Sat.May 14, 2022

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Here come the single-digit SaaS multiples

TechCrunch

While stocks looked for a comeback on Friday after another torrid week of selloffs, it’s a fact that software valuations are testing new levels of price depression. There’s widespread damage as a result of all of those red charts plummeting down and to the right: The decline in the value of public software companies has been a key leading indicator for the present slowdown in venture capital activity, for example, and the ability of startups to push their own valuations higher.

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[Morphisec in The Jerusalem Post] Traveling with a watchful mind in the cyber era – comment

OurCrowd

Morphisec, an Israeli cyber prevention firm based in Beersheba, indicated that the “sophisticated attacks on the hospitality industry are only becoming more frequent and advanced. Read more here. The post [Morphisec in The Jerusalem Post] Traveling with a watchful mind in the cyber era – comment appeared first on OurCrowd Blog.

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Can carbon capture startup Carbon Clean deliver on its cost claims?

TechCrunch

Startup Carbon Clean announced earlier this week that it raised $150 million in a Series C that provides it with a sizable war chest to continue the development of its modular carbon capture system. Carbon Clean has won its share of admirers, most recently Chevron, which led the round, and BloombergNEF, which named it a BNEF Pioneer last month in part because of the startup’s small-scale approach to carbon capture and sequestration (CCS). .

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[Hub Security in PR Newswire] HUB Security announces an NIS 17M PIPE close at NIS 6 per share and an update on the upcoming NASDAQ SPAC merger

OurCrowd

TEL-AVIV, Israel , May 15, 2022 /PRNewswire/ — HUB Cyber Security ( Israel ) Limited (TASE: HUB), a Tel-Aviv based developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company”), announces an update on a closing of a PIPE round and the status of the Company’s expected SPAC merger with Mount Rainier Acquisition Corp.

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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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On non-founder CEOs, turnarounds and priorities

TechCrunch

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This may be your first time reading this newsletter — if so, welcome! If not, you already know that Alex created it. And if you’ve read last week’s issue , you also know that I am taking over.

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