Startups – TechCrunch 12 February 2018

nOCD gets $1M seed round to help people with obsessive-compulsive disorder

 nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment firm 7wire Ventures. Read More

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Axel Springer is investing in Magic Leap for some reason

 Magic Leap is the gift that keeps on giving. The company has been working for years on augmented reality technologies and raised a gigantic pile of cash on the way. German media company Axel Springer is announcing today that it is investing an undisclosed amount in Magic Leap. The German company is taking a stake in Magic Leap through its Axel Springer Digital Ventures division. In its… Read More

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Online mortgage advisor Burrow pivots to B2B, cites unit economics issue

 Burrow, the U.K. startup founded by ex-VC Pradeep Raman and backed by Passion Capital, is shutting down its online mortgage brokerage service, TechCrunch has learned. The move is the result of a change in strategy as the nascent company pivots to a B2B model, offering software tools to lenders, mortgage networks and brokers. Read More

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LimeBike is also getting into the e-scooter game

 On the heels of LimeBike’s expansion into e-bikes, as well as competitor Spin’s expansion into Razor-like electric scooters, LimeBike is unveiling its own take on e-scooters. LimeBike is also officially deploying its e-bikes in Seattle. “This is an exciting and competitive landscape,” LimeBike CEO Toby Sun told TechCrunch. “What you are beginning to see is that… Read More

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