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Tile secures $40 million to take on Apple AirTag with new products

TechCrunch

The funding will be put towards investment in Tile’s finding technologies, ahead of the company’s plan to unveil a new slate of products and features that the company believes will help it to better compete with Apple’s AirTags and further expand its market. “We felt this was the right mix of capital choice for us.”

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

He thinks that early use cases may center on customer service, but is certain that more will follow. We have long been pushy on such an indirect distribution, having invested in four embedded insurance startups in property and casualty, bancassurance, life, and SME insurance. That hasn’t changed.

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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

TechCrunch

It plans to use the funding to expand its own technology tools, as well as grow internationally. Spryker’s argument is that by being a newer company (founded in 2018) it has a more up-to-date stack that puts it ahead of older startups and more incumbent players like SAP and Oracle.

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What goes up must come down

TechCrunch

In September, he co-invested in a Seattle startup called Far Homes that was founded by Redfin alums and is focused on “buying and selling real estate in foreign markets,” as reported by GeekWire. BNPL player Affirm last week reported mixed financial results. I’m sorry that we don’t have enough sales to keep paying you.”.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Looking ahead, KPMG’s view on the prospects for financial services M&A over the next six to 12 months is mixed. Wiseasy is a brand you might not have heard of, but it’s a popular Android-based payment terminal maker used in restaurants, hotels, retail outlets and schools across the Asia-Pacific region. .”

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Daily Crunch: Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B

TechCrunch

As Frederic writes, Amazon trained the system — which currently supports Java, JavaScript and Python — on billions of lines of publicly available open source code and its own codebase, as well as publicly available documentation and code on public forums. Reactions have been mixed, Jacquelyn reports. Ron notes that the $10.2

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Convoy: The Future of Truck Freight

Y Combinator

In the last few years, incumbents have started to adopt technology to fix inefficiencies, but they’ve focused on tools to streamline individual tasks (e.g., Fragmented supply and demand is a problem for incumbents, but a great opportunity for a digital marketplace. On the supply side of the US freight market, there are 1.6