Medallia, Inc. (NYSE: MDLA), a provider of experience management solutions, is to acquire LivingLens LivingLens.tv, a Liverpool, UK-based video feedback platform.

Medallia will acquire LivingLens for approximately $26 million in cash.

The acquisition will give customers in all industries the ability to leverage video feedback alongside social, voice, app and web in Medallia’s experience management solution.

Led by Carl Wong, chief executive officer, LivingLens adds video feedback to the mix of signals customers and employees are generating on a daily basis.

Using Medallia Experience Cloud, customers can reduce churn, turn detractors into promoters and buyers, and create in-the-moment cross-sell and up-sell opportunities, providing clear and potent returns on investment. | To read full story, visit https://startuparound.com/read/1581330607.6207662/Medallia-to-Buy-LivingLens,-for-Approx.-$26M?ref=audio_experience

Valo Therapeutics Limited, an Oxford, UK and Helsinki, Finland-based immuno-oncology company developing tumour antigen-coated oncolytic viruses as therapeutic vaccines, received EUR1.1m in additional funding.

The funding, triggered by positive pre-clinical data, will be used to progress its PeptiCRAd platform into first-in-human clinical trials.

The total EUR 10m funding comprises the recent EUR 1.1m from existing investors, a non-dilutive loan from The Finnish Funding Agency for Innovation (Business Finland, previously Tekes), and seed capital from private investors.

Led by Dr Michael Stein, CEO, Valo Tx is an immunotherapy company that is developing antigen-coated oncolytic viruses as anti-cancer therapeutic vaccines.

To translate its research into effective treatments for patients with cancer, the company plans to complete a Series A by summer 2020. | To read full story, visit https://startuparound.com/read/1581328808.4181724/Valo-Therapeutics-Raises-EUR1.1M-in-Funding?ref=audio_experience

(Reuters) — Amazon.com has pulled out of this month’s Mobile World Congress because of the coronavirus outbreak, in another blow to one of the telecom industry’s biggest gatherings which attracts over 100,000 visitors to Barcelona.

“Due to the outbreak and continued concerns about the new coronavirus, Amazon will withdraw from exhibiting and participating in Mobile World Congress 2020,” the company said in a statement on Sunday.

Amazon had planned a significant presence through its cloud computing arm AWS, which was due to host a full-day conference track on the first day of the event.

The virus has spread to at least 27 countries and territories, according to a Reuters count based on official reports, infecting more than 330 people outside China.

Two deaths have been reported outside mainland China – both of Chinese nationals. | To read full story, visit https://startuparound.com/read/1581327005.3640413/Amazon-pulls-out-of-MWC-over-coronavirus-concerns?ref=audio_experience

When Glossier founder and CEO Emily Weiss first had the idea of launching a beauty startup, she began with a simple question: how could you make a beauty brand whose sweatshirt people would want to wear?

As founder of beauty blog Into the Gloss, which she started in 2010, Weiss had worked with household name beauty conglomerates on advertising and sponsorship deals, and found that many were struggling to engage with the new generation of millennial consumers.

“I went through that exercise of looking across 20 or 10 beauty brands, thinking about whether or not I would buy that sweatshirt, wear that sweatshirt… I just kept coming up with the answer ‘no’,” she says. | To read full story, visit https://startuparound.com/read/1581325206.1153986/How-Glossier-turned-itself-into-a-billion-dollar-beauty-brand?ref=audio_experience

Edtech has changed the face of learning and the whole concept what a school is.

In the next few years, education will strive to fully embrace technology, and these 10 promising European startups are a clear example of that.

The vocabulary-focused app was launched in 2015 and it quickly became the fastest-growing language learning app on iOS and Android.

In 2018 they were awarded ‘Best App’ by Google, and in 2020 launched ‘Droplets’ the version for kids aged 8-17.

