AI supply chain startup Tacto is set to raise funds from Sequoia. Talks are already underway to obtain more cash.

AI supply chain startup Tacto is set to raise funds from Sequoia.  Talks are already underway to obtain more cash.

Tacto, a small German artificial intelligence supply chain startup, is about to raise new funds from US giant Sequoia and is already in talks with another major investor to raise another round. The Munich-based company, founded in 2020, has developed a platform for SMEs that provides an overview of their supply chains, procurement processes and …

Read more

Chargeback protection market set for explosive growth

Chargeback protection market set for explosive growth

According to investment strategy consultancy Liminal, there is enormous opportunity in the chargeback protection and management market, with the sector’s compound annual growth rate expected to increase by 27% to reach $30 billion in 2027. “Chargeback protection and management solutions have proven to be essential tools for merchants, offering reliable methods to identify, prevent and …

Read more

VCs no longer set DTCs

VCs no longer set DTCs

Direct-to-consumer brands, a core category of start-up investors a few years ago, have now largely disappeared from the ranks of funded companies. This year, American investors have put just over $130 million into companies at the intersection of e-commerce and consumer products, according to Crunchbase data. This means a 97% decrease compared to the peak …

Read more

Covid-19 treatment is set to hit the market with a high price tag

Covid-19 treatment is set to hit the market with a high price tag

WASHINGTON (AP) — Covid-19 drugs that millions of Americans received for free from the federal government will hit the private market next week at a hefty price tag. Pharmaceutical giant Pfizer sets a price per five-day treatment with Paxlovid for $1,390, but Americans still have free access to the pills – for now. The less …

Read more