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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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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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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

TechCrunch

And according to a new report from Salient Advisory, a global healthcare consulting firm, this is the segment where the most impressive growth has occurred for Africa’s healthcare in the last 12 months. It will give these startups access to market opportunities and showcase them to impact investors and venture capitalists.

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Leonard Brody: The Great Rewrite

Entrepreneurs' Organization

While technology may be the catalyst of the rewrite, this is a deeply human story: How are executives and entrepreneurs, consultants and thought leaders metabolizing dynamic technological advancement to create game-changing innovation for their employees and their customers? Along with new competition comes new opportunity.

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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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The Importance of Due Diligence when Investing in Startups

propel(x)

Due diligence on a startup can be divided into the following two components: Industry due diligence , which refers to the big picture and involves understanding the industry, who are the incumbent players in the market, who are the competitors, what competitive advantage the startup has, what their chances of success might be, and similar research.