Thu.May 13, 2021

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Walmart acquires virtual clothing try-on startup Zeekit

TechCrunch

Retail giant Walmart announced this morning it’s acquiring the Tel Aviv-based startup Zeekit , which allows consumers to virtually “try on” clothing when shopping online. The company leverages a combination of real-time image processing, computer vision, deep learning and other AI technology to show shoppers how they would look in an item by way of a simulation that takes into account body dimensions, fit, size and even the fabric of the garment itself.

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3 West African Startups Prove It’s Possible To Thrive In Uncertain Times

Impact Hub

Turning challenges into opportunities. That is what entrepreneurs around the world have always done, and the pandemic is no exception. This article is the first in a series of eight where we will share the stories of African startups from Ghana and Nigeria who are doing just that. From healthcare to education, agriculture, and engineering, meet the resilient entrepreneurs who are creating a positive impact on their local communities as well as national economies and contributing to the country&#

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The hamburger model is a winning go-to-market strategy

TechCrunch

Caryn Marooney. Contributor. Share on Twitter. Caryn Marooney is general partner at Coatue Management and sits on the boards of Zendesk and Elastic. In prior roles she oversaw communications for Facebook, Instagram, WhatsApp and Oculus and co-founded The OutCast Agency, which served clients like Salesforce.com and Amazon. More posts by this contributor.

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YOUR BIG IDEA COULD BE WORTH BIG BUCKS!

Ben Franklin Technology Partners

Ben Franklin Technology Partners, an award-winning, tech-based economic development program, is offering emerging entrepreneurs and small manufacturers the opportunity to participate in our fun, risk-free $50,000 BIG IDEA Contest. In the past few years – maybe because of the popularity of the TV show, Shark Tank – there has been a growing interest in pitch competitions by the private sector, economic development professionals, and just regular folks who have an idea for an innovation tha

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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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Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting

TechCrunch

U.K.-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects. The ratings are based on proprietary data sets it’s developed in conjunction with scientists from research organisations including UCLA, the NASA Jet Propulsion Laboratory and University College London.

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Chef Robotics raises $7.7M to help automate kitchens

TechCrunch

A year and a half’s worth of global pandemic has had a profound impact on virtually every sector of the workforce. When it comes to future automation, food prep isn’t quite at the top of the list (that distinction likely goes to warehouse fulfillment , for the time being), but it’s certainly up there. And it’s easy to see why the events of 2020 and beyond have left many kitchens looking for alternative sources of labor.

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Extending your Runway!

Berkonomics

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. It is worth revisiting the most. Extending the Runway book available at Amazon. important point of that book, which was written to prompt discussion between entrepreneurs, professional managers, and their boards of directors about issues that could unite them or s

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Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

TechCrunch

Upsie , a consumer warranty startup, has raised $18.2 million in a Series A round led by True Ventures. . The financing brings the total raised for the St. Paul, Minnesota-based startup to $25 million since its 2015 inception. A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among others.

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5 Reasons Why Everyone Secretly Hates Entrepreneurs These Days

Entrepreneur's Handbook

We entrepreneurs can’t stand those guys either. 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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China’s WeRide secures more funding, pushing valuation to $3.3 billion

TechCrunch

Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much it has raised this round, only noting that it’s in the “hundreds of millions,” according to a statement released by the company.

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Golden Handcuffs

A VC: Musings of a VC in NYC

Stock-based compensation plans throughout the startup and tech sector are based on “golden handcuffs” – the idea that an employee can’t leave because they would be giving up too much money if they do. I’ve never loved that concept. It feels like staying in a bad marriage for the kids. So I have been involved in a number of efforts to rethink that practice and one of those efforts came to light earlier this week when Coinbase, where I am on the board and compensation

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Is there a creed in venture capital?

TechCrunch

Scott Lenet. Contributor. Share on Twitter. Scott Lenet is President of Touchdown Ventures. More posts by this contributor. Analyzing the spectrum of corporate innovation from R&D to VC. “Darth Ventures” and the efficacy of Sith management techniques. How should venture capitalists and corporate innovators assess Din Djarin, the protagonist of The Mandalorian?

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[Zoomcar in BW Disrupt] Zoomcar Raises $5.5 Million Dollars From US Based Parent Company Zoomcar Inc

OurCrowd

Recently, the Indian self-drive car rental company Zoomcar has raised INR 41 Crore/ $5.5 Million from its umbrella company Zoomcar Inc. Prior to this, Zoomcar Inc had also infused INR 8.27crore/ $1.1 Million in January and INR 5.27 Crore/ $717k in February 2021. These rounds of raising investments taking the total capital infusion in the company to INR 54.5 Crore/$7.4 Million in 2021.

