Fundraising

A bad experience with an accounting firm spurred this founder to start Aiwyn

Fundraising /

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to […]

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Real estate VC Fifth Wall is raising $500M for a new fund

Fundraising /

Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing. The eight-year-old firm, helmed by its co-founder and CEO Brendan Wallace (pictured), is already managing $3.2 billion in capital, including raising an $866 million fund in late 2022 that was the largest venture

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Hotel booking platform Safara raises $14M, acquires rival Skipper

Fundraising /

Doug Schuessler has always been a founder. This passion, which has been with him since childhood, saw him launch two startups, move to San Francisco, and take a job at Square to see what a “real rocket shop looked like.” He later became chief revenue officer at restaurant booking platform Resy, before becoming a founder once

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Culina Health nabs $7.9M to provide virtual access to registered dietitians

Fundraising /

As a dietitian, Vanessa Rissetto’s main goal is to help people stay healthy. She also knew that there were some roadblocks to achieving that. For example, the Black community deals with pressing health concerns, in addition to a disproportionate lack of access to care. More than 80% of registered dietitians in the U.S. are white,

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BlueQubit raises $10M to take Quantum software into real-world applications

Fundraising /

Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer.  Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to

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‘We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia

Fundraising /

Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks

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Access bets people will pay thousands of dollars a year for guaranteed restaurant reservations

Fundraising /

Once, not long ago, booking a table at a hot new restaurant didn’t entail a midnight dash to Resy. Truly, we didn’t know how good we had it then. Hours-long lines out the door are now the norm, not the exception, in major cities from New York to Los Angeles. One reason is that restaurants

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Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

Fundraising /

With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire. By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI

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