Wed.Aug 04, 2021

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Financial concierge startup Zeni banks $34M to show SMBs their finances in real time

TechCrunch

Zeni , a Palo Alto fintech company providing real-time financial services data to venture-backed startups, raised $34 million in Series B funding led by Elevation Capital. The new investment comes just five months after Zeni announced $13.5 million in a combined seed and Series A round. The company has now raised $47.5 million in total since it was co-founded in 2019 by twin brothers Swapnil Shinde and Snehal Shinde.

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How Detroit’s Cory Tincher is Facilitating the Growth of Startups in Our Region

StartupNation

Detroit’s future is in the hands of young, dynamic doers who embrace the opportunity to achieve their personal goals and contribute to the greater good of the local community. One such rising star in our region is 31-year-old Cory Tincher, a senior associate at Detroit Venture Partners. His story is both exhilarating and exemplary. Tincher’s story exemplifies the magic that occurs in a young person’s life when he or she is given the opportunity to blossom. .

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Japanese startup ispace raises $46M to support planned moon missions

TechCrunch

Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third of the planned missions, scheduled for 2023 and 2024. The first mission, which ispace aims to conduct in the latter half of 2022, is being furnished by earlier financing.

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My Startup Got Risky, so I Bought a Million-Dollar House at the Top of the Bubble

Entrepreneur's Handbook

Why risk-entrenched entrepreneurs should sink money into real assets, too — as counterintuitive as that might sound. Continue reading on Entrepreneur's Handbook ».

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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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5 factors founders must consider before choosing their VC

TechCrunch

Kunal Lunawat. Contributor. Share on Twitter. Kunal Lunawat is the co-founder and managing partner of Agya Ventures , a venture capital firm focused on proptech, travel, hospitality and the future of the built world. Though 2021 is far from over, it’s already witnessed a record level of venture capital activity in the technology sector. With larger round sizes announced daily, founders may have their pick of term sheets — but they need to think critically and strategically about which firms to a

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What’s the board’s role in an early-stage startup?

TechCrunch

Gregg Adkin. Contributor. Share on Twitter. Gregg Adkin is vice president and managing director at Dell Technologies Capital , the global venture capital investment arm of Dell Technologies. What’s the board’s role in an early-stage startup? Startup founders frequently ask me about the role of a board of directors. A board can be a crucial asset in an early-stage startup.

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A Hockey Stick Can Help You Raise Capital for Your Company

Entrepreneur's Handbook

Four common techniques companies use to boost their business plans and get access to capital Continue reading on Entrepreneur's Handbook ».

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Humanity launches ‘slow your aging’ app in the UK and raises $2.5M more from health investors

TechCrunch

More than one smartphone app startup has tried to convince you that by using their app you will miraculously stave off the ravages of age and flab. All I need to do is flip open my phone and reel off a few: Gyroscope, MyFitnessPal, Welltory, ActivityTracker, SleepCycle. The list goes on. You name it, there’s a health app for it. But today you get to download and kick the tires on a new app that is laying claim to be able to literally slow your aging.

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ACT Tulsa

Innovation 2 Enterprise

ACT Tulsa, a new business accelerator for ‘underestimated founders’. launched in partnership with i2E, recently welcomed its first cohort of nine minority-led new ventures. The 6-month accelerator program is aimed at cultivating and driving innovation of minority-led technology startups located in Tulsa and beyond. In the first cohort, nine companies with 17 founders were selected that range in industry, founder background and cultural dynamics.

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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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Product-led revenue startup Correlated launches with $8.3M seed

TechCrunch

Correlated on Wednesday announced it raised $8.3 million in seed funding to launch its product-led growth platform for sales teams. NextView Ventures led the round and was joined by Harrison Metal, Apollo Projects, Attentive co-founders Brian Long and Andrew Jones, Cockroach Labs co-founder Ben Darnell and Atrium’s Pete Kazanjy. The round includes funding raised last year and more recent follow-on funding from both NextView and Harrison, co-founder and CEO Tim Geisenheimer told TechCrunch.

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ACT Tulsa

Innovation 2 Enterprise

ACT Tulsa, a new business accelerator for ‘underestimated founders’ launched in partnership with i2E, recently welcomed its first cohort of nine minority-led new ventures. Intro with Learn more button that links to this content page. The 6-month accelerator program is aimed at cultivating and driving innovation of minority-led technology startups located in Tulsa and beyond.

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Naspers leads $11M investment in South African insurtech Naked

TechCrunch

South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors Yellowwoods and Hollard also participated in the funding round. This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South African insurtech platform, Ctrl, in its $2.3 million Series B round.

