Why is health care so damn expensive?

 Never has there been more talk of innovation and yet more disappointment in the future than in the health care industry. AngelList shows almost a thousand startups just in the digital health space alone, and VCs invested $3.5 billion in digital health startups in just the first half of 2017 according to Rock Health’s industry analysis. There are dozens of health innovation conferences… Read More

Irish startup SoapBox Labs is building speech recognition tech for kids

 Irish startup SoapBox Labs is on a mission to create what it calls “the world’s most accurate and accessible speech technology for children”, tech it plans to offer to third-party hardware and app developers. These span educational apps that support reading and language development, children’s voice-control for IoT devices in the home, smart toys, and AR/VR experiences. Read More

Irish startup SoapBox Labs is building speech recognition tech for kids

 Irish startup SoapBox Labs is on a mission to create what it calls “the world’s most accurate and accessible speech technology for children”, tech it plans to offer to third-party hardware and app developers. These span educational apps that support reading and language development, children’s voice-control for IoT devices in the home, smart toys, and AR/VR experiences. Read More

Boxed in talks to be acquired by Kroger for $500 million

Boxed New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More

Google acquired Redux, a U.K. startup focused on audio and haptics

 Alphabet, the umbrella corporation of Google, Inc. etc., has quietly acquired a UK-based startup called Redux, reports Bloomberg. Redux was founded in 2013 out of Cambridge, and built technology that uses vibrations to turn surfaces of phones or tablets into speakers or provide haptic feedback. The acquisition is reflected on Crunchbase, and in confirmed transfer of shares within U.K.… Read More

Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

 Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a further $500 million. Back in August, it… Read More

Unbabel raises $23M for its ‘AI-powered, human-refined’ translation platform

 Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding. Read More

Sodexo acquires majority stake in French online restaurant FoodChéri

 Sodexo, a French publicly-listed food services and facilities management company, has acquired a majority stake in Paris-based online restaurant and food delivery startup FoodChéri. Terms of the deal remain undisclosed, though François Paulus of Breega Capital, which backed the company’s €6 million Series A, tells me he is “happy with the return”. Read More