Celebrity video platform Memmo raises $10M

celebrity-video-platform-memmo-raises-$10m

Memmo.me, a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding. “We’re really excited about our mission to break down these barriers [and help talent] connect one-to-one instead of one-to-thousands,” said co-founder and CEO Gustav Lundberg Toresson. He added that celebrities are … Read more

Terminus raises $90M to grow its B2B marketing platform, now valued at around $400M

terminus-raises-$90m-to-grow-its-b2b-marketing-platform,-now-valued-at-around-$400m

Sales and marketing are often considered a single category on a business plan, but ironically, when it comes to building apps and services to help with them, they usually become separate entities, and so too do the teams that address sales and marketing in organizations. Today, however, a startup called Terminus — which is building … Read more

Berlin’s MorphAIs hopes its AI algorithms will put its early-stage VC fund ahead of the pack

berlin’s-morphais-hopes-its-ai-algorithms-will-put-its-early-stage-vc-fund-ahead-of-the-pack

MorphAIs is a new VC out of Berlin, aiming to leverage AI algorithms to boost its investment decisions in early-stage startups. But there’s a catch: it hasn’t raised a fund yet. The firm was founded by Eva-Valérie Gfrerer who was previously head of Growth Marketing at FinTech startup OptioPay and her background is in Behavioural … Read more

Xiaomi further localizes India supply chain via BYD, DBG partnerships

xiaomi-further-localizes-india-supply-chain-via-byd,-dbg-partnerships

China’s Xiaomi had dominated the Indian smartphone market for three consecutive years until recently losing the top spot to Samsung. It has played by the Indian government’s book to support domestic manufacturing, making smartphones in India rather than shipping them from its home country of China. Now it’s further ramping up production in India by … Read more

Allbirds is investing in plant-based leather substitute as it looks to further green its supply chain

allbirds-is-investing-in-plant-based-leather-substitute-as-it-looks-to-further-green-its-supply-chain

The sustainability focused shoe maker Allbirds has taken another step to green its supply chain with a small $2 million investment in a new company called Natural Fiber Welding. Announced this morning, the investment in Natural Fiber Welding will see Allbirds bring a vegan leather replacement option to customers by December 2021. It’s a natural … Read more

India sets more stringent rules for social media, streaming services

india-sets-more-stringent-rules-for-social-media,-streaming-services

India announced sweeping changes to its guidelines for social media, on-demand video streaming services, and digital news outlets on Thursday, joining several other nations in posing new challenges for giants such as Facebook and Google that count the nation as its biggest market by users. Ravi Shankar Prasad, India’s IT, Law, and Justice minister, said … Read more