Tag: Recent Funding
Latent AI, which says it can compress common AI models by 10x, lands some key backing
Roughly a year ago, Latent AI, a now three-year-old, Menlo Park, Ca.-based startup, pitched a handful of investors during TechCrunch’s Battlefield competition. It didn’t win that contest, but that hasn’t kept it from winning the interest of investors elsewhere. It just closed on $19 million in Series A funding in…
Read More
Australia’s v2Food aims to expand its plant-based meats to Europe and Asia with €45M raise
V2Food is one of many new contenders in the alternative protein space, founded in Australia but now setting its sights on Europe, Asia and beyond. It has a few key advantages over the competition, and with €45 million in new funding it may be finding its way to plates in…
Read More
Nigeria’s Decagon raises millions to finance and train software engineers
This past decade, Nigeria has seen several companies cater to the development and growth of software engineers and tech talent in general. It’s a space many in the Nigerian ecosystem like to think is budding yet overcrowded. So when Chika Nwobi started Decagon in 2018, the perception was generally “here…
Read More
Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders
Last summer, in the wake of George Floyd’s murder, Best Buy committed to “do better” when it came to supporting communities of color. As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million…
Read More
Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster
In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its…
Read More
Japanese startup ispace raises $46M to support planned moon missions
Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third of the planned missions, scheduled for 2023 and 2024. The first mission, which ispace…
Read More