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

American Entrepreneurship

Funding for Round 2 of the Pilot Clean Tech Demonstration Program is provided through a Memorandum of Understanding (MOU) between the NJEDA and the New Jersey Board of Public Utilities (NJBPU) to support early-stage, New Jersey-based clean tech companies. Amatec Inc. Coulomb Technology, Inc.

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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. Krupa Srinivas is the co-founder of Owned Outcomes, a software company that enables data-driven decision making for healthcare providers and payers as they seek financial sustainability alongside clinical outcomes in patient care.

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

TechCrunch

Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions. As part of the investment, Clara Sieg, partner at Revolution Ventures, is joining the company’s board. “In the process, you end up having to also be compliance experts just to be able to do it.”.

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

TechCrunch

today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. After emerging from stealth in 2019, Sima.ai It brings Sima.ia’s total capital raised to $150 million.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

ManageXR announced today it has raised a $4 million seed round led by Rally Ventures , with venture partner and previous lead angel investor Jay Borenstein joining the company’s board of directors. . ManageXR built an enterprise device management platform designed for VR and AR devices to serve as the core infrastructure for organizations.

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Why Draper Esprit doubled down on its status as a publicly listed VC

TechCrunch

To understand why Draper Esprit not only decided to stay public but doubled down on its structure by moving to the main boards in London and Dublin, we got on the horn with the firm’s co-founder, Stuart Chapman. So, by stepping up, we enable ourselves to go into more generous funds as well as tech funds [that] have a minimum bar.

VC
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Logistics and procurement on autopilot is the future Cofactr wants to live in

TechCrunch

By providing these products as a unified strategic solution, the goal is to enable hardware manufacturers the ability to get to production volume without investing in the specialized facilities or headcount historically needed to manage electronic components. ” The passage of the CHIPS Act could launch another US startup renaissance.