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In the current interconnected global economy, startups are powerfully driving innovation and energizing the entrepreneurial paradigm.

Glencoco, a marketplace that connects companies with business development consultants to generate qualified opportunities, announced its coming out of stealth alongside $3 million in capital led by Felicis and Crossbeam.

Lightspeed Faction, a blockchain-focused venture capital firm, announced the launch of its inaugural $285 million venture fund.

REPUBLIK, a global technology company building new ways for people to interact, announced the successful conclusion of its $6 million seed funding round.

Fanbase, the ad-free social media platform that allows users to monetize their content and connect with their audience through various media features, announced that its current equity crowdfunding round has successfully crossed $4.50 million.

Heidelberg-based Aleph Alpha, a player in the field of explainable and trustworthy AI, announced the successful signing of its Series B financing round.

The Futurum Group, a global technology advisory, media and research firm, announced the acquisition of Business Podcast Network (BPN), a venture-backed media startup known for its popular flagship show The Drill Down.

Fanbase, the ad-free social media platform that allows users to monetize their content and connect with their audience through various media features, announced that its current equity crowdfunding round has successfully crossed $4.50 million.

RespirAI Medical, a digital startup based in Israel, announced it has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.

Mudrex, a crypto investment platform headquartered in Bengaluru and San Francisco, backed by Y-Combinator, announced the launch of Saber.Money, to offer onramp and offramp services to B2B clients in India.

Hivebrite, a community management platform, has raised a $37 million Series B funding round. This latest funding highlights the growing demand for Hivebrite’s product and its leadership in the community-building industry.

Oracle NetSuite announced that Cohere, the AI platform for enterprise, has selected NetSuite to support its mission to empower enterprises to capture true business value with language AI.

Meeranda, an Artificial Intelligence (AI) solutions provider serving both small and medium businesses (SMBs) and global multinational corporations (MNCs), announced it has joined the NVIDIA Inception.

Getsafe, Europe’s neo-insurer based in Germany, has entered into an agreement to acquire the German customer base of French insurtech pioneer, Luko.

Edinburgh-based venture capital firm Par Equity, has announced the launch of its new venture fund - Par Equity Ventures I LP.

HeartX, powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country, has selected the five healthcare startups that will participate in the 2023 accelerator program.

The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58 million to provide small and medium firms (SMEs) and other companies with better access to funding.

Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), has announced plans to invest $150 million in female-led enterprises over the next 10 years.

Webel, the app that brings any service to your doorstep, has raised €2.1 million led by Trind Ventures, primarily for expansion purposes.

Sony Group Corporation (Sony), has established "Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.

As competition to reach a targeted and increasingly urbane customer base reaches new heights, brands are increasing their ad spend by investing in new and innovative campaigns.