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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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Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

TechCrunch

Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days — and it just raised $3.4M to get its next set of satellites into orbit.

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[Phantom Auto in PR Newswire] Phantom Auto Partners with Mitsubishi Logisnext Americas Group to Scale Up Remote Operation for Unmanned Forklifts

OurCrowd

HOUSTON, May 13, 2021 /PRNewswire/ — Mitsubishi Logisnext Americas group, a leading North American provider and manufacturer of material handling and innovative automation and fleet solutions, announced today the partnership with Phantom Auto, a leading provider of interoperable remote operation software, to enable operators who are sitting up to thousands of miles away to remotely operate unmanned tuggers, pallet jacks, counterbalances and more.

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With its newest round, Liquid Death will exclusively ‘murder your thirst’ at Live Nation events

TechCrunch

Liquid Death , a four-year-old, LA-based canned mountain water startup that has steadily garnered market share and press coverage by promising, amusingly, to “murder your thirst,” just raised $15 million in Series C funding. The round brings the company’s total backing to date to $50 million. The new financing — it follows a $23 million Series B round last fall — was seemingly about getting more strategic partners involved with the brand.

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Burnout Is A Mental Health Matter

GCUC

A couple months ago I found myself in a funk, except it wasn’t going away. It seems to be lingering & I couldn’t shake. The post Burnout Is A Mental Health Matter appeared first on GCUC Community.

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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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Even startups on tight budgets can maximize their marketing impact

TechCrunch

Dominik Angerer. Contributor. Share on Twitter. Dominik Angerer is CEO and co-founder of headless CMS Storyblok , which provides best practice guidance for startups on how to build a sustainable approach to marketing their content. Search engine optimization, PR, paid marketing, emails, social — marketing and communications is crowded with techniques, channels, solutions and acronyms.

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WJR Business Beat with Jeff Sloan: Data Shows Consumers Want to Shop and Dine Locally (Episode 224)

StartupNation

On this morning’s Business Beat, Jeff shares an ongoing trend in consumer behavior: those who are searching for something online but going to a store locally to actually make the purchase. Visits to local stores and restaurants are top of mind, according to a recent report by Google. Tune in to the Business Beat, below, to learn more about this great news for local merchants and local restaurants: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat.

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Advanced tax strategies for startup founders

TechCrunch

Peyton Carr. Contributor. Share on Twitter. Peyton Carr is a financial advisor to founders, entrepreneurs and their families, helping them with planning and investing. He is a managing director of Keystone Global Partners. More posts by this contributor. What you need to know before selling your company’s stock. Is your net worth too closely tied to your company’s success?

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Running a remote-first startup: Do’s and Don’ts

Entrepreneur's Handbook

Running a Remote-First Startup: Do’s and Don’ts We’ve been a remote-first startup for 3 years, here’s what we’ve learned. We’ve been a remote-first startup from day one at Uizard ?—?since the moment my co-founders and I started building our first prototype at the end of 2017, to today in 2021, with a team distributed in 5 different countries. If you are starting a company now in the midst of the COVID-19 chaos, being remote-first is probably the only viable option.

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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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SpecTrust raises millions to fight cybercrime with its no-code platform

TechCrunch

Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts 90% of a business’ risk infrastructure spend that responds to threats in “minutes instead of months.” .

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These 3 Entrepreneurs Share Tips for Overcoming E-Commerce Product Launch Obstacles

StartupNation

With consumers spending more than ever online, it’s no wonder why so many entrepreneurs are joining e-commerce marketplaces in droves. Consumers around the world spent $900 billion at online retailers in 2020, according to report from the Mastercard Economics Institute. Up to 30% of that shift is expected to be permanent, too. This growth, regardless of sales channel, has been massively powered by startups and small businesses.

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BRD’s Blockset unveils its white-label cryptocurrency wallet for banks and other enterprise clients

TechCrunch

Blockset , the blockchain infrastructure platform for enterprises by BRD , announced early access to its Wallet-as-a-Service today. The white-label solution gives clients, like financial institutions, the ability to launch wallets that have the same features as BRD’s own mobile cryptocurrency wallet, which now has about 7 million users with over $20 billion assets under protection.

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[Kenna Security in GlobeNewswire] Publishing Exploits Does More Harm Than Good, Kenna Security Research Finds

OurCrowd

SANTA CLARA, Calif., May 13, 2021 (GLOBE NEWSWIRE) — Cybersecurity researchers and “white-hat” hackers that publicize exploit code used in cyberattacks are giving a clear and unequivocal advantage to attackers, new research has found. The research, Prioritization to Prediction, Volume 7: Establishing Defender Advantage conducted by Kenna Security, the enterprise leader in risk-based vulnerability management, and Cyentia Institute, offers a definitive answer to one of the longest-running de

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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.