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Ultraleap’s mid-air haptics tempts Tencent to join its $82M Series D fundraising

TechCrunch

It was way back in 2017 that the company that became Ultraleap (Ultrahaptics, as was) demonstrated at TechCrunch Disrupt a technology that pioneered ultrasound to replicate the sense of touch. And as was hinted at back in 2017, automakers are looking to make the ‘in-cabin experience’ a real thing.

VR 224
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5 questions CIOs must ask after Southwest Airlines’ failure

CIO

billion in stock buybacks between 2017 and 2019. In 2017, Fast Company wrote that Southwest Airlines’ digital transformation “takes off” with an $800 million technology overhaul, but only $300 million was dedicated to new technology for operations. 31 what amounts to $428 million a year.

Airlines 351
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Sava, a spend management platform for African businesses, gets $2M pre-seed backing

TechCrunch

When Yoeal Haile started Aspira, a lending service, in 2017, he wanted to give Kenyans more choice about buying stuff on credit. The spend management model is a way not only to bring the tools that small, medium and large businesses need to run their financial operating system in the background.

Banking 241
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Titan nabs $12.5M for ‘next generation’ investment management

TechCrunch

Frustrated with only helping the rich get richer, the pair founded Titan in 2017 with the goal of disrupting what they viewed as “an archaic industry. They’ve since built an operating system aimed at giving “ everyday investors access to the types of investment products and experiences that they’ve historically been locked out of.”

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

Fungible was launched in 2016 by Bertrand Serlet, a former Apple software engineer who sold a cloud storage startup, Upthere, to Western Digital in 2017, alongside Krishna Yarlagadda and Jupiter Networks co-founder Pradeep Sindhu.

Azure 282
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Sleek secures $14M Series A to enhance its corporate service platform

TechCrunch

French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong. The startup built a back-end operating system platform that handles everything from incorporation, government, accounting, taxes and visas to regulatory compliance.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Founded by Mark Straub and William Bares in 2017, Smile Identity is a major player in Africa’s ID verification and KYC compliance industry. Before the acquisition, Smile Identity had just crossed over 60 million verifications. Meanwhile, Appruve processed up to 100,000 verifications monthly, Damalie disclosed in the interview.

Fintech 363