TechCrunch

DECEMBER 15, 2022

The NASDAQ Biotechnology Index peaked in 2021. Boston Consulting Group (BCG) partner Chris Meier reported in the March 22 Issue of Nature Reviews Drug Discovery that 24 “AI native” drug discovery companies have a combined 160 disclosed discovery programs. How has due diligence in this space changed in 2022? Definitely.

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TechCrunch

MAY 26, 2022

One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. More than 60% of adults in sub-Saharan Africa are unbanked, according to World Bank estimates for 2021.

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Blockchain Banking Systems Review Technical Review 336

TechCrunch

MARCH 19, 2021

Logi Analytics’ 2021 State of Analytics: Why Users Demand Better survey showed that knowledge workers spend more than five hours a day in analytics, and more than 99% consider analytics very to extremely valuable when making critical decisions. Because BI has failed businesses.

Business Intelligence 342

Business Intelligence Tools Analytics Software Review 342

TechCrunch

SEPTEMBER 24, 2021

Normally, I would use this space to spotlight an article we published in the last few days, but our content management system runneth over. As you review the summaries below, please note that there’s a video at the bottom of every Disrupt story that includes the panel and interview. Full coverage of TechCrunch Disrupt 2021.

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Fintech Insurance Windows Technical Review 216

TechCrunch

NOVEMBER 17, 2022

According to a September 2021 survey from Bankrate.com, 42% of U.S. As Joshaghani explained to me, Symend works with a company’s existing systems to “optimize engagement” with customers falling behind on bills due to illness, job loss, family trouble and other foreseen and unforeseen circumstances.

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TechCrunch

SEPTEMBER 30, 2022

Insurtech companies have been among the biggest victims of the public market selloff, especially those that went public in 2021. Late-stage insurtech funding is now a lot more variable – everyone won’t get a trophy, as they did in 2021. Deals are taking longer in 2022 because investors are doing more thoughtful due diligence.

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Technical Review Development Team Review Systems Review Insurance 230

CIO

AUGUST 5, 2022

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. According to the Africa Funding Startup 2021 report, Nigerian fintech has brought in more than half of the US$4.6 Securing customer data.

Banking 179

Banking Systems Review System Data 179

TechCrunch

MARCH 7, 2022

But here’s the challenge: While both systems tend to work well when users make transactions within their unique environment, there’s no interoperability for transactions between them. Dash claimed to process over $300 million in TPV in January, up 300% monthly from Q4 2021. African tech took center stage in 2021.

Fintech 363

Fintech Banking Mobile Travel 363

TechCrunch

DECEMBER 28, 2021

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” A comprehensive report from Golden Gate Ventures also forecasted a record number of exits , due in part to an increase in B and C rounds. Both countries produced a fair amount of unicorns in 2021.

Technical Review 306

Technical Review Fintech Social Software Review 306

TechCrunch

APRIL 11, 2022

Over the last decade, our lives have changed exponentially due to the easy access to information via social media platforms, and the COVID-19 pandemic only added a feeling of perpetual uncertainty. It’s a 100% reactionary system. And in healthcare, of course, your customer is the patient.”. Image Credits: Kindbody. “It’s

Healthcare 208

Healthcare B2C Media Systems Review 208

TechCrunch

JANUARY 15, 2023

It achieved unicorn status in August 2021 and at the time was eyeing an IPO. Level was founded by Vladimir Korshin, Asa Schachar and Molly Hogan in 2021.” In September 2021, I covered Vouch’s announcement of $90 million in new funding. What happened to due diligence here???

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Fintech Technical Review Software Review Systems Review 294

TechCrunch

MARCH 28, 2022

When he sold Brazilian online real estate marketplace VivaReal for $550 million several years ago, he had to pay more than $100 million in capital gains taxes due to incorporation errors made early on. Dozens of companies are using that software today, and Latitud’s goal is to make it the system of record for every VC-backed company in LatAm.

