Sun.Apr 24, 2022

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Zenda gets $9.4M to streamline school fee payment and management

TechCrunch

Zenda , a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. Zenda (formerly nexopay) told TechCrunch it plans to enter the continent through Egypt — its third market after India — in the coming months, as it embarks on a growth drive accelerated by a $9.4 million seed funding it has raised.

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Imagine You're a Venture Capitalist.

Tomasz Tunguz

Imagine you’re a venture investor. You find a great company. You buy 16% of the company for $8m at $50m post-money valuation. Six months later, the company raises $100m at $500m. Things have gone very well. Your 8m has 10xed. Naturally, you ride an imaginary horse around the room, galloping with glee. Now you face an important strategic question: Do you invest your full pro-rata of $8m?

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Fishy business: Rooser raises $23M for its seafood trading platform

TechCrunch

The fishing market globally was worth $253 billion in 2021, and despite the controversy that swirls around the industry, that figure continues to grow. Today a startup that has built a platform to make the business of fishing more efficient — and thus the process overall more traceable and less prone to waste — is announcing a round of funding to ride on that wave.

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A significant impact on new ventures? That’s i2E’s e3 program

Innovation 2 Enterprise

Accelerators like i2E’s e3 can have a significant impact on new ventures. By Scott Meacham. When the team from Zen Health Technologies formally introduces their company, they describe a business that uses immersive technologies for personal development training. In a more relaxed setting, CEO Sibyl Badugu and Chief Growth Officer Jacob Mahaffey talk of solutions that use games, artificial intelligence and virtual reality to build connections and skills inside companies.

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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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business.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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Why a16z pitched Deel to lead its Series A

TechCrunch

It’s typical on TechCrunch Live for founders to talk about fundraising while flipping through their last pitch deck. But Deel CEO Alex Bouaziz didn’t have a pitch deck to share. That’s because Deel raised a total of $629 million without one. Rather, Andreessen Horowitz partner Anish Acharya pitched Deel to let a16z lead the company’s Series A, Acharya explained alongside Bouaziz on TechCrunch Live on Wednesday.

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Hear how Front raised serious cash from unconventional investors on TechCrunch Live

TechCrunch

Front’s cap table reads like an honor role of investors. CEO and co-founder Mathilde Collin raised funds from numerous Silicon Valley firms and individual investors. On April 27 she’s speaking on TechCrunch Live to share her strategy that allowed her company to raise funds from less traditional VCs. One of those VCs is also speaking on the episode.

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Arrow saves online shopping carts in Southeast Asia

TechCrunch

Even in markets where credit card penetration is high, shopping cart abandonment is still a major source of concern for online vendors. Now imagine the situation in Southeast Asia, where many countries have scores of e-wallets, buy now pay later services and other forms of payment. Bank transfers are also popular option for online purchases, but involve several steps, which increases the risk of cart abandonment.

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Fintech Roundup: Founders reinventing, startups buying and pre-seed a’growing

TechCrunch

Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm , Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it officially turns into a newsletter on May 1, sign up here. Last week, TechCrunch’s Kyle Wiggers gave us a glimpse into Plaid co-founder’s William Hockey’s latest venture : the platform for what he believes is

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