article thumbnail

The next wave of supply-chain innovation will be driven by startups that help incumbents win

TechCrunch

For years, the prevailing narrative for innovation in supply chain has focused on the disruptors: Upstarts that enter the industry with new technologies and business models to displace incumbents. But in verticals ranging from freight brokerage to B2B marketplaces, these enablers have repeatedly emerged after an initial disruption.

article thumbnail

Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

Tomasz Tunguz

As I’ve explored web3 I’ve been forming a mental model of the major innovations powering this enormous wave of innovation. Because this technique is so new, startups have the upper hand: Innovator’s Dilemma redux. Crypto empowers open-source projects to monetize their innovation in a way web2 never achieved.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. If you are interested in entrepreneurship, innovation and accelerating your growth, then you will want to register for EO24/7 , EO’s annual virtual-learning event. Ultimately, a little bit of fear breeds innovation. Learn more now. .

article thumbnail

Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia

TechCrunch

It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round led by SIG Venture Capital, with participation from CE Innovation Capital and returning investor PayU, the payments and fintech business of Prosus.

article thumbnail

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

AsiaTechDaily

The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions. These advances will play an important role in developing other space technologies in Singapore and add to the vibrancy of Singapore’s innovation ecosystem.

article thumbnail

FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

article thumbnail

9 ways founders can bring automation to healthcare

TechCrunch

For an industry that constantly innovates, evolves and adapts, the reticence to embrace automation is frustrating, but ultimately, unsurprising. As incumbent banks embraced startups, investors leaned into novel ways to reduce friction and improve accuracy, increasing annual mortgage origination by nearly 40% compared to the last decade.