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TechCrunch

MARCH 9, 2022

More than 380 funding deals were made into Austin startups in 2021 , amounting to $4.9 Brian Smith was an early believer in the city, founding S3 Ventures with a $20 million first fund after a career as an electrical engineer at companies like IBM before starting his own company, Crossroads Systems. Keri Findley, founder of Tacora.

Technical Review 232

Technical Review Real Estate Systems Review Fintech 232

TechCrunch

JUNE 6, 2022

It’s Cobbe’s assertion that companies give out too much access to systems. To his point, a 2021 survey by cloud infrastructure security startup Ermetic found that enterprises with over 20,000 employees experienced at least 38% cloud data breaches due to unauthorised access. Image Credits: Opal.

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Systems Review Software Review AWS Compliance 203

TechCrunch

MARCH 27, 2023

One of them was Orca AI which was developing a collision-avoidance system for ships, and it was this company from a sea of samey startups that Playfair ended up investing in — both in its 2019 pre-seed funding round, and its follow-on Series A round two years later. “That’s where we like to look,” Smith said.

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TechCrunch

NOVEMBER 17, 2021

Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. And this is certainly due to the consumer and merchant education that we had to go through over the past seven years as it was quite an innovative solution that no one was really familiar with before.”.

Banking 269

Banking Development Team Review Systems Review Fintech 269

CIO

SEPTEMBER 26, 2024

The retail landscape has undergone massive shifts in recent years to adopt self-checkout systems. Brands and retailers have been working diligently to create and roll-out standardized 2D barcodes on product packaging that’ll work seamlessly at check-out registers. But is this the beginning of the end for self-checkouts?

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Retail Technical Review Systems Review Software Review 197

TechCrunch

DECEMBER 15, 2022

A 2021 survey from CRM software vendor SugarCRM found that 50% of companies don’t know how to access customer data across their marketing, sales and service systems, while 53% said the administrative burdens of their CRM software causes friction for their sales team. share of the CRM segment in 2021 (by one estimate ).

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TechCrunch

AUGUST 19, 2023

Welcome, friends, to Week in Review (WiR), TechCrunch’s regular newsletter covering the major events in tech over the past few days. Natasha, who reviewed it for TC, found it to be an improvement upon the original in several ways, including (very importantly) in the form-factor department. Not to worry.

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TechCrunch

MARCH 26, 2021

Where is the e-commerce app ecosystem headed in 2021? US e-commerce on track for its first $1 trillion year by 2022, due to lasting pandemic impacts. The company was also part of the latest class at accelerator Y Combinator, and it recently raised $1.5 million in seed funding led by SMOK Ventures and Movens VC.

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Open Source Technical Review Systems Review Software Review 266

TechCrunch

MARCH 18, 2022

On December 9, 2021, a critical zero-day vulnerability affecting Apache’s Log4j2 library, a Java-based logging utility, was disclosed to the world and broke the internet. Due to the ease of the exploit combined with the difficulty in uncovering the vulnerability within your organization, Log4Shell is the proverbial needle in a haystack.

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Study Systems Review Compliance Internet 219

TechCrunch

MARCH 1, 2022

If you’ve heard of OPT Industries (and odds are you haven’t), it’s due to the MIT spinoff’s roll in printing a novel nasal swab. InstaSwab got some good ink in the design world due to its complex geometrical build constructed from ultra-thin polymer fibers measuring less than the width of a human hair.

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3D Systems Review Technical Review Automotive 218

TechCrunch

NOVEMBER 17, 2021

Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll. . The company last raised $5 million in seed funding in early 2021, and the Series A brings its total amount raised to $20 million. Cohen added that the average operating margin for most major health systems in the U.S.

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TechCrunch

DECEMBER 3, 2020

Karakuri’s robotic system has been initially designed to make breakfast bowls. The post-COVID world is also highly likely to embrace this technology due to the robot’s inherent cleanliness and efficiency, compared to human-made food. It’s also revealing an $8.4 million (£6.3 s government-backed Future Fund. million in funding.

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TechCrunch

JANUARY 5, 2021

It comes off the back of a 300% increase in revenue in 2020, with investors told to expect revenue to nearly triple again in 2021 based on the company’s booked pipeline. The round is led by Coatue and Tiger Global, and values 2015-founded Hinge at $3 billion post-money, people familiar with the investment tell me.

