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Startup SuccessesSTARTUPS

London-based Curve secures €67M in Series C extension to improve its financial super app.

by Alex Turner
written by Alex Turner

London-based financial powerhouse app Curve secured £58M (roughly €67M) in a Series C extension round on Thursday, bringing its Series C funding to over £133M.

Britannia, IDC Ventures, Cercano Management, Cohen Circle, Outward VC, and other stockholders participated in the extension.
Curve plans to utilize the capital to improve customer experience, expand Flex products, and form new collaborations.

The UK fintech business has raised £208M in equity investment and reached millions of users worldwide with its product and unique relationships with Samsung, Mastercard, Huawei, Swatch, and other top brands.

“We are extremely pleased with the interest we received in our Series C extension round and the support we received from our existing shareholders,” says Curve founder and CEO Shachar Bialick.

It shows our team’s performance, product strength, and business overall. As with each raise, this latest one requires our shareholders and customers to execute effectively to grow a great product and business. Investors, partners, and customers naturally gravitate toward Curve’s unique, user-friendly, and innovative product. With this extra funding, we hope to help more people become financially independent, says Bialick.

Curve: Super financial app

In 2015, Shachar Bialick founded Curve, an over-the-top banking platform that lets clients combine various cards into one smart card and app.

The fintech startup offers a one-stop shop for all financial needs to simplify consumers’ financial lives.

One smart card and app provide access to many financial products and services.

Curve supports Mastercard, Visa, and Diners Club.

Curve UK Limited, registered and regulated by the Financial Conduct Authority, issues the Curve Card and E-money in the UK.
The UK firm’s new Launchpad interface aids financial marketplace growth. Select third-party developers can integrate their financial products and services into Curve.

What investors say
“Curve isn’t just aggregating funding sources into one credit card; they’re revolutionising how we perceive and access our money,” says IDC Ventures co-founder and Managing Director Bobby Aitkenhead.
“Our conviction in Curve grew substantially upon witnessing its founder’s remarkable capabilities and proven history and the team he built around him,” says Aitkenhead.

“We’re excited about Curve’s potential to be a payments super app and change how consumers use cards and credit as part of a holistic payment methodology. Daniel Cohen, co-founder of Cohen Circle, believes it keeps growing and offering exceptional value.

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FAILURES & SUCCESSESStartup SuccessesYoung Business Leaders

Once Homeless, This Black Entrepreneur Owns a $20 Million Trucking Company.

by Ethan Carter
written by Ethan Carter

Amari Ruff, 34, had a challenging upbringing. He juggled employment and school as a teen while moving between homeless shelters to support his mother. However, he now has a multimillion-dollar trucking business called Sudu that links small business owners with enormous corporations like Walmart and UPS.

Modest beginnings

Ultimately, he got a job with a company and started negotiating significant business contracts. He assisted in the company’s expansion to $4.5 million in annual revenue but was demoted from the better position he had been promised. He claimed he wasn’t expecting it, and it was a depressing time, but this inspired him to succeed as an entrepreneur.

Beginning at the base

His military father abandoned his mother to raise him and his two brothers when he was 16. They resided in shelters for people experiencing homelessness, and Amari once had to travel more than four hours each way to continue attending high school and working.

In 2010, Amari decided to launch a communications business with just $300 and a 1990 Ford Ranger. However, he soon expanded it to five U.S. locations and approximately 200 trucks. While doing so, he also saw wider chances to establish a tech business linking underrepresented businesspeople (minorities, women, and veterans) with larger corporations. He subsequently created his own company to fill the need.

He founded Sudu 2015, an online marketplace that uses technology to link major shipping businesses with small and medium-sized trucking companies, which account for 90% of the transportation sector. Because of the speed and efficiency they offer the business with their technology, referred to as “Uber” for truckers, he claims he chose Sudu, a Chinese word that signifies speed and tempo.

Finally, there was Acknowledgement.

Amari’s brilliance made him a sought-after speaker at worldwide tech and business conferences. He was asked to speak at the Build Your Brand conference and retreat and the Nelson Mandela Fellows Panel.

