Kaszek Ventures leads a $15 million round in Chilean asset management startup, Fintual

Like other financial sectors in Latin America, the retail investing space is getting a facelift by local tech startups that are cashing in on the untapped potential for democratizing asset management in the region. One of those startups is Chilean-based Fintual, which today announced a $15 million …

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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Orbion, manufacturer of in-space plasma propulsion systems, raises $20M Series B

Electric propulsion developer Orbion Space Technology has raised $20 million in a Series B funding round, which it says it will use to scale production capacity of its Aurora propulsion system. The Michigan-based startup manufactures Hall effect plasma thrusters for use in small and cube satellites…

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Volvo’s flagship electric SUV will come with Luminar’s lidar and software as standard

Volvo Cars and Luminar Technologies are beefing up their partnership. The two companies said Thursday that Luminar’s autonomous driving stack – a combination of hardware and software that includes lidar sensors and a proprietary perception system – will be standard on Volvo’s forthcoming flagship e…

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Happs raises $4.7 million for a multicast livestream platform creator community

Happs, an app that lets creators stream live video simultaneously across social platforms, has raised $4.7 million in a post-seed round. The product originally began as a platform for independent journalists, but expanded its mission last year to offer tools to all online creators while connecting …

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Daily Crunch: AWS and Salesforce expand partnership to make cross-platform integrations easier

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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JW Player raises $100M to build subscriptions and other monetization tools around its video software

JW Player, a very early mover in the market for online video technology — it powered YouTube’s first video player, before Google acquired it and it built its own — has long been profitable through a business model of providing one-to-many video streaming tools to publishers and ot…

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Musculoskeletal medical startups race to enter personalized health tech market

Several personalized health tech startups hope to reinvent care for patients suffering from musculoskeletal (MSK) medical conditions and chronic pain.

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Google and India’s Jio Platforms announce budget Android smartphone JioPhone Next

Indian telecom giant Jio Platforms and Google on Thursday unveiled the JioPhone Next, an affordable Android smartphone that will eventually launch across world.

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5 policies Washington should enact to end the climate crisis and joblessness

The problems we seek to address may be unique to our time, but the source of our solutions remains the same: expanding entrepreneurial activity.

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