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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

And according to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.” ” On the flip side, he predicts that corporates with venture capital arms that are “committed to the insurance sector will likely step up their involvement.”

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

TechCrunch

This way of growing users, by getting third-party brokers to use Wefox to advise their own customers, is how CEO and founder Julian Teicke reckons helped the company double its revenues to $320 million last year. and Asia in 2024. billion valuation, while YuLife snagged $120 million at an $800 million valuation just last week.

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Collaborative Disruption at the DoD with Kathleen Hicks and Sharon Weinberger

Andreessen Horowitz

First of all, I think it’s about our 165th attack on us using those sorts of techniques, largely UAS, but a variety of techniques. We are using everything we have. But there are, just frankly, limits to not having the government functioning as it should, and we need that 2024 budget. Kathleen Hicks: Absolutely.

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‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out

TechCrunch

Alongside its aircraft, Volocopter has also been building a business case in which its vessels will be used in a taxi-style fleet in urban areas. CEO Florian Reuter tells us that live services are now two years out for the two vehicle models it has been developing. Funds managed by BlackRock; global infrastructure company Atlantia SpA.;

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Extra Crunch roundup: B2B marketplaces, edtech M&A, breaking into the $1M ARR club

TechCrunch

These articles are only available to members, but you can use discount code ECFriday to save 20% off a one or two-year subscription. trillion by 2024. Even so, according to Merritt Hummer, a partner at Bain Capital Ventures, “B2B marketplaces cannot simply remain stagnant, serving as simple transactional platforms.”

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Pegasus Tech Ventures and Japanet launch new $50M fund to bring global startups to Nagasaki

TechCrunch

Pegasus Tech Ventures , a firm that helps corporations launch startup investment funds, announced a new partnership with Japanet today. These include a building project called Stadium City in Nagasaki that will open in 2024. Pegasus Tech Ventures’ portfolio includes startups like SpaceX, 23andMe, SoFi, Bird, Color and App Annie.