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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

That told him there was an opportunity for a data-driven financing tool for these types of restaurants. If you’re wondering where you’ve heard Meyer’s name, you may remember him from 2015 when he was building Fresco News , a crowdsourced network for breaking news, or as co-founder of Homebound , where he is still an advisor.

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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. What are some overlooked opportunities right now?

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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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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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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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Public Policy Quarterly Newsletter Issue 2

Angel Capital Association

Finally, the bill aims to build up Main Street by cutting red tape for small businesses by adjusting the reporting threshold for businesses that use subcontract labor from $600 to $1,000. Much-needed updates are included to help small businesses stay competitive, advance innovation and keep more facets of their business in the US.