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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

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. Have declines in the public-market valuations of biotech companies impacted your investments in the sector? The survey also covers the implications of U.S

Biotech 242
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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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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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Are You Ready for Cloud Regulations?

CIO

The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk.

Cloud 246
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Cybersecurity Snapshot: How To Boost the Cybersecurity of AI Systems While Minimizing Risks

Tenable

As nations and organizations embrace the transformative power of AI, it is important that we provide concrete recommendations to AI end users and cultivate a resilient foundation for the safe development and use of AI systems,” she added. Those are some key drivers fueling demand for cybersecurity insurance, a market expected to grow at a 22.3%