Tue.Dec 06, 2022

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

The growing demand for AI, particularly generative AI (i.e., AI that generates images, text and more), is supercharging the AI inferencing chip market. Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., text, images, audio) based on what they learned while “training” on a specific set of data.

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Interview: Tim Crown, Blackpearl Group and Insight Enterprises

NZ Entrepreneur

Richard Liew talks to Tim Crown, Chair at Blackpearl Group (NZX: BPG) and Chair and Cofounder at NASDAQ listed Insight Enterprises (NASDAQ: NSIT) about Blackpearl’s recent listing on the NZX, and Insight Enterprises journey from a $USD2000 startup to $USD10B in annual revenues. Wellington born technology company Blackpearl Group listed on the NZX Main Board under the ticker BPG on Friday 2 December.

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Expeto, a startup selling tools to manage private cellular networks, raises $13M

TechCrunch

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). For example, some mining and energy companies have adopted private cellular networks to help facilitate operations that span over significant distances, where the increased range of cellular offers advantages compared to the Wi-Fi alternatives.

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PLG & Profitability : More Product Doesn't Necessarily Mean Greater Profits

Tomasz Tunguz

Profitability or net income margin has become the most important correlate to public software company valuations. But public companies are less profitable today than a year ago. Surprisingly, PLG companies’ profitability has suffered more than sales-led businesses. Across every quartile, public software & infrastructure companies have seen a 5 percentage point drop in net income since Covid.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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3 ways SaaS businesses can boost revenue in a recession

TechCrunch

Suzanne Xie. Contributor. Share on Twitter. Suzanne Xie is the business lead for B2B payments at Stripe and a former SaaS founder. It’s an unprecedented time to be in SaaS. Long term, the sector’s prospects are strong. The SaaS market could grow almost 10% every year to 2027 — and I think that’s a conservative estimate. In a recent Stripe survey, 63% of B2B recurring revenue businesses said they were confident of their growth in 2023.

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How Chargifi pivoted to Kadence, a platform to enable hybrid co-working, then pulled in $10M

TechCrunch

Coordinating people, projects and their various locations, has become a headache for companies in the post-pandemic world of remote and hybrid working. There is expensive office space to maintain, logistics to figure out which employees are going to actually be in, and who’s working remotely each day. Let’s face it, earlier, hot-desk management software – if it was ever used – is no longer up to the task.

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Weekly 25: What trillion-dollar companies can teach your startup

Entrepreneur's Handbook

Welcome to another edition of our newsletter! You’ll receive practical startup advice straight to your inbox every week. In this week’s edition, we discuss What startups can learn from trillion-dollar companies. The key pillars to starting a business. Let’s do this. Building a 15-person or a 1.5 million-person company? Read this Amazon grew from 1 to 1.5 million employees.

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Flow Engineering wants to modernize the hardware engineering design process

TechCrunch

Software engineers have a host of tooling to organize their projects, chief being Git software like GitLab or GitHub, but hardware engineers today lack that same organizing principle. They are stuck with a bunch of tech that doesn’t communicate well with each other, leaving them to build Excel spreadsheets to organize their work, a method which is prone to errors due to its manual nature.

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The Only Blueprint You’ll Ever Need to Monetize Your Unique Interests (Online)

Entrepreneur's Handbook

In just 10 simple steps, everyone has the ability to make at least $100 a day Continue reading on Entrepreneur's Handbook ».

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Cacheflow doubles valuation while raising $10M, proving that the venture market is far from dead

TechCrunch

Cacheflow , a startup building tools for the software sales closing process, announced this morning that it closed $10 million in new capital. Cacheflow CEO and co-founder Sarika Garg told TechCrunch that the new capital doubled her company’s valuation, added prior lead investor Glenn Solomon (GGV) to its board and brought new investor Crystal Huang (GV) on as a board observer.

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The Mechanics of Converting Convertible Notes

Gust

Convertible notes are a great tool for venture financing. They are primarily used for early-stage financings, but they are also a good solution for a bridge round when a company isn’t quite ready for the next equity financing round. The actual mechanics of converting convertible notes (in other words – calculating conversion shares) is not a simple task and requires great care.

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African fintech unicorn Chipper Cash lays off about 12.5% of staff

TechCrunch

Chipper Cash , an African cross-border payments company valued at $2.2 billion last year, has laid off a portion of its workforce. Yesterday, a few affected and non-affected employees took to LinkedIn to reveal the news. TechCrunch has learned from sources that over 50 employees were affected across multiple departments; the engineering team took the biggest hit, with around 60% of those laid off coming from the department, according to people familiar with the matter. “This morning a sign

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The Unbearable Forgotten Phase That Causes Founders to Fail

Entrepreneur's Handbook

In entrepreneurship, patience isn’t just a virtue; it’s a requirement Continue reading on Entrepreneur's Handbook ».

