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As startups whip up a restaurant tech frenzy, is anyone close to Toast?

TechCrunch

Technology innovation often comes in waves, but the restaurant industry saw its surf get bigger and stronger due in part to the pandemic. The company, founded in 2011, went public in late 2021 in an IPO that valued it at around $18 billion. As startups whip up a restaurant tech frenzy, is anyone close to Toast?

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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

The average cost of shipping a standard large container reached $10,000 in 2021 , but from 2015 to 2020, the number largely trended below $2,000. The spike in cost was in part due to an increase in global consumption, ports shut down by COVID-19 and supply chain disruptions during the outbreak, the founder explained.

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Nerdy, a tutoring marketplace startup, is going public via SPAC

TechCrunch

Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded SPAC since 2015. TechCrunch reviewed the Nerdy-SPAC investor presentation, which can be read here. That growth rate is slower than what it managed in 2019, some 26% growth, and is around half of what it anticipates for 2021, namely 31% growth.

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14 climate tech investors share their H1 2022 strategies

TechCrunch

Last year, round sizes for climate tech startups quadrupled, with more than 600 investments totaling over $40 billion. Nearly a third of these were pre-seed and seed, with 182 deals closing just in in Q4 2021. What is your climate tech investment thesis in H1 2022? Which technologies are you paying attention to right now?

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. We run a tech-enabled platform and have scaled 2x faster than any other African fish company. billion fish deficit.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Startups and VC The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. Brian explores in What we expect from MWC 2021. Big Tech Inc. You can sign up here. Lorenzo has more. Rebecca has more.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. The NASDAQ Biotechnology Index peaked in 2021. We also see AI being used in the biologics space, although the technology is used there far earlier.

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