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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

Booz Allen Hamilton, the Virginia-based, defense-focused IT consulting firm, today announced the launch of a corporate venture capital arm, Booz Allen Ventures, that will initially put $100 million toward “strategic” defensive and offensive technologies.

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Prezent.ai secures $20M to gamify deck presentations

TechCrunch

When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. “Alternatives like management consulting and design agencies are expensive and inaccessible to the vast majority of business professionals.” Mishra says that Prezent.ai

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Neso Brands raises $100m, seeks to invest in eyewear brands

AsiaTechDaily

Bjorn Bergstrom has vast experience from consumer scale-ups, venture capital and management consulting. Eyewear has to date been a very traditional industry with large incumbents, but is now ripe for a tech-enabled global transformation.

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Amira Yahyaoui wants Mos to be a ‘radical’ fintech startup

TechCrunch

We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.” “We’re pretty radical about why we’re doing what we’re doing,” she said.

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Ivorian healthtech startup Susu has $1M to scale its family-centric insurance product across Africa

TechCrunch

Having worked in a luxury firm, as an investment banker at JP Morgan and her own consulting firm, Bardet decided to start Susu in 2019. Care bundles are basically medical calendars composed of doctor consultations, nurse visits, medical advice sent by SMS and a combination of other medical activities for patients. “A Susu founders.

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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

The company has facilitated more than 1 million consultations to date and with it, amassed data and operation expertise to be able to expand delivery care at scale. Bhettay is also seeing the larger incumbents focus here, as well as marketing dollars, which he considers validation that the market is shifting to the digitalization of pet care.

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