He also began to receive significant honors, like the 2016 NMTA Minority Business of the Year, the 2017 Georgia Trend Magazine Trendsetter, and the 2018 Atlanta Business Chronicle InnoVenture Award. Even the Venture Atlanta Top 10 Startups to Watch list featured him.

In just three years, his Atlanta, Georgia-based company, Sudu, expanded to include more than 300,000 trucking firms in its network, focusing on minority, female, and veteran-owned firms. He has also negotiated with significant businesses like Walmart, P&G, Delta Airlines, Anheuser-Busch, Georgia Pacific, and UPS.

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BUSINESSBusiness PlanningLeadership and ManagementStartup Successes

Rapper Akon is Building a Black-Owned Futuristic City With Its Cryptocurrency

by Sophia Nguyen
written by Sophia Nguyen

Akon, a Grammy-nominated, multi-platinum-selling artist and philanthropist, is constructing a pioneering, entirely cryptocurrency-based city in Senegal, West Africa, where his digital cash currency, AKoin, will be the only means of exchange. Only 5 minutes away from the nation’s brand-new international airport, President Macky Sall of Senegal gave him 2,000 acres of land to build the cutting-edge city. Black leaders have been discussing building their communities and economies for years, and now Akon is finally stepping up to the task.

The Issue

Young African entrepreneurs experience significant challenges when starting and growing their businesses—issues that have historically impeded sustained success. They also encounter similar challenges that prevent successful entry and acceptance of foreign businesses on the continent.

Despite the advancements in smartphone and internet technologies, most Africans under 25 still have limited access to global innovation and possibilities. African entrepreneurs’ main problems are the absence of financial facilities, inflation, and unstable currencies. Difficulties hamper growth in trade and money movement, and there is an urgent need for access to chances for earning money.

The Answer

By developing a stable currency and cutting-edge, profit-generating opportunities that encourage and support youth entrepreneurship, economic stability, and growth throughout Africa and the rest of the world, the AKoin Ecosystem helps the world’s greatest rising economy realize its full potential.

Akon, who has Senegalese ancestry, says: “I think that blockchain and crypto could be the savior for Africa in many ways because it gives the power back to the people and restores security to the currency system, and it also allows the people to use it in ways that they can advance themselves and not allow the government to do those things that are keeping them down.”

Not his first original thought

Akon has long been a leader in social change and a visionary. He successfully established and expanded Akon Lighting Africa in 2014 to offer scalable solar power solutions throughout 18 nations in Africa as of this writing. One hundred thousand solar street lamps have already been produced as part of that project, which aims to provide electricity to 600 million Africans.

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Startup SuccessesYoung Business Leaders

19-Year-Old Makes History With Her Mom, Opens Newest Black-Owned Wing Spot in Houston Area

by Alex Turner
written by Alex Turner

A recent Shark Tank contestant named Tyla-Simone Crayton will soon establish the first Sienna Wings restaurant at Harvest Market in Missouri City, Texas, roughly 20 miles outside Houston. Tyla-Simone, who is just 19 years old, is also the creator of Sienna Sauce, a Black-owned national condiments company. But Sienna Wings was created in 2017, the same year she and her mother started selling wings every Friday from their house. The outstanding reaction inspired them to create a Wing Spot restaurant in their neighborhood.

I want to share it with as many people as possible because it’s wonderful when people try our wings for the first time and fall in love with them, said Tyla-Simone. “I also want to inspire other young people to pursue their ambitions. One of the first retailers to sell Sienna Sauce was Harvest Market, and the neighborhood has been supportive of us from the start.

It’s a full circle moment for me, and we must keep our beginnings in mind in this neighborhood here in our town.
Customers can anticipate a fast-casual dining experience with indoor and outdoor seating and the option to eat in or take away orders. All four of Sienna Sauce’s famous flavors, including Lemon Pepper, Sweet & Tangy, Smokey Brown, and Spice It Up, will be on the menu as wings. The menu offers kids’ chicken bits, fries, and macaroni & cheese as side dishes.

