Digital Startup news roundup – Week ending 18th June

The weekly Tech update

Uber report highlights foresight needed in managing a startup – When should a Startup grow up and act like a Business? In the past, we have blogged about the need for Startups to grow up and start acting like a business (or small-business.) The recent investigation into failure of management, corporate governance at Uber is a case in point for Entrepreneurs and founders of Startups should watch and learn from.

Airbnb to Buy Background-Check Startup Trooly to Root Out Scams – Airbnb Inc. is purchasing background-check startup Trooly Inc. in an effort to protect its guests and hosts from bad actors. Los Altos, California-based Trooly has been helping Airbnb authenticate user identities since 2015. By analyzing data from public records, social media and other sources, Trooly’s technology could help Airbnb track various customer violations, such as side deals between guests and hosts.

Ready to Rokt: An Aussie start-up just raised $34.5 million – and you probably don’t even know you’re already signed up with them  – An Australian start-up company has just raised $34.5 million in one year and you’ve probably unknowingly helped them get it. Rokt is an internet marketing service founded in Sydney that launches those pop ups you receive once you make a transaction online.

France to be an Inclusive and Open Startup Nation says President Macron at Viva Technology – The President of France, Emmanuel Macron received a standing ovation from an audience of tech startups and large businesses at Viva Technology. He spoke of France as a startup nation embracing hyper-innovation, of a revolution, a complete change of mindset. He shared his vision of the State as a platform supporting a future entrepreneurial France, ready to drive the country’s digital transformation and its energy transition. In praising entrepreneurship and technology, however, the President did not relinquish his social and political agenda to build an inclusive and open 21st century democracy within a strong Europe.

Digital health startups: Don’t overlook the senior market –  A  2016 report by Gust found that healthcare ranks third in top startup industries, just behind consumer products and services and Internet web services. Healthcare startups span health IT, telehealth, diagnostics, genetics, consumer facing markets like wearables and wellness, and target diverse audiences. More often than not, seniors don’t fall into the target market for healthcare startups. Why, when they’re the group that would benefit most from their services?

AI startup Natify seeks to transform B2B advertising with a $4.5 million research initiative – Helsinki, Finland – Finnish AI startup Natify today announced a $4.5M R&D project funded by the Finnish Funding Agency for Innovation (Tekes). The 2-year R&D initiative entitled “B2B AI” will deploy artificial intelligence and machine learning to integrate siloed B2B online advertising and marketing automation. Natify is pioneering in the programmatic advertising side of the white-hot Account Based Marketing (ABM) market with its unique engagement performance-driven paid media platform.

Digital health IT startups reap $250K via Massachusetts incubator -Massachusetts Gov. Charlie Baker furthered the state’s investment in healthcare technology Tuesday with a $250,000 contribution to the Massachusetts Digital Health Initiative (MDHI), funding that will go to the program’s Digital Health Innovation Labs.

Startupbootcamp Digital Health Opens Applications For Second Program In Miami – Startupbootcamp, one of the world’s largest and most influential innovation engines, has opened applications for its digital health program in Miami. Entrepreneurs working at the intersection of healthcare and technology with proven and tested models are encouraged to apply from now until Sept. 1st, 2017.


And some startup humor

Bangalore based startup refused funding after the investors found that they have no foosball table in office – Bangalore based self-help and existential crisis handling startup – “No Clue” was refused funding by a major international venture capitalist firm after they realized that the startup office has no foosball table. The startup was founded by two engineering graduates Ramesh and Suresh who had no clue what to do after graduation. “We founded the company after we passed out from our engineering colleges and still have not figured out what to do with our life. Even though we were not sure what to do, our parents kept on pushing us to get more funding than Sharmaji’s son’s startup and hence we raised three rounds of funding so far”,says Ramesh Yadav the CEO and co-founder.

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