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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

At SXSW 2022, Revolution Growth Partner, Todd Klein, joined SparkCharge CEO and founder, Josh Aviv, GoodBuy Gear CEO and co-founder, Kristin Langenfeld, and CAVA CEO and co-founder, Brett Schulman, for a conversation on climate, consumers, and building the sustainable startups of the future. even (and especially) as the company scales.

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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. Klarna, Affirm show how expensive fintech growth can be.

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

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. Melonn is currently working with more than 300 brands and has fulfilled close to 500,000 items –– “well over” 100,000 of which were fulfilled in December.

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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. We still have a lot in store for 2022,” he added. “It billion valuation is “reflective of our ambition.”

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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

Instead of financial engineering and the improved management techniques that PE promotes , we’ll start seeing AI cut costs and make existing companies vastly more profitable…while also enabling new business models to emerge. billion, against almost $2.8 billion of “salaries, commissions, and team member benefits.”

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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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