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United Kingdom

Jane Lanhee Lee

Quantum computer firm D-Wave says NEC to invest in it, help build software

10 Dec 2019

SAN FRANCISCO/TOKYO D-Wave Systems, a Canadian quantum computer firm backed by billionaire Jeff Bezos, Wall Street titan Goldman Sachs and others, said Japan's NEC Corp will invest in it as part of a fundraising round and will also help it develop software.

Airbnb business outside U.S., China had $46 million profit in 2018

22 Nov 2019

Airbnb's business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.

Silicon Valley startup incubator Y Combinator closing China unit

21 Nov 2019

Y Combinator, a Silicon Valley incubator of start-ups, said on Thursday it would close YC China, a Chinese version of its U.S. program.

Scooter maker Superpedestrian raises $20 million, promises fewer breakdowns

21 Nov 2019

SAN FRANCISCO Electric scooter company Superpedestrian on Wednesday said it had raised $20 million for its diagnostic software that can spot impending hardware failure, a major problem for scooter operators.

Vouch, insurance for startups, raises $45 million

20 Nov 2019

Vouch Insurance, a platform offering business insurance for startups, said on Wednesday that it raised $45 million and would expand into California.

Peter Thiel's Palantir launches Japanese joint venture with insurer Sompo

18 Nov 2019

SAN FRANCISCO/TOKYO Silicon Valley data analytics company Palantir Technologies Inc has established a joint venture with Japanese insurance holding company Sompo Holdings Inc that will initially focus on health and cybersecurity clients, Palantir said.

Peter Thiel's Palantir launches Japanese joint venture with insurer Sompo

18 Nov 2019

Nov 18 Silicon Valley data analytics company Palantir Technologies Inc has established a joint venture with Japanese insurance holding company Sompo Holdings Inc that initially will focus on health and cybersecurity clients, Palantir said.

Norwest Venture closes $2 billion fund, its biggest to date

14 Nov 2019

SAN FRANCSICO Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date at $2 billion (£1.56 billion), bringing its total capital under management to $9.5 billion.

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