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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

As the imperative to tackle climate change mounts and more consumers seek brands that align with their environmental values, major companies have sustainability firmly on their radar. Another waste-reducing initiative: using the residual liquid from cooking chickpeas (known as aquafaba ) to make more flavorful and sustainable garlic dressing.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. The post Komunal secures $8.5m

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

TechCrunch

Forto will be using the new funding to accelerate the development of its supply chain management solutions by adding order management and value-added services. Not only do customers get incredible insights into their supply chain, they can also make smarter, sustainable decisions.”.

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why?

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Sweden-based digital bank Northmill raises $30M

TechCrunch

The injection of cash will be used for continued geographical expansion and to accelerate the development of new products. Notably, this will include plans to launch in 10 new markets as Northmill aims to step on the gas. Next stop, Norway.

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Defending a Startups Greatest Asset through Recession & Recovery

Tomasz Tunguz

During those processes, the team should collaborate on different scenarios and identify the signals to slow, maintain, or accelerate spending. Lee underscored the importance of involving a broader team in hard-financial decisions to build trust. The areas to trim cost depend on each business’s situation. Compensation.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

“However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. Lambert served as Director at Google’s Area 120, where he led the division’s sustainability investments. We’re developing heat pumps that are better than any HVAC system of any kind.

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