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Eight Ben Franklin TechCelerator Finalists Chosen from Erie, Pennsylvania!

Ben Franklin Technology Partners

Out of 14 applicants, eight finalists were selected to participate in Ben Franklin Technology Partner’s TechCelerator Business Bootcamp , a program designed to help entrepreneurs explore the likelihood of success for a startup business idea. Over the past ten years, the program has helped create dozens of new tech startups.

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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. The rosters of existing investors participating in the round are Y Combinator, 500 Startups, and Plug and Play Ventures. Regional VCs like Seedra Ventures, LoftyInc Capital, and Essa Al-Saleh (CEO of Volta-Tucks) also took part.

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Hydration brand Cure mixes new funding into its growth plans

TechCrunch

It’s been a hot minute since TechCrunch checked in on the brand — almost three years, actually — which is carving out a unique niche in the $10 billion functional drink mix market that founder and CEO Lauren Picasso told TechCrunch has “exploded” in the past 12 months. Some of those other functional beverage startups are also venture-backed.

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

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend

TechCrunch

European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 Wefox’s Series D round, which is compromised of equity and debt, was led by Mubadala Investment Company, with participation from LGT, Horizons Ventures and Omers Ventures.

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WeWalk raises cash to bring computer vision to smart cane for visually-impaired people

TechCrunch

based startup developing a “smart cane” for visually-impaired people, today announced it has raised £2 million ($2.4 million) in venture funding from several notable institutional and angel investors — this includes Manchester City and German international footballer İlkay Gündoğan. WeWalk , a U.K.-based

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Plantish fishes for restaurant partners to try plant-based salmon filets

TechCrunch

Alternative seafood startup Plantish believes it is close to initial distribution of its whole-cut salmon filet via restaurants. State of Mind Ventures led the round and was joined by Pitango Health Tech, Unovis, TechAviv Founder Partners, SmartAgro, E2JDJ, Alumni Ventures, FoodHack Syndicate and OurCrowd.

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