Tue.Sep 07, 2021

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. Wave , a U.S. and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. The investment is the largest-ever Series A round for the region, and it values Wave at $1.7 billion.

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How to Choose the Right Financial Instrument to Attract Investors

Entrepreneur's Handbook

The choice between SAFE, Convertible Note & Equity is as important as the terms Continue reading on Entrepreneur's Handbook ».

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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. The country’s startup-friendly regulatory environment, a beautiful medieval town center, over 20 business hubs and accelerators and strong rankings in intellectual property production are most obvious at a high level. But what are the locals excited about on the ground?

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WJR Business Beat with Jeff Sloan: New SBA Grant Program Announced (Episode 285)

StartupNation

On today’s Business Beat, Jeff discusses a new grant program from the US Small Business Administration (SBA) which is designed to help small businesses in today’s changing world. Tune in to the Business Beat, below, to learn more about the Small Business Administration’s new grant program: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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HoneyBee raises millions to make financial wellness a workplace benefit

TechCrunch

HoneyBee , a startup that aims to help companies provide access to financial support for their employees, announced today it has raised $5.7 million in equity in a round led by FFVC. Resolute Ventures, Afore Capital, Rebalance Capital, K50 and Financial Venture Studio also participated in the financing, along with two-time NBA all-star Baron Davis. HoneyBee has also secured a $100 million debt facility from CIM, an institutional impact investment manager that provides debt capital for innovation

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More Trending

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TikTok and Snap alums launch mayk.it, a social music creation app, with $4M in seed funding

TechCrunch

After living through the global upheaval of the COVID-19 pandemic, many workers are re-evaluating their career path. Stefan Heinrich Henriquez, a former head of Global Marketing at TikTok and chief marketing officer at Cameo, is one of them. “I have been thinking about music since my time at TikTok, and I was really thinking about building something on my own, but then it took me another year to finally have the guts to do it,” said Henriquez. “Then when the pandemic started, I

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Venture Capital and the Art of the Deal: More of the Same

Angel Capital Association

By: Dror Futter, Legal and Business Adviser to Startups, Venture Capital Firms and Technology Companies. This article originally appeared in Crowdfund Insider. Imagine a Baskin Robbins where you can get any flavor you want, as long as it is vanilla. Based on recent data provided by the National Venture Capital Association in partnership with Aumni, the market for venture capital deal terms seem to be that kind of store.

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Meet retail’s new sustainability strategy: Personalization

TechCrunch

Sindhya Valloppillil. Contributor. Share on Twitter. Sindhya Valloppillil is the founder and CEO of Skin Dossier, a venture partner at Next Gen Ventures, a freelance writer and formerly a beauty industry executive and marketing professor. More posts by this contributor. It may not be as glamorous as D2C, but beauty tech is big money. We have been raised to believe in recycling, but it has mostly been a sham — only 9% of all plastic waste produced in 2018 was recycled.

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How To Avoid The Mistake That Nearly Ruined My Brand

Entrepreneur's Handbook

Avoid the common error that I and so many other business owners commit Continue reading on Entrepreneur's Handbook ».

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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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UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

TechCrunch

Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone today in its life as a startup, as well as in the bigger U.K. tech world.

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[Stellar Cyber in Yahoo Finance] Stellar Cyber Partners with SonicWall for Advanced Prevention, Response

OurCrowd

SANTA CLARA, Calif., September 07, 2021–(BUSINESS WIRE)–Stellar Cyber, the innovator of Open XDR, the only intelligent, next-gen security operations platform, announced today that it has joined the SonicWall SecureFirst Partner Program to integrate Stellar Cyber’s advanced threat detection and response with SonicWall’s award-winning prevention technology.

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Wright tests its 2-megawatt electric engines for passenger planes

TechCrunch

Just like the automotive industry, aerospace has its sights set on going electric — but flying with battery-powered engines is a tougher proposition than rolling. Wright is among the startups looking to change the math and make electrified flight possible at scales beyond small aircraft — and its 2-megawatt engine could power the first generation of large-scale electric passenger planes.

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Staying Plugged In

A VC: Musings of a VC in NYC

I wrote in my 60th birthday post that my late career mantra is less hustle more conviction. It has been working for me and has kept me in the game. But there are times, usually after an opening emerges , when a market moves so fast it is hard to stay on top of it all. I don’t worry about missing out. That’s part of the venture capital business.

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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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Virtual meeting platform Vowel raises $13.5M, aims to cure meeting fatigue

TechCrunch

Meetings are an inevitable part of the work day, but as workplaces became more distributed over the past 18 months, Vowel CEO Andy Berman says we are steadily moving toward “death by meeting.”. His virtual meeting platform is the latest to receive venture capital funding — $13.5 million — with the goal of making meetings more useful before, during and after.

