Tue.Nov 28, 2023

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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. At first, we primarily played an advocacy and convening role, working with policymakers and administrations , organizing bus tours, and telling the stories of the entrepreneurs we met along the way.

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Candex lands $45M infusion to grow its procurement management business

TechCrunch

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred. The tranche brings Candex’s total […] © 2023 TechCrunch.

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Diverse-owned American Midsize Businesses is focus of JPMorgan Chase and Next Street Report

American Entrepreneurship

Research indicates a gap of $1.3 trillion exists, presenting an opportunity for overall economy With the United States experiencing a major demographic shift over the coming decades, the business community has a reason to focus on diversity, both on the consumer and provider sides. Recognizing the transformation that is underway, JPMorgan Chase and Next Street conducted a study titled, The Middle Matters: Exploring th e Diverse Middle Market Business Landscape , reporting about midsize businesse

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PanTa-G Bus in Pangyo Techno Valley Hits Remarkable 12,000 Passenger Milestone

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Pangyo Techno Valley , located in Seongnam City, Gyeonggi Province, has surpassed the 10,000 passenger mark in just four months since the launch of the autonomous public transportation service, ‘ PanTa-G Bus ,’ equipped with autonomous driving technology.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Webull leaps into Mexico with acquisition of stock trading app Flink

TechCrunch

Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China roots, it is based in the United States and rivals Robinhood in the country as a low-commission online trading platform that also offers cash […] © 2023 TechCrunch.

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Survive the Term Sheet Negotiation and Investor Due Diligence Part 1

Gust

The principal roles of the lead investor was to negotiate the terms of an investment with the founder of the startup. In theory, the terms could be “here’s a million dollars to use; if the company becomes a big success, please give it back to us.” Unfortunately, that’s not the way it works. When a corporation is established, its ownership is divided into pieces called shares of common stock.

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Pangyo Biotech Startups Enjoy Green Light for Global Expansion in New Drug Development

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register On November 24th, the Ministry of Health and Welfare announced plans to invest over KRW 250 billion in the field of biotech health through K-Bio and Vaccine Funds, managed by Yuanta Investment, Premier Partners, InterVest, and Korea Investment Partners, starting in 2024.

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Survive the Term Sheet Negotiation and Investor Due Diligence Part 2

Gust

Over the past 20 years, the typical structure for seed/angel deals has shifted from common stock (in the mid-1990s) to convertible notes (late 1990s through early 2000s) to full Series A convertible preferred (mid-2000s) to convertible notes with a cap (late 2000s) to Series Seed convertible preferred or similar (present). This shows the increasing sophistication of investors and founders, the increasing experience and publicity surrounding the advantages/disadvantages of various options, and th

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Inflow: Vietnamese Startup Revolutionizes Fashion Industry with $2M Funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Inflow, a Vietnamese fashion supply chain platform, aims to further revolutionize the country’s textile and garment industry. The startup company recently received $2 million in seed funding, aiming to further assist Vietnamese small fashion brands bring their designs to life.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Augment provides an MBA-like program, but exclusively online

TechCrunch

French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been working on highly polished online courses sold as a package. Augment thinks its main program could potentially become an alternative to traditional […] © 2023 TechCrunch.

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Indonesian Startup Company JALA Tech Receives Massive $16 Million Funding for Service Improvement

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register JALA Tech, a leading Indonesian startup company, has succesfully secured massive funding from multiple investors. Recent updates indicate that JALA Tech plans to use this new funding to enhance its aquatech technology, focusing on shrimp cultivation.

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Prosus slashes valuation of India’s Byju’s below $3 billion

TechCrunch

Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit just early last year. Byju’s is facing many “challenges” and Prosus and other backers are working alongside to aid the Bengaluru-headquartered startup’s recovery, Prosus interim chief […] © 2023 TechCrunch.

