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Reveal raises $50M to espouse the benefits of partner ecosystems

TechCrunch

In a 2018 Accenture survey , 76% of business leaders said that current business models will be unrecognizable in the next five years, with ecosystems being the main change agent. ” Before launching Reveal in 2020, Bouchez was the CEO of Multiposting, an HR tech startup, until 2018, when it was acquired by SAP. ”

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Seraphim Capital’s space tech accelerator releases details of its newest Space Camp cohort

TechCrunch

Description: “4pi Lab is developing a Low-Earth Orbit (LEO) satellite constellation providing real-time, wildfire detection, monitoring and reporting. Kinnami has created a unique storage and security system, ‘AmiShare’, which fragments and encrypts data. ” Clutch Space Systems. ” Kinnami.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

That means — according to Latent AI — that its tools can help developers deliver AI models that are optimized for compute; that they can overcome memory and power constraints; and that there’s almost no latency (thus the company name). government is already a customer, thanks in part to strategic investors like Booz Allen.

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

TechCrunch

This branchless banking model extends financial services to the last mile via a network of agents. 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. trillion via its partners.

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Packworks makes operations easier for sari-sari stores in the Philippines

TechCrunch

The startup will use its new funding to develop its super app, called The Pack, by increasing its platform offerings, including optimizing store operations, including funding access for businesses, and order management across the entire supply chain. It was founded in 2018, with an initial client base of five sari-sari store partners.

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Is ocean conservation the next climate tech? 7 investors explain why they’re all in

TechCrunch

Seafood traceability solutions; ropeless traps; microalgae and seaweed are a hugely untapped resource with multiple market opportunities; ocean and weather data collection and analysis. Investor networks? What technology are you excited about that has the most potential to create new markets?

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Why India Leads in Digital Payments

Andreessen Horowitz

But around 2017, we began to develop an interest in India. UPI has since become the world’s fifth largest payment network by volume, and a model for the rest of the globe. Currently, banks representing ~80%+ of the market share are plugged into this network.) The foundation: Why is India such fertile ground for fintech?