Forgot your password?

Quick news №32

Tuesday, December 7, 2021

Startup Jedi

We talk to startups and investors, you get the value.

Head to the left, head to the right, bent down, unbent. We warm up so that the run is effective, and it will be intense today: round after round, scandals, NFTs, strategic partnerships and partnerships that have fallen apart. Let's go!

What has not been put up for auction in the NFT video lately! And the source code of the Internet, and the cut scenes from Pulp Fiction, and the duck from Pokras Lampas. Now the turn of Wikipedia has come: the first version of Wikipedia has been put up for auction at the Christie’s auction house. As a nice bonus, the owner of this token will gain control over the site, however, all his edits will be rolled back every 5 minutes. Along with NFT, a cute pink iMac Strawberry is also presented at the auction, on which an online encyclopedia was first launched in 2001.

The relationship between Tinder's dating co-founders and its current owner, Match Group, is far from the same color. Three years ago, they filed a lawsuit against the corporation on the topic of options tied to the company's valuation, which, according to the co-founders, Match Group deliberately underestimated. Because of this, they, together with a number of top managers, received less money. The result today is an amicable agreement. Well, and $441М to settle the claim —  at least not the initial $2B.

Another near-dating news feed of the technological world took place in the Zuckerberg Metaverse. Meta, which brings together Instagram, Facebook and WhatsApp, launched the StopNCII service to protect users from porn revenge. But in order for the hedging algorithm to delete your intimate photos, leaked to the network without permission, you must first upload them into the program yourself. In general, if you are interested in the topic of dating services, take a look at our interview with the waka project: you will find out why it is not really profitable for dating applications to have people find acquaintances.

Important! The Belarusian video editing startup VOCHI, about which we talked about a $2.4M round in July, acquired a strategic investor: he was taken over by the Pinterest platform. With the help of the startup's developments, the platform will be able to qualitatively develop the video block of its service and the original copyright video content presented on it. VOCHI will retain the team and continue to work on the project.

Overall, the week was rich in venture news. MedTech-startup NaPopravku, which simplifies registration in private and state clinics, raised $5M, the estimate has not been disclosed. The money will be used for marketing and new product development. Speaking of MedTech: Invitro has again decided on an IPO, which has been postponed for the last 3 years. Now the plans are to enter the stock exchange next year, and place up to 40% of the capital on the stock exchange with an estimate of more than $1B. The organizers of the placement have not yet been chosen.

Outstanding deals took place in the Ukrainian market segment —  we have chosen two. The Spanish unicorn Glovo decided to completely buy out the Zakaz.ua service: Ukraine is an important market for strengthening, and the purchase of a local player will help Glovo to occupy the desired position by spending now, but then earning several times more. The parties did not disclose the details of the deal.

Ukrainian startup Pibox raised $400,000 under the leadership of the Techstars accelerator. The startup is developing a SaaS platform that will help collaborate on audio and video projects, and has been selected by Techstars Toronto.

Another project of the creative and technological wing of the venture capital world, the Bang Bang Education online school, based on the basis of an illustrating agency, entered the educational holding Ultimate Education —  the latter acquired a controlling stake. The commercial terms of the deal have not been disclosed again —  this week, everyone was reticent!

Already a Dubai project, but still with founders from Russia, the product delivery service Yalla Market raised $2.3M. Wamda and Dubai Angel Investors, as well as local and Russian investors, took part.

Perhaps somewhere now in one of the many food delivery services a vegetable analogue of meat or milk rushes to the buyer —  their market, according to NielsenIQ estimates in Russia, has noticeably increased over the year: in volume —  by 19%, in money —  by 18%, and sales these categories have so generally doubled. Green light green!

Have a productive week!

7 Dec 2021

 

Stay tuned and don’t forget to follow us:

Facebook: facebook.com/StartupJedi/

Telegram: t.me/Startup_Jedi

Twitter: twitter.com/startup_jedi

Comments

More From Startup Jedi

Angel Talks talked to a venture investor Igor Lutz about investments in projects.
Explore workable monetization schemes
Today will dive into the world of startups in London.