OUR THOUGHTS

WHAT WE'VE BEEN THINKING ABOUT RECENTLY

Xage secures $12 million Series A for IoT security solution on blockchain

Xage (pronounced Zage), a blockchain security startup based in Silicon Valley, announced a $12 million Series A investment today led by March Capital Partners. GE Ventures, City Light Capital and NexStar Partners also participated. The company emerged...
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Snapchat will shut down Snapcash, forfeiting to Venmo

Snapcash ended up as a way to pay adult performers for private content over Snapchat, not just a way to split bills with friends. But Snapchat will abandon the peer-to-peer payment space on August 30th. Code buried in Snapchat’s Android app includes...
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Propelling deep space flight with a new fuel source, Momentus prepares for liftoff

Mikhail Kokorich, the founder of Momentus, a new Y Combinator-backed propulsion technology developer for space flight, hadn’t always dreamed of going to the moon. A physicist who graduated from Russia’s top-ranked Novosibirsk University, Kokorich...
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The World Cup led to a record-breaking number of app downloads and consumer spend in Q2

The second quarter of 2018 was another record-breaker for mobile app downloads and revenue. According to a new report this week from App Annie, there were over 28.4 billion app downloads worldwide across both iOS and Google Play in the quarter, up 15...
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CowryWise micro-savings service opens high-yield government bonds to everyday Nigerians

In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for members of the burgeoning middle class to park their money. For instance, countries like Nigeria have experienced a tremendous...
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Wilson is like Longreads for podcasts

Meet Wilson, a new iPhone app that plans to change the way you discover and listen to podcasts. The company describes the app as a podcast magazine. It has the same vibe as Longreads, the curated selection of longform articles. With its minimalistic design...
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Public shareholders got high today on Tilray, the first marijuana company to IPO on Nasdaq

Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares...
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Samsung and Xiaomi had record smartphone shipments in India

India has quickly become ground zero for the smartphone wars. Last year, the country surpassed the U.S. to become the world’s No. 2 smartphone market, and manufacturers are falling over themselves to plant a flag. Samsung and Xiaomi have been the two...
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The Accel team is coming to Disrupt Berlin

Every time Accel invests in a startup, it’s an instant positive sign in the startup community. The venture capital firm has a rich history with decades of investments in successful startups. That’s why we’re excited to have four partners at Accel...
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Apple releases third iOS 12 beta to everyone

Apple just released the third version of the iOS 12 beta as part of the public beta program. It means that everyone can now install a development build of iOS 12, the next major version of the operating system for iPhone and iPad. Don’t forget this...
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