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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Gorra intends to use the new capital to continue technology development on those tools, to add to Rebag’s workforce of 150 people and expand its marketing.

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Despite its many troubles, the insurtech market is ‘far from dead,’ investors say

TechCrunch

As the markets turned early this year, insurtech left most generalist investors’ playbooks almost as fast as Metromile and its peers’ plummeting valuations. The bulk of the buyers, however, would likely be companies involved in insurance themselves – either insurtechs acquiring some of their peers or legacy players.

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

AsiaTechDaily

It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

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MakeSpace Raises an Additional $17.5 million and Unveils Strategy to Make Public Storage the Next Blockbuster Video

Both Sides of the Table

We raised this capital in what has increasingly become a difficult market for fund raising so I’d like to share with you some details on how we get it done. They are the classic case of the Innovator’s Dilemma because they fundamentally can’t innovate on their product and can’t lower costs or their business craters.

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Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

What does it say about us when we don’t allow certain groups of motivated, innovative, and optimistic people access to the resources they need to start up and scale up? It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do.

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The Future of Hospitality is Here

Revolution

While certain categories such as coworking, alternative accommodations, “ibuying”, brokerage, and construction (among others) have adorned the front pages of leading media outlets, we are still very much in the early innings of innovation in the space. However, the consumer experience provided through these platforms is largely inconsistent.

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. If you’re an investor who’d like to participate in future surveys, fill out this form.