Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO

Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO

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Brex has once again made the surprising, but perhaps realistic, decision to partner with another one-time competitor. This time Zip, the CEOs of both companies told TechCrunch exclusively.  In April 2022, fintech Brex announced it was making “a big push” into both the enterprise and software. The news was notable considering that Brex originally was […]
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Adaptation Ventures is a new angel investor group focused on disability and accessibility tech

Adaptation Ventures is a new angel investor group focused on disability and accessibility tech

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The global assistive technology market was valued at more than $22 billion in 2023 and is projected to grow substantially by 2030. Despite the potential market size, many founders building tech to help people with disabilities struggle to secure the kind of early funding needed to get their companies off the ground in the first […]
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Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

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Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest […]
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