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    What you need to know about post-funding round for your startup | Sifted

    Closing that first funding round is a huge deal for startups. But what happens next? “Founders understand a lot about how to raise — who to target, creating pitch decks and forecasting — but they often lose track of what to do after the money comes in,” Sophie Ehrlich, director of healthtech at Silicon Valley Bank UK and EMEA, told Sifted. “The plan they’ve spent ages working on is done the minute they close. They’ve got to restrategise immediately.” We spoke with SVB’s relationship banking team, startup founders and VCs about what newly-funded startups should expect, and how to spend […] More

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    Icelandic Startup PLAY Launches Ticket Sales With Free Seats – Simple Flying

    Iceland’s newest airline PLAY has officially launched its ticket sales today for seven destinations across Europe. Its inaugural flight will be London Stansted on June 24th. PLAY is giving away 1,000 free tickets to lucky travelers ready to book today. Tickets have gone on sale today for PLAY’s inaugural routes. Photo: PLAY Get ready to PLAY The hotly anticipated launch of Iceland’s newest startup airline PLAY has officially begun. On the back of the receipt of its Air Operators Certificate last weekend, the airline has today begun selling tickets for its inaugural route between Iceland’s Keflavik Airport and London Stansted. […] More

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    8 investors and founders highlight Valencia’s potential as a fintech and cybersecurity hub – TechCrunch

    While Madrid and Barcelona tend to attract the buzz when it comes to tech startups in Spain, Valencia is slowly and surely making a name for itself as a growing tech ecosystem. The country’s third-largest city, Valencia features great beaches, sunny weather all year, and affordable housing and healthcare. And with a population of only around a million people, it’s a little more manageable compared to its bigger cousins. The city also topped the InterNations Expat City Ranking 2020 as one of the best cities for expats to settle in. What’s more, it produces plenty of talent — about 25,000 […] More

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    Indonesian Travel Startup Is Said to Weigh $2 Billion SPAC Deal

    Indonesian online travel company Tiket.com is exploring going public through a merger with a special purpose acquisition company as it seeks to expand its business, according to people with knowledge of the matter. The startup is in talks with COVA Acquisition Corp. for a deal that would value the combined entity at about $2 billion, according to the people, who asked not to be identified because the talks are private. Goldman Sachs Group Inc. is advising Jakarta-based Tiket, which is valued at more than $1 billion and owned by diversified Indonesian conglomerate Djarum Group, they said. The startup may also […] More

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    Napa Valley gets new flights to Southern California

    The newest way to get to Napa from Southern California comes at a cost of $2,000 for a round-trip ticket. But that may work for the well-heeled traveler with disposable income looking for relaxation. Aero, which flies leisure travelers in and out of targeted tourism destinations, is now providing flights into the Napa County Airport from Van Nuys, according to the company. Aero bills itself as a semi-private, first-class airline with white-glove service that includes “hosts who provide seamless service at every travel turn. From booking a driver, to making sure your favorite drink is on board, Aero’s concierge team […] More

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    Three student startups win $10,000 each in ‘Shark Tank’-style competition | Penn State University

    Three Penn State student startups each won $10,000 for their startups in the annual “Shark Tank”-style Inc.U Competition hosted by the Pennsylvania Technical Assistance Program (PennTAP). The three winning startups are: As part of PennTAP’s Inc.U Competition, the three teams competed against three additional student companies from across the commonwealth for up to $30,000 in funding on WPSU-TV’s “The Investment,” which aired at 8 p.m. Thursday, May 13. It was also released as a web episode. The other three student startups that competed in the 2021 Inc.U Competition were: JERPA Jeans, which makes sherpa-lined jeans for all your outdoor needs […] More

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    The Venice of the North: Why Amsterdam is the New Supply Chain Hub

    The pandemic showed us that many things are not quite as they seem—especially when it comes to the economy. Many businesses were hit hard, if not fatally, and in Europe companies were additionally impacted by the new legislation that followed Brexit.  We also saw the geographic status quo take a hit. Capital cities seen as powerhouses of international trade and commerce were shown to be more interchangeable in the global economy than previously believed.  For logistics companies, it is necessary to take a closer look at the changes brought about by the pandemic when considering a location for an office. This is […] More

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    I’m Launching an Evolved Version of My First Startup — Here’s What I’m Doing Differently – The Good Men Project

      If somebody had said to me that I’d be running an extremely successful business three months after my college graduation, I would have, most likely, taken it as a joke. Not because I did not consider myself capable of running a business, but because I was not sure of what it was that I wanted to do. Following some of my side hustles as a student — including one which became a six-figure business — I launched a company that designed immersive and educational travel experiences for students. I did it mostly because I wanted to travel, and this […] More

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    Meet Pedro Anderson, The CEO Innovating The Travel Industry By Leveraging Blockchain Technology – TechRound

    Winding Tree is a blockchain-powered travel marketplace connecting top airlines, hotel chains, and corporations without the cumbersome presence of traditional intermediaries. We’re transforming the industry by disrupting the outdated mindsets and antiquated technology that are holding it in the past and building the next generation in travel tech. We envision travel becoming a true peer-to-peer economy that welcomes creativity and innovation in the industry.     How did you come up with the idea for the company?   Our Co-Founder had built a travel startup called Roomstorm out of Y Combinator only to encounter the travel industry’s dark little secret […] More

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    AmEx brings BNPL to air travel

    American Express is making a move into a new frontier for the buy now, pay later movement, offering US consumer card members the option to pay for plane flights in instalments. Customers that book flights that cost more than $100 through AmexTravel will soon be able to choose to pay with the firm’s Plan It option of monthly instalments with a fixed monthly fee. BNPL has quickly become big business and AmEx research suggests it is a popular option for travellers. More than a third of Americans surveyed say they are looking for deals or flexible payment options to […] More

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