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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.”

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Metal 3D printing company Markforged announces plans to go public via SPAC

TechCrunch

The metal 3D printing company intends to merge with ONE, a special purpose acquisition company created by Kevin Hartz, who will join its board. The company says its technology has been used to print north of 10 million parts since its 2013 founding, with its machines deployed in some 10,000 locations across 70 countries.

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Breach simulation startup AttackIQ raises $44M to fuel expansion

TechCrunch

AttackIQ was founded in 2013 and is based out of San Diego, California. It provides an automated validation platform that runs scenarios to detect any gaps in a company’s defenses, enabling organizations to test and measure the effectiveness of their security posture and receive guidance on how to fix what’s broken.

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Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

TechCrunch

The company, which was founded in 2013, also plans to strengthen its global operations across six countries — Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the Philippines.

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Strivacity Announces $20 Million in New Funding To Modernize Customer Sign-in Experiences and Security

American Entrepreneurship

This enables customers to engage sooner and allows companies to convert more customer visits into revenue. We’re 100 percent focused on creating surprisingly simple customer sign-in journeys and this new investment will accelerate our strategy and the opportunity ahead of us.”

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South African payments startup Yoco raises $83M Series C backed by Dragoneer

TechCrunch

Since launching in 2013, South African fintech Yoco has positioned itself as the go-to platform to access offline payments among merchants in the country. “But the pandemic, which had a devastating effect on so many businesses that relied on in-person trade, accelerated the need for businesses to accept payments online.”

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Strava acquires Fatmap, a 3D mapping platform for the great outdoors

TechCrunch

CEO and cofounder Michael Horvath, who stepped down in 2013 before returning as head honcho six years later , said that the Fatmap acquisition is part of Strava’s “ongoing investment to provide a best-in-class digital experience” for those seeking an active lifestyle. ” While Fatmap is incorporated in the U.K.