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

TechCrunch

The move signals Booz Allen’s desire to shape startups in areas it considers aligned with its core business, mainly AI and machine learning, defense, and cybersecurity. “Booz Allen Ventures allows us to actively bridge the gap between opportunity and capability and accelerate the services-to-solutions transformation.”

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Cloud optimization startup ProsperOps lands $72M investment

TechCrunch

Image Credits: ProsperOps Lots of cloud optimization startups claim to do the same, like Sync Computing. He claims that the startup currently has “several hundred” customers and that it’s been profitable and debt-free since Q4 2020. ProsperOps’s control dashboard.

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

TechCrunch

CoreWeave , an NYC-based startup that began as an Ethereum mining venture, has secured a large tranche of funding as it continues to transition to a general-purpose cloud computing platform. CoreWeave was founded in 2017 by Intrator, Brian Venturo and Brannin McBee to address what they saw as “a void” in the cloud market.

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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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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

Crucially, the Berlin-based startup works with Dapper Lab’s FLOW protocol, NEAR, and Mina, which are fast becoming standards for crypto assets. 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.

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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. Today, the startup competes with Chime, Current, N26, Level, Step and Moven, among many others. Mobile banking startup Varo is becoming a real bank. consumer bank. And if so, why?