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‘Switchable’ CAR-T Startup Secures $112 Million to Revolutionize Cancer Treatment! 💉

‘Switchable’ CAR-T Startup Secures $112 Million to Revolutionize Cancer Treatment! 💉

Author

Fabien B
October 23, 2024

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📖 TODAY’S ISSUE

🧵 Here are some insightful SaaS updates and tools we’ve curated for you today:

🚀Latest in SaaS and Dev Tools Discover cutting-edge SaaS advancements and essential development resources.

🛠️ Cool SaaS Tools Explore innovative tools that are reshaping the SaaS landscape.

💡 AI Prompts and Productivity Tips: Get actionable prompts to boost your SaaS productivity.

🚀 Educational Insights Learn essential skills and strategies to accelerate your SaaS journey.

Content marketing is a vital tool for customer acquisition and retention in the SaaS industry, but there's more beneath the surface. Successful SaaS companies don’t just create content—they target the right audience, produce original and valuable content, and optimize everything with SEO to boost visibility. Beyond that, they promote their content across various platforms, track key performance indicators (KPIs), and actively incorporate customer feedback. Collaborating with industry influencers and staying up-to-date with emerging trends are also crucial steps for long-term success.

What We Think

While content marketing plays an essential role in SaaS growth, the true secret is crafting high-quality, targeted content and spreading it across multiple channels. SaaS businesses that effectively leverage SEO listen to their customers, and stay current with industry trends will be better equipped to refine their strategies and stand out in the marketplace. The most successful content strategies go beyond capturing attention—building engagement, fostering customer loyalty, and staying flexible to adapt to the ever-changing digital landscape.

With 15,000 members, today our Pro ecosystem is one of the biggest ecosystem exclusively meant for SaaS builders/founders.

👉 Get your Pro subscription today - Get access to hundreds of SaaS Ideas, deep-dive reports and access to a closed community of founders, builders and makers.

Customer value management (CVM) is key to addressing challenges like buyer’s remorse, economic downturns, and stiff competition in the SaaS industry. If customers don't see value in your product, churn and lost revenue are inevitable. This guide outlines how to master CVM to maximize SaaS success by focusing on understanding customer needs, crafting strong value propositions, and personalizing experiences. Businesses can foster engagement, loyalty, and long-term growth by continually iterating and delivering exceptional value. CVM goes beyond traditional CRM by focusing on value delivery across the entire customer journey.

India’s SaaS industry has experienced remarkable growth, raising nearly $6 billion in 2022. Despite a funding slowdown in 2023 due to geopolitical tensions and high interest rates, the ecosystem remains resilient, with emerging sectors like telehealth, fintech, and legal compliance leading the charge. Notably, 11 Indian SaaS companies have achieved centaur status, generating over $100 million in ARR. With global SaaS revenue projected to reach $908 billion by 2030, India's market thrives, highlighting its potential for future growth despite economic challenges.

The growing reliance on SaaS applications like Microsoft 365 and Salesforce has introduced significant data protection challenges, with many organizations facing lapses in security protocols despite expressing confidence. A Keepit survey highlights the disconnect between perceived and actual vulnerabilities, especially as compliance regulations like NIS2 and DORA increase pressure. To mitigate risks, companies must adopt proactive strategies, including encryption, access controls, and regular risk assessments, to safeguard sensitive data and ensure compliance.

💻 DEV RESOURCES

Astro 3.0 introduces hybrid rendering, combining static site generation (SSG) with server-side rendering (SSR) for better flexibility in delivering fast, dynamic web applications. This version also enhances markdown support, making it easier for developers to write content-focused websites with improved syntax highlighting and embedded components.

SolidJS 1.7 brings enhanced fine-grained reactivity, making its state management even more efficient and intuitive. The update also comes with new DevTools features, offering better debugging experiences for developers building high-performance front-end applications.

Postman 10.0 focuses on API governance, helping teams ensure compliance with best practices and security standards across API lifecycles. The update also improves collaboration features, allowing for smoother communication between team members through shared workspaces and version control.

🚀 Cool SaaS Tools

Discover innovative tools reshaping the SaaS landscape.

A scheduling automation tool that simplifies the process of booking meetings for SaaS companies. Calendly integrates seamlessly with calendars, allowing teams to schedule meetings without back-and-forth emails. It streamlines appointment booking, reducing no-shows and making client interactions more efficient.

A conversational marketing and sales platform that helps SaaS businesses engage with website visitors in real time through chatbots and live messaging. Drift enables teams to convert more leads by automating customer interactions, providing instant responses, and personalizing outreach based on visitor behavior.

An integration and automation platform designed for SaaS companies to streamline workflows across multiple apps. Workato connects applications like Salesforce, Slack, and HubSpot, enabling businesses to automate repetitive tasks, boost productivity, and improve collaboration across departments.

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💸 WHO RAISED?

A switchable CAR-T startup has secured $112 million in funding, focusing on advancing innovative cancer therapies that improve safety and precision. Meanwhile, Editas Medicine seeks partnerships to develop its CRISPR-based treatments for sickle cell disease, shifting its focus to new experimental therapies. Additionally, Pfizer and Eli Lilly are under scrutiny for their telehealth partnerships, raising concerns about potential anti-kickback violations. Interestingly, many pharma executives have recently donated to Democratic candidates, even after significant drug pricing reforms passed.

Toronto-based startup Phaseshift Technologies raised $3 million in a seed round led by Innospark Ventures, with additional backing from Draper Associates and First Star Ventures. The company, founded in 2019, is focused on developing new alloys and composites through its AI-powered Rapid Alloy Design (RAD) platform. Phaseshift aims to address material bottlenecks across industries by creating durable, efficient, and sustainable materials. This funding will accelerate their innovation and help industries overcome limitations imposed by traditional materials, pushing the boundaries of engineering and manufacturing.

Mumbai-based AI cloud startup Neysa secured $30 million in a funding round co-led by NTTVC, Z47, and Nexus Venture Partners. Founded in 2023 by Sharad Sanghi and Anindya Das, Neysa aims to democratize access to scalable AI solutions through its flagship platform, Velocis, which provides on-demand high-performance computing. The funds will be used to expand infrastructure and fuel research and development, with plans to tap into international markets soon. Neysa anticipates a 200-300% growth next year, bolstered by increased demand from both domestic and global markets.

💻 Technical Insights
Gain practical knowledge on product development within this niche.

📢 Marketing Mastery
Discover key marketing strategies to launch and promote your products effectively.

💳 Cost Analysis for Scaling
Understand the financials: what it takes to develop your product and serve 100 customers.

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