Thu.Mar 30, 2023

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LA-based 541 Ventures debuts into Southern California’s Family Office Ecosystem

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register 541 Ventures , a Los Angeles-based global venture capital firm, announces its official debut into the innovative and influential ecosystem of family offices in Southern California. The event, co-hosted by The Global 51, a family office association, and Revere, an information platform for asset allocators and emerging VC managers, brought together over 30 family offices and investment

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Qualcomm-backed Aravita wants to help Brazilian supermarkets control food waste

TechCrunch

It’s estimated that about a third of all food produced worldwide every year, which is approximately 1.3 billion tons, is estimated to be wasted. Aravita , a Brazilian artificial intelligence startup, thinks that supermarkets are the best place to start fixing this problem. Marco Perlman, co-founder and CEO, started the company with Aline Azevedo and Bruno Schrappe in 2022 to tackle waste in the fourth-largest food producing country in the world where 33 million Brazilians have some type of food

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TBD Angels Tech Stack

David Teten VC

I asked Sriram Gollapalli , a founding member of TBD Angels and Long Angle , to share some details on TBD Angel’s tech stack and the ways in which it has helped TBD become one of the largest and most active angel networks in the US, since its inception 3 years ago. This is part of PEVCtech ‘s series on investment management firms’ tech stacks. Q: Please give us an overview of TBD Angels.

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Why You Can’t Raise VC Money.

Entrepreneur's Handbook

Why You Can’t Raise VC Money Photo by Jp Valery on Unsplash Many entrepreneurs have experienced the keen sting of rejection when venture capital firms refuse to invest in or otherwise respond to their exciting new startups. In fact, founders today have less than a 5% chance of getting institutional money from the top VCs, and the most elite firms boast an even rarer rate of success (for example, the odds of securing backing from Andreessen Horowitz are approximately 0.7% ).

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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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All-in-One Digital Lending Platform Presta Raises $3.3 Million in Oversubscribed Pre-Seed Funding Round Led by Distributed Ventures

American Entrepreneurship

Funding will support platform roll out to accelerate the loan origination process for lenders and borrowers NEW YORK, March 29, 2023 – Presta , an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch today after raising $3.3 million in oversubscribed pre-seed fundraise. Led by Distributed Ventures with additional investment from Zeal Capital Partners, Matchstick Ventures , The Fund , Tech Stars , and Jumpstart Ventures , the fundi

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Orb Launches with $19.1M to Enable Businesses to Unlock Revenue

American Entrepreneurship

The modern pricing platform gives businesses the infrastructure to automate billing, experiment with pricing, and optimize revenue capture SAN FRANCISCO, CA – March 29, 2023 – Orb , the modern pricing platform, launched today and announced that it closed $14M in Series A funding. The round was led by Menlo Ventures, following a seed round in 2021 of $5.1 million led by Greylock, bringing the total raised to $19.1 million.

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Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

TechCrunch

Impact investor Goodwell Investments and Oxfam Novib , a Dutch foundation and Oxfam International affiliate, have set up Pepea, a €20 million ($21.7m) fund, to provide financing to early-stage startups in Kenya, Uganda, and Ethiopia. The fund, created with the backing of Oxfam Novib Impact Investments, will provide venture debt with a focus on mezzanine finance, which is a debt that can be turned into equity.

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SG’s Equatorial Space bags $1.5m in Seed funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Equatorial Space Systems, a Singapore-based rocket propulsion and space launch startup, has raised US$1.5 million in seed funding led by Elev8.VC. The round was also joined by SEEDS Capital and Masik Enterprises. The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions.

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Crypto wallet company Ledger raises another $108 million

TechCrunch

French startup Ledger has added more money to its Series C funding round. The company designs and manufactures so-called hardware wallets to secure crypto assets. In 2021, the company raised €356 million ($385 million at today’s exchange rate). And the company is adding another €100 million ($108 million) in new funding. This is an extension round as the valuation of the company isn’t changing — €1.3 billion ($1.41 billion at today’s exchange rate).

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Singapore, Malaysia launch cross-border QR payments connectivity

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore’s Monetary Authority (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between the two countries, enabling customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.

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Daily Crunch: Ledger locks down another $108M to double down on hardware crypto wallets

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. Thursdaaaaaaaaaaaaaaaaaaay! It’s one of our favorite days of the week. Definitely in the top 7. — Christine and Haje The TechCrunch Top 3 Crypto wallet in disguise : Ledger, a company that designs and manufactures crypto wallets, is now flush with actual cash.

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Well, now we know how bankers control our business lives!

Berkonomics

Let’s get right down to it. Your banking relationship can be like a great marriage or a bad trip to the DMV. In most cases it is strictly your choice. But the results of that choice will reverberate for what could be years. Yes, we will spend a moment reviewing the SVB-Signature Bank crisis that recently left many of us losing sleep. But we will do this in the context of our decision-making and protection of our businesses.

