Tue.May 03, 2022

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Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographic

TechCrunch

Truist — one of the nation’s largest financial institutions — has acquired Long Game , a 12-person fintech startup that has raised over $20 million in venture capital, executives have told TechCrunch exclusively. As of June 2021, Charlotte, N.C.-based Truist was the 10th largest bank, with $509 billion in assets. It was formed in 2019 as a merger between BB&T and SunTrust banks.

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Investing in Graphite

Andreessen Horowitz

We are now in the era of collaborative building, enjoying the benefits of many popular open source projects which power every company’s software stack. This new behavioral trait also permeates through every organization’s internal development processes. Developers benefit from not … The post Investing in Graphite appeared first on Andreessen Horowitz.

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Point closes on $115M to give homeowners a way to cash out on equity in their homes

TechCrunch

Historically, homeowners could only tap into the equity of their homes by taking out a home equity loan or refinancing. But a new category of startups have emerged in recent years to give homeowners more options to cash in on their homes in exchange for a share of the future value of their homes. One such startup, Palo Alto-based Point , announced today that it has raised $115 million in Series C funding after a year of rapid growth.

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Weekly #3: Your Business is Nothing Without True Fans

Entrepreneur's Handbook

Welcome to another edition of our new newsletter! You’ll receive the best practical startup advice straight to your inbox every week. If you haven’t checked it out yet, we launched the newest arm of the handbook brand last week?—?the Crypto Handbook ?—?and revealed our new Entrepreneur’s Handbook Community. We even launched an NFT. Brand building is exciting, right?!

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Pangea to unlock diaspora remittances as funding source for African startups

TechCrunch

Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. And as annual inflows grow, Pangea’s country director and CEO for Kenya Anne Lawi told TechCrunch, diaspora remittances can be tapped to increase the amount of funding injected

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Prisma raises $40M for its open source ‘Rosetta stone’ for database languages

TechCrunch

When it comes to building databases and other backend software development, different organizations and developers do not always speak the same language. Today a startup called Prisma that’s built a platform — based around a server-side library — that lets users write in the languages that are most intuitive to them, but lets that work carry across their organizations’ wider ecosystem of apps, is announcing $40 million in funding to continue expanding its business.

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Investing in Lumos

Andreessen Horowitz

It’s not an overstatement to say that identity has always been at the core of the Internet. Indeed, the first transmission to ever be sent across the Internet in 1969 was an attempt to log into a system. The authentication … The post Investing in Lumos appeared first on Andreessen Horowitz.

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Sleuth wants to use AI to measure software developer productivity

TechCrunch

As knowledge workers including software engineers shifted to remote work during the pandemic, executives expressed a concern that productivity would suffer as a result. The evidence is mixed on this, but in the software industry particularly, remote work exacerbated many of the challenges that employees already faced. According to a 2021 Garden survey , the majority of developers found slow feedback loops during the software development process to be a source of frustration, second only to diffi

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GD1 launches New Zealand’s first crypto/web3 VC fund

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Global From Day 1 (GD1) has announced New Zealand’s first dedicated web3/Crypto focused venture capital fund. The US$5 million fund, ‘GD1 Crypto Fund 1’, will be led in-house by renowned cryptocurrency and web3 expert Nawaz Ahmed as General Partner.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Mooji is 3D printing plant-based meat

TechCrunch

Earlier last month, we featured Mooji Meats , noting the food tech startup’s plans to raise a $2.5 million seed planned to accelerate its 3D printing technology. Turns out the Baltimore-based firm got all that and more. Today the Y Combinator grad is announcing $3 million raised in a round featuring The Good Startup, Collaborative Fund, Lever VC and AgFunder.

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AccelByte scores $60m in SoftBank-led Series B funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register AccelByte , a platform for game backend services and tools, announced that it has raised $60 million in Series B funding. The investment was led by SoftBank Vision Fund 2 , with participation from Sony Interactive Entertainment and existing investors Galaxy Interactive and NetEase.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

As the use of AI becomes more common throughout the enterprise, the demand for products that make it easier to inspect, discover and fix critical AI errors is increasing. After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget.

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Student teams from OSU, TU and East Central claim Love’s Cup top awards

Innovation 2 Enterprise

May 3, 2022. Contact: Sarah Seagraves, Senior VP for Marketing. (405) 813-2403. or email sseagraves@i2E.org. Teams led by student innovators from Oklahoma State University, the University of Tulsa and East Central University claimed first place awards in the recent statewide Love’s Entrepreneur’s Cup business plan competition. Team Titan Charts from Oklahoma State University won first place and a $20,000 award in the High Growth Graduate Division, while Solar Mineralis from the University of Tul

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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Valence raises $25M to track team performance with continuous reviews

TechCrunch

Valence , a growing teamwork platform, today announced that it raised $25 million in a Series A round led by Insight Partners. Co-founder and CEO Parker Mitchell said that the tranche will be used to triple the size of the company’s team to 75, expand its sales footprint (particularly in Europe), and build out Valence’s product team. What constitutes a “teamwork platform,” exactly?

