Ready to start expanding, the creators of smartphone app ASAPP! have launched an equity crowdfunding campaign on Seedrs to raise £110,000.
ASAPP 4ASAPP! is a free app that is available to iOS and Android devices that allows businesses to target the right people in your neighborhood or town. It uses the phone’s inbuilt GPS technology to determine the user’s location to create a virtual perimeter (or Geo Fence). These fences have a diameter of 5 meters to 5 kilometers and can be drawn from around a corner shop, a football stadium or a city center.

Published in Deals & Funding

RocketSkates

Acton RocketSkates are smart motorized skates that fit right over your shoes. Once they’ve been powered on, simply push off and the motors will take over to propel you forward. For accelerating, lean forward and for braking or stopping, put your heel down. This means that the rider has complete control over the motor without the hassle of a remote. With an app and Bluetooth connection, the skater can track their route and mileage as well as the progress of other Acton RocketSkaters in the area.

Among many tech based startups today, there's a general belief that they'll never actually have to achieve profitability.

But not every company can count on getting bought by Facebook for a cool $19 billion.

And, of course, those companies who don’t get bought by Google, Facebook or Yahoo will have to fend for themselves. The best way to do this? Become profitable.

Published in Features

Brian Acton still hasn't fully come to terms with the idea of his new life as a a billionaire and Facebook employee.

Acton, one of the two cofounders of WhatsApp, opened up about his personal feelings on the pending Facebook acquisition in his first speaking engagement ever at StartX, a startup incubator affiliated with Stanford University, on Wednesday night.

Published in Features

 Uber on Friday announced that it had raised $1.2 billion, bringing its valuation to $17 billion.

"It’s remarkable that it was only four years ago this week Uber started operations in [San Francisco], connecting residents with the safest, most reliable way to get around the city," CEO Travis Kalanick wrote in a blog entry. "Today, we are operating in 128 cities in 37 countries around the world with hundreds of thousands of transportation providers and millions of consumers connecting to our platform." Kalanick wrote the "total raise" for Uber will be $1.4 billion with a second round of investors "soon."

Published in Deals & Funding

Recently, the Financial Times published its annual Study on European Cities and Regions of the Future for 2014/2015. In this study, Eindhoven, located in the Netherlands, was ranked third European city of the future after London and Helsinki.

The city of Eindhoven is a new entry to this specific list, thanks in part to the incubation facilities existing in the local technology campus. Below are nine reasons that make Eindhoven a dream place for tech startups. Tech refers to sectors like semiconductors, nanotechnology, advanced materials, health tech, Internet and web based apps.

Published in Research & Trends