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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Use alternative financing to fuel VC-level growth without diluting ownership. Use alternative financing to fuel VC-level growth without diluting ownership.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The report, which included analysis from McKinsey & Company, says its assertions are backed by an acceleration in strong market fundamentals and the impact of the pandemic. The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

The main thing is getting construction companies and contractors to accelerate their adoption of the tech and the labor shortage issue is putting substantial pressure on them to act. AI has also begun to play a bigger role in the construction supply chain, production scheduling, labor management, insurance and financing, risk assessment etc.

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YC’s latest batch cuts African startup presence by more than half

TechCrunch

According to the accelerator, the decision to downsize the S22 batch — significantly smaller than its most recent batches — was a result of the economic downturn and changes to the venture funding environment this year. Last month, Y Combinator said that it had intentionally reduced its summer cohort by 40%.

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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

Unlike WeWork, the business actually has a fair shot at working out — especially given business trends that have accelerated in response to the health and safety measures implemented to stop the spread of the COVID-19 pandemic. Not that dream is subsidized by VC.” As REEF acknowledges, cities are the future.