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Australia’s Avarni raises $3m to speed up decarbonization efforts

AsiaTechDaily

Register Australian carbon management startup Avarni raised $3 million to streamline the future of carbon management in a funding round led by deep tech venture firm Main Sequence. Avarni’s traction with some of the world’s largest consultancies and their clients put them in a great position to help decarbonize the planet, Zimmerman added.

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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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Avarni is building a comprehensive dataset to analyze supply chain emissions 

TechCrunch

The Sydney, Australia-based startup announced today it has raised $3 million for its carbon management platform. Its clients include consulting firms like KPMG Australia and Point B, and solar energy startup 5B. . The startup monetizes by charging professional services and consultancies a flat fee each month based on licenses.

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Should Founders Still Raise in an Economic Downturn?

Dream It

If a customer is not looking to adopt your product, there may still be consulting work your team can do. In general, companies can expect to come out of accelerators at half the valuation they would otherwise have in favorable economic environments. Startups that survive will emerge stronger because of their resiliency.

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

TechCrunch

Matt Armanino serves as the CEO of national consulting and accounting firm Armanino, where he focuses on driving firmwide growth and innovation. Recent economic headlines have been dominated by the declining stock market, rampant inflation and widespread talk of recession. Matt Armanino. Contributor. Share on Twitter.

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

StartupNation

To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

TechCrunch

The Information reported in late August that Arctic Wolf was in talks to raise $300 million, making this round a decided success in a punishing macroeconomic environment. This week, Crunchbase further noted that while cyber startups saw more funding in H2 than all of 2020 ($8.9 Through the same period in 2021, startups had around $13.3