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Sneaker fit startup Neatsy.ai gets $1M seed after B2B pivot

TechCrunch

startup, which was founded back in March 2019 by Artem Semyanov (the former head of the machine learning team at Prism Labs ), is now fully focused on selling its fit-tech to e-tailers via an SDK. Neatsy wants to reduce sneaker returns with 3D foot scans. “We are also looking at the U.S.

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Sequoia’s Surge reveals 15 India, SEA startups in seventh cohort

TechCrunch

Since its launch in March 2019 , the accelerator has helped its participating startups collectively raise over $1.7 billion in follow-on funding, the venture firm said, with over 60% of companies from the first five cohorts raising their Series A and beyond. Surge 07 is no exception. Info Edge Ventures is a co-investor.).

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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Trax did not disclose a new valuation, but reportedly hit unicorn status in 2019.

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Tractable raises $60M at a $1B valuation to make damage appraisals using AI

TechCrunch

Tractable , which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion, the company said. There are other companies that have also identified this opportunity.

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Modsy quietly shut down while some customers were still awaiting refunds

TechCrunch

The company returned some service order charges and promised to refund furniture deliveries to those who completed a form. While the company’s website remains operational, Modsy recently deleted its Twitter and Facebook pages and made its Instagram account private. But Tellerman had declined to confirm this at the time.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Launched in 2019, the idea came from one of the co-founders, Olga Dogadkina, who previously worked in the luxury retail sector. With Emperia, brands can put on live events with hosts that walk them through a virtual space, or customize exhibits and displays with 3D models and images of real-world inventory.

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SLAIT’s real-time sign language translation promises more accessible online communication

TechCrunch

Having proved the basic notion, Domènech was joined by co-founders Evgeny Fomin and William Vicars to start the company; they then moved on to building a system that could recognize first 100, and now 200 individual ASL gestures and some simple sentences. Turns out that’s more or less exactly what happened.