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Why 2022 insurtech investment could surprise you

TechCrunch

Private market investors poured capital into promising insurtech startups, while the public markets sent the value of recently public insurtech companies down — and then further down as the year progressed. billion in capital (again, an all-time record, and a 90% gain over 2020.). Other examples are at hand. billion.

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InstaDeep’s acquisition is a classic case of an African startup gone global 

TechCrunch

The bootstrapped company — which didn’t receive outside capital until 2018 — depended on original AI research that Beguir published , which led to the startup being discovered by specialized clients who later became partners and investors, such as DeepMind, Google and its future acquirer BioNTech. That was crazy.

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Apptopia raises $20M to expand its competitive intelligence business beyond mobile

TechCrunch

The new financing was led by ABS Capital Partners, and follows three consecutive years of 50% year-over-year growth for Apptopia’s business, which has been profitable since the beginning of last year, the company says. Rivals had more accurate data from about 2016 through 2018 because of their use of mobile panels, Kay says.

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CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

TechCrunch

Aruwa Capital Management led the equity-and-debt round, with participation from HAVAÍC and AAIC. The company said it will use part of the capital to expand its team, geographical operations and marketing to increase its 7,000-strong active agent network three-fold this year. million pre-Series A investment.

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Hidden First Rounds

Ian Hathaway

One of the drawbacks of venture capital databases is that they are dynamic. Many startups in Silicon Valley and other leading startup hubs have increasingly relied on unpriced rounds (SAFEs or convertible notes) for their first or even second rounds of financing. What might this say about the current state of venture first financings?

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Ashby lands $21.5M to automate key aspects of recruiting

TechCrunch

million in equity financing. F-Prime Capital led the Series B with participation from Elad Gil, Lachy Groom, Semper Virens, Base Case Capital and Gaingels, bringing Ashby’s total raised to $34.5 “Existing recruiting data and analytics are limited and unreliable, making it difficult for finance to do … planning.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. 80 percent of construction firms are having trouble hiring craft workers ( Associated General Contractors of America from August 2018 ).Today,