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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.

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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. What’s a startup to do? Because this technique is so new, startups have the upper hand: Innovator’s Dilemma redux. Twenty years ago, startups IPOed after 4 years.

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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.

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

AsiaTechDaily

Register Equatorial Space Systems, a Singapore-based rocket propulsion and space launch startup, has raised US$1.5 The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions. million in seed funding led by Elev8.VC.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. Founded in 2013, the Argentinian startup serves as a white label infrastructure software provider, with the aim of giving businesses the ability to launch financial services.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. He has a deep history of investing in deep tech startups that have gone on to disrupt industries across AI, data, semiconductors, among others.” After emerging from stealth in 2019, Sima.ai

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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

The Series B extension financing round was anchored by SIG Venture Capital and backed by CE Innovation Capital and PayU, the payments and fintech business of Prosus. In a statement, the startup said it the fresh capital will enable it to continue building out a leadership team and to invest in product and technology development.