Remove 2021 Remove financing Remove incumbents Remove mix-use
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Tile secures $40 million to take on Apple AirTag with new products

TechCrunch

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. During the first half of 2021, Tile says revenues increased by over 50%, but didn’t provide hard numbers. A base plan is $29.99

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Big Tech is now worth so much we’ve forgotten to be shocked by the numbers

TechCrunch

And, in a series of results that could indicate a hot market for startup growth, they had a smashingly good first quarter of 2021. Myles Udland , a reporter at our sister publication Yahoo Finance, has at least part of the puzzle in a piece he wrote this week. That became $4 trillion in mid-2018. Fair enough. A long, weird week.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

billion valuation, which is 85% below its June 2021 raise…As prices and valuations stabilize, we will see deals ramp back up.”. Looking ahead, KPMG’s view on the prospects for financial services M&A over the next six to 12 months is mixed. Klarna recently raised $800 million at a $6.7 ” Image Credits: Paystand/Yaydoo.

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What goes up must come down

TechCrunch

Months after acquiring gamified finance mobile app startup Long Game, Truist Financial Corporation has introduced the Truist Foundry, an innovation division that it says “will function as a startup within the bank.” BNPL player Affirm last week reported mixed financial results. Image Credits: Kuzma / Getty Images. Weekly News.

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As ChatGPT hype hits fever pitch, Neeva launches its generative AI search engine internationally

TechCrunch

Generative AI , essentially, describes the process of using algorithms to create (“generate”) new content. market in June 2021 , and later went on to add a free “basic” tier to the mix with certain restrictions in place.

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

Platforms that are transforming how people and businesses operate, go about their business or leverage their core assets, using superior products, data and AI. Any area that needs to compete both with incumbents and also a set of already successful “new age” companies that made the first step of meaningful disruption.

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

The mix of positives such as a fast-growing population–the youngest globally–, solid smartphone penetration, increasing crypto adoption, and negatives like low GDP per capita across board and unemployment makes Africa the next ripe ground for web3. For instance, users can save their data spend when they use Jambo.