SAN FRANCISCO — After the financial crisis 10 years ago, unhappy customers were expected to flee the megabanks for smaller competitors. It didn’t happen. And the big banks became even more entrenched. Now another wave of alternative banks are at it again, and they say they’ve learned from the mistakes of the upstart banks that […]
Category: Portfolio News
Satellites, Big Data Help U.S. Spy on Smugglers of Iranian Oil
Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. But when a new U.S. oil export ban begins on Nov. 5, many of the tricks of seaborne oil smuggling are less likely to be effective at helping Tehran […]
Kayrros’ technology highlighted as helping U.S. find smugglers of Iranian oil
Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. […]
New Partnership with Groupon Brings Thousands of Peek’s Bookable Activities to Groupon’s Marketplace
CHICAGO–(BUSINESS WIRE)–Today, Groupon (NASDAQ: GRPN), which generated nearly $900 million in gross billings in North America for activities, events and tours in 2017, announced an inventory partnership with Peek, a platform that aims to make booking activities as seamless and straightforward as a restaurant or flight reservation. […]
Chinese Autonomous Driving Firm Momenta Raises New Round At Unicorn Valuation
Momenta, a Chinese autonomous driving technology start-up, has secured a new round of financing at a valuation of over US$1 billion, the company announced last night. This adds another unicorn, a term used to describe private companies worth US$1 billion or more, to China Money Network’s Unicorn Ranking. […]
Momenta claims China’s first self-driving unicorn title after new round of funding
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Satellites Aid the Chase for Better Information on Oil Supplies
PARIS — In a wing of a massive former bank building here in the French capital, dozens of youthful women and men gather around computer screens. This collection of around 100 mathematicians, software engineers and petroleum analysts are bent on shaking up the opaque world of information on the world energy markets. […]
Announcing General Availability of Google Cloud Dataprep by Trifacta
Trifacta, the global leader in data preparation, today announced the general availability of Google Cloud Dataprep by Trifacta, an embedded version of the Trifacta data preparation technology within Google Cloud Platform. […]
Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration
New funding deepens the company’s crude oil market intelligence and expands its coverage across other energy markets that include petroleum products, natural gas, and power generation PARIS, 18 September 2018 – Kayrros, the leading advanced data analytics firm, today announced that it has raised €21 million ($24.4 million) in Series B funding led by Cathay Innovation […]
Website builder Strikingly raises $10M Series A+ to continue growth in China
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with participation from CAS Holding, the lead investor in Strikingly’s Series A. This brings Strikingly’s total funding so far to $17.5 million. […]