Thu.Apr 28, 2022

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Exafunction aims to reduce AI dev costs by abstracting away hardware

TechCrunch

The most sophisticated AI systems today are capable of impressive feats, from directing cars through city streets to writing human-like prose. But they share a common bottleneck: hardware. Developing systems on the bleeding edge often requires a huge amount of computing power. For example, creating DeepMind’s protein structure-predicting AlphaFold took a cluster of hundreds of GPUs.

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Blockchain game Apeiron raises $10m in Hashed-led funding round

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register South Korean blockchain investment firm Hashed , a core backer in the web3 space who have raised over $320 million in the past 12 months, have led the way in investing in Apeiron , the hottest new blockchain game on the market. Developed by Foonie Magus , the game has now raised over $17 million at the close of their seed round for the new play-and-earn NFT god game Apeiron.

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GV’s Frederique Dame on product-market fit: ‘You have one chance at a good experience’

TechCrunch

Fundraising is often presented as the most important step on a founder’s journey, but that is placing the cart before the horse. Until a company builds a growing base of customers who are deeply engaged with its products, asking investors for money is a largely egotistical exercise. After a startup reaches product-market fit, however, savvy investors might compete for a chance to participate.

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India’s Ayu Health scores $27m in Series B funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Ayu Health Hospitals , a fast growing healthcare start-up with a network of 70+ hospitals across India, has announced that it has raised $27 million in Series B funding led by The Fundamentum Partnership, an early growth stage fund founded by Nandan Nilekani and Sanjeev Aggarwal.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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BlocPower wants to evict fossil fuels one building at a time

TechCrunch

BlocPower founder Donnel Baird grew up in the Bedford-Stuyvesant neighborhood of Brooklyn in the 1980s. The area was so poor that buildings often lacked decent heating systems. People would turn on the stove or use electric heaters to compensate for ineffective central heating. It wasn’t safe or efficient, but it was reality for many families, most of whom were Black, living in these deficient buildings at the time.

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More Trending

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Why Latin America’s freight-forwarding opportunity is still attracting capital

TechCrunch

“Investors are pouring money into Latin America’s logistics and shipping businesses,” our former colleague Jon Shieber wrote in 2019. But a pandemic later, amid unrest over gasoline prices across the globe, it’s time for a revisit. Nowports (YC W19) is a good starting point for comparison. In February 2019, the Mexican startup was just graduating from Y Combinator, and in Shieber’s words, “sett[ing] itself up to be the Flexport of Latin America.” Fast-forward

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Nine (Recent) Things About Crypto That Are Actually Incredible

Entrepreneur's Handbook

Most people have missed them. Continue reading on Entrepreneur's Handbook ».

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Glorang scores $10M Series A to expand its edtech marketplace across Asia 

TechCrunch

Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . The new funding, which brings its total raised to $18 million, values Glorang at around $40 million, Glorang CEO and founder Taeil Hwang told TechCrunch. .

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This Dirty Little Secret May Soon Burst the Tech and Social Media Bubble

Entrepreneur's Handbook

If you were relying on ads as your monetization strategy, the gold rush may be coming to a screeching halt. Continue reading on Entrepreneur's Handbook ».

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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We want your pitch decks!

TechCrunch

Over on TC+ , I just launched a new series called Pitch Deck Teardowns! Astute readers may already have figured out what that is all about: You submit a pitch deck and we share it with our readers, highlighting things that are awesome, making suggestions for improvements and celebrating the fun, innovative and surprising things that we find. I am particularly interested in decks that fulfill these criteria: The fundraise was successful : This is just reasonable.

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E-scooter operator Neuron Mobility bags $43.5m to expand globally

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-founded e-scooter and e-bike operator Neuron Mobility , announced that it successfully raised $43.5 million in Series B funding, co-anchored by global venture firms GSR Ventures and Square Peg. The fresh capital will fuel Neuron’s unique international expansion strategy, which is laser-focused on winning highly prized competitive tenders, according to the announcement.

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DeltaX wants to digitize the Andean region’s trucking sector

TechCrunch

Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed round. DeltaX operates in the same space as Convoy , Loadsmart and Sennder – freight forwarding (plainly, helping companies move goods from point A to point B). But the startup focuses on a region of Latin America where trucking is still in dire need of a digital transformation, unlike other countries where this transition has already begun

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Gobi, Ozora Yatrapaktaja launch $10m seed fund for Indonesia’s women startups

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja are partnering together to launch a US$10 million seed fund for women start-ups in Indonesia, called the Ratu Nusa Fund. Focusing on health tech, e-commerce/social commerce, future of work/education, prop tech, enterprise/SME tech and fintech, the Ratu Nusa Fund will be dedicated to supporting women-led seed-stage and pre-

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Two years after Lemon Perfect was spotted in Beyoncé’s limo, the superstar is now a backer

TechCrunch

Lemon Perfect founder and CEO Yanni Hufnagel didn’t know it yet, but his hydrating lemon water brand was about to go viral in 2020, all thanks to an unexpected appearance of the Dragon Fruit Mango bottle in the door of Beyoncé Knowles-Carter’s limo. “She had posted a photo with it in her limo, and all of a sudden my phone blew up,” Hufnagel said. “We came to learn that she was an authentic fan of the brand.

