Tue.Apr 26, 2022

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Teen-focused fintech app Copper raises $29M, grows to over 800,000 users in less than a year

TechCrunch

Copper , a digital banking service aimed at teens, has raised $29 million in Series A funding in a “preemptive” round led by Fiat Ventures. The investment comes just over seven months after the startup revealed it had raised $9 million in a seed round , and included participation from Panoramic Ventures, Insight Partners, Invesco Private Capital and “all existing investors,” according to the company.

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Ben Franklin Investments Pay Huge Dividends for Pa.

Ben Franklin Technology Partners

HARRISBURG, Pa. (April 26, 2022) — Ben Franklin Technology Partners and its network of clients continue to bring to market cutting-edge ideas that directly impact Pennsylvania’s economy by driving investments, fostering the entrepreneurial ecosystem, supporting innovation in established manufacturers, and cultivating, attracting, and retaining in-demand talent, according to the most recent economic and performance assessment.

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Adept aims to build AI that can automate any software process

TechCrunch

In 2016 at TechCrunch Disrupt New York, several of the original developers behind what became Siri unveiled Viv , an AI platform that promised to connect various third-party applications to perform just about any task. The pitch was tantalizing — but never fully realized. Samsung later acquired Viv, folding a pared-down version of the tech into its Bixby voice assistant.

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The Finalists in the PA WILDS BIG IDEA Contest Have Been Announced!

Ben Franklin Technology Partners

In partnership with the PA WILDS Center for Entrepreneurship, and with funding support provided by the Appalachian Regional Commission (ARC), Ben Franklin Technology Partners’ recent innovation competition targeted the counties of Centre, Clarion, Clearfield, and Jefferson. Dozens of emerging entrepreneurs who are developing an innovation related to the maker economy, forest products, outdoors and recreation and even tech manufacturing, visited the site to check out the rules, eligibility, and a

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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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Umaro is turning ocean-farmed seaweed into imitation bacon

TechCrunch

Don’t call it a pivot, exactly — but it’s a fascinating journey, nonetheless. Umaro Foods, which is set to release a seaweed-based bacon replacement, entered the world as Trophic. The firm, which is now technically a subsidiary of the former, was formed to compete for the $100 million Carbon Removal XPrize. The organization managed to land a $5 million prize, due in part to research Beth Zotter had begun in 2010.

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Call center automation software vendor Replicant raises $78M

TechCrunch

Contact centers were never a walk in the park for employees, but they became much harsher work environments during the pandemic. According to one survey , only 10% of contact center agents reach proficiency in fewer than two months. Meanwhile, the volume of difficult calls to contact centers is increasing , while turnover remains at at a sky-high rate between 30% and 45%.

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Investing in Bounce

Andreessen Horowitz

I’m excited to announce that a16z is leading the Series A for Bounce , a marketplace for consumers to access underutilized space in local businesses. Bounce enables consumers to book short-term luggage storage and package retrieval at local businesses–with more … The post Investing in Bounce appeared first on Andreessen Horowitz.

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TechCrunch+ roundup: Immigration law Q&A, finding your problem, why a16z pitched Deel

TechCrunch

Most founders are not experienced entrepreneurs, which means they tend to repeat the same mistakes as they try to overcome universal challenges. According to Klaviyo co-founder and chief product Ed Hallen , luck was a contributing factor to his marketing automation company’s success. “But it’s also clear that if we had known more upfront, we wouldn’t have had to luck into those choices in the first place,” he says.

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eCommerce checkout solution Arrow raises $4.8m seed funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Arrow , the Singapore-based eCommerce checkout solution announced that it has raised $4.8 million in a seed funding round led by Sequoia Capital India. The round was also supported by Alpha JWC and Guillaume Pousaz’s Zinal Growth, as well as high-profile angel investors such as Ooi Huey Tyng (current board member at AIG and Maxis), Steve Vickers (Chief Operating Officer at Paysend), an

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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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New bank, who dis? Lifestyle-focused neobank Cogni pivots to web3

TechCrunch

Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2018 out of Barclays’ accelerator program (which is operated by Techstars), launched with the intent to offer personalized banking products suited to the lifestyles of those in the 18-to-35 crowd, CEO and founder Archie Ravishankar told TechCrunch.

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How to Split Startup Equity Between Founders

Entrepreneur's Handbook

There should be no difference between individual and collective incentives. Continue reading on Entrepreneur's Handbook ».

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Early-stage fundraising is a tale of two planets

TechCrunch

Leslie Feinzaig. Contributor. Share on Twitter. Leslie Feinzaig is the founder and CEO of the Graham & Walker. More posts by this contributor. Three ways VC firms can construct sustainably diverse portfolios. If you follow mainstream tech media, you could be forgiven for thinking that venture capital is a founders’ market today after two years of record round sizes and outcomes.

