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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

In 2023, the NJEDA awarded more than $3.6 Somerset County): Demonstrating a 5Ah zinc-ion battery for use in energy storage applications, which are safer, faster charging, and half the cost of incumbent Lithium Iron Phosphate (LFP) batteries. million to 14 startup companies under Round One of the pilot program. Coulomb Technology, Inc.

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The Complete Guide to SaaS Pricing Strategy

Tomasz Tunguz

Longer sales cycles : Recent data shows usage-based pricing models experienced 29% longer sales cycles in 2023 compared to 21% for seat-based companies. This creates anxiety in the purchasing process that doesn’t exist with more predictable seat-based models. What should my unit of pricing be?

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Bond Pet Foods enters meat proteins phase with $17.5M Series A

TechCrunch

The facility is expected to be complete in the first quarter of 2023, and Kelleman expects initial meat proteins to be ready for commercialization in two years. Last November, Bond kicked this off by announcing a partnership with Hill’s Pet Nutrition to develop a craft meat protein for its product portfolio.

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

AsiaTechDaily

In 2023, we hope to reach a wider market, particularly BPR users and partners outside of Java and Bali,” said Hendry Lieviant, CEO of Komunal. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. But in Intrator’s eyes, the incumbents aren’t set up to meet the demand of thousands of new AI companies clamoring for GPUs — at least not at CoreWeave’s (ostensibly lower) prices.

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

There’s another reason why fundraising is harder for insurtech founders in 2023. “We are still bullish on insurtech and we have been active in 2023,” said Hélène Falchier, a partner at Portage Ventures. .” Wechsler said, “Many firms who dabbled in insurtech (A.K.A. tourist investors”) have left the space.

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. “We have seen in the past couple of years some of the incumbent networking vendors starting to adopt our model,” said Susan. Internet usage continues to skyrocket, with 29.3