Qunar co-founder Fritz Demopoulos says startup success in China requires a 10-year commitment

 Fritz Demopoulos, who co-founded Chinese travel portal Qunar and now makes early-stage startup investments through Queen’s Road Capital, said that if he had a single piece of advice for founders looking to pursue their “China dream,” it boils down to one word: “Commitment.”
Demopoulos was interviewed on-stage at TechCrunch Shenzhen, which we organized with TechNode. Read More

Nestlé leads $77M round for healthy meal startup Freshly

Freshly Freshly has raised a big funding round from a big name — the U.S. division of food and beverage giant Nestlé. Co-founder and CEO Michael Wystrach has pitched the startup as a way to get healthy, on-demand meals. That doesn’t mean you order from Freshly every time you want to eat — instead, you get one delivery  of all your meals for the week. Then, when you’re hungry,… Read More

Microsoft launches a new AI startup program at Station F in Paris

 Microsoft is rethinking its strategy when it comes to startup acceleration in Paris. The company is going to focus on artificial intelligence. This will lead to a new program for AI startups at Station F.
Microsoft has had a startup accelerator in the Sentier neighborhood for a few years now. When Station F opens at the end of June, the company is going to focus exclusively on artificial… Read More