Russia’s Sberbank, an investor in Uber, announces its next $250M venture fund

It’s perhaps not widely know that Uber has Russian investors. But it does, in the form of Russian bank Sberbank, which invested as part of its first international fund a few years ago. Sberbank has now announced its second 10-year venture fund put at US$200-250M in size. Portfolio companies in the first fund included Uber and eToro. Unlike the first fund this one isn’t financed… Read More

Coworking network Talent Garden lands €12M funding round for European expansion

tag-board There are plenty of coworking spaces out there, but while the like of WeWork and TechHub focus on major capital cities, others have seen a fertile space emerge in developing economies. Thus coworking network Talent Garden has landed a €12M funding round from investors including Endeavor Catalyst (supported by LinkedIn), 500Startups and Italy’s largest investment bank, Tamburi… Read More

WorldRemit’s Ismail Ahmed and MasterCard’s Ann Cairns to talk about the future of payments at Disrupt London

ann-cairns-ismail-ahmed What happens when you pair a global payment company like MasterCard with a rising online money transfer service like WorldRemit? Conventional wisdom has it that fintech startups are going to eat financial company’s lunch in no time. And yet, existing financial companies have been surprisingly resilient. That’s why I’m excited to announce that MasterCard President of… Read More

Let’s meet up in Barcelona on Thursday

gaudi's guell park, barcelona I’m in Barcelona for a few days and I’d love to meet some of the local startups so I’d like to run a mini-meetup somewhere in the city. That said, I have no idea where to hold it so I need your suggestions. I’m thinking we hold something small at a pub in the city center on Thursday night. If it works out we can possibly have a mini-pitchoff and I’ll have some… Read More

Warsaw’s ReaktorX aims to help busy people start businesses

main-qimg-cc1ec00f1e0ee63e302166af1f8e166e-c While some entrepreneurs are independently wealthy and have no need for a day job, most of them aren’t. That’s why Marta Diana Koziarska and Borys Musielak created ReaktorX, an accelerator for folks who are working or have no time or acumen for creating a business from scratch and want to connect with like-minded professionals. Koziarska and Musielak also run Reaktor Warsaw, a… Read More

Trump surveillance fears could lift privacy tech in Europe

STERLING HEIGHTS, MI - NOVEMBER 06: Republican presidential nominee Donald Trump holds a campaign rally at the Freedom Hill Amphitheater November 6, 2016 in Sterling Heights, Michigan. With less than 48 hours until Election Day in the United States, Trump and his opponent, Democratic presidential nominee Hillary Clinton, are campaigning in key battleground states that each must win to take the White House. (Photo by Chip Somodevilla/Getty Images) The full ramifications of Donald Trump being the next president of the United States of America will not be known for months — perhaps years. Given he’s a man of many conflicting words it’s near impossible to know which of his pledges and pronouncements he will keep or act upon, likely until his administration is up and running and showing its true colors. Read More

A robot can solve a Rubik’s Cube in 637 milliseconds

screen-shot-2016-11-10-at-8-44-32-am A robot called the Sub1 Reloaded can unscramble a Rubik’s Cube in 637 milliseconds – considerably less than the fastest human time of 4.9 seconds. The robot, built by self-driving chipmaker Infineon, uses six motors to turn and twist the cube after another computer scans it, solves the puzzle virtually. The arms quickly begin to move the cube into a solved position. The robot is… Read More