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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Through a joint announcement, the entities unveiled their intention to combine conventional bank credit with venture capital investment, all while ensuring minimal equity dilution for shareholders. This initiative will primarily focus on startups in the series B and series C funding stages.

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

Austin’s venture capital scene has been hot for years now, but a pair of local investment firms just closed on new funds aimed at injecting more capital into startups in Austin and elsewhere. 6 VCs talk the future of Austin’s exploding startup ecosystem. Keri Findley, founder of Tacora.

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Spain’s ten-year plan to put startups in the economic driving seat

TechCrunch

Spain is preparing to push forward with pro-startup legislation, having recently unveiled a big and bold transformation plan with the headline goal, by 2030, of turning the country into ‘Spain Entrepreneurial Nation’, as the slightly clumsy English translation has it. So that’s our job.” France and Germany. .

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Tiger Global backs SaaS omnichannel social commerce platform SleekFlow in $8M funding

TechCrunch

Transcend Capital and AEF Greater Bay Area Fund, managed by Gobi Partners GBA, also participated in the round. The Hong Kong-headquartered startup will use the fresh capital for its market penetration into Southeast Asia, specifically Singapore and Malaysia, as well as the U.K. trillion by 2030.

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TechCrunch+ roundup: 2022 stock options report, pivot to SaaS, crypto investor survey

TechCrunch

. “For people working at those startups, that means some (in some cases, all) of their employee stock options spent 2022 underwater,” writes Secfi CEO Frederik Mijnhardt. Here’s some candid advice for late-stage startup workers: Full TechCrunch+ articles are only available to members. That’s no hot take.

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