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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. The result of those major disruptions? billion in 2019. .

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. . billion by 2025. After emerging from stealth in 2019, Sima.ai “I founded Sima.ai “Sima.ai

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

TechCrunch

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.

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South Africa’s Mobiz nabs $4M to expand personalized SMS marketing into the US

TechCrunch

The investment comes as the startup is ramping up efforts to expand into the U.S. Part of the investment will be used to hire more staff in South Africa and support the commercial expansion to the U.S. “How we’ve disrupted our space in South Africa, we see an opportunity over there. ” The SMB market in the U.S.

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India’s central bank cracks down on fintech startups

TechCrunch

Fintech startups are convinced that banks have lobbied the RBI to reach this decision, employing the age-old tactic where incumbents cry foul and rely on the regulator to rescue the day. But until some change or clarity arrives, large disruptions are expected. Some banks have been employing the same strategy for like a decade!”

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