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Startups joining SK Telecom’s accelerator include AI-driven mapping and vision for delivery robots

Startups joining SK Telecom’s accelerator include AI-driven mapping and vision for delivery robots We don’t often cover telecom technology startups, but it’s periodically worth checking in to see what’s happening in that space. We can get a good indication from the latest cohort to emerge from an accelerator associated with South Korea’s […]

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Working to understand Affirm’s reported IPO pricing hopes

Working to understand Affirm’s reported IPO pricing hopes News broke last night that Affirm, a well-known fintech unicorn, could approach the public markets at a valuation of $5 to $10 billion. The Wall Street Journal, which broke the news, said that Affirm could begin trading this year and that its IPO options […]

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Despite Tesla-led hype, private investment in EV startups appears steady

Despite Tesla-led hype, private investment in EV startups appears steady Earlier today, news broke that Xpeng, a China-based electric vehicle company has raised $500 million, adding to its 2019-era $400 million Series C. The round, a Series C+ investment, brings the company’s capital raised to date to around $2.2 billion. Xpeng’s huge […]

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Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm

Halal fintech startup Wahed closes M led by Saudi Aramco’s investment arm New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known […]

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Extra Crunch members save money with Partner Perks and event discounts

Extra Crunch members save money with Partner Perks and event discounts Last fall we launched a series of new benefits for annual and 2-year Extra Crunch members called Partner Perks. The idea with the Partner Perks program was to find products or services that could benefit our readers, and then collaborate with […]

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Tracking China’s astounding venture capital slowdown

Tracking China’s astounding venture capital slowdown Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Heading into the new year, it wasn’t known that the coronavirus, known as COVD-19, would shutter much of China, slowing its industrial output, its services industry […]

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TLcom Capital closes $71M Africa fund with plans to back 12 startups

TLcom Capital closes M Africa fund with plans to back 12 startups VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group —  with offices in London, Lagos, and Nairobi — is looking […]

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What’s the right pace for raising capital?

What’s the right pace for raising capital? Shin Kim Contributor Share on Twitter Shin Kim is working on a new SaaS startup and is also chief of staff to entrepreneur Elad Gil . Previously, Shin was at Oak Hill Capital and J.P. Morgan and earned a Master’s in EECS (data science) from […]

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Do more startups die of indigestion or starvation?

Do more startups die of indigestion or starvation? Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today, we’re weighing a standard bit of startup wisdom that recently reemerged against some surprising, contrasting evidence. Does too much money hurt a startup […]

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Virtual product placement is coming for TV and movies and Ryff has raised cash to put it there

Virtual product placement is coming for TV and movies and Ryff has raised cash to put it there In a world where ad rates are declining for traditional broadcast media, the corporations responsible for making the fictions that millions devour daily need to find a new business model. Subscription services are on […]

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