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SiliconCanals
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Belgian tech is on a path to sustainable growth with nearly €500M raised in H1 2024: State of Belgian Tech Report
- Belgian Tech raised almost €500M in H1 2024, surpassing €424M total funding in previous year
- The inaugural ‘State of Belgian Tech Report’ combines current data analysis with an extensive founder survey
- Early-stage financing rounds accounted for around 77% of capital raised by Belgian tech startups
- Flanders made up 60% of Belgium’s GDP in 2022, received 52% of total tech startup investment
- Over the last six years, the average amount invested per round per stage has increased
- 52% of the total investment volume is for software category
- Four 'unicorns' have emerged in Belgium so far
- Belgian VCs are on track to raise over €400M by end of the year
- The share of foreign investors has been greater than that of Belgian investors since 2020
- Survey results and interviews indicate that raising capital in early business stages in Belgium is less challenging
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Eu-Startups
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Paris-based baCta secures €3.3 million to revolutionize natural rubber production
- Paris-based startup baCta has raised €3.3 million in pre-seed funding to revolutionize natural rubber production.
- baCta produces biosynthetic carbon-negative natural rubber using engineered microorganisms and renewable feedstocks.
- The funding round was led by OVNI Capital and included participation from Kima Ventures, Sharpstone Capital, another.vc, and prominent business angels.
- baCta aims to decarbonize the rubber industry and develop a platform for producing carbon-negative isoprenoids.
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Hitconsultant
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Glooko Secures $100M, Appoints Mike Alvarez as New CEO
- Glooko, a global digital health company, has raised $100M in a Series F funding round led by Georgian.
- The funding will be used to drive product innovation and global expansion, focusing on advanced analytics, device integrations, clinical research, and chronic condition support.
- Mike Alvarez has been appointed as the new Chief Executive Officer of Glooko, bringing over 20 years of leadership experience in the medical device and biotechnology industries.
- Alvarez's expertise in global healthcare markets and digital health solutions will contribute to Glooko's growth and its mission to transform chronic condition management and improve clinical trials.
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Yourstory
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Creating safe spaces for friends facing mental health issues
- Creating a safe space for friends dealing with mental health issues is crucial for fostering trust, understanding, and healing.
- The first step in creating a safe space for your friends is to educate yourself about mental health issues.
- Active listening is one of the most powerful tools for supporting a friend.
- A non-judgmental environment is essential for your friend to feel safe discussing their mental health challenges.
- While you want to be supportive, it's essential to respect your friend’s boundaries.
- If your friend’s struggles seem overwhelming or beyond what you can handle, gently encourage them to seek professional assistance.
- Sometimes, practical support can make a significant difference in your friend’s life.
- Your physical space can also impact how safe your friend feels.
- Supporting a friend through mental health challenges requires consistency and patience.
- Creating a safe space for friends facing mental health issues involves empathy, understanding, and genuine care.
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AllTopStartups
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How Does Legacy Leadership Empower Business Owners to Build Lasting Impact?
- Legacy leadership is about building a business that has lasting success by fostering strong values, empowering employees, and making decisions with the future in mind.
- This type of leadership ensures that businesses are equipped to face challenges and continue growing.
- A values-driven culture built on trust, accountability, and respect not only attracts talent but also retains it.
- Empowering everyone within the organization to lead is another critical element of this type of leadership.
- This type of leadership is about building future leaders within the organization.
- Consultants experienced in this area help business owners create strategies that balance current needs with future goals.
- Legacy leadership empowers business owners to build more than just a successful business—it allows them to leave a lasting legacy.
- This can include initiatives like community involvement, sustainability efforts, and fostering innovation.
- By thinking about the long-term impact of their leadership, business owners can ensure that their company’s legacy extends beyond the bottom line.
- Legacy leadership helps business owners make a lasting difference by focusing on steady growth, sustainability, and developing future leaders.
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Startup Pedia
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Startup Social Hardware raises ₹3.2 Cr in Seed Round led by IPV
- Social Hardware has raised INR 3.2 Crore in a Seed Round led by Inflection Point Ventures.
- The funding will be used for key growth initiatives, establishing R&D facility, and enhancing manufacturing capabilities.
- Social Hardware specializes in advanced teleoperation systems and innovative robotics solutions.
- The global teleoperation and robotics market is expected to reach USD 22.5 billion by 2026.
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TechBullion
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The Role of Wall Street in Shaping New York’s Tech Ecosystem
- New York's tech industry and Wall Street have an intricate relationship and a dynamic landscape.
- Through history, Wall Street played a crucial role in funding technological advancements especially in early stages.
- As financial institutions seek new investment opportunities, they’re increasingly turning their attention to the burgeoning tech sector.
- Startups once struggled to gain traction now find themselves with access to significant resources and valuable mentorship opportunities.
- However, the pressure to deliver quick returns can create unrealistic expectations for startups still navigating their early stages.
- Balancing ambition with sustainable growth becomes a strategic imperative amidst the excitement of newfound funding sources.
- Collaborations often lead to groundbreaking products that reshape industries. Fintech ventures thrive on this synergy, leveraging Wall Street’s resources while offering fresh perspectives.
- Competition simmers beneath the surface. Established firms worry about disruption from agile tech players.
