informatica which typically run on...

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Goldex raises $1M for its marketplace app for ‘ethical’ physical gold trading

TECHCRUNCH Goldex, a trading app that claims to power so-called ‘ethical pricing’ for retail gold investments, says it has now raised over £1M ($1.25M) in a pre-series A round led by a group of angels and institutional investors. Amongst those participating in the round are Prepaid Financial Services (a European payment card issuer); Gaël de Boissard, former Executive Board Member of Credit Suisse; Richard Balarkas, former President and CEO of Instinets; Nachi Muthu, former global head of IT trading technology at Credit Suisse; Craig James, founder and CEO of Neopay. Goldex was launched in late July this year. The company was founded by former City electronic trading pioneers from Credit Suisse and UBS, Sylvia Carrasco and Fernando Ripolles wanted to remove barriers to retail gold trading and address some of the questionable practices in the gold investment markets. The UK app claims to discover the best price amongst all the gold dealers offering bids and offers within the Goldex platform. Sylvia Carrasco, CEO of Goldex, says the funding “has taken us a step closer to becoming the leading gold trading platform that is both ethical and fully transparent to consumers.” Golden is not alone in the space. Glint is a competitor, but it does not hold any physical gold – whereas Glint does – and Glint sets the price for buying and selling it. Instead, Goldex routes all clients’...

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Ultra-affordable ultrasound startup M-SCAN wins TechCrunch Startup Battlefield Africa

TECHCRUNCH TechCrunch Startup Battlefield Africa just finished in Lagos Nigeria, where 15 companies took the stage for the chance of winning the $25,000 equity-free grand prize, a trip for two to TechCrunch Disrupt San Francisco 2019, and the coveted title of “Africa’s Favorite Startup.” The winner of the event was M-SCAN from Uganda, which develops portable mobile ultrasound devices (Ultrasonic probes) that are laptop, tablet, and mobile phone compatible. The judges were impressed with its scalability potential to make many other medical access devices affordable for Africa, which mother and infant mortality is unforgivably high. The runner-up was Bettr,...

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Announcing the final batch of judges for Startup Battlefield Africa

TECHCRUNCH Startup Battlefield Africa in Lagos, Nigeria, is coming up fast. As usual, we have a great lineup of panels that will include investors and founders discussing issues such as blockchain, raising venture capital on the continent and beyond and more. And of course companies will compete in Startup Battlefield, our premier startup competition. Startup Battlefield consists of 15 teams competing in three preliminary rounds — five startups per round — which have only six minutes to pitch and present a live demo to a panel of expert technologists and VC investors. Five of the original 15 startups will be chosen to...

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Fintech investors and founders to judge Startup Battlefield Africa

TECHCRUNCH TechCrunch will soon be returning to Africa to hold its Startup Battlefield competition dedicated to the African continent. The event, in Lagos, Nigeria, on December 11, will showcase the launch of 15 of the hottest startups in Africa onstage for the first time. We’ll also be joined by some of the leading investment firms in the region. The event is now sold out, but keep your eyes on TechCrunch for video of all the panels and the Battlefield competition. Here are just some of the investors and founders who will be judging the startups competing for US$25,000. Olugbenga Agboola,...

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