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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. Private market valuations, at any point in time, are not only a reflection of a team’s hard work and progress, but are also impacted by the financing environment.

Fintech 275
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How African startups raised investments in 2020

TechCrunch

But with the pandemic bringing in utter confusion and panic, companies downsized as investors re-strategized, and due diligence slowed during the first few months of the year. This can be attributed to an increase in seed rounds (up 88% from 2019) and bridge rounds due to shortage of cash amidst a pandemic-induced lockdown.

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A timeline for startup M&A processes: Key steps and factors to consider

TechCrunch

I am grateful and fortunate that I could solicit input on this article from several people, including Theresia Gouw and Mark Kraynak; a few of my partners at Acrew; Ed Zimmerman and Meredith Beuchaw from the law firm Lowenstein; Shan Aggarwal, VP of corporate development, Coinbase; and Art Levy, chief strategy officer at Brex.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

We definitely noticed deals were happening slower,” said Karima El Hakim, country director of Plug and Play Egypt. “A A round that would’ve closed in one or two months in 2021 took three or four months in 2022 [ … ] We have definitely seen valuations tighten, and a lot of startups have pivoted into less cash-intensive business models.”

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

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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Location data analytics startup Placer.ai raises $50M Series B

TechCrunch

But the foot traffic and location analytics startup saw growth in new categories, including consumer packaged goods (CPG) and hedge funds that use its tech to perform due diligence. The new capital will be used on research and development and expanding Placer.ai’s sales and marketing teams.

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Orca Security raises $210M Series C at a unicorn valuation

TechCrunch

The promise of Orca Security is that it can not only cover a company’s entire range of cloud assets but that it is also able to help security teams prioritize the risks they need to focus on. Definitely, they’ve done their own very deep due diligence as part of that.”