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Reveal raises $50M to espouse the benefits of partner ecosystems

TechCrunch

In a 2018 Accenture survey , 76% of business leaders said that current business models will be unrecognizable in the next five years, with ecosystems being the main change agent. ” Before launching Reveal in 2020, Bouchez was the CEO of Multiposting, an HR tech startup, until 2018, when it was acquired by SAP. ”

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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. One of the reasons we founded InstaDeep was to show that there was real potential and opportunity for AI in Africa. I believe that AI is a huge opportunity for Africa and I’ve been vocal about it.

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Seraphim Capital’s space tech accelerator releases details of its newest Space Camp cohort

TechCrunch

Description: “4pi Lab is developing a Low-Earth Orbit (LEO) satellite constellation providing real-time, wildfire detection, monitoring and reporting. Kinnami has created a unique storage and security system, ‘AmiShare’, which fragments and encrypts data. This addresses Counter-space and Mission opportunities.”

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

TechCrunch

Founders and investors have started to look for opportunities to conserve, and even enhance, the ocean’s resources rather than exploit them. Because the oceans take up so much of the planet and the space is relatively uncharted, there are plenty of opportunities for investors to find niches ripe with financial and environmental upsides.

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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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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.