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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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UK’s PrimaryBid raises $50M as its retail investing platform sees a Covid-19 surge of activity

TechCrunch

PrimaryBid , which allows retail investors (that is, ordinary and not professional investors ) the ability to invest in new shares issued by public companies, has raised $50 million in new funding of its own. s public companies by providing additional capital and liquidity. . s public companies by providing additional capital and liquidity.

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Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. This is not something we can invent with AI in a few seconds.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Come together, right now…over e-commerce : Amazon joined an India-backed e-commerce initiative that interestingly enough was challenging the retail giant’s seeming monopoly in the market, Manish writes. net loss for Q4 2022 by Christine Hall originally published on TechCrunch You can’t do that : The U.S. Rebecca has more.

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Poshmark is pushing into the public market at a high-end valuation as the resale market sizzles

TechCrunch

According to its S-1, it produced net income of $21 million off revenue of $193 million during the nine months ended September 30, 2020, compared with a net loss of $34 million on revenue of $150 million during the same period in 2019. It has numerous things going for it.

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Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

TechCrunch

Clarence Bethea (pictured below) founded Upsie after realizing the significant markup that retailers were placing on warranties. His goal was to focus not on the retailer, but rather the end user and making the process more transparent, more affordable and simpler. A number of angels also put money in the round. .

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Founders Fund backs Vest, a startup out to give Latin Americans a bridge to investing in the US stock market

TechCrunch

equities investments to retail investors in all major economies in Latin America, as well as in the United States. and Mexico, with plans to extend that capacity to other large markets this year. . Vest’s founding team is not deterred by recent stock market turmoil. Image Credits: Vest. “That’s not us.

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