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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. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . E-commerce is growing incredibly fast in the region,” he said.

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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 Essex County): Created an alternative material to cementitious concrete: high-density gypsum (HDG) concrete, which enables the company to eliminate the culprit behind concrete’s enormous carbon footprint. TRENTON, N.J.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

“Sima.ai’s software and hardware platform can be used to enable scaling machine learning to [a range of] embedded edge applications. billion by 2025. As over-100-employee Sima.ai works to productize its first-generation chip, work is underway on the second-generation architecture, Rangasaye said. “Sima.ai

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It Pays to be an AI Company

Tomasz Tunguz

Forward ARR Multiple As of Type 25th 50th 75th percentile 2025-01-31 Software 3.1 2025-01-31 AI 8.3 AI software reinvents workflows in ways that could enable market share shift from incumbents, in a way that hasn’t been possible since the beginning of the cloud era.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. billion by 2025. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain.

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India’s central bank cracks down on fintech startups

TechCrunch

Fintech startups are convinced that banks have lobbied the RBI to reach this decision, employing the age-old tactic where incumbents cry foul and rely on the regulator to rescue the day. Some banks have been employing the same strategy for like a decade!” ” the founder added.

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South Africa’s Mobiz nabs $4M to expand personalized SMS marketing into the US

TechCrunch

“So we came to enable businesses to deliver personalized digital content via a personal landing page that can be built easily within the Mobiz platform and deliver on the SMS channel.” from 2019 to 2025, according to a report by Grandview Research. That’s our thesis and we are very hopeful that we will work out.”