Flytrex launches an autonomous on-demand drone delivery service in Iceland’s capital

 Flytrex wants to prove that drones are a realistic option for on-demand logistics with a new delivery program that took off in Iceland’s capital today. While other companies, including Amazon, have tested drone deliveries, Flytrex says this is the first time a fully operational on-demand drone delivery service has launched in an urban area. Drones will take orders from online… Read More

After Magic Leap acquisition, Dacuda founder forms PXL Vision

 Swiss startup Dacuda’s 3D scanning division was acquired by Magic Leap in February, but it seems the company’s founder, Michael Born, is just getting started with computer vision. He and three others who didn’t go over to the much-hyped and intensely secretive AR company have formed a new one: PXL Vision AG, focused on real-time image classification and Read More

Uber’s financials show company is still growing, despite the drama

 Uber’s past six months have been tumultuous, with lawsuits and allegations of harassment. The company doesn’t even have a CEO right now, but newly released financials suggest that most users don’t care. First reported by Axios, Uber has confirmed to us that Uber’s $8.7 billion in gross bookings were up 17 percent in the second quarter. Global trips increased 150… Read More

Ojo wants to be the electric scooter for commuters, but it’s not there yet

Commuting in a busy city like San Francisco can be annoying — between all the cars, bikes, Boosted Boards and other electric gizmos zipping and weaving through lanes. The Ojo Electric scooter, while it might help with your personal traffic woes, won’t do much to help reduce the overall annoyance commuters experience. The Ojo is designed to be an alternative mode of transportation… Read More

Does it really matter how much your startup raises?

 “How much money does it take to get a startup off the ground?” Entrepreneurs and venture capitalists are faced with this question all the time, and the only right answer — it depends — is also the least satisfying. For any particular startup to succeed, it might take a lot of outside funding or very little. It’s contingent on the business a team is trying to build. Read More