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EV Shuttle and School Bus Manufacturer Endera Gains $49 Million to Support Growth

American Entrepreneurship

Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.

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EO’s framework for sustainability: How EO will become net positive by 2030

Entrepreneurs' Organization

Entrepreneurs’ Organization (EO)’s purpose is to help entrepreneurs achieve their full potential by enabling life-enhancing connections, designing shared experiences and providing collaborative learning. People: Develop a culture that supports diversity, inclusion and wellbeing for all 2. EO will empower its members.

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5 emerging use cases for productivity infrastructure in 2021

TechCrunch

This growth was boosted by an increasing number of companies prioritizing tools that support communication, collaboration, transparency and a seamless end-to-end workflow. As the post-pandemic workplace begins to take shape, how can productivity infrastructure support enterprises where they are now and where they need to go next?

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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. Since 2021, Upfront returned more than $600 million to LPs and returned more than $1 billion since 2018. Thank you to everybody in the community who has supported us all these years. Thank you, thank you, thank you.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. First off, from Kenya, Koa enables users to save and invest, gaining control over their finances. Here are the startups in the 8th cohort.

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News: SMB Going Online Tripled Between Pre-pandemic and 2021

Smart Hustle Magazine

According to Recovery Insights: Small Business Reset report prepared by Mastercard Economics Institute, the number of SMB offering online products/services tripled between the pre-pandemic era and 2021. The Recovery Insights: Small Business Reset report found that digitally-enabled SMBs: Witnessed 5.0% Amp up your customer support.

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Fintech Startup Backflip Gains Series A Round for Platform Supporting Real Estate Entrepreneurs

American Entrepreneurship

$15 Million Series A supports the startup’s growth with a $10M Net Revenue Run Rate In 2021 real estate fintech startup Backflip launched an all-in-one platform for real estate entrepreneurs to support their acquisition and renovation of single-family homes.