Mon.May 30, 2022

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Ayoken raises $1.4M to grow its NFT marketplace for creatives

TechCrunch

Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue streams through digital collectibles. The startup’s marketplace, Ayokenlabs , will feature digital collectibles from musicians, sports brands and influencers from all over the world. Ayoken founder and CEO, Joshua King , told TechCrunch that the marketplace is a bridge between fans and artists, and gives supporters a sense of ownership in the success of their idols.

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GoTo Group posts strong start to 2022 as gross revenue grows 53% in Q1

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register PT GoTo Gojek Tokopedia Tbk ( GoTo Group ), the largest digital ecosystem in Indonesia , posted a strong start to 2022, with year-on-year Q1 gross revenue growth of 53%, outpacing GTV growth of 46%, its filing showed. Gross revenue for Q1 stands at Rp5.2 trillion and GTV at Rp140 trillion.

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Strong Compute raises $7.8M seed round to speed up ML training pipelines

TechCrunch

Strong Compute , a Sydney, Australia-based startup that helps developers remove the bottlenecks in their machine learning training pipelines, today announced that it has raised a $7.8 million seed round. The round includes a total of 30 funds and angels, including the likes of Sequoia Capital India, Blackbird, Folklore and Skip Capital, as well as Y Combinator, Starburst Ventures and founders and engineers from companies like Cruise, Waymo, Open AI, SpaceX and Virgin Galactic.

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Asian investment specialist Fullerton raises $100m first close for Thai PE strategy

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Asian investment specialist Fullerton has successfully closed its first round of fundraising for a Thai direct private equity strategy at $100 million. The strategy targets small to mid-market companies with exposure to Thailand’s long-term growth, with potential to capitalise on attractive post-Covid valuations, and aims to deliver outsized returns of two times MOIC and 20% IRR over t

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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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One AI raises $8M to curate business-specific NLP models

TechCrunch

Whether to power translation to document summarization, enterprises are increasing their investments in natural language processing (NLP) technologies. 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 spending climbed by more than 30%.

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SWVL plans to lay off 32% of its team two months after going public

TechCrunch

Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce it said in a statement today. The company’s LinkedIn profile shows it has over 1,330 employees. Letting go of over 30% of its workforce means that around 400 people will lose their jobs at the mobility company. Tech companies, private and public, have faced a reckoning in the past few months with their valuations taking a beating.

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Indian edtech startup PrepInsta plans to double manpower by 100%

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register India-based edtech startup PrepInsta has announced plans to increase its workforce by 100%, with the aim of recruiting at least 50 employees by the end of July this year. The company currently has a total strength of 50 employees and with this scheduled hiring, the number is expected to double.

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HitPay is a one-stop solution for SMEs

TechCrunch

HitPay has almost everything SMEs need to run their businesses. In addition to being an online payment gateway, it also offers tools like point-of-sale software with card readers, plugins, payment links and no-code online stores. The Y Combinator alum announced today that it has raised $15.75 million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital.

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A few of the best edtech startups out there in 2022 that could weather a recession

Founder Bounty

With the prospect of a recession coming up in the next 6-12 months we have put together a few ed-tech startups that could and would be able to weather the storm. We’ve explored the increased investment in European ed-tech companies! Europe’s ed-tech market is booming and investors want a piece of the pie. Founderbounty It matches entrepreneurs with ready- to-launch ideas helps them with active advice on funding and access to the funding network and gives them the right tools to suc

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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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How 2 NYC Street Drummers Made $126 in 4 Minutes

Entrepreneur's Handbook

Are you different enough? Continue reading on Entrepreneur's Handbook ».

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Mintlify taps AI to automatically generate documentation from code

TechCrunch

Mintlify , a startup developing software to automate software documentation tasks, today announced that it raised $2.8 million in a seed round led by by Bain Capital Ventures with participation from TwentyTwo Ventures and Quinn Slack, Sourcegraph’s co-founder. CEO Han Wang says that the proceeds will be put toward product development and doubling Mintlify’s core, three-person team by the end of the year.

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Zendesk vs Intercom: Help Desk Software Comparison

The Groove Blog

Zendesk or Intercom. The debate rages on. Groove has put together an informative review of both brands to highlight the similarities and differences to allow you to make the right choice. The post Zendesk vs Intercom: Help Desk Software Comparison appeared first on Groove Blog.

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Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

TechCrunch

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore , a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal.

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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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Office Hours for 2022 Market Conditions Market Survey Results

Tomasz Tunguz

This Friday, June 3rd at 10:30am Pacific/1:30pm Eastern, I’ll be hosting Office Hours to review the 2022 Market Conditions Market Survey results. If you’d like to attend, please register here. The session will review the top 10 learnings from the data across the hundreds of respondents and answer questions including: how does the typical founder feel about the market?

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Bangladesh agritech startup iFarmer raises $2.1m in IDLC-led funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register iFarmer , a Bangladesh-based full-stack agriculture platform for farmers , announced the completion of a $2.1 million Series Pre-A round of financing led by IDLC Ventures, the VC arm of IDLC Finance—one of Bangladesh’s largest non-banking financial institutions.

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Joseph Tainter: The Collapse of Complex Societies (Book Review)

Continuations

Given the ongoing decay of our institutions and their utter failure to address the climate crisis it is not far fetched to ask whether we are headed for some kind of societal collapse. A highly relevant book is Joseph Tainter’s The Collapse of Complex Societies , published in 1988. I had two key takeaways from reading it. First, there are way more examples of complex societies collapsing than I was aware of.

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[TetaVi in NewXpro] TetaVi Partners With Anomaly To Engage Emerging Music Artists

OurCrowd

Israeli volumetric tech company TetaVi, announced a partnership this week with artist growth engine and monetization platform Anomaly Create, to “hyper-engage” musical artists through virtual music content using TetaVi’s volumetric video capture platform. Read more here. The post [TetaVi in NewXpro] TetaVi Partners With Anomaly To Engage Emerging Music Artists appeared first on OurCrowd Blog.

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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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[Mermade in Times of Israel] Israeli company’s secret sauce to enable mass production of cultured seafood

OurCrowd

The secret ingredient in Mermade Seafoods’ secret sauce is out – and it has the potential to revolutionize the commercialization of environmentally friendly lab-grown seafood and meat. Read more here. The post [Mermade in Times of Israel] Israeli company’s secret sauce to enable mass production of cultured seafood appeared first on OurCrowd Blog.

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[Orbital Insight on PBS News Hour] Private companies track the war in Ukraine in real time

OurCrowd

Even before Russian military forces crossed into Ukraine three months ago, private companies were using data from satellites and other technology to closely monitor events on the ground. Newshour Special Correspondent Mike Cerre explores the ongoing efforts to track the war in Ukraine in real time, digitally. Read more here. The post [Orbital Insight on PBS News Hour] Private companies track the war in Ukraine in real time appeared first on OurCrowd Blog.