All Signal is Square Peg's dispatch of portfolio news, resources and insights, open roles and more.
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Weather-tech startup Tomorrow.io announced IPO via SPAC merger
Tomorrow.io is taking a bold step forward on their mission to bring actionable weather insights to businesses globally. Today, tomorrow.io announced plans to go public on NASDAQ via a merger with Pine Technology Acquisition Corp's SPAC.
Powered by weather intelligence software, Tomorrow.io helps teams prepare for the business impact of weather by automating decision-making and enabling climate adaptation at scale.
We are in inspired by the whole team and by what they are building, and we are grateful to be continuing the journey together. Read more about the team's incredible journey and latest milestone now.
Portfolio news
Q-CTRL have raised $25m in their recent Series B led by Airbus Ventures. The latest funding will support hiring staff and enable new data-as-a-service markets powered by quantum sensing. Via TechCrunch
This month, Airwallex celebrate their 6th birthday. With more than one thousand employees and a global presence, we are so excited for the team on this special milestone. Via Twitter
Canva won the 2021 Apple App Store Award. The 15 best apps and games are recognised at the awards for helping millions of people on a global scale. Via The Australian
Aidoc, a leading Israeli provider of artificial intelligence solutions for medical imaging, announced the release of the first AI Operating System allowing for the clinical use of numerous AI applications over one unified system. Via Israel Defense
The New South Wales government has launched the Quantum Terminal, the new base of operations for Q-CTRL and two other Australian quantum computing companies. The terminal is expected to create 25k jobs in Australia. Via TechWire
Wego, the largest online travel marketplace in the Middle East and North Africa is partnering with EXPO 2020 to help stimulate the global economy and boost the tourism industry. Via Hotel News ME
Must-consume
Fred Ng, Associate in Hong Kong. Find him on Linkedin.
Stratechery is a collection of free weekly articles providing analysis of the strategy and business side of technology and media, with a focus on technology. I find the Aggregator Theory piece particular intriguing is fundamental to understanding why the internet is such a disruptor. I also enjoy their topics of discussion, because it helps crystalize challenges and how businesses at scale think. I check this out weekly. Via Stratechery
Nassem Talib’s Antifragile is an incredible book that grapples with the ideas of embracing convexity, limiting downside and letting odds and volatility play in your favour. Interestingly, I see many parallels in venture capital, realizing innovation is around you all the time. Humans are very bad at cross-domain pattern recognition...many principles have been ‘discovered’ in other verticals but not applied in the domain you’re in. In this book, Taleb, reveals how to thrive in an uncertain world, which I find quite fitting given the unprecedented last two years we have had. Via Amazon
The Great CEO Within is essentially a how to guide on building a category-defining company from the ground up. For context, founders may not be CEOs by design but it can be a learnt skill. Mochary covers all the essential and practical tips that a founder needs to be a great CEO including organisational design, sales and recruiting. Most importantly, it’s FREE! Via Google Docs
Tech news
WhatsApp users can now choose to have messages disappear for all new chats by default. Via TechCrunch
Alibaba has undergone a major management reshuffle, reassigning roles to four of its executives. The CFO, Maggie Wu will most notably be stepping down. Via TechCrunch
Rideshare app, Didi, has announced its plan to delist from the New York Stock Exchange after facing significant pressure from the Chinese government. Via Reuters
Match Group's Tinder is considering the metaverse and how dating apps can use virtual currency to blur the line between online and offline interactions. Via Reuters
Google have delayed their plans for a mandatory return to the office for employees. Via Wall Street Journal
Square Peg Open Roles
- Investment Team member, Tel Aviv - venture capital
- Head of Strategy, Melbourne (preferred), Sydney, Singapore - Strategy
Open roles
- Sales Systems Lead, Sydney - Canva
- Senior Associate, Business Operations, Melbourne - Airwallex
- Senior Manager, Marketplace Merchant Acquisition, Singapore - Doctor Anywhere
- Sourcing Specialist, Tel Aviv - Aidoc
- Product Marketing Manager, Sydney - UpGuard
