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Why is it so difficult to build a startup from scratch?

It requires a whole different skillset which can be easily acquired if you know where to look. Startups have a lot of moving parts that come in all kinds of shapes and sizes that need to fit together seamlessly. I call this the startup machine and the reason why it’s so hard to build a

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Ed Tech startup using app to improve student performance

Ed Tech startup using app to improve student performance

INDIANAPOLIS (Inside INdiana Business) — A recently-launched education technology startup is looking to improve student engagement and performance by helping them stay on target with their assignments. Boost was co-founded last year by Chief Executive Officer Josh Owens and Chief Research Officer Ben Motz, a research scientist at Indiana University. The company was this week announced as one of 18 global winners of the Futures Forum on Learning: Tools Competition,

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Fashion reCommerce Startup Thredup Plans $168 Million IPO

Fashion reCommerce Startup Thredup Plans $168 Million IPO

Online resale platform thredUP is planning an initial public offering (IPO) of 12 million shares of Class A common stock to raise as much as $168 million, according to a Thursday (March 18) press release . Each share is anticipated to be priced between $12 and $14 and will be listed on Nasdaq under the ticker symbol “TDUP.” The Silicon Valley startup will extend to its underwriters a 30-day option

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Talking robots with Ford

Talking robots with Ford

Before we get too far into this week’s roundup, I want to kick things off with an interview we haven’t published anywhere else. Earlier this week, we noted that Ford will be deploying some 100 researchers and engineers to the new $75 million facility at the University of Michigan, Ann Arbor. The automaker told TechCrunch the set up is not an incubator, so much as “an extension of our global

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OpenReel raises $19M to simplify remote video production

OpenReel raises $19M to simplify remote video production

OpenReel , a startup that makes it easier for teams to record videos remotely, has raised $19 million in Series A funding. CEO Lee Firestone told me that he and CTO Joe Mathew first started a video agency together, but when they were given “a pretty significant project” that involved remote production, they weren’t satisfied with any of the existing solutions and ended up “spending over a year to build

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Homebrew backs Higo’s effort to become the “Venmo for B2B payments” in LatAm

Homebrew backs Higo’s effort to become the “Venmo for B2B payments” in LatAm

The B2B payments space has been on fire for a while, and the COVID-19 pandemic has only fueled mass adoption of digitizing finances. In regions like Latin America, the need for innovation in the sector is even more paramount than in the United States with so many people still relying on outdated processes. One Mexico City-based startup, Higo.io , is out to transform B2B payments for SMBs (small and medium-sized

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Tech companies should oppose the new wave of anti-LGBTQ legislation

Tech companies should oppose the new wave of anti-LGBTQ legislation

American tech companies are engaged in a worldwide competition for top talent that can pick and choose where they want to live or where they want to launch the next great startup. With the expansion of remote work and tech talent spread across the country, there are larger amounts of venture capital investment and opportunity available to companies. States should enact policies that embrace businesses and are welcoming for entrepreneurs

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GM announces partnership with lithium metal battery startup

GM announces partnership with lithium metal battery startup

DETROIT (Reuters) – General Motors Co on Thursday announced a partnership with a lithium metal battery startup to boost the U.S. automaker’s battery development, allowing for higher electric vehicle driving range in a smaller package. Slideshow ( 3 images ) The joint development agreement with SolidEnergy Solutions (SES) of Woburn, Massachusetts, will allow GM to cut weight from the vehicle, a key goal for automakers as they push to roll

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FinTech Startup Revolut Says Goodbye To Canada

FinTech Startup Revolut Says Goodbye To Canada

British FinTech company Revolut announced this week it would suspend its Canadian operations, 18 months after launching a beta version of its platform in that country. According to BetaKit , which monitors Canadian startup and tech news, Revolut made the announcement on Twitter and in an email to users on Monday. “This has been a difficult decision, but we’ll do everything we can to make this process as smooth as

