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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. growth from 2020 to 2021. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. Moreover, rumors of deeply unethical behavior at accelerators are starting to surface frequently.

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Indonesian Startup BintanGo Raises $2.2M to Accelerate Live Commerce Expansion

AsiaTechDaily

This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund. BintanGo’s prior funding included a pre-seed round of $500,000 conducted in June 2021, just ahead of its launch in September of the same year. million in funding support.

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Outpost Raises $12.5 Million to Accelerate Growth, Targeting the Nationwide Truck Parking Shortage

American Entrepreneurship

million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners, to accelerate expansion of its managed properties and technology platform. Million to Accelerate Growth, Targeting the Nationwide Truck Parking Shortage appeared first on American Entrepreneurship Today®. 512-817-0747 Mark S.

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., But the competition, while fierce, hasn’t scared away firms like NeuReality , which occupy the AI chip inferencing market but aim to differentiate themselves by offering a suite of software and services to support their hardware.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. Then in the first quarter of 2021, it began offering a “pay-by-link” service as well. Bold ended 2021 with more than 100,000 merchants using its services.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & Melinda Gates Foundation, runs the flagship program annually. In 2020, all five countries had representatives in the accelerator.

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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

Amitruck , a Kenyan tech-enabled logistics platform, is one such provider of solutions that streamline the shipping market. Besides, the startup provides operational support. “We’re They also work with individual customers, who are, for example, moving houses. The goods ferried by Amitruck’s partners are insured.