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YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. Due to the pandemic, Akinin’s construction company embarked on a COVID relief program to donate food supplies in Namibia. Then, he stumbled on the country’s B2B e-commerce retail opportunity. “We

Retail 354
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Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

TechCrunch

Today, Bosch announced that it would be acquiring Five.ai , the autonomous driving startup that started with big ambitions to build and operate its own fleet of robotaxis but ultimately pivoted to focusing on technology development as a B2B play. ” It will be picking up not just IP from Five, but also some 140 employees in the U.K.

B2B 246
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Daily Crunch: App Store reviews and social media depict user backlash against Snapchat’s new AI chatbot

TechCrunch

Sarah writes that the social media giant is seeing a spike in one-star reviews, which include calling for its removal. In essence, Auto-GPT uses the versatility of OpenAI’s latest AI models to interact with software and services online, allowing it to “autonomously” perform tasks like X and Y. You can sign up here. Big Tech Inc.

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Pear hosted its invite-only demo day online this year; here’s what you might have missed

TechCrunch

AccessBell is aiming to provide the scalability and reliability of Zoom, as well as the customizability and integrations of Twilio, in a low code integration and no code extensible customization platform. The pitch: Fully 40% of employees across Latin America have missed work in the past 12 months due to financial problems.

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Convoy raises $260M Series E to expand digital freight network products

TechCrunch

Startups that use machine learning software to automate dispatch for carriers and create more efficient and lucrative routes have seen new waves of funding in recent months as e-commerce continues to pick up globally. Rowe Price that brings Convoy’s valuation up to $3.8 Convoy also secured a new $150 million line of credit from J.P.

Network 240
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Stilt secures $114M in debt & equity to help fintechs and neobanks launch credit offerings with its API

TechCrunch

Stilt , which started its life as a provider of financial services for immigrants, has raised $14 million in Series A funding led by Link Ventures as it expands its focus to include a B2B offering. A pilot program has been in place with several startup customers. It also can provide them with debt capital of up to $1 million.

Fintech 216
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Y Combinator widens its bet in edtech in latest batch

TechCrunch

In its latest batch, the famed accelerator had its highest number of edtech startups yet: 14 companies from around the world, working on everything from teacher monetization to homework apps to ways to train software engineers in an affordable fashion. The future is consumer over B2B. Poliglota: A language school for Latin America.

Education 271