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CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

TechCrunch

The company was launched in 2015 by Oluwatomi Ayorinde and Damilola Ayorinde as MobileForms, a data collection agent network. In 2018, the company got its first big break while working on TraderMoni, a small loan scheme for micro traders pioneered by the Nigerian government.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

That means — according to Latent AI — that its tools can help developers deliver AI models that are optimized for compute; that they can overcome memory and power constraints; and that there’s almost no latency (thus the company name). government is already a customer, thanks in part to strategic investors like Booz Allen.

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Packworks makes operations easier for sari-sari stores in the Philippines

TechCrunch

The startup will use its new funding to develop its super app, called The Pack, by increasing its platform offerings, including optimizing store operations, including funding access for businesses, and order management across the entire supply chain. It was founded in 2018, with an initial client base of five sari-sari store partners.

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InstaDeep’s acquisition is a classic case of an African startup gone global 

TechCrunch

They were developing specific technology that could impact many sectors,” noted Jilani on InstaDeep’s pioneering tech. We often see AI as a technology and a competition between developed countries. And it was also interesting, especially in Africa, where such companies are quite rare.

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Is ocean conservation the next climate tech? 7 investors explain why they’re all in

TechCrunch

We have to think beyond community beach cleanups — there are actually extremely investable approaches to solving the plastic problem.” Seafood traceability solutions; ropeless traps; microalgae and seaweed are a hugely untapped resource with multiple market opportunities; ocean and weather data collection and analysis.

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Twitter’s API access changes are chasing away third-party developers

TechCrunch

On August 12, Twitter launched a complete rebuild of its 2012 API, with new endpoints for data collection, new access levels and a new developer portal. Notably, the version 2 API was presented as a step in mending the notoriously fractious relationship between Twitter and its third-party developer community.

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Astronomer ready for its next mission after Datakin acquisition, $213M Series C

TechCrunch

At that time, the scrappy data analytics company had scooped up $3.5 million in funding to develop its tool for what happens after you’ve collected a bunch of data, namely assembling and organizing it so the data can be analyzed. to make data analytics more accessible. Image Credits: Astonomer.