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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

Marketing 234
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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

trillion higher than at the end of 2019. While this is not an optimal time for many businesses to turn to funding, for Symend, this was an ideal time as our product demand rises and the realities of the market create a deepening white space for us to capture.” trillion, $2.36 had a delinquent debt problem.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Have declines in the public-market valuations of biotech companies impacted your investments in the sector? Robert Mittendorff, M.D,

Biotech 242
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EVs to power Kenya’s bus rapid transit system

TechCrunch

The BRT is a bus-based public transport system that delivers fast, comfortable and cost-effective services within metropolitan areas. The BRT was proposed by the NAMATA in a 2019 report as a strategy for easing traffic congestion in Nairobi, where over three million commuters spend an average of 57 minutes everyday on short journeys.

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Openbase scores $3.6M seed to help developers find open source components

TechCrunch

As developers build modern software, they often use open source components to help build the application, and Openbase helps them find the best one for their purposes. “Openbase basically helps developers choose from among millions of open source packages,” Grossman told me. Image Credits: Openbase.

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Streetlogic launches computer vision-based e-bike collision warning system, raises $2.1M

TechCrunch

Canada and Europe can pre-order Streetlogic’s advanced driver assistance system (ADAS) for e-bikes with a down payment of $30. The final retail price will be around $300 to $400, and the first batch of mass produced systems is expected for delivery by the end of 2022, according to Jonathan Denby, CEO and founder of Streetlogic.

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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.

Marketing 236