Did COVID-19 steal your sales? This is how 9 Latin American startups successfully entered e-commerce


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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

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Technological innovation and process optimization are booming. Changes and restrictions in physical interaction since the pandemic have forced companies to change the way they operate and do business, the recent McKinsey & Company survey “What 800 executives envision for the postpandemic workface ” conducted of executives of companies around the world, shows that a third of companies have accelerated the digitization of their supply chains, half have accelerated the digitization of their customer service channels, and two-thirds have more quickly adopted artificial intelligence and automation.

Undoubtedly, the pandemic has shown us that the digitization of companies of any size is necessary and that being prepared and being able to adapt quickly is essential. There has been an important

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It’s Time For Startups To Use AI To Battle Tech Giants In Patent Wars

Technology giants such as Alibaba and IBM are eating startup innovators’ lunch. These behemoths are seeking to devour even more market share by publishing patents at unprecedented speed in emerging technologies such as blockchain.

As some of the richest companies on the planet, the corporations have the resources to manage the laborious search of existing patents and to overcome the outdated administrative hurdles so that they can file for intellectual property rights.

Patents are definitely old school. Patent laws started with the rise of the nation-state, so they began in the 18th century and were then fully developed in the 19th century. Some changes may have been made to reflect new technologies, but the basic patent laws haven’t evolved to meet the needs of the 21st century.

We’re patenting ideas based on today’s high-tech of artificial intelligence and blockchain with laws that were established centuries ago.

All this puts early-growth

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The top 12 VC firms most actively investing in early-stage AI startups

  • Artificial intelligence is one of the buzziest technologies of the past 20 years. 
  • Since 2000, investors have poured roughly $407 billion into AI startups, per data from PitchBook. 
  • In that time frame, the top 12 VC firms most active in early-stage AI investing by deal count have collectively closed a total of 708 Series A and B rounds, according to the data analytics firm. 
  • Visit Business Insider’s homepage for more stories.

Over the past two decades, artificial intelligence has quickly become one of the most buzzy technologies. 

Giants like IBM have doubled-down on AI-backed offerings, while a rush of startups have emerged that are trying to use the tech to overhaul operations ranging from stocking shelves to supply chain negotiations.

Along with that has come a bonanza of venture capital funding that has created so-called unicorns like Indigo Ag, UiPath, and SenseTime. In the past 20 years, investors have poured

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Introducing the 16 rising star VCs backing healthcare startups

Many investors predicted Silicon Valley would be at a loss during the coronavirus pandemic, with cautious investors pulling back venture funding and startup founders fleeing to more affordable locales. But for healthcare startups and investors, that future never materialized.

Instead, healthcare investment has had a blockbuster year, with an all-time-high number of deals and a record number of dollars invested. Telehealth startups had a record-breaking first half of the year, with 154 funding deals in the second quarter alone, according to CB Insights.

The youngest employees at venture firms are typically its eyes and ears, relying on networking events and word of mouth to find the best entrepreneurs or companies to invest in. During the pandemic and largely working at home, that role has evolved into virtual coffee meetings, socially distant walks, and active group chats. The mission, however, remains the same: find the next big startup creating the future

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Google is providing cash awards to 76 startups through a racial equity initiative announced in June

In June of this year, as more of the world began to awaken to the many ways that people of color are systematically discriminated against amid months of protest, a wide number of companies announced initiatives aimed at improving the representation of underrepresented groups within their own ranks and as recipients of their investment dollars.

Unsurprisingly, Alphabet, among the world’s biggest and most profitable companies, was among them. Specifically, as part of Alphabet’s commitment, Jewel Burks Solomon — who is the head of the company’s nine-year-old program Google for Startups — agreed to help steer $5 million in cash rewards of up to $100,000 to select startups.

The company didn’t waste much time. Today, Solomon is announcing that the money has been committed to 76 different startups that were chosen for their geographic diversity as well as the diversity of their companies’ mission.

Solomon and her team had some help.

