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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. Another company competing in the increasingly saturated segment is Sima.ai , which is developing a system-on-chip platform for AI applications — particularly computer vision applications.

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Leonard Brody: The Great Rewrite

Entrepreneurs' Organization

In today’s Octane blog, we bring EO members and non-members alike behind the scenes of 2019 EO Global Leadership Conference Macau (GLC), profiling Leonard Brody, one of the event’s carefully selected speakers who is known as “a leader of the new world order.” Master digital disruption with digital reinvention.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. The result of those major disruptions? billion in 2019.

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The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

As drivers we look out for them, as pedestrians we might be annoyed if they steer in our way but the riders themselves have developed better norms as happens in all forms of transportation. You can’t simply drop a bunch of electric scooters in a market and hope to compete with the data and software advantages of the incumbents.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness. It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. Spring Labs is one of them.

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Ascend raises $5.5M to provide a BNPL option for commercial insurance

TechCrunch

It developed payments APIs to automate end-to-end insurance payments and to offer a buy now, pay later financing option for distribution of commissions and carrier payables, something co-founder and co-CEO Andrew Wynn, said was rather unique to commercial insurance. This is the first funding for the company that is live in 20 states.

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Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

TechCrunch

Co-founded in 2019 by a trio of former insurance industry executives, Super.mx’s self-proclaimed mission is to design insurance for “the emerging Latin American middle class,” according to CEO Sebastian Villarreal. We knew the team to unlock the market potential would need to be highly competent and highly disruptive.”.

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