Author: dumbcapital

Karma raises $12M to let restaurants and grocery stores offer unsold food at a discount

Karma, the Stockholm-based startup that offers a marketplace to let local restaurants and grocery offer unsold food at a discount, has raised $12 million in Series A funding. Swedish investment firm Kinnevik led the round, with participation from U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux, and previous backer VC firm e.ventures. It…

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Trump, on Twitter, argues that social media limits conservatives’ free speech

By David Nakamura | Washington Post BRIDGEWATER, N.J. — President Donald Trump on Saturday waded into the growing debate over the role of social media companies in policing public discourse, accusing them of “totally discriminating” against Republicans and conservative commentators. In a series of morning tweets from his private resort in Bedminster, New Jersey, the president…

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YC-backed Sterblue aims to enable smarter drone inspections

As government regulation for commercial drone usage seems to be trending in a very positive direction for the companies involved, there is an ever-growing opportunity for drone startups to utilize artificial intelligence to deliver insights without requiring much human effort. Sterblue, a French drone software startup that is launching out of Y Combinator’s latest class…

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