Tue.Jul 26, 2022

article thumbnail

The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding

TechCrunch

The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and home accessories items, announced today that it has raised $2.6 million in seed funding led by CVentures, a corporate venture capital firm based in Egypt. A15 , an early-stage VC in the MENA region that has backed the likes of Esaal , Paymob and Helios Investment Partners subsidiary, TPay, made a follow-on investment, according to TFK.

startup 98
article thumbnail

The Startup Uncertainty Principle

Entrepreneur's Handbook

An exploration of the impossible tradeoff that all startups must make: betting on now vs. betting on the future. Photo by Ben Wicks on Unsplash There is a surprising amount of similarity between the process of starting a company and the wild science of quantum physics. Both are chaotic, unpredictable, and in many ways counterintuitive. And one particular principle that I think translates quite nicely is what I’ll call the Startup Uncertainty Principle.

startup 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TechCrunch+ roundup: Bridge round scarcity, resilient e-commerce, CVC negotiating tips

TechCrunch

Inflation is up and consumer confidence is down, which is why e-commerce startups that hope to weather the ongoing downturn should expand their product offerings. Does that sound counterintuitive? “The more complementary and additive a product is to your catalog, the larger your cart size and the more likely a customer is to return,” says Bennett Carroccio.

article thumbnail

YC S22 Virtual Demo Day

Y Combinator

On the morning of September 7th and September 8th, 2022, YC will host our 35th Demo Day live on Zoom. This two day event will feature founders from 30 countries and startups in every sector — open source, ML/AI, dev tools, fintech, B2B SaaS, consumer, healthcare, hard tech, and more. Every company will have one minute to present. At the start of the day, a single-slide company summary, short company description, and team bio will be available through the YC Demo Day website.

SaaS 98
article thumbnail

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.

article thumbnail

The right questions to ask investors when fundraising in a down market

TechCrunch

Blair Silverberg. Contributor. Share on Twitter. Blair Silverberg is co-founder and CEO of Hum Capital , a financial services company using technology to accelerate the fundraising process. More posts by this contributor. 8 steps for building a financial model to calculate your fundraising needs. A founder’s guide to calculating CAC and LTV the right way.

More Trending

article thumbnail

Neon nabs $30M to build a scalable cloud service for Postgres databases

TechCrunch

Neon , a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with TechCrunch, CEO Nikita Shamgunov, who described the tranche as “oversubscribed,” said it would be put toward growing Neon’s engineering team, bootstrapping its go-to-market team and building develop

mix-use 87
article thumbnail

How it Actually Feels to Raise Venture Capital

Entrepreneur's Handbook

It’s not necessarily bad, but I promise it’s not what you think. Continue reading on Entrepreneur's Handbook ».

article thumbnail

Former a16z partner starts solo fund to back early-stage fintech startups

TechCrunch

In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. At the time, he was working for Andy Carra, who served as that company’s CTO before going on to co-found SoFi. It was Salisbury’s first foray into fintech, and high on the excitement of getting a new product live in a highly regulated industry, he admittedly got bit by the fintech bug.

startup 83
article thumbnail

5 False Beliefs (and Horrific Decisions) That Caused My Client to Go off The Rails

Entrepreneur's Handbook

He disagreed with my suggestions and proceeded to build a business he can’t stand. Five customers in, he’s already burnt out. Continue reading on Entrepreneur's Handbook ».

article thumbnail

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.

article thumbnail

Krafton says it has invested over $100 million in India and wants to become more than just a gaming company

TechCrunch

Krafton, the brand behind some of the world’s most popular video games, says it has already deployed the $100 million it had committed to the Indian market two years ago in the South Asian nation and is gearing up to launch several new titles in the country. The four-year-old South Korean firm, which went public last year, gained popularity with its shooter game PlayerUnknown’s Battlegrounds — commonly called PUBG.

article thumbnail

Lazada leads $168m funding in Malaysia’s TNG eWallet

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register TNG Digital , the owner and operator of Malaysia’s largest e-wallet company Touch ‘n Go eWallet, has raised about $168 million in a its latest equity funding round led by Lazada Group , according to an announcement. This funding round also saw follow-on investment by TNG Digital’s current shareholder and parent company Touch ‘n Go Sdn.

article thumbnail

Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants

TechCrunch

There are many companies bringing one-click checkout to the direct-to-consumer marketplace, but few are developing similar tools for the business-to-business marketplace. B2B payment volume is five times the size of business-to-consumer retail payments, yet much of those payments are not being done online. That’s where Balance comes in. The company, co-founded by former PayPal employees Bar Geron and Yoni Shuster, supports B2B e-commerce merchants and marketplaces by digitizing those capabilitie

article thumbnail

RevSetter’s Al-Saad is Elevating the Way B2B Companies are Growing their Customers and Revenue

Jason Malki

I had the pleasure of interviewing Haydar Al-Saad, the founder and CEO of RevSetter , a modern Customer Platform built to help companies elevate the way their teams work with customers to improve retention, fuel expansion and accelerate business growth. RevSetter is an end-to-end Customer Platform for B2B companies of all sizes, from SMB to Enterprise.