- New York's identity as a global tech hub depends on continuing collaboration between Wall Street and tech industry.
- Balancing Wall Street's deep pockets and innovative entrepreneurship will be crucial as New York's tech industry evolves.
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Yourstory
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A91 Partners set to lead Rs 500 Cr pre-IPO round in Niva Bupa
- Venture capital firm A91 Partners is set to lead a Rs 500-crore pre-IPO round in health insurance company Niva Bupa.
- The investment will happen at a valuation of around Rs 15,000 crore.
- A91 Partners is investing around Rs 350 crore to Rs 400 crore in the pre-IPO round.
- The investment will be a full secondary-deal, providing an exit for some existing shareholders.
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Hackernoon
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Startup Acquisitions: How to Navigate an Acquisition Process as a Seller
- Understanding the goals of the M&A process is crucial for startup founders and leaders.
- Engaging an advisor or deciding to go solo is an important decision when navigating the acquisition process.
- Hiring an M&A lawyer is recommended to handle legal aspects of the transaction.
- The next article will cover due diligence, negotiation, and the exit process.
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AllTopStartups
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Ready to Snap? Here’s How to How to Launch a Successful Wedding Photography Business
- Starting a thriving wedding photography business requires technical photography skills and a signature photographic style.
- Photography post-production skills are essential for creating a professional and artistic touch.
- Online photography degrees are worth the investment, as they cover everything from technical skills to business management.
- Building a diverse portfolio showcasing different stages of a wedding day is essential.
- Marketing your business on social media platforms and building relationships with other vendors is crucial.
- Scaling your photography business means diversifying your offerings, adding engagement shoots, bridal portraits, or even video services to your packages.
- Implementing CRM software can help you manage contracts and booking schedules, enhancing the client experience.
- Cultivating a sense of professionalism and adaptability is essential on the wedding day to build trust with your clients.
- Providing the final product promptly is a crucial part of delivering exceptional client experiences.
- Investing in your growth as a wedding photographer involves prioritizing your clients' needs and expectations while refining your craft.
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Inc42
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Bernstein Cautions On PB Fintech’s Healthcare Foray, Caps Downside At $100 Mn
- Bernstein expresses caution over PB Fintech's plans to venture into healthcare with a $100 Mn investment.
- Analysts believe this move would deviate from PB Fintech's asset-light model, potentially impacting its stock performance.
- Despite concerns, Bernstein maintains an 'outperform' rating and sees potential for strengthening PB Fintech's position in the Indian health insurance market.
- PB Fintech reported a net profit of INR 59.98 Cr in Q1 FY25 due to robust growth.
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ISN
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Assistive technology startup Social Hardware raises Rs 3.2 crore led by Inflection Point Ventures
- Assistive technology startup Social Hardware has raised Rs 3.2 crore in a seed funding round led by Inflection Point Ventures.
- The funding will be used for key growth and go-to-market initiatives, building a strong marketing and sales team, establishing an advanced R&D facility, expanding manufacturing capabilities, and strengthening R&D efforts.
- Social Hardware specializes in teleoperated robotic systems designed for hazardous operations in industries such as manufacturing, infrastructure, defense, and aerospace.
- The global teleoperation and robotics market is projected to reach $22.5 billion by 2026, with India's market growing at a CAGR of 13% and expected to reach $7.77 billion by 2027.
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AllTopStartups
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How to Create Customer Loyalty: Recurring is King
- Creating lasting customer relationships is important for business success.
- Recurring business generates consistent revenue, lowers acquisition costs, and increases customer lifetime value.
- Customer Acquisition Cost (CAC) refers to how much it costs to acquire a new customer; Lifetime Value (LTV) measures how much revenue a customer generates over their entire relationship with the company.
- Recurring revenue models create a steady stream of predictable income with better customer loyalty and retention.
- Netflix, which transitioned from a DVD rental service to a subscription model in 1999, reported 238 million subscribers worldwide and generated $8.19 billion in revenue in 2023.
- David Chang Music runs recurring monthly classes for cohorts of students, generating sustainable monthly revenue.
- Companies like Adobe, Microsoft and Amazon Prime have successfully transitioned to subscription models and increased their recurring revenue.
- Recurring business also helps with long-term planning and investment, as well as word-of-mouth marketing.
- Businesses should consider introducing recurring services or products to build deeper connections with their customers and a loyal customer base.
- Recurring is king when it comes to customer loyalty and business sustainability.
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Yourstory
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Bharat Value Fund invests Rs 122 Cr in hygiene care startup Millennium Babycares
- Hygiene care startup Millennium Babycares has raised Rs 122 crore in a private placement round.
- The funding will be used for plant expansions, market expansion, and enhancing value for stakeholders.
- The investment was led by Bharat Value Fund, a Category II alternative investment fund.
- Millennium Babycares specializes in baby care, femcare, and adult care products.
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Startupreporter
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Radisson Gurugram, Udyog Vihar Celebrates 7 Years of Excellence
- Radisson Gurugram, Udyog Vihar celebrates its 7th anniversary this October.
- The hotel has established itself as a top choice for business and leisure travelers.
- To mark the occasion, the hotel offers special anniversary promotions and experiences.
- The hotel remains dedicated to delivering exceptional service and creating unforgettable guest experiences.
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