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Industry Groups Rush to Address AI Concerns

June 9, 2023
Even if you ignore the more apocalyptic warnings about AI, there are plenty of issues to consider and industry groups are stepping up.  Publisher-backed trade group Digital Content Next just issued  seven principles – more of a guideline, really – to help protect creators’ rights.  Meanwhile, Publicis Group just became the first agency holding company to join the Coalition for Content Provenance Authenticity (C2PA), which is not to be confused with the League of Extraordinary Gentlemen.
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Simon Data Announces It Can Read Snowflake Data Directly

June 8, 2023
Simon Data is a CDP that’s built on the Snowflake cloud database, which you might have thought they were in the “zero copy” camp already.  You would have been wrong until yesterday, when they announced a “connected segmentation feature” that reads a Snowflake warehouse directly.  It still requires mapping the Snowflake tables to a Simon schema and assumes the warehouse has tables coded with unique customer IDs, which most do not.
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The Trade Desk Aims to Build Partner Ecosystem

June 8, 2023
The Trade Desk is trying to set itself up as a platform at the center of a non-walled-garden adtech ecosystem, which is a tall order with potentially tall rewards.  They climbed a couple of steps on Monday by adding integrations with purchase data from Albertsons, Walgreens, and others; new indices to measure TV audience quality and reach; and a partner portal to simplify integrations with other adtech products.  They also added a bunch of AI-driven features to simplify programmatic media buying, but you’d expect that.  
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Malaysian sovereign wealth fund Khazanah leads US$15.3M Series B round for PolicyStreet

June 8, 2023
Malaysian insurtech company PolicyStreet announced it has secured US$15.3 million in a Series B round of investment led by sovereign wealth fund Khazanah, under its Dana Impak mandate. PolicyStreet intends to use the funds to strengthen its technology and underwriting capabilities. It aims to increase its on-demand underwriting policies to make protection more accessible and better tap into underserved and underinsured audience segments in Malaysia and the region.
CDPI Emerging Markets

Apar Technologies boosts AI powered data analytics capabilities with strategic investment in BigTapp Analytics

June 8, 2023
Apar Technologies, a global software services and consulting company headquartered in Singapore, has announced its strategic investment in BigTapp Analytics, a Singapore-based data analytics services and solutions provider powered by artificial intelligence (AI). Apar Technologies said that this investment marks a significant milestone in Apar Technologies’ commitment to expanding its data analytics offerings for customers in Singapore, Malaysia, Thailand, United Arab Emirates (UAE), India and the United States amongst others.
CDPI Emerging Markets

Open finance platform Klavi targets expansion throughout Latin America starting in 2024

June 8, 2023
Klavi, a Brazilian SaaS platform that offers Open Finance solutions, is getting ready to land in other Latin American countries. The fintech platform has processed more than 450 million transactions and performed more than 4 million connections in more than 30 financial institutions, as well as bureaus, fintechs, and startups. In operation since early 2020, Klavi is capitalized to follow through with its plans. In August last year, it raised a Series A of US$15 million.
CDPI Emerging Markets

Helium Health gets US$30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki

June 8, 2023
Helium Health, the African startup that provides software-as-a-service tools, financing and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding. The news is coming three years after the Lagos-headquartered health tech secured a $10 million Series A and 18 months following a rare Africa-GCC deal involving UAE-based healthcare provider-patient interaction platform Meddy.
CDPI Emerging Markets