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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

SDR ground station technology improves downlink communications, provides significant cost savings and is far more dynamic, acting as an enabler for the exponentially growing Satcoms market.” Description: “Helix Technologies – enables precision GPS antennas, providing 10cm level accuracy. Helix Technologies.

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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.

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

TechCrunch

It was founded in 2018, with an initial client base of five sari-sari store partners. The Pack SuperStore app enables sari-sari owners to process their business’ inventory, bookkeeping and data collection. Before raising, Packworks bootstrapped its way to working with 150,000 sari-sari stores, the company says.

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

TechCrunch

It also says it can compress common AI models by ten times without a noticeable change in accuracy, partly through an “attention mechanism” that enables it to save power and run only what is needed, and partly because it can self-adjust its workload based on environment and operational context.

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

TechCrunch

Ocean shipping and ocean wind are obviously very different animals from kelp aquaculture and climate resiliency, but both are migrating toward more tech-enabled solutions, including digital technologies, artificial intelligence, data gathering and analysis. Investor networks? Answer is yes and no.

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Why India Leads in Digital Payments

Andreessen Horowitz

The groundwork was Aadhaar (“foundation” in Hindi), a nationwide database established by the government in 2009 to enable digital identity verification. This helped with fraud and enabled smooth KYC compliance. UPI has since become the world’s fifth largest payment network by volume, and a model for the rest of the globe.