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TechCrunch

MAY 22, 2022

Not gonna lie, there was a similar vibe in 2021, where companies with no revenue, no customers and in some cases, no revenue model even, were landing millions of dollars in funding. billion before that deal fell apart in early 2021 due to regulatory concerns. Here we are today. Recall that Visa almost bought Plaid for $5.3

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Real Estate Technical Review Fintech Systems Review 232

TechCrunch

APRIL 12, 2022

From what we understand, if required due to sanctions, Bosch would put funds into a holding account if needed. A year and a bit ago we thought we would probably build the entire thing and take it to market as a whole system,” co-founder and CEO Stan Boland told me back in 2020. That was a hard truth for Five, too. “A

B2B 246

B2B Technical Review Software Review Automotive 246

TechCrunch

AUGUST 20, 2021

After watching them (Rutter) for a few years, it’s clear what they built is powerful: it’s the central nervous system of online commerce,” Xuezhao added. Where is the e-commerce app ecosystem headed in 2021? She added it reminded her of another team that successfully built a business from zero to over $7 billion.

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LAN Technical Review Software Review Systems Review 262

TechCrunch

DECEMBER 1, 2021

PeopleFund also will beef up its machine learning-powered credit scoring system, which is one of its key differentiators, that provides a quantitative scoring model (for credit valuation), a qualitative scoring model and a demand forecasting model (for near-primer borrowers). The FSC said it will continue to review other applicants.

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Banking Technical Review Systems Review Artificial Inteligence 245

TechCrunch

JULY 1, 2021

Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch. Tens of millions of containers are imported and exported from Latin America each year, and nearly half of them are either delayed or lost due to mismanagement. 2020 was a good year for Nowports, which saw its revenue climb by 605% compared to 2019. It’s a big opportunity.

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Industry Technical Review Systems Review Software Review 249

TechCrunch

MARCH 30, 2022

If teams don’t do their due diligence, they risk omitting from design documents important mechanical equipment, like exhaust fans and valves, for example, or failing to size electrical circuits appropriately for loads. billion in 2021. ” BeamUP’s building portfolio dashboard for mobile.

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Technical Review Real Estate Construction Software Review 237

TechCrunch

JULY 16, 2021

Vohra articulated a system that other entrepreneurs should be able to apply to their own businesses, regardless of area or focus. “The country’s venture capital haul thus far in 2021 has nearly matched its 2020 total and is on pace for a record year,” they write. Khosla’s Adina Tecklu breaks down how to nail your pitch.

Technical Review 249

Technical Review Windows Development Team Review Software Review 249

TechCrunch

OCTOBER 4, 2022

For Roger Lee , the issue came up repeatedly when he co-founded 401(k) provider Human Interest, which achieved unicorn status in August of 2021 and today has nearly 700 employees. So in October of 2021, he teamed up with his former Harvard roommate Teddy Sherrill to start Comprehensive in an effort to tackle the problem.

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TechCrunch

JANUARY 3, 2022

Bitcoin is a reasonably decentralized system. Dorsey thinks that web3 is, in fact, centralized due to ownership — control — accruing in the hands of external investors, a16z among them. — jack (@jack) December 21, 2021. The VCs and their LPs do. It will never escape their incentives.

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Blockchain Technical Review Systems Review Fintech 49

TechCrunch

JULY 18, 2022

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .

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TechCrunch

JULY 12, 2022

According to a 2021 survey (albeit from an edge computing services vendor), 77% of companies said that they expect to see more spending for edge projects in 2022. “It was clear from our diligence that Scale Computing’s customers benefit from material cost savings as well as increased confidence in their IT infrastructure.”

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Disaster Recovery Infrastructure Company Development Team Review 215

TechCrunch

FEBRUARY 14, 2023

Portlogics , a South Korean digital freight forwarder that offers a robotic process automation-based forwarding management system, wants to help merchants track international shipping logistics and get status updates on shipments, digitizing the process with its software tool. billion in 2030 , up from $2.92

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