Daily Crunch: In an all-cash transaction, private equity firm buys insurtech startup Duck Creek for $2.6B
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Welcome to the beginning of the week. My thumb got smashed in my standup waffle iron while I was cleaning it this morning, so it can only get better from there, r
A flat year for crowdfunding isn’t a bad sign at all for early-stage startups
The 2022 equity crowdfunding market was unable to top 2021’s record-setting year. But despite seeing lower investment volume, it fared quite a lot better than venture capital did in the same time frame. Founders looking to raise extension or bridge financing should take note.
Back in July, it
Anthropic’s Claude improves on ChatGPT but still suffers from limitations
Anthropic, the startup co-founded by ex-OpenAI employees that’s raised over $700 million in funding to date, has developed an AI system similar to OpenAI’s ChatGPT that appears to improve upon the original in key ways.
Called Claude, Anthropic’s system is accessible through a Slac
These 5 companies bootstrapped their way to big businesses while VCs came knocking
It may come as a surprise to some, but not every startup is clamoring to raise venture capital.
The reasons some founders shun the process of raising institutional funding vary based on individual circumstances. There are founders who don't like the idea of giving up equity. Others don’t
Microsoft acquires Fungible, a maker of data processing units, to bolster Azure
In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. Today, Microsoft confirmed the acquisition but not the purchase price, saying that it plans to use Fungible’
Backed by the National Institute on Aging, the a2 Pilot Awards fosters age tech entrepreneurship
There are now more Americans aged 65 and older than at any other point in history, and that number is expected to rise, according to the National Institute on Aging (NIA). With longer lifespans come challenges like Alzheimer's, which about one in nine Americans aged 65 or older have.
The a2 Pil
Attention uses natural language processing to help sales reps sell faster
Updating CRMs after each call is an important task for sales representatives, but it means a lot of administrative work that takes time away from actually selling. Attention wants to fix that with its sales assistant, which uses AI tech and natural language processing to automatically fill in CRMs
5 cloud trends to track in 2023
In many ways, 2022 was a year of growth for the cloud technology space. Unpredictable macroeconomic developments saw many organizations thinking about and preparing for greater wins in the years to come instead of right away.
In 2023, much of this preparation could come to fruition as the growth ac
FLIK's unified checkout solution gives sellers in Southeast Asia more control over data
E-commerce in Southeast Asia is very fragmented, with consumers having their choice of marketplaces, e-commerce sites and social commerce. Many prefer to buy from large marketplaces, says FLIK co-founder Ahmad Gadi, because those platforms offer promotions and cash-back deals. But for direct-to-con
How can fintech startups outlast the VC winter?
The decade-long summer of free money is over. Venture funding declined by $90 billion (53%) in the third quarter of 2022 from a year earlier and fell $40 billion (33%) compared to the second quarter, per Crunchbase data. That makes Q3 2022 the slowest quarter for VC funding since the start of the p
Does everyone want to be a landlord, or what?
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the pr
Sony and Honda unveil Afeela, Bird Buddy launches a new smart feeder, and Amazon secures an $8B loan
Hey, folks, it’s Kyle, filling in for Greg, who’s out for the next few weeks on parental leave. While he enjoys time with his beautiful, healthy newborn (what better gift for the holidays, eh?), I’m learning the ropes of Week in Review to make sure y’all stay up to date with
Labor trends in 2023: Over-employment, fatigue and hope
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elcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
If there's one thing I can rely on every new year, it is that people will debate whether r
Daily Crunch: Property management startup Doorstead raises $21.5M Series B
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We've made it to Friday! If you are looking for a good podcast episode, I highly recommend today's Equity where Natasha M, Mary Ann and Becca talk about C