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Vietnamese play-to-earn game Fota raises $8.3m funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register FOTA: Flight of Ages , the play-2-earn blockchain-based project , has raised $8.3 million in its angel fundraising, according to an announcement. Despite the fluctuations of the market in these days, FOTA makes its way to flourish and thrive with a solid, profound roadmap.

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Madison Reed, which made DTC hair color a thing, is now going after larger retail footprint

TechCrunch

Madison Reed proved that women will buy hair color online, but over the years, the company, founded by Amy Errett, opened more than 60 hair color bars across the country, established a wholesale presence with Ulta and later got in on Ulta’s deal with Target while also operating website and Amazon sales. We last checked in on Errett two years ago , when she discussed Madison Reed’s hair color bars, how the pandemic affected the business and a possibility of creating a men’s color category.

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The 6 Most Common Cofounder Arguments (and What They Reveal About The Cause of Cofounder Conflict)

Entrepreneur's Handbook

How to identify and fix the root cause of most disagreements Continue reading on Entrepreneur's Handbook ».

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Payroll provider Symmetrical.ai nabs $18.5M to streamline employee payouts

TechCrunch

Symmetrical.ai , a payroll tech provider, today announced that it raised $18.5 million in financing led by Target Global with participation from Global Founders Capital, Finch Capital, Partech, Market One Capital, and Inovo. The proceeds will support Symmetrical ’s expansion into new European markets and enterprise clients, CEO Piotr Smole? told TechCrunch via email, as well as the growth of the core 65-person team.

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[Quantum Machines in Physics World] Quantum Machines presents Quantum Orchestration Platform at APS March Meeting 2022

OurCrowd

“Our vision at Quantum Machines is to accelerate the realisation of useful quantum computers by providing researchers and engineers with unique technology that allows them to extract the most out of their quantum devices.” So says Yonatan Cohen, co-founder and chief technology officer of Quantum Machines, in this video filmed at the 2022 March meeting of the American Physical Society in Chicago.

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Pitch Deck Teardown: Minut

TechCrunch

Last month, I wrote about Minut and its $14 million Series B round , an investment that closed in December. Today, we are sharing the pitch deck the company used to raise the round, led by Almaz Capital. What does Minut do? The startup has built a privacy-forward hardware solution that helps Airbnb hosts “keep an eye” on their properties without trampling over guests’ privacy.

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The Critical Question Facing Web3 Infrastructure Startups

Tomasz Tunguz

When I hosted this blog on Amazon Web Services, I used 5 products. I paid for them each in US dollars every month. One invoice. Suppose I wanted to rebuild my site on web3 using fully decentralized components. I would pay each product provider in their own token: one for storage, compute, caching/CDN, email subscription management, etc. Tokens reward the validators and the stakers powering the decentralized networks.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Movable Ink, which taps AI to personalize marketing content, raises $55M

TechCrunch

Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital, and others, bringing the marketing software startup’s total raised to $97 million. The investment comes as Movable Ink — which is valued at $1.3 billion pre-money — plans to invest in “AI-driven” products and expand its over-550-employee workforce to more than 700 by 2023.

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Leaky Bucket or Layer Cake? Why You Can’t Ignore GMV Retention

Andreessen Horowitz

Imagine you’re running a marketplace startup — let’s call it ACo — that allows consumers to sell spare items they have around the house. You notice after a few months that only 25% of your new sellers are coming back each month, but they’re selling just as much as they did in that first month. Read More. The post Leaky Bucket or Layer Cake? Why You Can’t Ignore GMV Retention appeared first on Future.

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Deepset raises $14M to help companies build NLP apps

TechCrunch

Natural language processing (NLP), the field of AI that involves parsing text for tasks including summarization and generation, is a fast-growing technology. According to a 2021 survey from John Snow Labs and Gradient Flow, 60% of tech leaders indicated that their NLP budgets grew by at least 10% compared to 2020, while a third said that their spending climbed by more than 30%.

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What Was The First Concert You Attended??

Hunter Walk

Madonna, Like a Virgin Tour, June 1985. We recently took our daughter to her first concert, delayed somewhat by, you know, that COVID thing. It was Billie Eilish at the Chase Center a few weeks back. Good show. I’m glad my kid had enough taste to pick an artist that she likely will look back on with fondness. Part of the fun in watching all the girls rock out to Billie was remembering my own ‘first time.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.