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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

Two-year-old startup contributes to Tampa’s growing startup ecosystem. In a major milestone for both Scamnetic and the growing Tampa, Florida innovation ecosystem, the AI-powered scam detection company announced a $13 million Series A funding round to accelerate its growth and expand its market presence globally.

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New Zealand’s startup ecosystem poised to grow more ‘tall poppies’

TechCrunch

New Zealand, a country of just under 5 million people, has historically flown under the radar of venture capitalism. Now, investors see New Zealand as a country with a track record of building companies with global exits in SaaS, health tech and deep tech. Technology startups are the pinnacle of that strategy.

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Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

TechCrunch

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 Other investors — Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp and New General Market Partners participated. The round was led by U.S.-based

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Colabs gets $3 million seed to expand across Pakistan, launch back-office SaaS solution

TechCrunch

Lahore-based coworking space startup, Colabs , is set to roll-out a SaaS product to enable businesses meet back-office needs including company registration, talent sourcing and management, payroll processing and legal and tax compliance. We were fortunate enough to have met some of the startups we invested in, in their spaces.”.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

“This shows that Africa’s investment landscape is still very promising because it continues to grow, and there’s increasing interest in multiple startup ecosystems, including nascent ecosystems. These are all indications of a growing ecosystem,” he added. For global venture capital, 2021 was an outlier.

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Startups should focus on value add rather than amount of investment, says Sharon Lou, partner, Indelible Ventures

AsiaTechDaily

Sharon Lou, venture partner at Indelible Ventures , considers this as one of the top mistakes that founders commit when raising funds. Indelible Ventures is a venture capital firm that invests in B2B SaaS startups that can scale internationally. And when did you first think about starting a fund?

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? What is a VC To Do?

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