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The 5 Skills Ambitious Employees Should Master to Get a Seat at the Leadership Table

Entrepreneur's Handbook

A roadmap for becoming a well-equipped leader Continue reading on Entrepreneur's Handbook ».

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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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Autonomous cargo drone startup Elroy Air lands $40M Series A

TechCrunch

Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin’s venture capital arm, to ramp up the build, testing and validation of its inaugural autonomous cargo drone. The funding round saw participation from Marlinspike Capital and Prosperity7, as well as existing investors Catapult Ventures, DiamondStream Partners, Side X Side Management, Shield Capital Partners and Precursor Ventures.

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A founders’ guide to capital raising

NZ Entrepreneur

As the saying goes, you need to spend money to make money. And if you’re a high-growth startup looking to get off the ground or expand, it’s likely you’ll need an injection of capital to do that. Byron van Vugt from NZ Growth Capital Partners explains. For investors, capital raises provide an opportunity to invest in a company’s ambitions. However, as with all investments, there’s a risk to reward trade-off.

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Robinhood is now a stonk

TechCrunch

Update: Trading of Robinhood shares has been halted due to volatility. The company’s stock paused at $65.60 on Robinhood itself. Yahoo Finance has a higher $77.03 price on the company’s equity, up a stunning 64.59% today. Things are fluid, but Robinhood may have been halted and then rose again when it resumed trading. Stonks indeed. Shares of Robinhood, an investing-focused consumer fintech company, soared this morning in pre-market trading.

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Crypto: Parallels to Packet Switching

Continuations

There is an interesting objection to crypto that goes something like: crypto is all a rip-off because nobody actually needs decentralization which makes things slow and inefficient (“decentralization is a bug, not a feature”). I was somewhat surprised to see this objection from Michael Seemann , a German author, whose criticism of the power of the big platform companies I respect.

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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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Suma Brands raises $150M to acquire more third-party brands for its Amazon roll-up play

TechCrunch

Amazon has become a lynchpin in the e-commerce machine over the years in part because it’s a site we consumers can visit to buy just about anything we want — sold either by Amazon or its 5 million+ third-party merchants — and easily get it delivered to our homes. But the system is not completely efficient, and today, one of the startups looking to build more economies of scale is announcing some funding that it will use to roll up and consolidate some of these third-party merch

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Medefy and i2E Partnership

Innovation 2 Enterprise

Matt Scovil, CEO and Co-Founder of Medefy Health shows the benefit of their partnership with i2E. The post Medefy and i2E Partnership appeared first on i2E.

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FullStory raises $103M at a $1.8B valuation to combat rage clicks on websites and apps

TechCrunch

Even with all the years of work that have been put into improving how screen-based interfaces work, our experiences with websites, mobile apps and any other interactive service you might use still often come up short: we can’t find what we want, we’re bombarded with exactly what we don’t need or the flow is just buggy in one way or another.

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What Is Advertisement? – Examples, Objectives, & Importance

Feedough

Advertisements come in various shapes, sizes, and forms, be it. Read more.

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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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Third Wave Automation raises $40M to bring its autonomous forklifts to warehouses

TechCrunch

Fresh off a strategic partnership with Toyota Industries Corporation to build an autonomous forklift, Third Wave Automation has snagged another $40 million from investors. The California-based startup, which was founded in 2018, has raised $40 million in a Series B round led by Norwest Venture Partners, including participation from prior investors Innovation Endeavors and Eclipse, along with Toyota Ventures, according to a Form D filed with regulators.

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The Best Coworking Spaces in Detroit for Your Hybrid Work Model

StartupNation

Many companies are emerging from the COVID-19 pandemic with a hybrid work model, meaning some employees will return to the office at least part-time, but others will collaborate remotely. Navigating what this working plan actually looks like can be tricky. When — and where — can your team get together? Coworking spaces support hybrid work models in a variety of ways.

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Human Interest raises $200M at a $1B valuation, plans for an IPO

TechCrunch

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. The financing included participation from new investor Crosslink Capital and existing backers NewView Capital, Glynn Capital, U.S.

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Where there’s a will, there’s a way: My journey setting up a Covid ward in India

Entrepreneurs' Organization

Contributed by Saravanakumar Periyasamy of EO Oman, director of Zawawi Powertech Engineering. In 2019, he became the director of Frontier Lifeline Hospital in Chennai, India. My journey begins. In 2019, I was sent to Chennai, India, as part of the team assigned to turn around a once prominent, now ailing, hospital brand in South India. Personally, transitioning from the oil, gas and energy industry to the healthcare realm alone was a significant adjustment.

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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.