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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

“Booz Allen Ventures allows us to actively bridge the gap between opportunity and capability and accelerate the services-to-solutions transformation.” As of 2020, HorizonX, which was founded in 2017, had made just 25 investments — all less than $10 million.

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Bond Pet Foods enters meat proteins phase with $17.5M Series A

TechCrunch

million to bring its total funding since 2017 to $20 million. We’re really accelerating our process development work to bring down the cost of goods as well as making some fast work of our strain engineering.”. Joining in as individual investors are musicians Sia Isabelle Furler and Joan Jett.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

CoreWeave was founded in 2017 by Intrator, Brian Venturo and Brannin McBee to address what they saw as “a void” in the cloud market. ” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. CoreWeave currently operates five in North America.

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Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come. Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. He previously led product at Afterpay (acquired by Square) and started a YC-backed fintech company.

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EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital

TechCrunch

The company was founded in 2018 by Christopher May and Henrik Ebbing, but both had previously worked together at McKinsey and started working in blockchain in 2017. May commented: “We are proud to have established Finoa as Europe’s leading gateway for institutional participation and incredibly excited to accelerate our growth even further.

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

The startup launched its banking services in 2017, aimed at making younger consumers comfortable doing all their banking online. These actions went into place in Q2 and we expect to accelerate these efforts significantly through the second half of 2022. The move made Varo the first-ever all-digital nationally chartered U.S.

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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

Most people in French-speaking Africa are unbanked due to a lack of trust in incumbents and inefficient banking solutions. He founded Yassir with Mahdi Yettou in 2017. Last year, it was part of Y Combinator’s winter batch as the first Algerian startup in the accelerator.