Tag: Startups

Sendlane raises $20M to convert shoppers into loyal customers

Sendlane, a San Diego-based multichannel marketing automation platform, announced Thursday it raised $20 million in Series A funding. Five Elms Capital, Blueprint Equity and others invested in the round to give Sendlane total funding of $23 million since the company was founded in 2018. Though the company officially started three…

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Indonesian B2B marketplace GudangAda raises more than $100M in new funding

GudangAda founder and chief executive officer Stevensang GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million. The company says the round was oversubscribed, passing its initial target of $75 million. The funding was…

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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones,…

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These simple metrics will tell you if your startup is ready to scale

Consider gross churn rate, the magic number and gross margin Tae Hea Nahm 8 hours Tae Hea Nahm Contributor Tae Hea Nahm is co-founder and managing director of Storm Ventures and is the co-author of the “Survival to Thrival” book and podcast series. For more, visit Unlock, his online resource.…

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Dear Sophie: Should we look to Canada to retain international talent?

Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear…

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Epic Games acquires Sketchfab, a 3D model sharing platform

New York-based startup Sketchfab has been acquired by Epic Games, the company behind Fortnite and Unreal Engine. Sketchfab has been building a platform to upload, download, view, share, sell and buy 3D assets. Essentially, it is the leading repository for 3D files on the web. Epic Games isn’t disclosing the…

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