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The gray revolution: Fundraising within the older adult space

TechCrunch

We see an emphasis on young founders (“40 Under 40”), innovative ideas and disruptive challenges to legacy brands, incumbent companies and “old” ways of thinking. billion in 2050. The technology industry is often thought of as being the domain of the young and the new. They’re also one of the fastest-growing age cohorts.

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

TechCrunch

According to reports, Africa will be home to the second most vehicle owners in the world by 2050, at 400 million vehicles, spending over $1,000 annually on vehicle parts. That’s a vast market where YC hopes Garage Mobility can be a dominant player in years to come.

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Minna Technologies, a subscription management tool for banking customers, raises $18.8M

TechCrunch

IDC predicts that by 2050, 50% of the world’s largest enterprises will focus the majority of their businesses on digitally enhanced products, services and experiences. Sjöblom told me that by largely working with incumbent banks, Minna is providing them with a way to fight back against challenger banks.