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

TechCrunch

Steve Sloane is a partner at Menlo Ventures where he invests in inflection-stage companies. Derek Xiao is an investor at Menlo Ventures focused on soon-to-be breakout companies at the inflection stage. For these industries, digital enablers, rather than disruptors, constitute the next wave of supply chain innovation. and Enable.

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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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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

The company’s mission to reduce home-based fossil fuel dependency has attracted additional support from Incite Ventures, MCJ Collective, Garage Capital, Climate Capital, and Spacecadet. However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. For more information, visit www.quilt.com.

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How To End Your Pitch with Your Vision

Dream It

VCs are looking for a grand slam,” according to Steve Barsh, Managing Partner at Dreamit Ventures. As all investors know from the case of Uber, you cannot size a market based on an incumbent. By Charles LaCalle Director of Sourcing at Dreamit Ventures. Don’t confuse "exit strategy" with your company’s vision.

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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

TechCrunch

Enter Omaha, Nebraska-based Breeze , the company Nabity started in 2019 with Cody Leach to enable individuals to go online and complete in 10 minutes the application process to receive a personalized quote for either disability insurance or critical illness insurance.

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Bond Pet Foods enters meat proteins phase with $17.5M Series A

TechCrunch

million Series A investment in June from a group of investors that includes Archer-Daniels-Midland Company’s venture arm ADM Ventures, Cavallo Ventures, Genoa Ventures, Lever VC, Thia Ventures, iSelect Fund, Stage 1 Fund, Lifely VC and Satori Capital. The move is buoyed by a $17.5