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How The Abercrombie CEO Proved the Startup Community Wrong

Entrepreneur's Handbook

You don’t have to make things people want in order to make billions of dollars. The opposite strategy may work even better. Continue reading on Entrepreneur's Handbook ».

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SLAMcore just raised $16M to help robots get around

TechCrunch

The more of our world we share with robots, the more important it is to help them find their way. Founded in 2016, navigation is at the heart of what London-based SLAMcore does. In fact, it’s right there in the name — SLAM being a common robotics acronym for “Simultaneous localization and mapping.”. The company has developed technologies that can be deployed on a wide range of robotics systems, from vacuums to the more advanced autonomous systems being deployed in warehouses across the U.S

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An Easy 3 Step Process To Get Yourself and Your Business into The Media

Entrepreneur's Handbook

It is easy if you have the right process in place. Here it is. Continue reading on Entrepreneur's Handbook ».

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Monetizing Analytics Features

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. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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How Graphite turned an internal side project into a $20M Series A

TechCrunch

Graphite’s founders came from Facebook, Airbnb and Square, three companies where they had access to sophisticated code review tools. When they started Graphite, originally as a mobile development tool company, they missed those tools they had at the bigger companies and began to build one to use internally. They soon realized that the tool they built for themselves gave developers access to a set of capabilities previously only available to people working at larger, more sophisticated companies.

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[DailyPay in PR Newswire] SONIC Drive-In Employees Can Access Their Earned Pay Whenever They Need It Through DailyPay Partnership

OurCrowd

NEW YORK, May 3, 2022 /PRNewswire/ — Great American Hospitality, LLC, a SONIC licensee, has partnered with DailyPay to provide on-demand pay to its employees. Through this partnership, hundreds of SONIC employees can now access their pay immediately after completing a shift, providing financial flexibility. With the power of choice and control over their earned pay, employees can pay bills, spend, save, or invest on their own schedule, not on an arbitrary payday schedule.

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Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and May the 3rd be with you. Did we get that meme right? Today, we are thrilled to see a16z planning $50 crore (that’s $500 million) worth of investments into Indian startups in its newest fund. We are also keeping a close eye on Thrasio as it names a new CEO and executes a round of layoffs – Christine and Haje.

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[Flytrex in Media Automate] Chili’s Is Testing Drones and Robots to Save on Supply and Labor

OurCrowd

Quick-food giants, similar to Starbucks, Domino’s, and Chipotle, are sometimes the primary movers on the subject of restaurant innovation. Informal-dining chains are sometimes the final to undertake new applied sciences. Read more here. The post [Flytrex in Media Automate] Chili’s Is Testing Drones and Robots to Save on Supply and Labor appeared first on OurCrowd Blog.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Hiring top startup talent on a budget during the Great Resignation

TechCrunch

The Great Resignation wasn’t ginned up by corporate media to sell advertising impressions — if you’re trying to hire, the struggle is real. Since the pandemic began, the percentage of workers who quit their jobs reached a 20-year high, according to the U.S. Bureau of Labor Statistics. A Pew Research study found that most workers exit for one of three reasons: They’re not making enough money, aren’t being offered opportunities to advance, and perhaps most importantly, many feel like they’re

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To Start Building a Community, Master These Two Concepts

Andreessen Horowitz

Increasingly, building a successful startup involves not only building a product that people can’t get enough of, but also building an engaged, loyal community around that product. Today, most founders are acutely aware of the value of community. In CMX’s 2021 Community Industry Report, 86% of respondents (community managers from 508 different companies) said community.

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HOF Capital brings in $300M for second early-stage fund

TechCrunch

When you do something well once in venture capital, you want to keep repeating it, and HOF Capital plans to double down on its strategy of focusing on pre-seed through Series A, now with a brand new $300 million fund, its second institutional early-stage fund. Hisham Elhaddad, Onsi Sawiris and Fady Yacoub co-founded the venture capital firm in 2016 after emigrating to the U.S. from Egypt 11 years ago.

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[Anodot in Forbes] How To Adopt AI-Based Business Intelligence Solutions When Traditional Dashboards Fall Short?

OurCrowd

More than 59 zettabytes (ZB) of data will be created, captured, copied and consumed in the world this year, according to IDC. In this fast-paced digital environment, organizations are struggling with traditional dashboards and business intelligence platforms to see the entire picture, as the volume of data isn’t being fully analyzed and opportunities to proactively act on data-driven insights are missed. .

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.