Elias Robot – Elias Robot is the flagship product of Utelias Technologies (founded in 2017), a Finnish edtech startup changing the way languages are learned. | To read full story, visit https://startuparound.com/read/1581323406.6008222/10-European-EdTech-startups-changing-the-face-of-education-in-2020?ref=audio_experience

Besides the existing investors, which include US-based hedge fund Coatue Management, other new investors are also expected to participate in the funding round, according to TOI.

Further, it is speculated that Coatue Management might lead the funding round with a $50 Mn investment.

One of the marquee investors that might reportedly participate in the funding round is Softbank Vision Fund.

This development comes a week after Rebel Foods raised INR 35 Cr from Mumbai-based leading venture capital fund Alteria Capital in debt funding.

Besides India, Rebel Foods is also operating in Southeast Asia, the Middle East and Europe. | To read full story, visit https://startuparound.com/read/1581321606.7223887/Rebel-Foods-Eyes-Unicorn-Tag-With-New-Funding-Round?ref=audio_experience

Q: How much bigger is a series B investment compared to series A?

While the answer of course is “it depends”, generally speaking, a B round should be 2x-3x the size of an A round.

And to raise the next raise, say a B from an A, you need to make progress.

You might choose less dilution in the Series B.

So it’s also harder to raise a B if you aren’t 2x-3x stronger than during the A. | To read full story, visit https://startuparound.com/read/1581319808.0652573/How-much-bigger-is-a-series-B-investment-compared-to-series-A??ref=audio_experience

25 Black Entrepreneurs Making WavesThroughout history, black entrepreneurs have faced unique challenges in America, one of which is the lack of access to capital.

The problem still remains, as black entrepreneurs are less likely to receive venture capital funding.

These 25 black entrepreneurs have built successful companies in logistics, tech, retail, and more, setting new standards for business.

Natasia Malaihollo, Founder & CEO of WyzerrNatasia studied law and worked as a patent specialist before founding her first startup, Sooligan.

Sheena Allen, Founder & CEO of CapWaySheena was inspired to build CapWay when she was a college student trying to manage her money. | To read full story, visit https://startuparound.com/read/1581318006.7859628/25-Black-Entrepreneurs-Making-Waves?ref=audio_experience

Finance Minister Nirmala Sitharaman on Sunday said the foundation for achieving the goal of $5 trillion economy by 2024-25 has been laid in the Union Budget, which stressed on increasing capital expenditure for infrastructure.

Union Finance Minister Nirmala SitharamanShe said this would trigger the virtuous cycle for the economy to perform and move forward.

Asked about the rationalisation of rates of Goods and Services Tax, the finance minister said it was being reviewed every three months by the GST Council.

The indirect tax administration is now getting the benefits of data analytics to prevent fraudulent activities," the finance minister said.

Sitharaman also dismissed the fear that the optional direct tax structure, as announced in the budget, would decrease savings and thereby investments. | To read full story, visit https://startuparound.com/read/1581316208.0142164/Foundation-for-$5T-economy-laid-in-Budget-2020:-FM-Nirmala-Sitharaman?ref=audio_experience

Mahindra Electric has been looking for investors and other strategic partnershipsJapanese multinational conglomerate SoftBank is reportedly in preliminary talks with Indian emobility giant Mahindra Electric to formulate a strategic partnership.

However, SoftBank can help Mahindra Electric to push its EV solutions.

Babu added, “Mahindra Electric is a separate entity under the Mahindra group.

Right now, Mahindra and Mahindra is the major investor in Mahindra Electric and will continue to be.”Babu also noted that Mahindra Electric wants to provide complete mobility solutions and not limit itself to manufacturing electric vehicles (EVs).

Currently, Mahindra Electric is working on an electric three-wheeler Treo, battery packs, motors and a mobility solution platform Nemo. | To read full story, visit https://startuparound.com/read/1581314406.684726/SoftBank,-Mahindra-Electric-May-Ink-Partnership-To-Push-EV-Solutions?ref=audio_experience