Tue.Sep 20, 2022

article thumbnail

Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions

TechCrunch

As fintechs become more efficient, so too do fraudsters. “Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch. That’s the thesis behind his startup, which uses behavioral, financial and device-specific user data to detect fraud on behalf of its clients in the crypto and fintech industries.

mix-use 87
article thumbnail

Gobi Partners raises $10m for Malaysia-focused SuperSeed II Fund

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Pan-Asian venture capital (VC) firm Gobi Partners announced the closing of its US$10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz Malaysia Berhad (Allianz Malaysia) as a Limited Partner (LP). Other LPs backing the Gobi SSII Fund are institutional investors Malaysia Venture Capital Management Bhd (MAVCAP) and Sunway Group.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

InnovaFeed nabs $250M to extend its vertical insect farms to the US

TechCrunch

InnovaFeed , a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund. While countless companies are developing alternative and more sustainable ways for humans to get their protein fixes such as through lab-grown meat , others are tackling the underlying problem from a different angle by exploring new ways of fostering the tradit

article thumbnail

5 Toxic Traits That Will Doom You to Entrepreneurial Failure

Entrepreneur's Handbook

Often, it’s the most driven wantrepreneurs who seal their own fate of failure Continue reading on Entrepreneur's Handbook ».

article thumbnail

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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business.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.

article thumbnail

Zopper raises $75 million to solve India’s insurance problem

TechCrunch

For more than half a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to PhonePe in mid-2018, but instead of joining the fintech giant, Zopper has been working on a new venture from scratch and independent of PhonePe. That business, an API platform for insurance infrastructure, said on Tuesday it has raised $75 million in new funding.

More Trending

article thumbnail

Jitx wants to change the way engineers design circuit boards using code

TechCrunch

Electrical engineers have been designing custom circuit boards on computers for years, but this approach simply moved the paper and pencil method to digital. It didn’t advance the craft or make it easier for engineers to reuse design elements across designs. They always have had to start from scratch, even if they can apply learnings they gathered along the way.

board 84
article thumbnail

This 18-Year-Old Student Wanted a Better Way to Keep Track of His School Work. So He Built an App -- and a Business.

Entrepreneur - Entrepreneurs Category

A conversation with Zach Smith, founder and creator of a powerful EdTech app.

founder 98
article thumbnail

TechCrunch+ roundup: Due diligence roadmap, employment law basics, YC’s Michael Seibel

TechCrunch

Last week, we ran an article by Gaetano Crupi, a partner at VC firm Prime Movers Lab, identifying three pillars required to support a Series B data room : a strategy memo, a pitch deck and a forecast model. In a follow-up, he explains the next step: packaging this information for prospective investors to “ create the blueprint and backbone for an in-depth Series B due diligence process. ”.

advice 77
article thumbnail

5 questions for venture capital in Q3 2022

TechCrunch

Somehow, some way, the third quarter is nearly over. That means we’re gearing up for a wave of venture capital data that will start to drop in less than two weeks’ time. We’re itching to get our hands on the final numbers because the third quarter of 2022 is a pretty damn important data point. Why? Because Q1 2022 was replete with deals that got started back in 2021, when venture economics were spitting out very different valuations and deal sizes than we see today.

article thumbnail

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.

article thumbnail

Amazon throws more weight behind e-fuels to see if they stick

TechCrunch

Starting next year, Amazon plans to pump electrofuels into some of its diesel delivery vans in a deal with Infinium. Amazon didn’t say what it’s paying, nor for how much synthetic fuel, but the conglomerate intends to cover “approximately 5 million miles of travel per year” using e-fuels, it said in a statement. It’s not clear how long it’ll last, but the trial will begin with Amazon trucks that haul stuff between vendors and distribution centers in Southern California.

article thumbnail

Meta alumni’s startup TrueFoundry raises $2.3 million to accelerate ML deployments

TechCrunch

A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, TrueFoundry , has raised $2.3 million in a funding round. The San Francisco, California-headquartered startup automates repetitive tasks in the machine learning pipeline to allow data scientists and engineers to focus on higher-value, more creative tasks.

article thumbnail

Announcing the agenda for TechCrunch Sessions: Crypto 2022

TechCrunch

The crypto industry seemed to age several decades over the past bull run, maturing in some places while barreling ahead in ambitious new pursuits, including DeFi, NFTs and web3. And while scams continued to proliferate and hacker heists became a weekly occurrence, the space onboarded an onslaught of retail investors and fostered feverish excitement among young technologists eager to bet their careers on the blockchain.

culture 86
article thumbnail

Lerer Hippeau closes $230M across two new funds; Ben Lerer is back

TechCrunch

Iconic New York venture capital firm Lerer Hippeau announced $230 million in additional funding across two new funds: LH Seed VIII, which focuses on pre-seed and seed-stage companies, and LH Select IV, which invests in companies from Series A to C. The new funds come about two years following unannounced seventh seed and third Select funds, the firm said.

media 84
article thumbnail

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.

