by RJ Shara | Jun 8, 2021 | Startups
Proving that Central and Eastern Europe stays a powerhouse of hardware engineering matched with software application, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has actually raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and development arm of Koch Industries Inc., with participation from DB Schenker, Prologis Ventures […] The investment will be used to accelerate the advancement and commercialization of GB’s AI and 3D vision-based “self-governing mobile robotics” or “AMRs”. Gideon Brothers founders. Gideon Brothers make robotics and the accompanying software platform that specializes in horizontal and vertical handling processes for logistics, warehousing, production and retail organizations. Matija Kopić, CEO of Gideon Brothers, said: “The pandemic has significantly accelerated the adoption of wise automation, and we are prepared to fulfill the extraordinary market need….
by RJ Shara | May 26, 2021 | Fundings and Exit
The high stakes game of chess (or, well, consolidation chicken) that is on-demand food delivery rolls on today with a little more territorial swapping in Europe: Barcelona-based Glovo has agreed to buy three of Berlin-based Delivery Hero’s food delivery brands in Central and Eastern Europe — with deals that it said are worth a total […] …
by RJ Shara | Apr 27, 2021 | Startups
Interactive voice advertising start-up Instreamatic, which can insert interactive voice advertisements into an audio stream, has actually raised $6.1 million in a Series A funding led by Development Ventures, joined by Accomplice and Google Assistant Investments. SF-HQ ‘d Instreamatic lets brands that advertise through streaming music apps and podcasts (for example) have interactive voice-based dialogues with customers. […] Instreamatic says its voice advertisements can reach an average of 12% engagement, with some projects reaching 19%.”Consumer need for audio and video content, and the ubiquity of smart gadgets providing that content on-demand, continues to accelerate,”stated Nick MacShane, the founding partner at Development Ventures, the venture capital arm of Development Partners, a full-service merchant bank. A rival to Instreamatic is AdsWizz, which, rather of voice, enables users to shake their phones when they are interested in an ad., the voice-based ad market will grow to $19 billion in the U.S. by 2022, growing the market share from the $17 billion audio advertisement market and the $57 billion programmatic advertisement market. 
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by RJ Shara | Dec 1, 2020 | Startups
With the pandemic playing havoc with children’s education, edtech startups have been on a roll. A new fundraising seems to come practically each week at this moment. Today it’s Novakid’s turn. This edtech startup is yet another “learning English as a second language for kids” startup. However it at least has an opportunity among the [ …] This edtech start-up is yet another “learning English as a second language for kids” startup. Novakid’s teaching technique is based around the concepts of language acquisition by Asher, Thornbury, Krashen and Chomsky, and it is specifically matched for children aged 4-12. …
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