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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. billion ($1.8

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Mosaic raises $18.5M Series A from GC to rebuild the CFO software stack

TechCrunch

While the CEO sets strategy, messages, and builds culture, the CFO needs to know everything that it is going on in an organization. The company was founded in April 2019 by Bijan Moallemi, Brian Campbell and Joe Garafalo, who worked together at Palantir in the company’s finance team for more than 15 years collectively.

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AI-powered media editing app Descript lands fresh cash from OpenAI

TechCrunch

Besides incumbents like Adobe, there are startups such as Reduct.Video , which uses AI, natural language processing and other tech to automatically create editable transcripts. The strategy appears to be working for Descript so far, which counted NPR, VICE, The Washington Post and The New York Times among its customers as of 2021.

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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

There are really three investable opportunities in the category of “known knowns”: Sell software to incumbents Compete with incumbents, with generative AI at the core Buy incumbents and remake them with AI—what a “generative AI” KKR would be doing Think about Rocket Mortgage, with thousands of mortgage brokers and 2022 net revenues of $5.8

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SoftBank, Amazon, Accel and others put $108M in Brazilian banking and payments infra provider Pismo

TechCrunch

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. It also plans to invest in sales and go-to-market strategy.

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walk

But when your team is the larger organization, you can’t use this strategy. Are there specific paths/opportunities in AI that you believe startups are actually better qualified to take advantage of than incumbents? My teams always had a recognizable identity and subculture. KS: Isn’t this the trillion-dollar question?

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