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Wingman Ventures: Swiss VC fund closes $83 million for startups

  • Swiss VC fund Wingman Ventures has closed an $83 million early-stage fund to invest in Swiss startups.
  • Wingman only invests in pre-seed and seed stage startups out of Switzerland, where it believes there is a significantly underserved tech ecosystem.
  • “Swiss founders have traditionally been funded by risk averse, corporate backers and don’t understand the broader tech ecosystem,” Wingman Ventures partner Alex Stöckl said.
  • Visit Business Insider’s homepage for more stories.

Swiss VC fund Wingman Ventures has closed a 76CHF million ($83 million) early-stage fund.

Wingman invests in pre-seed and seed stage startups out of Switzerland, where it believes there is a significantly underserved tech ecosystem.

The country of just 8 million people is one of the wealthiest nations in the world, but has a certain insularity which has prevented its growth as a tech ecosystem, according to Wingman Ventures founding partner, Alex Stöckl. 

“Swiss founders have traditionally been funded by

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Here are the top European startups where people want to work in 2020

  • LinkedIn published its Top Startups of 2020, which features the startups its users most want to work for in different countries.
  • Featured companies in Europe include transportation startups such as Arrival and Dott; neo-banks such as Revolut and N26; and health startups like Doctolib.
  • We’ve got exclusive data on the top startups across six European countries, and ranked the first five for each.
  • Visit Business Insider’s homepage for more stories.

LinkedIn has released its annual ranking of the hottest startups to work for.

The list is based on how half a billion LinkedIn users interact with startups on the site across four areas: user engagement with the company and its employees, employee growth, job applications started on LinkedIn, and how often people working for firms on LinkedIn’s top companies list — a different list of firms with over 500 employees — move over to these startups. 

Business Insider got exclusive

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Google Defers Indian In-App Commission Fees After Startups Complain | Technology News

BENGALURU (Reuters) – Alphabet Inc’s

Google has extended its deadline for Indian app developers to comply with a new billing system by six months to March 31, 2022, the U.S. tech giant said in a blog post on Monday.

Google also said https://india.googleblog.com/2020/10/google-plays-billing-system-update.html it was setting up “listening sessions” with leading startups to understand their concerns and establishing “policy workshops” to clear any additional questions after it said it will more strictly enforce a global policy and charge a 30% commission fee for in-app purchases, irking some developers.

In recent days, many startups in India have banded together to consider ways to challenge Google, including by lodging complaints with the government and courts. They are upset about the 30% commission fee and say several other Google Play Store policies hurt their businesses.

Google said the policy is not new and more than 97% of developers with apps on its app

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Indian Startups Band Up Against Google Dominance, Want To Build National Alternative To Play Store

KEY POINTS

  • Google Play will collect a 30% commission on in-app purchases from 2021
  • Indian startup founders called these charges “unfeasible”
  • Google’s Android holds a 95.8% market share in India

More than 150 top Indian startups and businesses, some of them big names, have banded together to challenge Google’s monopoly over the Android app ecosystem in India  and build an app store that the country can call its own, TechCrunch reported.

The move by Indian businesses to to build a national altenative to Google Play was prompted by Google’s recent annoucement to force app developers on its store to use its payments system, which takes a 30% cut on transactions including in-app purchases. Reports said founders of leading startups like Paytm, a payments app simiar to Google Pay and is India’s most valuable startup; MakeMyTrip and PolicyBazaar discussed Google’s policy and the concerns on dependence on Google on a call.

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Self-driving-car startups that could become next Waymo, VCs say

  • Business Insider asked seven venture capitalists to choose the two self-driving startups they believe have the most potential.
  • At least one of the VC’s picks had to come from outside their firm’s portfolio.
  • Many of their choices reflected the autonomy industry’s increasing focus on trucking and deliveries over ride-hail.
  • Aurora Innovation was picked four times, more than any other company.
  • Visit Business Insider’s homepage for more stories.

Self-driving taxis have taken longer to reach widespread adoption than experts predicted during the 2010s. That may be why venture capitalists see potential in autonomous-vehicle startups that are focused on applications, like trucking and mining, that present fewer technological challenges than ride-hailing.

Business Insider asked seven venture capitalists to pick the two autonomous-vehicle startups they believe have the most promise, with the caveat that only one could be a company their firm has invested in. Their selections reflected the industry’s increasing focus on

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