Coinbase hire, Canva rival, raises: Fundable, Preve, Cuttable
Episode description
In this week's episode of The Startup Retro the discussion begins with Coinbase recruiting a former Treasury director and ASIC economist, and continues with an analysis of Microsoft entering the design market with a Canva competitor. They also explore the latest annual report on crowdfunding, revealing the state of the market and key figures.
Will and Gemma highlight the most interesting startup raises of the week, including Cuttable's creative automation platform and Preve's AI-driven physiotherapy solution. They wrap up with Knowledge as a Service (KaaS) recommendations, featuring a docuseries on aged care and a lighthearted book series.
Time Stamps00:00 Introduction and Welcome
00:28 Coinbase Recruits Former Treasury Director
05:02 Microsoft's Canva Competitor
09:00 Crowdfunding Annual Report
15:37 Weekly Startup Raises
28:31 KaaS Recommendations
LinksTo get all the links to the stories we mentioned in this episode, you can read this week’s Overnight Success newsletter. https://newsletter.overnightsuccess.vc/p/27-july-2024
Headlines- Coinbase Recruits Former Treasury Director
- Microsoft's Canva Competitor
- Crowdfunding Annual Report
Startup Raises
- Cuttable
- Raised $5.5 million led by Square Peg, with Paul Bassat joining the board.
- Focuses on creative automation for digital ads to enhance ROI without compromising quality.
- Preve
- Raised $550K in pre-seed funding to revolutionise physiotherapy with AI.
- Aims to reduce the high dropout and reinjury rates in patient treatment plans.
- Fundabl
- Closed $3.2 million equity raise and launched a venture debt fund.
- Targets growth-stage businesses with loans between $500,000 and $5 million, providing alternatives to equity investments.
KaaS - Knowledge as a Service
Our favourite startup-relevant read, listen, or watch of the week.
- Gemma’s Pick 💁🏻♀️
- Docuseries: Maggie Beer's Big Mission, a three-part series on revolutionising aged care with better nutrition and innovative tech solutions.
- Will’s Pick 💁🏻♂️
- Book: The Thursday Murder Club, a lighthearted mystery series about retirees solving crimes.
- Podcast: The Contrarians with Adam Schwab and Adir Shiffman, featuring Blake Hutchison of Flippa discussing digital asset marketplaces and valuation insights.
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