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Amid layoffs and allegations of fraud, the FBI has arrested NS8’s CEO following its $100+ million summer financing Sep 21, 2020

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The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist”. Rogas, the co-founder and former chief executive and […]

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Ron Howard and Brian Grazer say that their accelerator can help diversify Hollywood Sep 18, 2020

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Impact Creative Systems (formerly Imagine Impact) is bringing a startup accelerator-style approach to finding fresh creative talent, and it announced this morning that, with funding from venture capital firm Benchmark,Â it’s spinning out from Imagine Entertainment — the production company founded by director Ron Howard and producer Brian Grazer. Right after the news broke, the accelerator’s […]

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X1 Card is a credit card based on your income, not your credit score Sep 18, 2020

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There are many reasons why you could have a good or a bad credit score. But if you’re just entering the job market, you may end up with reliable income and a low limit on your credit card. X1 Card wants to solve that by setting limits based on your current and future income instead […]

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The art of pivoting with Phaedra Ellis-Lamkins and Jessica Matthews Sep 17, 2020

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Building and growing a startup is hard, but pivoting said startup into something new and then achieving that same growth is even harder. But it’s not impossible. Phaedra Ellis-Lamkins, founder and CEO of PromisePay, and Jessica Matthews, founder and CEO of Uncharted Power, both have experiences doing this. At TechCrunch Disrupt, they shed some light […]

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Jefa is a challenger bank for women without a bank account Sep 17, 2020

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Meet Jefa, a startup that is building a challenger bank specifically designed for women in Latin America. The company is building a product that focuses on solving the problems that women face when opening a bank account and managing it. It is participating in the Startup Battlefield at TechCrunch Disrupt. “There are 1.4 billion people […]

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Quantum startup CEO suggests we are only five years away from a quantum desktop computer Sep 16, 2020

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Today at TechCrunch Disrupt 2020, leaders from three quantum computing startups joined TechCrunch editor Frederic Lardinois to discuss the future of the technology. IonQ CEO and president Peter Chapman suggested we could be as little as five years away from a desktop quantum computer, but not everyone agreed on that optimistic timeline. “I think within […]

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Data virtualization service Varada raises $12M Sep 16, 2020

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Varada, a Tel Aviv-based startup that focuses on making it easier for businesses to query data across services, today announced that it has raised a $12 million Series A round led by Israeli early-stage fund MizMaa Ventures, with participation by Gefen Capital. “If you look at the storage aspect for big data, there’s always innovation, […]

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Bank-as-a-service startup Swan helps other companies issue cards, accounts and IBANs Sep 15, 2020

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Meet Swan, a new French startup that wants to let other companies offer financial services by issuing cards, bank accounts and IBANs with just a few lines of codes. The company could be considered as a bank-as-a-service platform, like Treezor or solarisBank. Originally founded by startup studio eFounders, the startup just raised a $5.9M million […]

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DaVinci Kitchen is building a robotic pasta-making kiosk Sep 15, 2020

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The robotics industry is having a major moment amid the uncertainty of the COVID-19 pandemic. It’s true that category has been an exciting target for investments for a number of years now, but labor issues and concerns over transmission have led many sectors to take a good, long look at automation. Meal preparation is a […]

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Airtable raises $185M and launches new low-code and automation features Sep 14, 2020

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The spreadsheet-centric database and no-code platform Airtable today announced that it has raised a $185 million Series D funding round, putting the company at a $2.585 billion post-money valuation. Thrive Capital led the round, with additional funding by existing investors Benchmark, Coatue, Caffeinated Capital and CRV, as well as new investor D1 Capital. With this, […]

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