About the Founder

Tyla-Simone Crayton is the CEO of Sienna Sauce and a full-time student in UC Berkeley’s Haas undergraduate business department. She is the first person to ever receive a Pinnacle Award from the Greater Houston Black Chamber of Commerce for Youth Entrepreneurship, a Certificate of Congressional Recognition from Congresswoman Sheila Jackson Lee, a Proclamation from Houston Mayor Sylvester Turner, and a Judge of Fort Bend County Proclamation for her accomplishments and achievements in entrepreneurship, among other awards. Underneath all these honors and CEO accomplishments, Tyla-Simone is enthusiastic about giving back to her community.

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Startup SuccessesSTARTUPS

Female founder-led climate fintech startup Opna raises €6M led by Atomico.

by Alex Turner
written by Alex Turner

In a transformative move that’s set to reshape the landscape of data integration, Opna has successfully raised $6 million in a recent funding round. This significant investment is poised to catapult Opna to new heights and solidify its position as a trailblazer in data integration solutions.

The Rise of Open: A Pioneering Force in Data Integration

Unleashing the Potential of Data

Opna, a company at the forefront of data integration, is changing how businesses harness their data’s power. With data becoming increasingly critical for decision-making in today’s fast-paced digital era, Opna offers innovative solutions that empower organizations to unlock the full potential of their data assets.

Seamlessly Connecting Data Sources

Opna’s proprietary platform is designed to connect data sources from various silos within an organization seamlessly. Whether it’s customer data, sales metrics, or operational statistics, Opna’s intuitive technology effortlessly integrates and harmonizes this disparate information, providing organizations with a unified and comprehensive view of their data ecosystem.

Data Integration Simplified

Gone are the days of grappling with complex data integration processes. Opna simplifies data integration through its user-friendly interface and cutting-edge algorithms, reducing the time and effort required to connect and analyze data. This streamlining of operations translates into substantial cost savings for businesses.

The Funding Round that Spells Success

Securing $6 Million in Investment

Top-tier investors led Opna’s most recent funding round, contributing $6 million to the business. This infusion of capital will accelerate Opna’s growth trajectory and expand its reach across industries.

Fueling Innovation

The investment will be channeled into further enhancing Opna’s technology stack. This includes developing advanced features, expanding compatibility with a wider range of data sources, and bolstering security measures to ensure the utmost data protection.

The Vision Ahead

Opna’s vision extends beyond just data integration; it’s about empowering businesses to make data-driven decisions. This funding round paves the way for Opna to continue innovating and delivering groundbreaking solutions that drive success for its clients.

Opna’s Competitive Edge

Cutting-Edge Technology

Opna’s competitive advantage lies in its cutting-edge technology. With a focus on automation and machine learning, Opna’s platform adapts to evolving data landscapes, ensuring that businesses always have access to the most up-to-date and relevant information.

Scalability and Customization

Opna’s platform is highly scalable and customizable, catering to each organization’s unique needs. Whether you’re a small startup or a global enterprise, Opna’s solutions can be tailored to fit your requirements seamlessly.

Data Security and Compliance

In today’s world, data security and compliance are paramount. Opna takes this responsibility seriously, implementing robust security protocols and ensuring compliance with industry standards and regulations.

Conclusion: Opna’s Journey to Dominance

Opna’s remarkable achievement in securing $6 million in funding is a testament to its unwavering commitment to revolutionizing data integration. With its cutting-edge technology, unwavering dedication to data security, and a clear vision for the future, Opna is poised to surpass competitors and become the go-to choice for businesses seeking to harness the full potential of their data.

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Startup SuccessesSTARTUPS

UK-based United Robots unveils AI-powered industrial cleaning robots for large, crowded spaces.

by Alex Turner
written by Alex Turner

In an era where technology continually reshapes industries, a Swedish startup, United Robots, is making significant waves in industrial cleaning. Their cutting-edge robots are redefining efficiency, sustainability, and safety in a sector that has long needed innovation.

The Birth of United Robots

United Robots emerged in 2018 as a visionary response to the challenges faced by industries that require extensive cleaning and maintenance. The brainchild of a team of engineers and roboticists, the company aimed to create autonomous robots capable of performing the most demanding cleaning tasks in industrial environments.

