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Opaque Systems secures cash to keep data private while enabling collaboration

TechCrunch

Opaque Systems , a startup developing what it describes as “AI for confidential computing,” today announced that it closed a $22 million Series A funding round led by Walden Catalyst Partners with participation from Storm Ventures, Thomvest Ventures, Intel Capital, Race Capital, The House Fund, and FactoryHQ.

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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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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

TechCrunch

The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. We have signed contracts that will enable the company to more than triple [growth] in the next month,” Monroy said. “So

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SpotDraft shows that contract lifecycle management remains profitable, raises $26M

TechCrunch

VCs see a rich opportunity in tools to manage the contract lifecycle. Gartner predicts that legal tech spending — which includes CLM — will increase threefold by 2025. We are extremely bullish about our growth opportunities in the coming years and are very well-capitalized to capture these opportunities.”

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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

The round was led by Tiger Global, and existing investor Sequoia Capital India participated. By 2025, nearly 75% of the global population and almost all people who use social and communication apps will be frequent AR users, said Snap in a recent report, for which it collaborated with Deloitte. The founding team of Avataar. Avataar.me

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4 Indian investors explain how their investment strategy has changed since 2021

TechCrunch

After a blockbuster year for venture capital funding in 2021, the flow of capital to Indian startups seemed like it would buck global trends in early 2022, but dried up in the second half of 2022. This has resulted in a difficult environment from a capital availability perspective in India and other emerging markets.