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Fintech unicorn valuations have fallen hard in 2022

TechCrunch

Fintech was hot in 2021, but looking back on it … maybe too hot? The sector exploded last year, seeing record investment — $132 billion globally, according to CB Insights — with many startups reaching lofty valuations, including Stripe at $95 billion, Klarna at $45 billion and Plaid at $13 billion. While these companies have very real customer bases and products, it is not hard to imagine that at least some of these valuations were propped up by hype.

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5 Key Insights from SoFi’s $2.4 Billion Pitch Deck

Entrepreneur's Handbook

When funding isn’t flowing freely, nailing your pitch is more important than ever Continue reading on Entrepreneur's Handbook ».

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Use customer health data to grow and forecast NRR

TechCrunch

Kellie Capote. Contributor. Share on Twitter. Kellie Capote is chief customer officer at Gainsight , where she leads the entire post-sales organization, including customer success management, support, professional services and the CS Ops & Scale teams. An old maxim among courtroom litigators states that you should only ask a question of a witness when you already know how they will answer.

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[Air EV in Forbes] Developing a product and ramping it up

OurCrowd

Innovation is one of the most defining attributes of today’s society. But behind the scenes of the devices, apps, vehicles and other “miraculous” products we seem to take for granted is a universe of research and development that goes into every innovative new product. Read more here. The post [Air EV in Forbes] Developing a product and ramping it up appeared first on OurCrowd Blog.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Oda, the Norwegian grocery delivery startup, raises a fresh $151M, but at a lowered valuation of $353M

TechCrunch

Online grocery delivery, a booming business at the height of the COVID-19 pandemic, has definitely come down to earth with the shifts in the economy, public health and technology investing. Oda , one of the bigger players in online grocery delivery in Europe with operations in its home market of Norway as well as Finland and Germany, today announced that it had raised 1.5 billion Norwegian crowns in equity (about $151 million at today’s rates) — a big round, but executed under tough

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[OurCrowd in Crowdfund Insider] OurCrowd CEO reflects on global venture market: 2021 was record year, 2022 has been flat

OurCrowd

Recently global investment platform OurCrowd announced that it had topped $2 billion in capital commitments on its platform. OurCrowd is based in Israel but caters to a global market of both investors and private firms in need of growth capital. When the milestone was announced, OurCrowd founder and CEO Jon Medved said their investment platform continues to grow in the number of new users and portfolio companies.

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Bosch shuts down its app store for AI-powered, internet-connected cameras

TechCrunch

In 2018, appliance conglomerate Bosch created a startup, Security and Safety Things (or “SAST” for short), whose stated mission was to develop a platform to help developers create software for AI-equipped cameras. SAST was to host a moderated, vetted “app store” for internet-connected cameras that would allow developers to build software on an open standard — software mainly focused on security and “business intelligence” use cases.

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[NeuReality in TechCrunch] NeuReality lands $35M to bring AI accelerator chips to market

OurCrowd

The growing demand for AI, particularly generative AI (i.e., AI that generates images, text and more), is supercharging the AI inferencing chip market. Read more here. The post [NeuReality in TechCrunch] NeuReality lands $35M to bring AI accelerator chips to market appeared first on OurCrowd Blog.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Axiom launches its automated identity and access management platform

TechCrunch

Axiom , a Tel Aviv-based startup that focuses on automating identity and access management (IAM) for developer platforms, is coming out of stealth today and announcing a $7 million seed round led by S Capital. The idea here is to provide a single platform that provides developers with easy access to the tools they need and security and operations teams with the security guarantees they require.

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Coworking Megatrends 2023

GCUC

Coworking Megatrends 2023 First and foremost, go back and read what I wrote last year because, quite frankly, it’s dead on. Give it a skim and come. Read More.

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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

It’s tough in the current economic climate to hire and retain engineers focused on system admin, DevOps and network architecture. In a recent Gartner survey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. Unfortunately for execs, at the same time recruiting is posing a major challenge, IT infrastructure is becoming more costly to maintain.

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Consumer Health: Areas of Opportunity

Andreessen Horowitz

In a market full of bears, we are bulls when it comes to consumer health companies. In our last piece, we made the bold claim that a consumer health tech company will become the biggest company in the world … The post Consumer Health: Areas of Opportunity appeared first on Andreessen Horowitz.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.