The Robotic Workforce

State-of-the-Art Technology

United Robots’ flagship technology is nothing short of remarkable. Their robots have advanced sensors, artificial intelligence, and cutting-edge cleaning tools. These machines are designed to excel in challenging environments where human labor can be hazardous or inefficient.

Efficiency Beyond Compare

One of the primary advantages of these robots is their unparalleled efficiency. They work tirelessly around the clock, executing cleaning tasks precisely and consistently. Unlike human workers who require breaks and shifts, these robots can operate 24/7, ensuring a cleaner and safer industrial environment.

Safety First

Safety is paramount in industrial settings, and United Robots’ technology places it at the forefront. These robots are equipped with sensors that allow them to detect and respond to obstacles, ensuring they can navigate complex spaces without causing harm to themselves or others.

The Environmental Impact

Sustainability Redefined

In an age where sustainability is a global priority, United Robots has made conscious efforts to minimize the environmental footprint of industrial cleaning. Their robots are designed to use eco-friendly cleaning agents and reduce waste, contributing to a greener future.

Energy Efficiency

These robots are not only efficient in their cleaning tasks but also in their energy consumption. Their intelligent systems optimize energy usage, reducing companies’ costs while decreasing their carbon footprint.

Transforming Industries

Versatility

United Robots’ technology isn’t limited to one industry. Their robots can be customized to suit various industrial sectors, including manufacturing, logistics, and food processing. This adaptability ensures that the benefits of automation can be harnessed across a wide range of businesses.

Cost-Efficiency

Investing in United Robots’ technology translates into long-term cost savings. While the initial investment may seem significant, the reduced labor costs, enhanced efficiency, and extended equipment lifespan provide a compelling return on investment.

The Future of Industrial Cleaning

As United Robots continues to evolve and innovate, it’s clear that their presence in the industrial cleaning sector is here to stay. Their robots are revolutionizing how industries approach cleanliness, safety, and sustainability. With a focus on efficiency, safety, and environmental responsibility, United Robots is at the forefront of a cleaner and more sustainable industrial future.

In conclusion, United Robots’ industrial cleaning robots represent a remarkable step forward in industrial maintenance. Their cutting-edge technology promises to transform industries while promoting safety and sustainability. As the world embraces the era of automation, United Robots stands as a prime example of how innovation can revolutionize traditional practices.

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Startup IdeasStartup SuccessesTECHNOLOGY

UK-based Cornish Lithium bags €61M as it ramps up mineral exploration in Cornwall

by Alex Turner
written by Alex Turner

Cornish Lithium, a pioneering startup at the forefront of sustainable energy solutions, has achieved a significant milestone by securing a substantial £61 million investment. This article delves into the implications of Cornish Lithium’s fundraising success, explores its pivotal role in the UK’s green energy ambitions, and analyzes the potential impact on the renewable energy landscape and the transition to a more sustainable future.

Unveiling Cornish Lithium’s Investment Triumph

The attainment of a £61 million investment underscores Cornish Lithium’s strategic importance in advancing sustainable energy solutions. By unveiling the specifics of this substantial funding achievement, the scope of the investment, and its alignment with the UK’s green energy objectives, we gain insights into Cornish Lithium’s potential to drive impactful change.

Spearheading Green Energy Solutions

Cornish Lithium’s investment success is closely tied to its groundbreaking work in sustainable energy. As the startup spearheads efforts to harness lithium resources, it contributes to developing vital components for renewable energy technologies, amplifying the shift towards cleaner and more environmentally friendly energy sources.

Accelerating the UK’s Renewable Energy Transition

The momentum generated by Cornish Lithium’s significant investment holds the potential to accelerate the UK’s renewable energy transition. As the startup furthers its initiatives to extract and utilize lithium, it plays a pivotal role in reducing carbon emissions, enhancing energy storage capabilities, and supporting the country’s pursuit of ambitious green energy targets.

Propelling Sustainability and Innovation

Cornish Lithium’s investment accomplishment serves as a catalyst for sustainability and innovation within the energy sector. The startup’s championing of renewable energy technologies and resource utilization contributes to a more resilient and eco-friendly energy landscape.

