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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. 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. Steve Sloane. Contributor. Share on Twitter.

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Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

TechCrunch

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. “T hey are seeing the impact of the alternatives,” he said, with the migration away from the incumbents happening gradually. That’s a common thing.”

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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. And does anyone care?

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

Magnetar contributed $111 million, with the remainder of the investment being split between Nvidia, Friedman and Gross. An Nvidia spokesperson said that the investment represents a “deepening” of its partnership with CoreWeave. Initially, CoreWeave was focused exclusively on cryptocurrency applications. billion and $26.28

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How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I answered in the same way I always do so I thought I’d just write it publicly. “I

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Pinecone drops $100M investment on $750M valuation, as vector database demand grows

TechCrunch

Today, the company announced a $100 million Series B investment on a $750 million post valuation. These kinds of numbers have been hard to come by in a conservative investment environment, but the company is growing fast and investors saw an opportunity to grab a market leader, says Pinecone CEO and founder Edo Liberty.

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Cloud optimization startup ProsperOps lands $72M investment

TechCrunch

Incredibly, prior to the investment, ProsperOps had only raised around $800,000. “This investment allows us to expand the scope of the work we perform for our customers and continue growing our engineering and sales teams.” Growth Partners with participation from Active Capital and other unnamed investors. a few months).