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Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever

TechCrunch

One company working to serve that need, Socure — which uses AI and machine learning to verify identities — announced Tuesday that it has raised $100 million in a Series D funding round at a $1.3 billion valuation. Given how much of our lives have shifted online, it’s no surprise that the U.S. Which neobanks will rise or fall?

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Motosumo scores $6M to spin up a challenge to Peloton

TechCrunch

The new funding will go on doubling its network of spin class instructors across Europe, North America, Asia and Australia, expanding its tech team and upping its marketing. “We’ve recently made the move to our B2C offering (Motosumo),” CEO Kresten Juel Jensen tells TechCrunch.

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Krisp nearly triples fundraise with $9M expansion after blockbuster 2020

TechCrunch

Krisp , a startup that uses machine learning to remove background noise from audio in real time, has raised $9M as an extension of its $5M A round announced last summer. The extra money followed big traction in 2020 for the Armenian company, which grew its customers and revenue by more than an order of magnitude. Image Credits: Krisp.

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Business Canvas, a Korea-based document management SaaS company, closes $2.5M seed round

TechCrunch

Through a network that intelligently tracks and organizes files based on the user’s interactions, Typed brings together knowledge from different websites and applications into one simple-to-use and quick-to-learn digital workspace. These are primarily B2C users,” Kim told TechCrunch. “As Mozilla pockets Pocket in first acquisition.

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Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round

TechCrunch

For example, for cultivation financing products, TaniFund tailors each credit scoring based on agriculture risks and market risk of each commodity, on top of the typical borrower E-KYC scoring and process,” he explained. TaniFund aims to further boost its credit scoring system with smarter data processing and better machine learning models.”.

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Nigeria’s Indicina raises $3M to help businesses offer credit to their customers at scale

TechCrunch

Africa’s credit bureau systems are due a revamp to tackle these issues, but since it’s a hard ask, infrastructural platforms that provide credit underwriting processes are positioning themselves as options in the market. The company will launch a B2C offering in the coming weeks to diversify offerings and revenue streams.

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Cadeera is doing AI visual search for home décor

TechCrunch

Founder and CEO Sebastian Spiegler, an early (former) SwiftKey employee with a PhD in machine learning and natural language processing, walked TechCrunch through a demo of the current prototype. “The reason why I want to start with interior design/home décor and furniture is that it’s a clearly underserved market.

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