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My First 16: Welding Yourself to Early Customers with Marqeta’s Jason Gardner

Andreessen Horowitz

About My First 16 Our new video podcast series My First 16 features interviews with founders and CEOs of fintech companies about how they acquired their initial customers and the hard lessons they learned along the way. Subscribe to the a16z channel on YouTube and follow this show on our podcast feed so you don't miss an episode. In this episode, a16z partner Seema Amble talks with the founder and current executive chairman of Marqeta Jason Gardner about what it means to be welded to your

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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The TechCrunch+ 2023 Holiday Gift Guide

TechCrunch

Getting a TechCrunch+ membership for yourself, or gifting one to coworkers and founders, has never been easier with our holiday discount.

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NJEDA Opens the NJ Capital Access Fund

American Entrepreneurship

Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. (November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The fund will leverage Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to offer a working capital loan product that will better serve New Jersey-based small businesses.

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NXTP closes largest fund with $98M for early-stage B2B founders in Latin America

TechCrunch

NXTP Fund III represents over a 2x increase from the size of its previous fund, enabling the firm to invest in between 25 and 30 companies this time around. © 2023 TechCrunch. All rights reserved. For personal use only.

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[Connected Energy in Smart Infrastructure Magazine] Battery and solar is a winning combination for education centre

OurCrowd

The post [Connected Energy in Smart Infrastructure Magazine] Battery and solar is a winning combination for education centre appeared first on OurCrowd Blog.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Amazon unveils Q, an AI-powered chatbot for businesses

TechCrunch

Amazon is launching an AI-powered chatbot for AWS customers called Q. Unveiled during a keynote at Amazon’s re:Invent conference in Las Vegas this morning, Q — starting at $20 per user per year — can answer questions like “how do I build a web application using AWS?” Trained on 17 years’ worth of AWS knowledge, […] © 2023 TechCrunch.

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Managing Data as Product : Office Hours with Philip Zelitchenko

Tomasz Tunguz

On December 14th at 9.30 am Pacific, Office Hours will host Philip Zelitchenko , VP of Data at ZoomInfo to discuss Managing Data as Product. Recently, Philip shared his management techniques to run a data team like a standard product software development function with some key nuances. I asked him to join us on Office Hours to share his perspective because we believe data and software engineering practices converge.

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Here’s everything Amazon Web Services announced at AWS re:Invent

TechCrunch

We will deliver quick hits of the biggest news from AWS re:Invent as they are announced. © 2023 TechCrunch. All rights reserved. For personal use only.

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How to Build an AI-Native Health Plan with Mario Schlosser

Andreessen Horowitz

Mario Schlosser, cofounder, former CEO, and current President of Technology at Oscar Health, joins Julie Yoo of Bio + Health. The conversation explores how AI advancements can revolutionize traditional healthcare models by enhancing efficiency, personalizing care journeys, and integrating real-time data insights. Mario also discusses “benefit-less” benefit designs, where healthcare plans learn from and adapt to individual consumer patterns, at least theoretically leading to the holy

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Pika, which is building AI tools to generate and edit videos, raises $55M

TechCrunch

The generative AI hype hasn’t died down yet. Case in point, Pika, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round led by Lightspeed Venture Partners with participation from Homebrew, Conviction Capital, SV Angel, Ben’s Bites and […] © 2023 TechCrunch.

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Financial Freedom, Company Building, More with David Marcus

Andreessen Horowitz

This wide-ranging conversation covers company building, big to small — including what cadence and when is the right “time” to ship; the relationship between centralization, decentralization, platforms, and financial freedom; moving from web2 to web3 in both crypto AND payments… as well as why bitcoin, views on remote work, and much much more.

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Vimcal raises $4.5 million to expand its team offerings

TechCrunch

Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Outlook integration last year. Li told TechCrunch that Vimcal has improved its Outlook integration with fewer bugs. Since last year, Vimcal […] © 2023 TechCrunch.

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Snow Angels Come Early to Data : Snowflake's Strength Spells Success for Startups

Tomasz Tunguz

Snowflake announced earnings yesterday, echoing the strength within software companies more broadly & underscoring the shift in enterprise buyer behavior to normal after three quarters of extensive cost cuts. “Q3 product revenue grew 34% year-over-year to reach $698 million. Non-GAAP adjusted free cash flow was $111 million, representing 7% year-over-year growth.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.