Kyle Wiggers / TechCrunch:
Insite, which uses AI to help companies price, distribute, and promote packaged goods, raised a $19M Series A from NewRoad Capital and Microsoft’s M12 — Insite AI, a platform for consumer packaged goods companies that uses AI to provide recommendations on how to price …
Jacquelyn Melinek / TechCrunch:
Space and Time, a decentralized data service that is developing “Proof-of-SQL” cryptography, raised $20M led by Microsoft’s M12, following a $10M seed in July — Space and Time, a decentralized data platform, has raised $20 million in strategic funding to help businesses grow through smart contract technology.
Kyle Wiggers / TechCrunch:
Tel Aviv-based Valence Security, which helps secure SaaS supply chains, raised a $25M Series A led by Microsoft’s M12, with Akamai and others participating — Valence Security, a company securing business app infrastructure, today announced that it raised $25 million in a Series A round led by M12 …
Ingrid Lunden / TechCrunch:
London-based Sequence, which offers APIs and other tools for pricing, billing, and related services, raised a $19M seed led by a16z — When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment.
Hannah Lang / Reuters:
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future — The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings …
Kyle Wiggers / TechCrunch:
Ox Security, which helps companies improve software supply chain security, raised a $34M seed from Microsoft’s M12 and others, and says it has 30 customers — The rise in software supply chain attacks, like the SolarWinds hack, prompted last year’s executive order from the Biden Administration …
Josh Ye / Reuters:
Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend — Tencent Holdings (0700.HK) on Wednesday said it would distribute most of its stake worth $20.3 billion in food delivery firm Meituan …
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