Flying car AeroMobil raises further investment to target Asian market

A month on from its previous round of funding, flying car startup AeroMobil has secured a fresh injection of capital from InfraPartners Management (IPM). The terms of the investment were not disclosed.

The Slovakian company is developing a vertical take-off and landing (VTOL) flying vehicle that it claims it will deliver to customers by 2020. Prices per vehicle will be between €1.2 million and €1.5 million.

With the new investor’s help, AeroMobil will take its flying car on an investment roadshow in Asia with a particular focus on South Korea and China, where IPM has a regional presence. It is headquartered in London...

Diabetes app mySugr acquired by drugmaker Roche

Austrian healthtech startup, mySugr, which makes a diabetes management app, has been acquired by Swiss medical multinational Roche. No terms for the deal were announced.

The Vienna-based startup was purchased 100% by the Swiss health industry giant. The app’s tech will help inform Roche’s digital strategy for the diabetes market moving forward. “[The deal] means that we, people with diabetes, will be in the driver’s seat, supported by the global leader in diabetes therapy,” said mySugr in a statement. mySugr will continue to operate on its own.

The app is used by diabetics to track their condition in between doctor visits. It has one million users globally.

Prior to the acquisition, Roche’s venture fund had invested in the startup...

Some well-deserved praise for those organizing events in less obvious places in Europe, and the role they play in developing the local startup ecosystem(s).

Running from one European tech conference to the next has the unfortunate side effect that everything tends to become a blur. At events, ranging from small meet-ups to large summits, forums and festivals (the term ‘conference’ has definitely fallen out of fashion), I would meet with startup founders, investors, policymakers and other industry stakeholders, never quite certain where and when exactly I met them if run into them a second time.

And yet, I find it important to attend and occasionally speak at events that have a crucial role in developing a local ecosystem, whether it is a regional or a national one.

Over the years, I’ve...

Connect and learn with top-tier entrepreneurs, artists, and scientists at a beautiful location.

Experience inspirational storytelling, interactive panels, know shops, pillow talks, art installations, live music, and so much more…

Find out more… Tech Open Air 2017

Be part of the digital financial transformation, fintech revolution and cryptocurrency movement that is happening to the world.

Use this opportunity to grow professionally and cement your future for the next 30 years. One partner in our ecosystem wants to hire several Developers/Programmers (up to 5) for its regional technology hub in Ljubljana, Slovenia.

Their skills requirements must be:

Objective PHP HTML5/CSS3 Javascript jQuery SQL

Optional skills: Linux, Hana Cloud Platform, Apache C++; C# Java Solidity

We don’t expect that you will know all of this, but at least some good part of it.

What we cherish more than anything is hard work, properness and willingness to learn.

Our candidates are expected to work with us at our premises in Slovenia, Ljubljana but also they can work remotely fr...

Digital Single Market: EU negotiators agree on the WiFi4EU initiative

EU fines Facebook 110 million euros over WhatsApp deal

European Union antitrust regulators fined Facebook 110 million euros ($122 million) on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014.

Calling it a “proportionate and deterrent fine”, the European Commission, which acts as the EU’s competition watchdog, said Facebook had said it could not automatically match user accounts on its namesake platform and WhatsApp but two years later launched a service that did exactly that.

“The Commission has found that, contrary to Facebook’s statements in the 2014 merger review process, the technical possibility of automatically matching Facebook and WhatsApp users’ identities already existed in 2014, and that Facebook staff were awa...

REAL ESTATE INNOVATION NETWORK

RE!N STARTUP CONTEST

8 Ways Technology Is Improving Your Health

We hear all the time about how technology is bad for us. Since the introduction of computers, we spend more time sitting at a desk than moving around at work. We have created this sedentary lifestyle that is causing havoc in our overall life.

What if I were to tell you that technology has produced benefits? Would you believe me if I said that technology is good for your health?

Most of you wouldn’t look at first. Well, you may be able to think of a couple of ways that the computer has helped, but you are still stuck on all the negatives that ‘experts’ have shared in the past. The problem with the ‘experts’ is that they are only focused on the negatives. They haven’t looked at so many of the benefits.

So, that’s what we’ll do today...

Japanese robot teaches toddlers about coding

The Kumiita droid trains youngsters in logic and problem solving by navigating panels which represent different programming commands.

This is part of a series of articles that looks at entrepreneurs hoping to get their ideas off the ground through crowdfunding. At the time of writing, each of these innovations is currently seeking funding.

Japanese Icon Corp is currently crowdfunding for a new concept that’s designed to get kids understanding the thinking patterns of programming from a very young age. So young, in fact, that before they can even speak. Welcome to Kumiita, a little robot that looks like a salt and pepper shaker.

The child can arrange the control panels how they like, then put Kumiita on the start panel to begin its journey...