Sun.Jun 13, 2021

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Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures

TechCrunch

Motorway is a U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It’s now raised £48 million / $67.7 million in a Series B round led by Index Ventures, along with new investors BMW i Ventures and Unbound. Existing investors Latitude and Marchmont Ventures also participated.

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‘What if’ is the cornerstone to entrepreneurship, investing

Innovation 2 Enterprise

By Scott Meacham. In entrepreneurship and venture investing, “what if” is the cornerstone of our industry. Entrepreneurship is built on promise and possibility—the willingness to imagine the unimaginable and take the risks to make it real. We all engage in the “what if” game. Oklahoma bought into “what if” in the late 1980s with the creation and funding of the Oklahoma Center for the Advancement of Science and Technology (OCAST) to diversify the state’s economy.

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Newsletter: Safer driving + The Cat in the Hat

OurCrowd

Startup of the Week: Sfara telematics for safer driving. Zippin adds checkout-free AmEx store for playoffs. The Cat in the Black Hat and an Internet of Things. FDA nod for Alpha Tau’s DaRT tumor treatment. PolarisQB partnership tackles neglected women’s diseases. ALD raises $50M following Hub Security merger. Where’s the beef? BeeFree Agro gives real-time answers. mPrest: Iron Dome tech defends New York Power Authority.