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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%. This Series C is being led by D2 Investments, a new investment fund with LPs from the U.S. This Series C is being led by D2 Investments, a new investment fund with LPs from the U.S.

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

The investment is the largest-ever Series A round for the region, and it values Wave at $1.7 Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. . ” Going up against incumbents.

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

American Entrepreneurship

“However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. Lambert served as Director at Google’s Area 120, where he led the division’s sustainability investments. We’re developing heat pumps that are better than any HVAC system of any kind.

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Why the startup sector should keep its eye on the SEC

TechCrunch

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. And the scale of the SEC’s proposed reforms should alarm entrepreneurs, investors and employees in the innovation economy.

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Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers

TechCrunch

Valar Ventures led the investment, which brings Neo’s total funding to $234.7 It expanded into investing in April with a private wealth management product, and plans a mortgage offering for later this year as part of its effort to be a “one-stop shop for all financial services for Canadians and retailers.” .

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Commercializing AI in Healthcare: The Enterprise Buyer Perspective

Andreessen Horowitz

As Paul Uhrig, Chief Legal and Digital Health Officer of Bassett Healthcare Network and Executive Director of Bassett Innovation Center told us, “if we can get the ultimate user excited and to be champions about this, that I found to be very much the winning strategy.”

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How to Think of R&D Spend

Andreessen Horowitz

And, especially when you’re considering integrating a new technology platform into your business—like AI today, or cloud a decade ago—how do you invest in innovation without losing control of your runway and budget? Some investments will generate returns within a few months, while others may take years to produce results.