article thumbnail

Building control startup PassiveLogic inks partnership with Nvidia, secures $15M

TechCrunch

About five months after raising $15 million, PassiveLogic , which provides a platform to autonomously control building systems, has secured an additional $15 million in an “off-round” strategic investment from Nvidia’s venture arm, nVentures. The new cash brings PassiveLogic’s total raised to over $80 million, and CEO Troy Harvey tells TechCrunch it’ll be put toward expanding the Utah-based company’s headcount from 100 employees to 140 within the next year.

article thumbnail

Razor’s Edge Ventures closes $340M fund as it looks to invest in defense startups

TechCrunch

In a sign that national security tech is a safe bet even during troubled economic times, defense- and security-focused VC firm Razor’s Edge Ventures today announced the closing of its third startup investment fund at just under $340 million. It exceeded the initial target of $250 million, the firm notes, and will target companies developing autonomous systems, space technologies, cybersecurity, AI and machine learning, digital signal processing and other aerospace and defense technologies.

article thumbnail

Revolut confirms cyberattack exposed personal data of tens of thousands of users

TechCrunch

Fintech startup Revolut has confirmed it was hit by a highly targeted cyberattack that allowed hackers to access the personal details of tens of thousands of customers. Revolut spokesperson Michael Bodansky told TechCrunch that an “unauthorized third party obtained access to the details of a small percentage (0.16%) of our customers for a short period of time.

startup 97
article thumbnail

Zartico secures $20M to help tourism offices promote local destinations

TechCrunch

Despite representing 10% of the world’s GDP, the tourism industry has been one of the last to embrace big data and analytics. Darren Dunn and Jay Kinghorn experienced this firsthand — Dunn as a sales executive at various travel companies including FarePortal.com and Jay as an associate managing director at Utah’s office of tourism. “Destinations around the world [are] relying on outdated quarterly and yearly reports to make critical decisions on marketing allocation, product mi

mix-use 96
article thumbnail

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

article thumbnail

4 employment law mistakes startups can stop making today

TechCrunch

Kristen Corpion. Contributor. Share on Twitter. Kristen Corpion is the founder of CORPlaw , a Miami-based law firm serving fast-growing technology companies and entrepreneurs as fractional general counsel. More posts by this contributor. All my apes gone: Legal disputes at the intersection of IP and NFTs. When should an early-stage startup hire a full-time lawyer?

startup 84
article thumbnail

TrovaTrip, a group travel management platform and marketplace, raises $15M

TechCrunch

TrovaTrip , a travel planning and booking platform that lets creators host adventures with their communities, has raised $15 million in Series A funding led by Madrona. Founded in 2017, the Portland-based company makes it easy for creators to sell and host multi-day experiences around the world. TrovaTrip offers more than 150 experiences in 48 countries.

article thumbnail

Nilos unifies crypto and fiat accounts for small businesses

TechCrunch

Meet Nilos , a startup that wants to bridge the gap between crypto wallets and traditional business bank accounts. The company provides a dashboard that displays all your transactions — whether those are fiat transactions or crypto payments. From this platform, you can initiate payments and reconcile operations across multiple accounts. The startup raised a $5.2 million funding round back in April.

article thumbnail

Amid volatile markets, VCs and startups must embrace transparency

TechCrunch

The venture and startup industries have long had a problem with transparency. Theranos could have likely saved itself from a future fraud trial if it was honest about the shortcomings of its blood testing device. Nikola founder Trevor Milton probably wouldn’t be on trial right now if he hadn’t allegedly lied to investors in a 2017 video that showed the electric truck his company was building was operational when it wasn’t.

startup 81
article thumbnail

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.

article thumbnail

Leoparda Electric is bringing battery swapping for two-wheelers to LatAm

TechCrunch

Leoparda Electric, a São Paolo–based startup, wants to be the Gogoro of Latin America. In other words, it’s looking to build out a network of battery swapping stations that should help spread adoption of electric two-wheelers in the region. While LatAm is the second largest two-wheeler market after Southeast Asia, electrification in the region has been slow to develop.

article thumbnail

Daily Crunch: Revolut advises users to take caution after hacker breach triggers phishing campaign

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey there, you deep-fried morsels of delight. Deep fried, because that’s the thing that made you crunchy. No? Because this is the Daily Crunch? The TechCrunch team got so competitive in this season of the Great Tech Bake-off, cooking up an incredible amount of scrumptious news over the past 24 hours, that it has taken us damn near 24 hours just to ingest the full t

article thumbnail

DynamoFL aims to bring privacy-preserving AI to more industries

TechCrunch

Data privacy regulations like GDPR, the CCPA and HIPAA present a challenge to training AI systems on sensitive data, like financial transactions , patient health records and user device logs. Historical data is what “teaches” AI systems to identify patterns and make predictions, but there are technical hurdles to using it without compromising a person’s identity. .

article thumbnail

Augment’s personal AI assistant could help you keep track of a scattered digital life

TechCrunch

If you’re having trouble tracking your work and personal life as it spreads over 20 different apps and productivity suites, to the point where you have a meeting in 5 minutes you don’t even remember making, you’re not alone. We can’t all have a PA to keep track for us, but Augment hopes that a PAI, if you will, might be the next best thing, learning from every digital interaction you have and providing the info you need before you even ask for it. “Hold on,” I

article thumbnail

ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.