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Cyber insurance startup Coalition raises $175 million at $1.75 billion valuation

Cyber insurance startup Coalition raises $175 million at $1.75 billion valuation

OAKLAND, Calif. (Reuters) – Cyber insurance startup Coalition Inc on Wednesday said it raised $175 million in its latest round of funding, which valued the company at $1.75 billion as the need for protection against hacks, ransomware and data theft has surged with remote work during the pandemic. San Francisco-based Coalition also uses its technology to assess a customer’s cyber risk and during the life of a policy will monitor

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Energy IoT Startup Smart Joules Raises $4.1 Mn In Series A

Energy IoT Startup Smart Joules Raises $4.1 Mn In Series A

Smart Joules offers retrofits for energy-intensive systems like cooling, heating, compressed air and steam in commercial and industrial facilities The startup will strengthen its energy management team, enhance its technology platform, expand its presence across hospitals This week, ADB Ventures has also invested in another Indian startup New Delhi-based EV maker Euler Energy-efficiency-as-a-service startup Smart Joules has raised $4.1 Mn in its Series A funding round from various investors, namely

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Income Insurance Startup Asteya Launches With $10 Million in Funding

MIAMI, March 18, 2021 /PRNewswire/ — Asteya, an income insurance startup whose mission is to provide financial health and wellbeing by transforming the disability insurance space, today announced its launch and disclosed fundraising of $10 million. Investors include I2BF Ventures, Capital Factory, Cap Meridian Ventures, Northstar Ventures, Atrum, as well as angel investors Whitney Wolfe Herd and Geeta Sankappanavar. Asteya™ was founded by CEO Alex Williamson, the former Chief Brand

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Together-Travel Startup, Launchtrip Raises $3.8M Seed Investment

Together-Travel Startup, Launchtrip Raises $3.8M Seed Investment

NEW YORK, March 18, 2021 /PRNewswire/ — The world’s first Together-Travel startup, Launchtrip announces today the close of its seed investment round totaling $3.8M USD, including funding raised by Axis Capital. Launchtrip plans to launch its new app in beta this Spring 2021. The emergent company has designed a platform that elevates the group travel experience, making the entire process of booking a trip seamless from end to end. Using

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AI-powered grocery inventory startup Shelf Engine nabs $41M

AI-powered grocery inventory startup Shelf Engine nabs $41M

Prior to the pandemic, average grocery profits hovered around 2%, mostly due to transportation and logistical inefficiencies. Shifting product demand and sales compounded these issues, with stores now responsible for 10% of U.S. food waste. This over-ordering not only costs profitability, but forces retailers to increase prices to make up for the losses. In April 2020, grocery prices showed their steepest monthly increase in nearly 50 years, led by rising

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Portland-area marketing automation startup Act-On raises $20M

Portland-area marketing automation startup Act-On raises $20M

Act-On Software CEO Kate Johnson. (Act-On Software Photo) New funding: Growth marketing automation platform Act-On Software raised $20 million in equity and debt. The company, based in the Portland, Ore. region, aims to help companies generate more revenue and higher customer lifetime value from their users. The business: Act-On’s technology can help analyze target audience behaviors; create personalized campaigns; optimize website landing pages; and much more. The company has a

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‘Concierge Medicine On Steroids’ Startup Raised $40 Million To Disrupt Primary Care

‘Concierge Medicine On Steroids’ Startup Raised $40 Million To Disrupt Primary Care

Transcarent cofounders Glen Tullman (L) and Hemant Taneja (R). Transcarent With Transcarent, Glen Tullman and General Catalyst’s Hemant Taneja are applying the Livongo playbook to the employer-sponsored healthcare system. Shortly after Glen Tullman resigned as CEO of electronic health records company Allscripts in 2012, he got a call from General Catalyst managing partner Hemant Taneja inviting him to ditch the freezing Chicago winter for sunny Palo Alto. Taneja wanted Tullman

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