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

TechCrunch

While leagues behind fintech as a whole, insurtech startups have still attracted a significant amount of investment over the last few years — $43 billion between 2016 and 2022, according to a recent report. Deals are taking longer in 2022 because investors are doing more thoughtful due diligence.

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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

A 2016 whitepaper from the Association of Credit and Collection Professionals International found that debt rose from $150 billion to over $600 billion in the previous five years. “This latest injection of growth capital allows us to meet the growing demand for our behavioral engagement technology around the world. .

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The NIS2 Directive: why cyber-resilience is the new normal for European organisations

CIO

Due to be adopted as law by member states by October 2024, the EU Network and Information Systems (NIS2) Directive is the most important cybersecurity legislation ever enacted across member states. Defending this was never going to be easy at a time of constricted budgets and a shortage of technical skills.

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Tech News Review 19 July 2016

CTOvision

By Steven Norton Jul 18, 2016 7:32 pm ET Artificial intelligence is approximating human reasoning more and more closely all the time. The fear of intelligence in something other than the human mind has long been feared by scientists, conspiracy theorists and tech-minded people since the very notion it was possible was thought of.

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5

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AgBiome lands $166M for safer crop protection technology

TechCrunch

Due to its safer formula, Howler can be used as the last spray in the program, and its differentiator is a shorter re-entry period — farmers can spray in the morning and be able to go back out in the field in the afternoon. The company saw 10x sales growth in 2020, Uknes told TechCrunch.

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Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal

TechCrunch

Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. The company, founded by Olubisi, Dimeji Sofowora and Tito Ovia in 2016, is well-known for its core electronic medical records (EMR) and hospital management solutions in Africa.