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I Built the First Patreon and Failed. Here’s Why OnlyFans Clones Might Actually Stand A Chance

Entrepreneur's Handbook

Sometimes there is room for a copycat “me too” startup 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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Shift your startup into overdrive and demo at TC Sessions: Mobility 2022

TechCrunch

Exhibiting your early-stage startup at TC Sessions: Mobility 2022 in San Mateo, California on May 18-20 is one of the fastest ways to discover new opportunities and accelerate your growth potential. Hundreds of mobility’s most influential movers, shakers, shippers and unicorn makers will flock to the exhibit floor to see dozens of the latest and greatest startups.

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[Sweetch in PR Newswire] Sweetch Strengthens its Advisory Board with Appointment of Diabetes Care Leader, Dr. Robert A. Gabbay

OurCrowd

TEL AVIV, Israel, April 26, 2022 /PRNewswire/ — Sweetch, a digital therapeutics innovator and creator of the precision engagement platform for chronic conditions, announced today that Robert A. Gabbay M.D., Ph.D. has joined the company as an advisor. Dr. Gabbay brings far-reaching experience implementing innovative models of care for people affected by diabetes and will help Sweetch further its global adoption.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch

Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood. Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. that puts its 15-minute grocery delivery service in more than 14,000 Circle K convenience stores and Couche-Tard locations. We first met the Chicago-based company and its founder and CEO Vitaly Alexandrov last year when we reported that Food Rocket launched in the Bay Area , goi

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How To Make Money Blogging: 10 Proven Techniques

Feedough

Everybody is getting into blogging these days, and for a. Read more. The post How To Make Money Blogging: 10 Proven Techniques appeared first on Feedough.

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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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AppDynamics founder’s midas touch strikes again as Harness valuation hits $3.7B

TechCrunch

Jyoti Bansal has a pretty good track record when it comes to launching startups. He sold his first company , AppDynamics, for $3.7 billion the week it was supposed to go public in 2017. His latest one, Harness , announced a $230 million Series D today at a valuation of…wait for it…$3.7 billion. The fact the numbers are the same was not lost on Bansal, and in fact the Cisco deal closed at the end of March in 2017, almost exactly five years ago.

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How I Founded Pivotal iQ and Sold It After 2 Explosive Years Of Growth

Entrepreneur's Handbook

Aim for the stars or you will shoot your foot off Photo courtesy of Pixel-Sho via tAdobe. When the first company I worked for sold for $750M after being founded just a few years prior, I quickly became excited by the data/subscription-based business model and how predictable revenue yields such attractive multiples. So I set a goal: Earn my stripes as a tech sales rep, build my knowledge around growing successful sales teams, then start my own Data/SaaS business.

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Social music platform BandLab scores $65M at a valuation of $315 million

TechCrunch

BandLab , the Singapore-based app that lets users create and share music, announced today it has raised a $65 million Series B, at a post-money valuation of $315 million. The investment round was led by Vulcan Capital, with participation from Prosus, Caldecott Music Group and K3 Ventures. The company says that over 40 million creators currently use BandLab.

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[ICON in SXSW] It’s Time to Build: A Conversation with Jason Ballard | SXSW 2022

OurCrowd

Will cities of the future be built by robots and drones? Will humans colonize the Moon and Mars? Join an inspirational talk with ICON’s Jason Ballard as he discusses humanity’s future and how architecture, design, robotics and sustainability can be in service to humanity and help us reimagine worlds. Read more here. The post [ICON in SXSW] It’s Time to Build: A Conversation with Jason Ballard | SXSW 2022 appeared first on OurCrowd Blog.

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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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Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime’s $153M round

TechCrunch

This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. WeRide.ai and Pony.ai, which both operate out of China’s southern metropolis Guangzhou and California, have participated in OnTime’s one billion yuan ($153 million) Series A funding round, according to an announcement from ride-hailing company OnTime on Tuesday.

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[JumpCloud in GlobeNewswire] JumpCloud announces Eric Gunning as Chief Legal Officer

OurCrowd

LOUISVILLE, Colo., April 26, 2022 (GLOBE NEWSWIRE) — JumpCloud today named Eric Gunning as its chief legal officer. Gunning will head the company’s legal department as he leads JumpCloud’s legal efforts around compliance, mergers and acquisitions (M&A), international expansion, and capital markets. Read more here. The post [JumpCloud in GlobeNewswire] JumpCloud announces Eric Gunning as Chief Legal Officer appeared first on OurCrowd Blog.

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Raising a Series A in a market of mixed messages

TechCrunch

The market for tech companies has shifted, as shown by a weak IPO market , a focus on profitability and pivots galore. Yet, despite the market’s ongoing re-correction, venture capital is a booming asset class. Last year, per CB Insights data, venture investment reached $621 billion, which is up 111% from 2020 levels. This year, while valuations are seeing some pullbacks , investors say expensive term sheets show that there’s still hope for founders.

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Some Thoughts On Twitter

A VC: Musings of a VC in NYC

When I read the news a few weeks ago that Elon Musk had offered to buy Twitter, I wrote this: Twitter is too important to be owned and controlled by a single person. The opposite should be happening. Twitter should be decentralized as a protocol that powers an ecosystem of communication products and services. — Fred Wilson (@fredwilson) April 14, 2022.

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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.