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RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

TechCrunch

More modern approaches are being adopted these days, which is the case of RxAll , a startup using deep technology to provide quality medication to patients. and Nigerian-based company is announcing a financing round of $3.15 Alonge sees RxAll as a pioneer in the world of deep tech mixed with health tech. Today, the U.S.

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Booming edtech M&A activity brings consolidation to a fragmented sector

TechCrunch

The shift has urged venture capitalists to pour money into the sector accordingly, ushering a number of startups into the unicorn club. CEO Andrew Grauer says Symbolab’s algorithm isn’t something that Course Hero, which has been operating since 2006, can drum up overnight. That’s precisely why he “decided to buy, instead of build.”. “It

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The gig economy, cannabis and car data are tech-election winners in 2020

TechCrunch

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. The US is settling in for some new form of national gridlock, but state and local propositions are busy defining how technology businesses will be allowed to work (legally) in the US. Subscribe here.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) Read on for a fuller explanation.

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Data obscures positive trends in VC dollars reaching women-founded startups

TechCrunch

In 2021, $330 billion in venture capital was deployed, and only 2% of that number went to companies founded only by women and 15.6% In my view, the correct statistic is about 18%, not 2% — as we should take into account deals that had mixed-gender founding teams.

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Making sense of Klarna

TechCrunch

Siemiatkowski also shares what’s next for the company as it ventures further into the world of retail banking after gaining a bank license in 2017. “If I am buying some items and feel a bit unsafe about the merchant I’m using, if there’s a credit card, I don’t feel like I’m risking my money.

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Making sense of Klarna

TechCrunch

Siemiatkowski also shares what’s next for the company as it ventures further into the world of retail banking after gaining a bank license in 2017. “If I am buying some items and feel a bit unsafe about the merchant I’m using, if there’s a credit card, I don’t feel like I’m risking my money.