Sun.Jul 24, 2022

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Every startup wants an extension round, but there aren’t enough to go around

TechCrunch

As venture funding continues to slow , founders are scrambling to extend their runways, regardless of how much cash they already have in the bank. But the startups that need the cash infusions the most are running into the most trouble. Last week, I wrote about the current state of bridge financing after multiple pre-seed investors started getting emails from companies — some in a state of desperation — to get more time in the form of cash.

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SG’s HeveaConnect raises $7.1 million for agri-commodities platform

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register HeveaConnect Pte Ltd , a Singapore-based agri-commodities platform company, announced that it has completed its series A round led by Provident Capital Partners, DeClout Ventures, and HC management. Provident and DeClout joins SGX Group , DBS Bank, ITOCHU Corporation, and Halcyon Agri Corporation as shareholders of HC.

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These startups want to make credit scores a thing of the past

TechCrunch

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

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Omni HR seeks to digitise employee management in Asia after raising $2.4m funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register HR automation platform , Omni HR today announced it has recently closed $2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures.

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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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business.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.