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Why Nassim Taleb Calls a Monthly Salary an Addiction as Strong as Cocaine

Entrepreneur's Handbook

Is their truth to this seemingly preposterous statement? Continue reading on Entrepreneur's Handbook ».

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Aerospace primes Northrop, Lockheed join in Orbit Fab’s over $10M funding round

TechCrunch

San Francisco-based startup Orbit Fab wants to be the go-to source for orbital refueling, and now it has raised over $10 million in its quest to get there. The money will go toward funding a refueling trial that’s due to launch as early as the end of 2022, in which the company plans to send to space two refueling shuttles that will repeatedly perform a three-step dock, transfer fuel and undock process.

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[Zippin in Grocery Dive] Cashierless tech startup Zippin raises $30M

OurCrowd

Zippin has been raising venture capital for the past few years and working to expand the reach of its cashierless technology abroad. In August 2019, Zippin introduced its checkout-free technology in Lojas Americanas, Brazil’s largest retailer. Read more here. The post [Zippin in Grocery Dive] Cashierless tech startup Zippin raises $30M 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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Financial comparison “super app” Jeff raises $1.5M seed extension

TechCrunch

Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. Jeff App wants to give consumers a “super app” where they can compare many financial products and apply for them using the startup’s proprietary data-scoring models. For service providers, Jeff serves as a distribution channel, helping them find and retain customers.

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[TytoCare in NimB] Puerto Rico Public Health Trust launches Telehealth program for elderly adults

OurCrowd

The Puerto Rico Public Health Trust, a program of the Puerto Rico Science, Technology and Research Trust, announced the launch of the Telemedicine for Elderly Adults (TMEA) program. Read more here. The post [TytoCare in NimB] Puerto Rico Public Health Trust launches Telehealth program for elderly adults appeared first on OurCrowd Blog.

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5 factors that can make or break a startup’s growth journey

TechCrunch

Brian Rothenberg. Contributor. Share on Twitter. Brian Rothenberg is a partner at Defy , a two-time former founder and growth executive. The “health” of a startup’s growth can be a strong predictor of how large and valuable it can become. Our generation’s most valuable startups have all sustained a high rate of user/revenue growth over an extended period of time.

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[Innoviz in PR Newswire] Innoviz Technologies to Demonstrate High-Performance LiDAR Technology at IAA MOBILITY Show in Munich

OurCrowd

TEL AVIV, Israel, Sept. 7, 2021 /PRNewswire/ — Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, will demonstrate its state-of-the-art LiDAR technology at the IAA MOBILITY 2021 show being held September 7-12, 2021 in Munich, Germany. This year’s exhibition demonstrates new cutting-edge mobility solutions with a focus on the future of mobility.

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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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Social network Peanut expands to include more women with launch of Peanut Menopause

TechCrunch

Peanut , a social networking app for women, initially found traction connecting women in the earlier stages of their motherhood journey. But over the years, the network expanded to support women through other life stages. Now, that will include menopause, as well — a life stage that will impact nearly half the world’s population at some point, but where opportunities there are few online communities where women can connect and learn. “We’ve been thinking about this life s

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Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce

TechCrunch

Warby Parker filing to IPO last week was one more sign that direct-to-consumer (DTC) is an extremely powerful e-commerce trend. But LA-based performance marketing agency MuteSix didn’t wait that long to build its business around scaling DTC brands. Created in 2014 and acquired by Dentsu in 2019, MuteSix was recommended to TechCrunch by Rhoda Ullmann, VP Consumer at Sense, a Boston-based startup building a home energy monitor. “They demonstrate best-in-class expertise with Facebook an

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Emulate Inc. closes $82M Series E to fund expansion of ‘organ-on-a-chip’ products

TechCrunch

Emulate Inc., a biotech company focused on developing “organ-on-a-chip” technology, closed an $82 million Series E round on Tuesday. This latest round is intended to formulate a massive investment in a “roadmap” for developing model organ systems created to fit drugmakers’ needs and bring the idea of an organ-on-a-chip into use in the lab. . An organ-on-a-chip is pretty much exactly what it sounds like: it’s a recreation of a human organ (or system of human organs) scaled down into a tiny

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Glovo to double down African investment in the next 12 months — but will it stay put?

TechCrunch

Spanish on-demand delivery platform Glovo today announced plans to double its investment in Africa and expand its operations on the continent. The Barcelona-based company has invested up to €25 million ($30 million) by bringing its food delivery service to six African countries — Morocco, Uganda, Kenya, Ghana, Côte d’Ivoire and Nigeria. Glovo is available in more than 40 cities with more than 300,000 users, 8,000 restaurants and 12,000 couriers in these countries.

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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.