Sun.Apr 02, 2023

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Indonesia’s Fresh Factory bags $4.15m in pre-Series A funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Fresh Factory , an Indonesian start-up that offers an integrated cold chain fulfilment and logistics service , has raised $4.15m in pre-Series A funding. The investment round was led by SBI Ven Capital, with participation from Kyobo Securities, NTUitive, Trihill Capital, East Ventures and PT Tap Applied Agri Services.

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How you invest your time is just as important as how you invest your money

TechCrunch

Allison Baum Gates Contributor Share on Twitter Allison Baum Gates is a general partner at early-stage venture capital fund SemperVirens, and the author of Breaking into Venture. One night, a policeman is doing his typical evening neighborhood walk. The sun has set, and he’s on high alert for any potential danger as he strolls slowly down the street.

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The best entrepreneurship blogs to read in 2023

Founder Bounty

Entrepreneurship is an exciting and challenging journey that requires determination, creativity, and persistence. To be a successful entrepreneur, you need to have access to the right resources and knowledge. One of the best ways to stay up-to-date with the latest trends and best practices is to follow entrepreneurship blogs. In this blog post, we'll look at the top entrepreneurship blogs in 2023.

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Do you need a deck to raise from VCs? Not always

TechCrunch

For all the focus on pitch decks (and more than 80 articles on the topic ), you’d think that it’s impossible for startups to raise from angels or institutional investors without one. That’s not entirely correct. Here’s why. Going far enough back into the history of investing, you needed a comprehensive business plan to raise funding from institutional investors.

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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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[Cybersixgill in Israel Defense] Malicious Traffic: The Race Between Underground Car Hackers and Automotive Security

OurCrowd

As automobiles continue to strengthen connectivity and invest in security, hackers are seeking new ways to get into your car. Guest author Adi Bleih from CyberSixgill explains Read more here. The post [Cybersixgill in Israel Defense] Malicious Traffic: The Race Between Underground Car Hackers and Automotive Security appeared first on OurCrowd Blog.

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The Change in Burn Multiple for Startups in 2023

Tomasz Tunguz

Burn multiple measures the capital efficiency of a startup. Burn multiple calculated like this : net burn divided by net new ARR. Startup burn multiples have changed markedly in 2023. Companies with more efficient burn multiples between 1-2 plan to increase their net burn per new dollar of bookings by between 14-40%. In contrast, startups with higher operating expenses will reduce their burn multiple by 34-70%.

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