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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

Banks are more and more careful with their own funding of development projects, which means they will also slow down payments on their own side,” Constrafor CEO Anwar Ghauche told TechCrunch. That potential for additional capital gives Constrafor “scalable credit and capital for our business,” Ghauche said.

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Elevate Your Startup’s Future with 4 Financial Forecasting Game-Changers

Entrepreneurs' Organization

For instance, if the forecast indicates a rapid growth trajectory, a startup can confidently invest in hiring or research and development, knowing that the resources will be available. For example, startups with well-prepared forecasts are better equipped to manage through challenging economic environments.

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Celonis secures another $1B to find and fix process problems in enterprise systems

TechCrunch

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line).

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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

Gorgias , developing customer service tools for e-commerce companies, raised $30 million in new Series C capital in a round that boosted its valuation to $710 million. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment.

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I’ve worked with hundreds of unicorns: Here’s what founders and executives need to focus on

TechCrunch

Facing a sea of challenges, leaders have clear opportunities to implement critical changes and prepare for better times ahead. Empower operations to capitalize on better market conditions in the future. Forward-looking owners and C-suite executives who provide strong direction are more likely to steer their companies through the storm.

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

The companies that took their first venture capital during the craze decided to join forces with other well-capitalized competitors. Jomayra Herrera , partner, Reach Capital. The tone also felt balanced: Many admitted that things have changed, but opportunity continues to exist. But the sector is now facing a downturn.

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