Conclusion

In conclusion, Cornish Lithium’s £61 million investment marks a significant step towards realizing the UK’s green energy ambitions. As the startup leverages its substantial funding to advance sustainable energy solutions further, it solidifies its position as a key player in driving positive change. By harnessing lithium resources for renewable energy technologies, Cornish Lithium sets a promising precedent for a future energy landscape characterized by reduced environmental impact, enhanced energy storage capabilities, and accelerated progress towards a cleaner, more sustainable future.

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Innovation and TechnologyStartup SuccessesYoung Business Leaders

Meet Window Snyder, the trailblazer who helped secure the internet and billions of devices

by Ethan Carter
written by Ethan Carter

In the ever-evolving cybersecurity landscape, one name stands out as a true trailblazer – Window Snyder. With an exceptional career spanning decades, she has been instrumental in shaping the digital world’s security paradigm. In this article, we delve into the remarkable journey of Window Snyder, her groundbreaking contributions, and her unwavering commitment to fortifying the online realm.

Introduction

Window Snyder is a cybersecurity luminary that profoundly impacts the digital security landscape. Her visionary insights and relentless pursuit of innovative solutions have earned her a reputation as one of the foremost experts in the field. Throughout her illustrious career, she has championed the cause of secure software development, threat mitigation, and the protection of user data.

Early Life and Education

Window Snyder’s passion for technology ignited at an early age. Growing up in a family of tech enthusiasts, she honed her programming skills and developed a fascination for cybersecurity challenges. Her academic journey led her to prestigious institutions, where she deepened her understanding of computer science and security protocols. Armed with knowledge and determination, she embarked on a mission to revolutionize cybersecurity.

Pioneering Work at Major Tech Companies

With her impressive academic background, Window Snyder quickly found herself at the forefront of the technology industry. She worked with some of the most influential tech giants, including Microsoft, Apple, and Mozilla. At each of these companies, her expertise in cybersecurity left an indelible mark, enhancing their digital defenses and raising the bar for security standards.

Shaping the Future at the World’s Leading Security Firms

After her stellar contributions to major tech companies, Window Snyder’s expertise was sought after by leading security firms. Embracing new challenges, she joined the ranks of firms like @securityCo, where she played a crucial role in devising cutting-edge security strategies. Her work centered on identifying vulnerabilities, proactively combating threats, and fostering a culture of security awareness.

Founding Security Startups

Window Snyder’s entrepreneurial spirit led her to co-found cybersecurity startups that focused on addressing emerging challenges in the digital realm. These ventures attracted the attention of investors and industry experts, further solidifying her status as a visionary leader. Her startups revolutionized how organizations approached cybersecurity, emphasizing the need for holistic and proactive measures.

Influence on Policy and Standards

Beyond her technical contributions, Window Snyder also made significant strides in influencing cybersecurity policies and industry standards. Her active involvement in organizations like OWASP (Open Web Application Security Project) and W3C (World Wide Web Consortium) has helped shape guidelines and best practices, fostering a safer online environment for users and businesses.

Key Contributions to Secure Software Development

One of Window Snyder’s most enduring legacies lies in her advocacy for secure software development. She championed integrating security practices at every stage of the software development lifecycle. By emphasizing proactive security measures, she significantly reduced the number of vulnerabilities in software applications, making them more resilient to attacks.

Protecting User Privacy

Window Snyder’s dedication to protecting user privacy has been unwavering. She consistently advocated for privacy-centric design and data protection measures, urging organizations to be transparent and accountable for the user data they handle. Her efforts have contributed to establishing robust privacy frameworks, empowering users to navigate the digital world confidently.

Conclusion

Window Snyder’s contributions to cybersecurity have been nothing short of extraordinary. She has left an indelible mark on the digital world’s security landscape through her innovative thinking, relentless dedication, and pioneering work. Her journey inspires aspiring cybersecurity professionals and is a guiding light for building a safer, more secure online ecosystem. As we face new challenges, Window Snyder’s legacy remains a beacon of hope, reminding us of the vital importance of safeguarding the digital realm for future generations.

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