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Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend

TechCrunch

Founded out of Berlin in 2015, Wefox sells various insurance products through a combination of in-house and external brokers, bypassing the direct-to-consumer model of insurtech competitors which include rival German startup Getsafe. This represents a 50% increase on last year’s $3 billion valuation at its Series C round.

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Ghost Financial whips up new capital into finance tools for ghost kitchens

TechCrunch

So instead, Meyer, founder and CEO, created Ghost Financial to initially do two things: provide what he touts as “the first cash-back credit card for food and beverage inventory” and use data and technology to underwrite restaurant expansion loans and credit limits for the card. million pre-seed round to build engineering and marketing teams.

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10 years, 10 moments with Gabriela Gandel

Impact Hub

After 10 years of leading the Impact Hub Network , Gabriela Gandel will move into a new role on our global board of the Impact Hub Association in 2022. When I joined the ‘Hub Network’ back in January 2011, I had no idea I’d still be here 10 years later, but I knew it was the right place for me to be! Here’s her story.

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Hivery bags new money to automatically optimize product placement on store shelves

TechCrunch

Hivery has its origins in the pre-pandemic era — the Australia-based company was founded in 2015 — but Hosking argues that many of its technologies have become more relevant over the last several years. chances are you’re selecting products off shelves that have made it there using Hivery’s core product,” he told TechCrunch.

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Arlan Hamilton wants to reroute how startups hire

TechCrunch

Since launching the venture firm Backstage Capital in 2015, Arlan Hamilton has invested millions in more than 195 companies led by underrepresented founders, from a duo taking on auto insurance to a team rethinking how we virtually learn. Many current executives at the company first joined as runners.

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Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?

TechCrunch

Can Bitcoin find its practical use case as a currency in Latin America? Stephen Harper, the country’s prime minister from 2006 to 2015, famously quipped that the region suffered from “ a culture of defeatism.” Past innovation hubs have relied on physical proximity in order to build networks of human and social capital.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

It has also launched two different acceleration projects aimed at supporting SMEs and startups with mentoring, networking and support services. It has an estimated 67 VC funds, with 18 of them started since 2015. This can be professional, personal or a mix of the two. This can be professional, personal or a mix of the two.

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