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Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace

TechCrunch

Put simply, Crowdz started out by giving small and medium-sized businesses a way to sell invoices for financing to funders. With this latest investment, Crowdz and Citi plan to collaborate based on that goal of giving SMEs “rapid and efficient access to the working capital needed to keep their businesses running.”

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Additional investors in the newest seed round and expanded credit facility include Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders and Fox Ventures. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.

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The Surest Sign You’re Winning is When Goliath Takes a Swing at You

Both Sides of the Table

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. ADT invested in a startup called Zonoff, which was to be acquired by Honeywell for a modest sum. The first instinct is fear, then dread, then panic. with the cloud of a lawsuit hanging over you.

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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

This was certainly the case when I invested in a small YouTube video production company called Maker Studios that recently sold to Disney for just shy of $1 billion. But if it’s a very obvious deal to a group of strong-minded & cynical investment professionals you probably need to think a bit harder as to why.

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10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future

TechCrunch

Following up on our May of 2020 survey of the sector and about the impact of COVID-19 in particular , TechCrunch spoke with 10 investors about the state of mobility, which trends they’re most excited about and what they’re looking for in their next investments. COVID has exposed how rickety, insolvent and inequitable transit is in the U.S.