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A look at Sweden’s startup scene as Techstars drops Stockholm program

TechCrunch

As the global venture capital market contracts following a historic investing boom, the downturn impacts each startup market differently. While we’ve given the United States’ startup ecosystem most of our attention lately , it’s time to broaden our perspective. And narrow our focus. In the wake of Techstars’ decision to discontinue its Swedish accelerator program, TechCrunch+ decided to dig into the country’s startup scene to understand how one smaller venture market is adapting to a changed inv

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Usage as the Moat in AI

Tomasz Tunguz

As generative AI captivates Startupland, startups will do what they have always done: integrate new technology to build transformative businesses. Incumbents have seized the moment with Microsoft, Adobe, & others integrating generative AI into their products quickest. In response, startups must develop moats to stake out their market. What are these moats?

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Discover the Disrupt 2023 Fintech Stage

TechCrunch

TechCrunch Disrupt , the premier event for startup investors and founders, is coming back in 2023 with an enhanced new format. This year, we’re rethinking TC Sessions, the standalone industry events series, and merging them into the big annual tech event — which will once again this year be held at the Moscone Center in San Francisco. Disrupt will have six industry tracks , each with its own stage, including AI , fintech , hardware , SaaS , security and sustainability.

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Malaysia’s PE, VC funding up 8.43% to $3.64bn in 2022

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Malaysia’s private equity and venture capital funding saw a significant increase in 2022, according to a report released by the Securities Commission Malaysia. The report showed an 8.43% increase in funding to $3.64 billion (MYR16.08 billion) in 2022, compared to $3.35 billion (MYR14.83 billion) in 2021.

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A comprehensive list of 2023 tech layoffs

TechCrunch

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google , Amazon , Microsoft , Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script , citing the macroeconomic environment and a need to find discipline on a tumultuo

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Thai startup Roojai nets $42m in Series B funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Thai-based insurtech Roojai has secured $42 million in Series B funding to support its expansion into non-motor products and into new markets such as Indonesia and other countries in Southeast Asia. The funding round was led by HDI International, the international retail insurance division of the German Talanx Group, and included participation from existing investors such as the Intern

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Oscilar emerges from stealth to fight transactions fraud with AI

TechCrunch

Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft. Oscilar is entirely self-funded, backed by $20 million that Narkhede and the company’s other co-founder, Sachin Kulkarni, themselves contributed.

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The Industry Needs to do One Thing to Avoid Regulation: Provide Better Phone Support

Hunter Walk

Why Tech Companies Avoid Customer Service and the Opportunity That Comes With Actually Engaging Your Users Thirty years from now when you’re reading my memoir pay attention to Chapter 8 because that’s when I became President of the United States. The populist momentum that resulted in an unprecedented third-party ascension was all based on a single premise: the large tech companies should staff competent, responsive and empathetic customer service departments. a telephone locked inside a clear p

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Checkout.com’s new president is bullish on US expansion, says she ‘welcomes’ comparisons to Stripe

TechCrunch

Stripe competitor Checkout.com announced last month that Céline Dufétel was appointed as its new president. She had previously served as the London-based fintech startup’s CFO and COO for about 18 months before her promotion. In her expanded role, which still includes serving as the company’s COO, Dufétel oversees all operational and go-to-market teams, including finance and marketing.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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The Silicon Valley of India’s RICHEST Student (Suumit Shah of Dukaan)

OkDork

   Subscribe: Apple Podcasts / Spotify In today’s episode, I talk to Suumit Shah of Dukaan. Suumit is a software engineer from Bangalore, India—AKA the Silicon Valley of India!! When the pandemic started and people everywhere were looking for ways to sell online, Suumit noticed a BIG problem. There were tons of websites to help people start online stores but NONE of them were smartphone friendly.

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Parloa raises $21M to add a little automation to contact centers

TechCrunch

It’s estimated that over $400 billion are spent annually to run customer contact centers around the world. To cut costs, in recent years, contact centers have embraced AI and automation; research from The Harris Poll indicates that 46% of customer interactions were already automated as of 2021. That’s good news for the vendors selling contact center automation software.

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Technology won’t save you if it’s all you’ve got

NZ Entrepreneur

Don’t let excitement about new tech blind you to what really powers your business. More than 25 years ago, a UK supermarket chain spotted an interesting trend in its customer data: men who bought nappies also bought six-packs of beer. The marketing team drew the conclusion – new dads could no longer justify time off to go down the pub, so they bought beer to drink at home.

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Fixie wants to make it easier for companies to build on top of language models

TechCrunch

Yet another startup hoping to cash in on the generative AI craze has secured an eye-popping tranche of VC funding. Called Fixie , the firm, founded by former engineering heads at Apple and Google, aims to connect text-generating models similar to OpenAI’s ChatGPT to an enterprise’s data, systems and workflows. Co-founder and CEO Matt Welsh describes it as the first enterprise-focused platform-as-a-service for building experiences with large language models (LLMs). “Essentially,

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.