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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth. This is more flexible than fixed payment periods.

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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

Combined, both rounds have awarded over $5 million to support demonstration projects conducted by innovative New Jersey companies, accelerating the commercialization and deployment of clean energy technologies. In 2023, the NJEDA awarded more than $3.6 million to 14 startup companies under Round One of the pilot program.

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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. If you are interested in entrepreneurship, innovation and accelerating your growth, then you will want to register for EO24/7 , EO’s annual virtual-learning event. We used this type of expert knowledge to power our semantic engines.

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

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. “The appointment of Lip-Bu Tan as the newest member of Sima.ai’s board of directors is a strategic milestone for the company. . After emerging from stealth in 2019, Sima.ai

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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth. This is more flexible than fixed payment periods.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

“Places like India, Africa and Latin America could accelerate at the same time because they are mainly starting from zero. As part of the investment, Clara Sieg, partner at Revolution Ventures, is joining the company’s board. She told TechCrunch she met the company’s co-founders through the Portland ecosystem.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. We knew a relationship with TransUnion in particular had the capacity to significantly accelerate our business,” he said. Markets at TransUnion, is taking a seat on Spring Labs’ board.