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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. growth from 2020 to 2021. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. Moreover, rumors of deeply unethical behavior at accelerators are starting to surface frequently.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. Then in the first quarter of 2021, it began offering a “pay-by-link” service as well. Bold ended 2021 with more than 100,000 merchants using its services.

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Indonesian Startup BintanGo Raises $2.2M to Accelerate Live Commerce Expansion

AsiaTechDaily

BintanGo’s prior funding included a pre-seed round of $500,000 conducted in June 2021, just ahead of its launch in September of the same year. The newly introduced features enable brands to showcase their products or services in real-time interactions, adding an interactive layer to marketing strategies.

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., NeuReality’s NR1, an FPGA -based SKU within the NAPU family, is a network-attached “server on a chip” with an embedded AI inferencing accelerator along with networking and virtualization capabilities.

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Starburst acquires data lake analytics accelerator Varada to challenge Snowflake

TechCrunch

Likewise, Varada co-founder and VP of R&D Roman Vainbrand notes that the combined companies will be able to “deliver the best performance and cost benefits in the analytics query market, enabling organizations to accelerate the time-to-insight, while optimizing infrastructure operations and investments.”

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Orb Launches with $19.1M to Enable Businesses to Unlock Revenue

American Entrepreneurship

The round was led by Menlo Ventures, following a seed round in 2021 of $5.1 The shift in software from subscriptions to usage-based pricing has rapidly accelerated, with many companies seeking to incorporate how the product is used into how it is priced. I wish we had Orb to accelerate our revenue goals.”

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Outpost Raises $12.5 Million to Accelerate Growth, Targeting the Nationwide Truck Parking Shortage

American Entrepreneurship

million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners, to accelerate expansion of its managed properties and technology platform. Million to Accelerate Growth, Targeting the Nationwide Truck Parking Shortage appeared first on American Entrepreneurship Today®. 512-817-0747 Mark S.