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LG and the hunt for the next-gen corporate incubator

TechCrunch

Whatever you do, don’t refer to LG’s incubator program LG Nova as a corporate venture capital (CVC) outfit. “CVC, as you know, is a venture capital play. The areas are digital health, the metaverse, EV infrastructure and “smart lifestyle.” “Are we a CVC? The answer is no.

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Free Money for Student Tech Founders

David Teten VC

The DEBUT Challenge is a contest for undergraduate student teams working on innovative solutions to unmet health and clinical problems. The “Elevate” Black Entrepreneurs Scholarship is awarded to “a Black undergraduate or graduate school entrepreneur who is currently building or who aspires to build a new business.”

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch

Finally for startups there’s a $31 billion available for programs that give small businesses access to credit, venture capital, and R&D dollars. “Across the country, pipes and treatment plants are aging and polluted drinking water is endangering public health. ” Climate resiliency .

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The Rise of the Rest Class of 2019

Revolution

I had the good fortune of providing leadership in an acquired business located in Orlando, FL while being an executive at a MedTech Fortune 500. and yet I always had the desire in my heart to start my own health technology company that would improve people’s lives. My family and I relocated several times to various parts of the U.S.

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The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

TechCrunch

The second is that companies YC backed four to five years ago, after raising a series of venture capital rounds, are now commanding huge valuations that they didn’t have in 2018. There were 141 companies from 24 countries in the winter 2018 batch , compared with 377 companies across 47 countries in the summer 2021 group.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Ahrefs “Ahrefs is an SEO software company that helps optimize websites of any scale — from giants like Netflix, Facebook, Uber, and Forbes to small businesses looking to build their presence on Google’s top page.” Ahrefs claims to have become a $100 million company in annual revenue without venture capital.

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8 factors to consider when fundraising during a downturn

TechCrunch

Early-stage investments are also tightening, as investors focus on lower valuations that accommodate revised paths to an exit, and on business health, which is now becoming more important than growing at any cost. We recommend that companies secure 24+ months of runway with any fundraise today.