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Sustainability data platform Worldfavor fuels up for ecosystem opportunities

TechCrunch

More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.

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TechCrunch+ roundup: Fundraising beyond the Bay Area, web3 gaming, TDD prep checklist

TechCrunch

Cities like Boulder, Detroit and Austin had emerging tech ecosystems long before the pandemic forced VCs to start taking pitches via Zoom, and social media has leveled the playing field when it comes to networking and PR. A prep checklist for startups about to undergo technical due diligence. Development process.

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

TechCrunch

Over time we’ve continuously optimized that process to ensure we are efficient in how we review deals and how soon we can give founders feedback. Firms that back a lot of startups are often criticized for not doing their due diligence and labeled lazy for using “spray and pray” tactics. Has this led to unrealistic valuations?

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

“Short term, it might be more difficult to raise at valuations we have seen before the public market adjustment, but with a strong business model and an experienced management team that understands the market and growth KPIs, it is possible,” she said. How does the insurtech landscape in emerging markets compare to developed markets?

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CIOs rise to the ESG reporting challenge

CIO

What were once theoretical goals around environmental, social, and governance issues are rapidly evolving into mandatory efforts. Birgit Fridrich, who joined Allianz as sustainability manager responsible for ESG reporting in late 2022, spends many hours validating data in the company’s Microsoft Sustainability Manager tool.

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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the 4th and King Caltrain station, followed by a tiny office and then a slightly bigger one in the Flatiron building near Market Street.

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

Achieving environmental, social, and governance (ESG) targets can increase a company’s worth beyond the feel-good. Creating value with Environmental Social and Governance A McKinsey study reveals 5 ways that ESG creates value. The objective is to increase transparency in supply chains and to bolster human rights.