Category: Technology

By Steve O'Hear Wake up and smell the funding. Pact Coffee, the UK coffee subscription service that delivers freshly roasted beans to your door, has closed a £2 million Series A round led by MMC Ventures. The double million shot of funding adds to the £500,000 Pact Coffee raised back in June 2013. Read More…

By Natasha Lomas Last month as well as culling some 12,500 Nokia staff new owner Microsoft took an axe to the Nokia product portfolio, apparently hacking off the entire low end of devices — leaving it to focus entirely on its Windows Phone based Lumia smartphones. However it’s now decided it is in fact committed…

By Romain Dillet Meet Motionlead, a French startup that wants to make mobile ads sexy again. When the team first developed a meme reader for the iPhone, it got really frustrated with the state of mobile ads. Traditional ad banners are both ineffective and ugly. That’s how Motionlead started. “On all our campaigns, we have…

By Catherine Shu FoodPanda, Rocket Internet’s food delivery service, has its paws on yet another round of funding. This time it is $60 million from existing investor Falcon Edge Capital as well as Rocket Internet AG. The money will be used to expand FoodPanda, as well as its brands hellofood and Delivery Club (a Russian…

By Greg Kumparak Not too many years ago, announcing major (positive) news on a Sunday evening in the middle of August would seem crazy. Who would read it, right? News dropped tonight — a Sunday evening in the middle of August — that BuzzFeed raised $50 million dollars from Andreessen Horowitz. And as a shining…