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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

which is why we assembled a panel of founders paving the way for a more proactive future in their industries. For us, our focus on reducing consumerism and enabling a circular economy has drawn passionate candidates who care about our mission and want to do more than earn a paycheck.” even (and especially) as the company scales.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. They were brought back together by the pandemic to start the e-commerce enablement company.

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Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

It is also licensed by Indonesia’s central bank, enabling it to offer more services. This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022. Before starting Ayoconnect, founder and CEO Jakob Rost was a managing director at Lazada.

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Truepill’s latest funding boosts valuation to $1.6B as it works on B2B side of healthcare

TechCrunch

After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents like health payers, providers and employer groups. The company’s “big focus is continuing the vision of transforming healthcare,” said Sid Viswanathan, president and co-founder of Truepill.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

It was very fulfilling to see how digitalization has helped our rural bank partners to thrive during the pandemic recovery period and enabled our loyal users to access attractive deposit and loan products digitally. billion) worth of deposits and loans to local BPRs and MSMEs in 2022.

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Five Predictions for 2023

Tomasz Tunguz

The hangover from web3’s raucous 2022 extends into 2023. More than 100 web3-enabled games launch. The fundraising market thaws, but at materially lower prices than the first half of 2022. Flat & down rounds surge to 30% of all mid-stage rounds completed in 2023, up from less than 5% in the first half of 2022.

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Together raises $20M to build open source generative AI models

TechCrunch

There’s scores of competition, including incumbents like OpenAI and Anthropic. Several high-profile angel investors were also involved, including Scott Banister, one of the co-founders of PayPal, and Jeff Hammerbacher, a Cloudera founding employee. According to one source, generative AI startups raised $1.7