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EU retail giant Schwarz Group snags security startup XM Cyber for $700 million

TechCrunch

“Finding and closing security gaps from an attacker’s perspective is a disruptive approach to the way organizations can proactively protect their networks. XM Cyber was founded in 2016 and raised $49 million, according to Crunchbase data. Time will tell on that front.

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Apple acquired a startup using AI to compress videos

TechCrunch

” WaveOne was founded in 2016 by Lubomir Bourdev and Oren Rippel, who set out to take the decades-old paradigm of video codecs and make them AI-powered. WaveOne also claimed that its video compression tech was robust to sudden disruptions in connectivity. So what might Apple want with an AI-powered video codec?

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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

One clear differentiator is that the company functions as an enabler (at payment rails and the core infrastructure) within banking and payments. It went live with its mobile and internet banking service in 2016 and launched an instant card issuance product in 2017. Appzone clearly plays a different game from other African fintechs.

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Boulevard Launches New Capital Program Designed Specifically for Self-Care Businesses 

American Entrepreneurship

Boulevard Capital enables customers to bypass the months of waiting, credit checks, and tedious paperwork that accompany traditional loan applications – a process that often ends in rejection anyway, especially for minority-owned businesses. to book more than 1 million appointments every month.

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5 Disruptive Cybersecurity Startups That Are Changing the Industry

Dream It

But this age of disruption has also created numerous opportunities for hackers and cybercriminals. million back in 2016. Cymulate Founded in 2016, this Israel-based startup recently closed a $7.5 As the name suggests, Cymulate enables companies to simulate attacks on their own systems without compromising current operations.

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Bokksu bags $22M Series A at a $100M valuation to deliver traditional Asian groceries to your home 

TechCrunch

Taing founded Bokksu in 2015 and launched a Japanese snack subscription service in 2016. The fresh capital will also enable Bokksu to accelerate its primary business lines: subscription, market and grocery. Taing realized other Americans also loved Japanese snacks, but they didn’t have a way to discover and buy them in the U.S.

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60 Top Women-led Venture Capital Firms

American Entrepreneurship

Female-founded venture firms have shown strong support for female-founded startups accounting for 28% of their deal counts from 2016 to October 2021 in startups with at least one female founder. They invest in companies that are disrupting traditional retail and consumer experiences. In contrast, male-only founded U.S.