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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

It introduced a corporate credit card in 2022, which has quickly become the most-used card among its users. Mercury is a disruptive company with a bold vision for the future of banking, said Sonya Huang, partner at Sequoia Capital. Since its last funding round, Mercury has expanded its capabilities in notable ways.

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Figma's S-1: A PLG Powerhouse

Tomasz Tunguz

Figma’s collaborative design tool platform disrupted the design market long-dominated by Adobe. multiple to estimate forward revenue yields an estimated IPO valuation of approximately $21B 2 - a premium to the $20B Adobe offered for the company in 2022. Yesterday, Figma filed its beautifully designed S-1. Non-GAAP Op Margin 17.0%

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EnCharge AI Raises $100M for Development of First-of-its-kind Analog In-memory-computing AI Chips

American Entrepreneurship

Founded in 2022, Encharge AI is led by CEO Naveen Verma, CTO Kailash Gopalakrishnan, and COO Echere Iroaga, all veteran technologists with semiconductor design and AI systems backgrounds. Verma, a Princeton University professor since 2009, has conducted pioneering research in next-generation computing technologies.

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Rising Tide: The Business of Climate Innovation

Revolution

You can’t address climate change and ignore emerging markets.”  — Ryan Levinson, SunFunder co-founder Ryan’s path at SunFunder (which was acquired by Mirova in 2022) — from crowdfunding solar projects to partnering with institutional investors in emerging markets — offered a global view of what it takes to scale.

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Announcing the Startup Battlefield 200 at TechCrunch Disrupt 2022

TechCrunch

TechCrunch Disrupt 2022 is weeks away, and today I’m thrilled to announce the 200 startups selected to participate in the first ever Startup Battlefield 200 cohort. They’re the only startups allowed to exhibit at Disrupt, and you’ll find them on the expo floor for all three days of the show! .

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Exhibit free at TC Disrupt 2022 as one of the Startup Battlefield 200

TechCrunch

Exhibiting your early-stage startup at TechCrunch Disrupt this year looks a whole lot different than any previous year, and it’s really big news. For the first time ever, TechCrunch will invite a curated cohort of 200 early-stage startups — officially known as the TechCrunch Startup Battlefield 200 — to TC Disrupt.

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What Happened In 2022

A VC: Musings of a VC in NYC

What happened in 2022 is the bottom fell out of the capital markets and the startup and tech sector more broadly. Well, it happened in 2022. Many large centralized entities; lenders, exchanges, crypto funds, etc, blew up when the value of web3 assets declined 70-90% over the course of 2022. This is the first of these two posts.