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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

Kaiko Systems, which Fussek founded in 2020 with Eddy del Valle, the former CTO of freight-forwarding unicorn Sennder , provides a smartphone-based tool for front-line workers and inspectors to collect operational data onboard. ” So far the company has done more than 10,000 inspections for roughly 250 vessels around the world.

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In edtech, history matters: Reach Capital just closed its largest fund to date

TechCrunch

Reach Capital, one of the first venture firms to focus exclusively on edtech, closed its last investment vehicle during an unprecedented boom within tech. Fast-forward two years, we’re now in a different world, socially, politically and technologically. billion last year, down 49% from the year prior.

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Nerdy, a tutoring marketplace startup, is going public via SPAC

TechCrunch

Edtech startup Nerdy , which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded SPAC since 2015. Nerdy is not yet profitable.

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Why Nigeria leads the way in YC’s participation in Africa

TechCrunch

Many of those companies are Nigerian, and when we look at venture capital data, we can see why. Those numbers decreased to $307 million, or 21% of the continent’s total, the following year, though 2020 was a venture capital year much impacted by outside forces. YC W22 batch nets 24 African startups, including 18 from Nigeria.

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Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

TechCrunch

It joins Affirm , Airbnb , and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Looking back in time, Wish saw its revenue growth slow in 2019, before expanding much more quickly in 2020. How has the pandemic impacted Wish? billion and $1.73

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Coinbase files to go public in a key listing for the cryptocurrency category

TechCrunch

The company’s public debut has been hotly anticipated thanks to recent activity amongst bitcoin and other blockchain-based assets, the company’s controversial political positions , and its spiking valuation on private exchanges. Coinbase’s financials show a company that grew rapidly from 2019 to 2020.

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How to check for founder-investor alignment before you start fundraising

TechCrunch

Evan Kipperman is a partner in the emerging companies and venture capital practice at Wiggin and Dana. He helps growth-stage companies, VC firms, family offices and high-net-worth individuals achieve their business goals. Paul Hughes is a partner in the emerging companies and venture capital practice at Wiggin and Dana.