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BadVR is using government grants to build a business that’s independent of venture capital

TechCrunch

It’s the second grant that the company has taken from the NSF and is an example of how startups can turn to government funding for capital and avoid some of the pitfalls of fundraising from venture capital. BadVR uses virtual and augmented reality tools to visualize geospatial data for a range of government and commercial applications.

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Hatch, a neobank for SMBs, launches with $20M in funding from investors like Kleiner Perkins, Foundation and Plaid’s founders

TechCrunch

The fintech’s Hatch Business Checking accounts cost $10 a month, don’t charge non-sufficient funds (NSF) or overdraft fees and includes cashback offers. Once that process is complete, customers get a MasterCard virtual number and can link external bank accounts. Hatch can approve applications in less than five minute.