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Investing with Purpose: SoGal Ventures’ Journey with Pocket Sun

AsiaTechDaily

Register Established in 2016 and headquartered in New York, SoGal Ventures is a venture capital firm dedicated to early-stage investments in diverse founding teams, operating in both the United States and Asia. She created the SoGal community in LA, one of the largest global networks for women entrepreneurs and investors.

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Chipotle launches $50M venture fund in bid to foster new restaurant tech

TechCrunch

In a bid to position its brand as more tech-forward — and, in the process, foster new culinary innovations — Chipotle today announced the launch of Cultivate Next, a venture fund run by Curt Garner, the restaurant chain’s chief technology officer. Venture funds alone put more than $39.3

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Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

TechCrunch

Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. Its Series A brings Macrometa’s total raised since its was founded in 2017 to $29 million. Macrometa, an edge computing service for app developers, lands $7 million seed round led by DNX.

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Training in textiles offers bright future for new entrepreneurs in Dominica

Young Leaders of the Americas Initiative

Avena, a 2017 YLAI Fellow, also offers advice for future entrepreneurs. Avena noticed the large-scale unemployment throughout Dominica, and her concerns were confirmed by the Central Development Bank in 2017 when Dominica was listed as one of the Caribbean countries with the highest unemployment rates. Advice for YLAI Network members.

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Singapore’s Triple-A Secures $10 Million in Series A Funding for Crypto Payment Gateway Expansion

AsiaTechDaily

Established in 2017 by fintech visionary Eric Barbier , Triple-A facilitates secure and efficient transactions through stablecoins and blockchain technology/ It offers support for prominent tokens like USDT, USDC, Bitcoin, and Ethereum. Triple-A is registered with the United States Financial Crimes Enforcement Network (FinCEN).

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

Today, Microsoft confirmed the acquisition but not the purchase price, saying that it plans to use Fungible’s tech and team to deliver “multiple DPU solutions, network innovation and hardware systems advancements.” But its DPU architecture was difficult to develop for, reportedly, which might’ve affected its momentum.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Founded by Mark Straub and William Bares in 2017, Smile Identity is a major player in Africa’s ID verification and KYC compliance industry. Costanoa Ventures and Norrsken22 back Smile Identity in $20M Series B round Here’s also how it fits into Smile Identity’s current growth strategy from a product but geographic-led standpoint.