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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Plus, it’s understood that Tech Nation is intending to carry on “as is”, even without the government subsidy, supported by fundraising from sponsors, subscriptions and partners. In a statement he told me: “We’ve supported over 4,000 tech companies from around the U.K. Tech Nation has long been embedded in the U.K.

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Identity management platform Saviynt secures $205M in debt, appoints new CEO

TechCrunch

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt , which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. from last year’s $1.3

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This serial founder is taking on Carta with cap table management software she says is better for founders

TechCrunch

Yin Wu has co-founded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. Wu is going up against some pretty powerful competition. Carta was just valued at $1.7

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What the midterm madness means for startups

TechCrunch

The antitrust bills, if passed, could significantly restrict the ability of Amazon, Meta, Microsoft and other tech incumbents to acquire and punish rivals to boost their own products and services. lost its perfect AAA credit rating from Standard & Poor in August 2011, prompting the stock market to plunge more than 5%.

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Call center automation software vendor Replicant raises $78M

TechCrunch

“[With the new capital,] we plan to ramp up investment in our customer success team to onboard new customers,” cofounder and CEO Gadi Shamia told TechCrunch via email. ” To date, Replicant has raised $110 million in venture capital. Sources tell TechCrunch that the post-money valuation stands at $550 million.

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Billogram, provider of a payments platform specifically for recurring billing, raises $45M

TechCrunch

Today a startup that has been focusing on one specific aspect of payments — recurring billing — is announcing a round of funding to capitalize on that growth with expansion of its own. Suijkerbuijk said that in 2020, signed deals went up by 300%, and the first half of 2021 grew 50% more on top of that.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

For instance, as I’ve previously written , “In 2011, only 28% of Europe’s venture-backed tech deals were seed stage… [but] in 2013 and 2014, roughly half of all European tech venture deals were seed stage.” That’s not much firepower to support what’s coming through an increasingly conical funnel. Because the U.S.