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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

Essex County): Created an alternative material to cementitious concrete: high-density gypsum (HDG) concrete, which enables the company to eliminate the culprit behind concrete’s enormous carbon footprint. Amatec Inc. Coulomb Technology, Inc. PureLi Inc.

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Headwinds, Tailwinds, and Crosswinds Ahead for Rising Startup Ecosystems

Revolution

The optionality to lock in gains amid prolonged investment cycles through secondary sales and continuation funds are disproportionately available to larger, multi-stage, incumbent funds. Maturing ecosystems: Rising citiesand especially their startup communitieshave evolved substantially in the last decade.

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Expeto, a startup selling tools to manage private cellular networks, raises $13M

TechCrunch

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). But that hasn’t stopped new ventures from cropping up to challenge the incumbents.

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. If these sums sound very large, it’s because outsized funding is the order of the day for large enterprise startups taking on networking infrastructure leviathans like Cisco, Juniper and Huawei. (It

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Bringing AI to the Masses

Andreessen Horowitz

01:07] Social networks as compliment to AI [03:59] Poe: bringing AI to the masses [05:51] The future of AI is multi-model and multimodal [08:11] Is the model the product? [11:31] And meanwhile, I just watched social networking start to boom. Find more content from our AI Revolution series on www.a16z.com/AIRevolution.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions. “In the process, you end up having to also be compliance experts just to be able to do it.”. Whereas it took Karkal three years to get bank processes set up for other companies, it took Sila 18 months.

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Pinduoduo and The Rise of Social E-Commerce

Y Combinator

Beyond the social networks we already know and use, we are finding new ways to integrate social into our online lives. Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. At Y Combinator, we are considering what this might mean for the future of e-commerce.