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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

“Now was the time to raise the capital and use it to drive our expansion,” De Gruchy said. “I set out to answer that problem and defeat the incumbent solution — the clipboard — and that’s the seed that became Infogrid today.” IoT companies raising funds in 2022 pulled in $15.9

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Why the startup sector should keep its eye on the SEC

TechCrunch

The SEC’s current agenda — a public list of the regulations the agency is considering — contains proposals that will increase barriers to capital for companies and funds, constrain investor access and potentially push more companies from private to public. In short, the SEC’s actions could slow one of our greatest engines of innovation.

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The Interchange: Stripe takes a swing at Plaid

TechCrunch

In other words, incumbents in some cases need fintechs even as they compete with them. On a more positive note, Tage Kene-Okafor wrote about how Rali_cap , an early-stage venture capital firm focused on investing in fintech in emerging markets, launched a $30 million fund. Image Credits: Long Game CEO and co-founder Lindsay Holden.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. Specifically, it said, in Q2 2022, “ VC investment in fintech companies fell 17.8%

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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. Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us.

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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

billion last year — up 153% year-over-year in terms of global VC deal value. For example, Brex announced last week that it provided $10 million in growth capital via venture debt to Zesty.ai, a leading provider of predictive data analytics in the climate risk space. Capitolis valued at $1.6B Image Credits: Mila Ferrell / Cervin.

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

TechCrunch

In fact, Galileo founder Clay Wilkes introduced the VC firm to Dan Snyder, Lower’s founder and CEO. The two companies have a few things in common besides being profitable: they were both bootstrapped for years before taking institutional capital and both have headquarters outside of Silicon Valley. “We