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Swiggy’s food delivery business reaches profitability May 18, 2023

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India’s Swiggy said on Thursday that its food delivery business has become profitable, eclipsing its publicly-listed rival Zomato on another key metric a day before the firm is set to report its quarterly earnings.

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Wefox secures new funding at $4.5 billion valuation as it aims for profitability May 18, 2023

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Wefox, the German insurtech startup, has closed a new funding round from existing investors.

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Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife May 17, 2023

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Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves.

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This UK startup plans to radically shake-up the antiquated word of COPD measurement May 17, 2023

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In 1846, London surgeon John Hutchinson invented the spirometer, a thing you blow hard into, to measure the volume of air inspired and expired by the lungs.

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Jenfi raises more funding for its “growth capital as a service” platform May 16, 2023

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Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day.

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Everseen raises over $70M for AI tech to spot potential retail theft May 16, 2023

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In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory.

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Pale Blue Dot continues investing in its climate vision, with a second, $100M fund May 15, 2023

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Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups.

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AMP Robotics attracts investment from Microsoft’s Climate Innovation Fund May 15, 2023

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AMP Robotics, a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to an investment from Microsoft’s Climate Innovation Fund.

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SLAIT pivots from translating sign language to AI-powered interactive lessons May 12, 2023

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Millions of people use sign language, but methods of teaching this complex and subtle skill haven’t evolved as quickly those for written and spoken languages.

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AudiencePlus wants to help every company run its own media platform May 12, 2023

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It used to be that having a corporate blog and some paid content was the gist of your marketing department’s content efforts, and that was enough.

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