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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

In a statement shared with TechCrunch, Qwili said it would use the investment for app development, new hires (improvement in operations and development capabilities) and hardware production. The company’s hardware is a low-cost NFC-enabled smartphone called Qwili Pula that allows merchants to send and receive payments.

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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

Mage , developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 While collaborating with product developers, Dang and Wang saw that while product developers wanted to use AI, they didn’t have the right tools in which to do it without relying on data scientists.

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Goodyear Ventures, Porsche Ventures invest in virtual sensing company Tactile Mobility

TechCrunch

Israeli startup Tactile Mobility uses existing vehicle sensor data to enable cars to “feel” the road in a way that generates insights about both the vehicle and the road via its cloud platform. Mapping the roads by measuring tire grip enables Tactile to map things like potholes, cracks in the road, slipperiness, snowfall and more.

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Activeloop snags $5M seed to build streaming database for AI applications

TechCrunch

Today the company announced a $5 million seed investment led by 468 Capital and CM Ventures with participation from Tribe Capital, Shasta Ventures and various tech industry angels. The program has been downloaded 300,000 times so far. Activeloop image database. Image Credits: Activeloop.

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How ZoomInfo Enhances Your Database Management Strategy

It's quite a process for marketing teams to develop a long-term data management strategy. Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. It involves finding a data management provider that can append contacts with correct information — in real-time.

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Some frank advice for open-source startups seeking product-market fit

TechCrunch

Arnav Sahu is an investor at Y Combinator Continuity, YC’s growth-stage investing platform. Unlike typical enterprise software companies, open source startups must go through two journeys for finding product-market fit: First, building a product that users would download and use for free, and then building features that users would pay for.

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Browser-based hardware design tool Flux raises $12M

TechCrunch

It’s a phenomenon Flux has been thinking about for a while now, beginning development in 2019 with a team of employees who worked at places like Apple, Facebook and NASA. Today it’s announcing a $12 million seed raise, led by Outsiders Fund and featuring additional investments from Bain Capital Ventures, 8VC and Liquid2 VC.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.