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Gingko Bioworks secures $275 million in Series D, valuing the company at over $1 billion

Boston biotech startup Gingko Bioworks has announced the raise of $275 million in Series D funding to build out its Bioworks3 production facility. The funding comes from previous investors Viking Global, Y Combinator’s Continuity Fund, Cascade Investment, Bill Gates, as well as new investor, General Atlantic. The company previously raised over $154 million, bringing the total […]

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Finiata, the finance platform for SMEs, freelancers and the self-employed, bags €18M funding

Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll. The company, formerly known as Bezahlt, has picked up €18 million of financing of its own, and already claims 5,000 customers. The […]

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Paddle, the software sales platform founded by a Thiel Fellow, raises $12.5M

Paddle, a U.K. startup that offers software companies a single platform for the entire software sales process — including trials and licenses, payments, and analytics — has raised $12.5 million in further funding. Leading the Series B round is enterprise-focussed VC Notion, with participation from existing investors BGF Ventures and Kindred Capital. MacPaw, the independent […]

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Wizeline expands its outsourced IT services business into southeast Asia

Wizeline, a provider of outsourced programming services, is expanding its global footprint with agreements to partner with a slew of development shops across Southeast Asia. Founded in 2014, the company has a similar vision as Andela — providing programming jobs for developers in emerging markets to unlock the local talent pool and expose a new generation […]

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The price is right! Pace raises £2.5M to automate hotel room pricing based on demand

Pace, a London startup that has developed tech that uses machine learning to let hotels set room prices dynamically based on demand, has raised £2.5 million in seed funding. The financing round is led by InterGlobe, with participation from Seedcamp, Speedinvest, and Amadeus Capital Partners. The company says it will use the new capital to […]

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Microsoft looks to make Bing results smarter with new AI-powered features and Reddit partnership

At a special AI-focused event today in San Francisco, Microsoft announced a number of feature updates to Bing that it hopes will make results smarter by leveraging the company’s AI research, as well as a new partnership with Reddit. The company laid out the ways it’s injecting AI-smarts into its Bing search engine, which a […]