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More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and […]
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Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business.
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More than a year after Adobe announced it was acquiring Figma for $20 billion, the deal remains stuck in regulatory limbo.
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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […]
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The last quarter in venture capital was quite gloomy. Even AI didn't change the picture that much, but its impact is starting to show in other ways.
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Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enable informal retailers (mom-and-pop stores) to order fast moving consumer goods (FMCGs) order directly from distributors and […]
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Women’s health remains one of the most underfunded, under-researched, and underserved areas of investment and study.
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Popup Bagels raised $8 million in venture capital this week. But why would a bagel store chain want such expensive capital?
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A version of this post first appeared in TechCrunch’s weekly robotics newsletter, Actuator. Subscribe here. Last week was a busy one for robotics. We had RoboBusiness in the Bay, ROSCon in New Orleans and Amazon’s Delivering the Future event in Seattle. I ended up choosing the latter, as I’d gotten quite a bit out of […]
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Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He’s also the CEO of OpenStore, the company that he co-founded in 202 to acquire and scale commerce brands on Shopify’s platform. And […]
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