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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. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm , Natasha Mascarenhas and me riff on all things startups! billion in an all-stock deal that was a reflection of its continued push into consumer finance. Welcome to my weekly fintech-focused column.

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Hungryroot co-founder’s new venture, Noops, a plant-based pudding startup, raises another $2M

TechCrunch

Just two months after securing $2 million in pre-seed funding , plant-based pudding startup Noops is announcing an additional $2 million round led by Lerer Hippeau. As part of the investment Larry Appel, former CEO of The Fresh Market, and Benjamin McKean, CEO of Hungryroot, will join the company’s advisory board.

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Monzo Makes Money Work For Everyone

Y Combinator

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. expectations.

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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. The CEO is Guru Hariharan, who you might remember from retail analytics company Boomerang Commerce , a Startup Battlefield finalist in 2014.

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After selling Bread last year for over $500M, this founder just raised millions for his new fintech startup

TechCrunch

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. Coast co-founders Daniel Simon and Andrew Woolf.

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Crypto tax software provider TaxBit raises $130M at a $1.33B valuation

TechCrunch

The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicor n, with a valuation of $1.33 It also brings the startup’s total raised to $230 million since brothers Austin and Justin Woodward founded the company with their cousin Brandon Woodward in 2017.