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Cyber Monday scams? Fakespot says it can identify fraudulent reviews and sellers online

TechCrunch

It’s using AI to notify online shoppers when the products they’re looking to buy are fake listings or when reviews they’re reading on marketplaces like Amazon or eBay are a fiction. After he’d nabbed his master’s degree in software engineering, he launched the company in earnest. according to Shopify.).

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Alloy raises $4M to build out its e-commerce automation service

TechCrunch

After a launch on Product Hunt in 2019 offering “complex automation made easy, and with no code,” Bryant Chou, a founder at WebFlow, put money into the company. Alloy’s tech was being used by Shopify and BigCommerce customers, helping make e-commerce a fertile area for the company, its co-founders said.

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Backbone nabs $14M for supply chain software inspired by mesh networks

TechCrunch

Predicting supply chain volatility has only grown more difficult as pandemic-related shocks, including elevated ecommerce volume, impact shipping and raw materials availability. Backbone today announced that it raised $14 million in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors to prove out its technology.

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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

The API-based tool, dubbed Grow, has so far been integrated with 22 tech entities across Africa including Topship, Barter by Flutterwave, Float, Fingo and Payhippo, enabling them to either bundle their main products with insurance packages or offer insurance as a standalone service. without the outsized market of South Africa.

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Tuna raises $3M to address complexity of e-commerce payments in Latin America

TechCrunch

They eventually left Peixe Urbano and started Tuna in 2019 to make their own payment product which enables merchants to use A/B testing of credit card processors and anti-fraud providers to optimize their payments processing with one integration and a no-code interface. In the U.S.,

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Customer experience startup Clootrack raises $4M, helps brands see through their customers’ eyes

TechCrunch

Getting inside the mind of customers is a challenge as behaviors and demands shift, but Clootrack believes it has cracked the code in helping brands figure out how to do that. He had looked at one of Abdulla’s companies for investment, but had decided against it due to his firm being a Series A investor. CEO Babu Sivadasan.

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Cana Technology raises glass to new capital as it readies beverage printer for market

TechCrunch

Following nearly four years in the prototype phase, Cana Technology is unveiling what it calls the “world’s first molecular beverage printer” after securing $30 million in funding from venture foundry The Production Board. The new funding is being heavily invested into the supply chain and continued technology development, Mahar said.