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The next wave of supply-chain innovation will be driven by startups that help incumbents win

TechCrunch

For years, the prevailing narrative for innovation in supply chain has focused on the disruptors: Upstarts that enter the industry with new technologies and business models to displace incumbents. Enablers take on the unglamorous role of helping incumbents stay relevant. The quiet engines driving transformation.

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Digital freight forwarder Forto raises another $50M in round led by Inven Capital

TechCrunch

The round was led by Inven Capital, a growth fund out of the Czech Republic. Additional investment came from Iris Capital, with strong participation from current investors, including Rider Global, Northzone, Cherry Ventures and the Italian venture fund H14. It’s now raised $103 million since its launch in 2016.

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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

VCs include WndrCo, DN Capital, Kismet Capital, Spike Ventures, Quiet Capital, Endeavor Catalyst, FJ Labs, VentureSouq, Nellore Capital and Moving Capital. Most people in French-speaking Africa are unbanked due to a lack of trust in incumbents and inefficient banking solutions. After earning a Ph.D.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

Or that venture capital is a meritocracy? This doesn’t take into consideration, however, that venture capital is a financial product—a product that works for some people and doesn’t work for others. One, it usually implies that you’re going to start going cash flow negative to accelerate growth. That adds risk.

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

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others.

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Ola Electric in talks to raise at over $2.75 billion valuation

TechCrunch

Falcon Edge Capital is in advanced talks to lead the round, which values Ola Electric between $2.75 Incumbents, despite all their resources have launched products which appear as another variant of an ICE product and lack the punch. billion to $3.5 The electric scooter offers a range of 121 kilometers (75 miles) on a complete charge.

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10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future

TechCrunch

The COVID-19 pandemic didn’t just upend the transportation industry. Rachel Holt , co-founder and general partner, Construct Capital. COVID-19 disrupted virtually every sector of the transportation industry. What is the fundraising model of success for transportation startups of the future?