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Laoshi’s $570K deck • TechCrunch
Most of them The pitch deck takedowns to date (here’s a handy list of the 30+ we’ve published so far) have been for institutional funding rounds, typically on the order of millions or tens or even hundreds of million dollars raised. These are interesting to watch, sure, but I also know that many of you…
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Foreign funding in local startups now subject to ‘angel tax’
Credit: 123RF.com Indian startups that raise capital from foreign investors such as Sequoia Capital, Softbank, Prosus, Tiger Global, Carlyle, KKR and Blackstone will now have to pay an “angel tax,” a move that could not only negatively impact the funding, but also encourage more startups to locate overseas. Announcing the Union budget on Tuesday, the…
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Mistake made Kind Snacks a billion-dollar company
This story is part CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what made them take the leap into the unknown. The first time Daniel Lubetzky accepted a major investment for Kind Snacks, he made a huge mistake. Today,…
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32 small businesses win grants from Detroit’s Motor City Match program
Detroit’s Motor City Match program announced Wednesday that it is giving cash grants to 32 other businesses in the city. Round 21 winning small businesses will receive funding from a pool of $1.3 million. There are 17 new companies that will receive grants from a pool of $965,000. The other $341,000 in cash grants will…
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10 European pregnancy startups to watch
Nearly 150 million women give birth each year worldwide, but startup founders say pregnancy-related health issues are still not taken seriously enough by potential investors. While the broader femtech market has caught the eye in recent years, just £133m of venture capital has been invested in pregnancy-related startups in Europe in 2022, compared to £210m…
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10 Harsh Lessons From 10 Years Of Entrepreneurship
A while ago, I came across a Twitter post with a list of tough writing tips. I don’t remember what the advice was, but I thought, “I could do one on entrepreneurship”. Starting a business is hard work. Fundera data indicates that 70% of small businesses fail their 10th year. When I started my first…
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InstaDeep’s acquisition is a classic case of an African startup gone global • TechCrunch
In January, Germany The biggest vaccine maker, BioNTech, has announced that it has agreed to acquire InstaDeep, a Tunisian-born, London-based AI start-up, for up to £562 million, including a performance-linked tranche investment of £200m. InstaDeep’s deal – subject to regulatory approval and expected to close in the first half of this year – is quite…
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“I want others to see women in the room and think they might want to have a female co
Almog Zoosman-Lehman’s job as Head of Community and Partnerships at Amiti Ventures is all about connecting people. “My role at Amiti is to make sure our values are expressed, in addition to making sure the founders know about us, of course. Also, through community management, I have the power to seek out more women founders.”…
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12 African startups selected for ARM Labs Lagos Techstars cohort 1
Following its launch in April 2021, ARM Labs Techstars Lagos Accelerator admitted 12 African startups for the pioneering batch of the three-month program focused on early-stage fintech and proptech startups based in Africa. The inaugural cohort is made up of 10 Nigerian startups and two Kenyan startups, with 50% female CEOs. “It’s a decision of…
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Passthrough raises $10M to simplify the process of investor onboarding • TechCrunch
Tim Flannery, Alex Laplante and Ben Doran were working together on the Investor Services team at Carta when they realized that onboarding funds to invest in startups was a nerve-wracking process (no pun intended). It involved manually creating subscription agreements — agreements that investors complete to invest in a fund — by gathering unstructured data…
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“Sri Lanka: From Troubled Nation to Startup Nation” New initiative launched
Award-winning startup ecosystem builder Hatch has entered into a strategic partnership with Draper Startup House, a global network of resource-connected spaces for entrepreneurs. Hatch shares a vision with Draper Startup House for Sri Lanka and has joined the team in supporting Hatch’s “Sri Lanka: From Troubled Nation to Startup Nation” initiative which seeks to change…
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Budget 2023: Agriculture accelerator fund to increase productivity
To support agro startups, Nirmala Sitharaman announced the Agriculture Acceleration Fund. It will attempt to implement cost-effective solutions to problems faced by farmers by introducing contemporary technologies and increasing production. Managing Director of Utkarsh Sinha, Bexley advisors, a boutique investment bank, said: “The government’s fund-of-funds (FoF) strategy has already proven itself with SIDBI’s flagship fund,…
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Unleash small businesses to get growth going
“Aiming for growth” is not just a political phrase, but a vital conservative economic strategy, and this fundamental philosophy cannot be lost in the fray of everyday politics. Over the past few months, tough decisions have been made to stabilize our economic trajectory and reassure the markets, but it is imperative that the Conservatives remember…
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No career at all | Philstar.com
During lockdown, our online sales skyrocketed because the only way people can buy products is to order online. Many young people have embarked on entrepreneurial projects. It was the era of baked sushi, gourmet cookies, burnt cheesecakes, and restaurant chefs preparing meals and delivering them to homes. Many quit their jobs and realized that their…
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Britain’s best start-ups are being poached
The IMF is tipping the UK into recession, inflation is still high and there is a palpable sense of gloom over the UK’s economic outlook. Despite this, one bright spot stands out: the UK’s growth as a hub for start-ups and entrepreneurship. The amount invested in UK start-ups has grown exponentially over the past decade,…
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Stripe responds to report that it seeks to raise $2B with a terse ‘no comment’ • TechCrunch
For a preview of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 PM PST, subscribe here. Well, it’s Friday again. And as the Equity module team noted today, “You could be wasted without even knowing it.” — Christina and haje TechCrunch’s top 3 The search for more…
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Agritech startup Greenikk is building a digital ecosystem for banana farmers
College friends Fariq Naushad and Previn Jacob Varghese have always been inclined towards entrepreneurship. While in college, they started a company called Invento Technology Solutions that developed a platform for housewives to sell food online. Later, in 2016, they launched a software solutions company called Teczium Solutions in Rwanda. While the company managed to close…
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Better Than 2021? Venture Funding Thrived Like Never Before In These 3 States
Last year couldn’t surpass the banner year that venture capital had in 2021 – at least in most geographies. While the holy trinity of venture capital funding – California, New York and Massachusetts — saw massive declines (we’ll get to that tomorrow), some states actually made significant gains last year, according to data from Crunchbase.…
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France plans to use the startup downturn to come out on top in Europe
Only one major startup ecosystem in Europe saw startups increase Following silver in 2022 than in 2021 — France. And the French government wants things to stay that way. For the past few months, the government and its startup agency La French Tech Mission have launched programs to promote agritech, healthtech and climate tech startups.…
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Forbes ’30 under 30′ entrepreneurs raise $3M for remote work productivity startup backed by Meta – GeekWire
LifeAt Spaces employees, left to right: Devin Ajimine, Ashika Mulagada, Pouya Rad and Marisa Chentakul. (Photo LifeAt Spaces) After more than a year of working remotely, Devin Ajimine and his friends couldn’t find a productivity tool that would help them stay focused. So they decided to build one themselves in a weekend. “We threw it…