Remove 2017 Remove financing Remove incubation
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Dapper Labs, Flow, and NBA Top Shot

A VC: Musings of a VC in NYC

But I am writing again as there is likely to be a bunch of chatter about Dapper, Flow, and NBA Top Shot as the news of a financing round comes out today. Financings don’t really interest me but companies do. Dapper Labs came out of an incubator called Axiom Zen back in 2017. And this is a fascinating company.

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OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says. Beyond Converge, surprisingly, there aren’t many incubator programs focused exclusively on AI startups. The $100 million entrepreneurial tranche was announced last May and was backed by Microsoft and other partners.

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Nigerian agritech startup Releaf secures $4.2M to scale its food processing technology

TechCrunch

Pan-African focused venture capital firms Samurai Incubate Africa, Future Africa and Consonance Investment Managers led the round. When the pair started the company in 2017, the idea behind Releaf was not concrete yet as the team, based in the U.S., million in grants will focus on providing working capital financing to these farmers.

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Free Money for Student Tech Founders

David Teten VC

The Kauffman Foundation found 47% of US tech founders held degrees in STEM while 34% held degrees in business, finance, and accounting. Astra Incubator is “the first Italian incubation program designed to connect aspiring innovators and build multidisciplinary teams.” We also recommend, at a minimum, learn the basics of coding.

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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Bademosi was the Director of Binance Labs in Africa, overseeing the incubation and development of blockchain projects when he decided to start Bundle as CEO in 2019. With Bundle incubated within the ecosystem of the largest crypto exchange platform, Bademosi had lofty ambitions for the company.

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India’s insurance platform Turtlemint raises $30 million

TechCrunch

Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks to reach more users in small cities and towns in the world’s second largest internet market. Only a fraction of India’s 1.3

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How to Fix a Racially Biased Venture Capital Model and Commit to Diversity in Entrepreneurship

StartupNation

Connecting with excellent diversity-focused incubators and accelerators such as Camelback Ventures in New Orleans, Opportunity Hub in Atlanta, the LatinX Incubator in Chicago and the Hillman Accelerator in Ohio might serve as a starting point. Build in a mechanism to accept unsolicited applications for investment.