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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies.

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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Fueled by a zero-interest landscape in 2020, it has surged, giving rise to an ever-growing array of funds. growth from 2020 to 2021. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The startup launched its first product, a credit card reader, in the first quarter of 2020. Image Credits: Bold.

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Fuel Me Raises $18 Million Series A Round

HPA

“This funding marks a significant milestone, enabling Fuel Me to accelerate the development of advanced technology while continuing to deliver unparalleled service to our customers. Since its launch in September 2020, Fuel Me has demonstrated rapid growth , showcasing a fivefold increase in performance metrics year-over-year.

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WoodSpoon’s food delivery service cooks up support for home chefs with $14M round

TechCrunch

The new funding gives the company a total of $16 million — it raised $2 million at the end of 2020. Saar said the Series A enables the company to accelerate growth through R&D and marketing and to double its team so it can expand into new markets, like major cities across the United States, over the next 12 months.

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

TechCrunch

’s Seraphim Capital , the country’s only space tech accelerator, has released details of its newest cohort as part of its Space Camp programme, timed with the end of World Space Week last week. Description: “Helix Technologies – enables precision GPS antennas, providing 10cm level accuracy. Helix Technologies.

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ultimate.ai scores $20M for a supportive approach to customer service automation

TechCrunch

The European startup’s flagship claim for the data-ingesting bot-builder platform is it’s capable of automating up to 80% of customer support interactions. “We believe that customer service automation will be its own category in the future and so we are working hard to define what that means today.” Now ultimate.ai

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