SaaS 52
article thumbnail

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.

article thumbnail

US Southeast surges ahead as other regions see VC funding decline

TechCrunch

It seems everything is doom and gloom in the U.S. venture market, between startup layoffs and declining venture deal counts to an essentially moribund exit environment. But there are bright spots, one of which being the Southeast region, which is on track for its best year yet. The Southeast region had its best quarter for funding on record in Q2. More than $5.1 billion was invested across 289 deals during the period, according to PitchBook.

VC 93
article thumbnail

Rush ReCommerce scores $12.9m Series A financing

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Recommerce software and service provider Rush ReCommerce announced that it has closed a $12.9 million Series A financing, anchored by transatlantic venture capital investor Beringea. The company said intends to use the newly invested capital to enhance its solution and accelerate the growth of its recommerce network.

article thumbnail

Daily Crunch: European subscription prices for Amazon Prime will increase in September 

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. What is up, you delightful beings. Today, I’ve been doing a lot of thinking about Instagram. Devin wrote about how the platform just keeps getting worse with dark patterns lifted from TikTok , and Amanda made me laugh with her Instagram responds to criticism with shocking revelation that it will ‘continue to support photos’ headline.

article thumbnail

The Ethereum Price Is Exploding Again. You Should Definitely Know Why.

Entrepreneur's Handbook

Let me explain Continue reading on Entrepreneur's Handbook ».

article thumbnail

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.

article thumbnail

Latin America’s slowing VC market hides local strength

TechCrunch

The Latin American startup market, once among the hottest in the world , is cooling. But its slowdown is far from uniform; some countries are surviving the downturn far better than others, data reveals. A few weeks back, this column took an early look at venture capital data concerning LatAm startups and their financial backers, noting that the region was seeing successive quarterly declines that had become more than simply material.

VC 89
article thumbnail

Carousell acquires Indonesian recommerce platform Laku6

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Southeast Asia’s recommerce group Carousell has announced that it acquired control of Laku6 , the AI-first end-to-end electronics recommerce platform in Indonesia, as part of its vision to make secondhand the first choice for users. Temasek unit Heliconia Capital will be supporting Carousell Group in its acquisition of Laku6 and in accelerating circularity in secondhand electroni

article thumbnail

Struck Capital ploughs $15M into spinning up its own startups

TechCrunch

What do you do when you get pitched a bunch of really nice startups but you think you can do even better? You roll your own, of course. Or, at least, that’s what Struck Capital is giving a whirl with a $15 million fund and a team of experienced company builders, in addition to its existing $220 million AUM funds, with LPs including Leo DiCaprio.

capital 78
article thumbnail

Join the Live Community AMA and Awards Event by Entrepreneur’s Handbook on Medium

Entrepreneur's Handbook

Join the Live Community AMA and Awards Event by Entrepreneur’s Handbook Meet the editors and top writers of Entrepreneur’s Handbook. Hear tips and stories about Medium. Winners receive cash prizes. Event details: Hosted by the Entrepreneur’s Handbook editorial team: Dave Schools , Amardeep Parmar , and Stephen Moore Date: Tuesday, August 9, 2022 | add to calendar Time: 5:00pm BST, 12:00pm EST, and 9:00am PST.

article thumbnail

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

article thumbnail

Resourcely helps automate security, so developers can concentrate on coding

TechCrunch

When Resourcely co-founder and CEO Travis McPeak was working at Netflix, he recognized a significant tension that existed between security and speed. If you move fast, you really do tend to break things and security suffers. While at Netflix, he helped build a system where security was baked in. He knew security was essential, but he also knew his team couldn’t be a blocker to speed and innovation.

article thumbnail

Singapore’s Qapita acquires India-based ESOP Direct

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-headquartered equity management firm Qapita announced that it has completed the 100% acquisition of India-based ESOP Direct in a full cash transaction. This will see Qapita secure full ownership of ESOP Direct’s operating entities from its shareholders, per the announcement.

media 52
article thumbnail

Babbel brings its B2B language learning service to the US

TechCrunch

Babbel , the popular subscription-based online language learning service, today announced a couple of updates about its U.S. businesses — the Berlin-based company’s largest market by overall revenue and its fastest-growing one, too. In the first half of 2022, the company sold more than 1 million subscriptions in the U.S., and it’s now also extending its B2B business to the U.S. as well.

article thumbnail

How I Gained Over 35k New Followers on Twitter in 4 Months

Entrepreneur's Handbook

My month-by-month journey from February to May and an in-depth strategy helped me and can help you do the same. Continue reading on Entrepreneur's Handbook ».

article thumbnail

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.