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Kin lands $33M in fresh financing from investors

American Entrepreneurship

QED-led extension brings total for Series D round to $142M CHICAGO, IL – September 13, 2023 – Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $33 million Series D extension. Kin is also succeeding in geographies where other legacy insurers are either leaving or stalling growth.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. It also plans to soon offer embedded finance products. And in January, fulfillment is up 20% compared to November of 2021. Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. So, just how does it work? “The

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Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

And unlike in developed countries where systems are set in place to help people with vehicle financing, it is almost non-existent in developing markets such as Egypt, where only about 5% of used cars are financed. . “So Mazen said Sylndr plans to open up to buyers in Q4 this year or Q1 2023.

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Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings

TechCrunch

The investment and finance industry is no exception. Technology such as AI has digitized the finance sector, ranging from payments and remittances to lending. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks.

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Citi Foundation’s Inaugural Global Innovation Challenge Now Open for Nonprofits

American Entrepreneurship

Registration for the Challenge is open to March 22, 2023, at 4 p.m. These are just a few of the noteworthy endeavors undertaken by Citi and Citi Foundation that impact people’s lives and their communities.

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I’ve never seen so many crap startups

TechCrunch

Technology that enables people to live longer on their own (not as big a factor in other countries where it is normal for multi-generational households to exist) and to take ownership of their health and care is on the rise. Silver tech – Life expectancy is on the rise and the U.S. But, for us, the big bet is in the bowels.

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Virtual Incision Extends Series C Round with Additional $30M Funding

American Entrepreneurship

September 19, 2023 – Virtual Incision Corporation , the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system, today announced a $30 million extension to its previous $46 million Series C financing. Investment will accelerate advancements of the MIRA Surgical System LINCOLN, Neb.

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