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

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. It also plans to soon offer embedded finance products. And in January, fulfillment is up 20% compared to November of 2021. Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. So, just how does it work?

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Some of the opportunities involve machines, while an equal amount of opportunity lies in the software behind the machines. Travis Connors, Building Ventures At Building Ventures, we see enormous opportunities developing for the use of robotics in construction over the next 20 years. I’m excited to watch this space evolve.

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Walmart invests $200 million in Indian mobile payments giant PhonePe

TechCrunch

PhonePe has previously said that it plans to raise up to $1 billion as part of the ongoing financing round. “We The startup doesn’t expect to turn EBIDTA positive, a key profitability metric, until calendar year 2025, KMPG wrote in its valuation report. Google’s GPay and PhonePe currently process more than 80% of all UPI transactions.)

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

TechCrunch

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities.

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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. After bringing in $8 million in a few rounds over the years, Zubale is back with a new cash infusion of $40 million in Series A financing led by QED Investors.

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

TechCrunch

million, including some financed by the founder and chief executive in the early years, across all funding rounds. 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. Avataar.me

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Exo secures $200M toward commercializing ultrasound device

TechCrunch

Exo , pronounced “echo,” raised a fresh cash infusion of $220 million in Series C financing aimed at commercializing its handheld ultrasound device and point-of-care workflow platform, Exo Works. billion by 2025 and will grow 5% annually over that period. He was “immediately compelled” by the technology and the opportunity to scale.