Catalyst Fund reaches first close to back climate-tech startups in Africa
The Catalyst Fund has reached the first close of its $40 million fund intended for investment in climate startups in Africa. The fund announced today an initial close of $8.6 million with the backing of FSD Africa Investments (FSDAi), Cisco Foundation, USAID Prosper Africa, and tech investor Andrew Bredenkamp. The fund
Read moreATG Digital Unveils New QR Code Reader
In a groundbreaking development, ATG Digital, pioneers in the field of Access Control and Visitor Management, has unveiled its advanced QR Code Reader solution, heralding a new era in precision access control. This system is set to “revolutionize” the industry with its powerful features that not only enhance security but
Read moreOpna wants to help companies hit ‘net zero’ by finding and funding carbon projects
The race to net zero has led thousands of businesses to commit to eliminating their greenhouse gas emissions by 2050, a commitment that falls short of what is needed to counter the growing climate emergency. The problems are manifold. Insufficient action and planning among governments and corporations is part of it,
Read moreAtomicwork connects workers and their companies
Sometimes the work of having a job takes time away from work. Tasks like asking for leave, filing tech requests and checking company policy also result in a lot of administrative work for HR and IT department, especially companies with remote or hybrid work models. Atomicwork wants to help with
Read moreWorldover is a compliance platform for cosmetic products (and soon any product)
Meet Worldover, a new London-based startup that recently received $3.8 million in funding (£3 million). The startup is trying to simplify the compliance process when it comes to launching new products in multiple markets around the world — starting with cosmetics. Index Ventures and Chalfen Ventures led the recent funding
Read moreKotani gets $2M pre-seed to help African workers send money home via crypto — without the internet
Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup with a vision to make cross-border remittances easier for the large underbanked populations in Africa. The two-year-old startup is
Read moreEnvisics closes $100M to advance AR heads-up display tech in cars
Envisics, a UK-based holographics company building in-car technology that projects navigation, safety alerts and other data onto the inside of a windscreen, has closed a $100 million Series C round. The company announced the round’s first $50 million tranche in March, which brought Envisics up to a $500 million valuation.
Read moreProtestors rally at Cruise HQ in San Francisco
Protestors gathered Monday outside Cruise’s headquarters in San Francisco after reports of one of its robotaxis blocking an ambulance with a patient on board who later died. The incident, which the San Francisco Fire Department reported last week, happened on August 14, when a driver hit a pedestrian in the
Read moremyZoi wants to make remittances less costly for migrant workers
Money sent home by migrant workers not only helps their families, but also enables entire economies to develop. But transferring money comes at a high cost to workers, with remittance fees averaging about 6.5%. MyZoi wants to cut fees by more than half, starting with the five million low-income migrant
Read moreElon Musk to sue ADL for accusing him, X of antisemitism
In the newest uproar you might have missed, Elon Musk says X, formerly Twitter, will file a defamation lawsuit against the Anti-Defamation League. Musk accused the ADL, an organization that works to combat antisemitism, extremism and bigotry, of falsely accusing him and X of being antisemitic. “To clear our platform’s
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