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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor. In response, AppHarvest has plans to launch 12 large-scale greenhouses by 2025. Anna Mason serves on the board of APPH. and should?—?be

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Nigerian startup Klasha gets an additional $2.1M for its cross-border commerce play

TechCrunch

The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. This investment is AMEX Ventures’ first in an African startup.

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Pull Systems launches out of Up.Labs-Porsche partnership to tackle EV performance

TechCrunch

When Porsche partnered with venture studio UP.Labs , the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. Porsche is its first corporate partner.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities.

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Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

TechCrunch

The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. Co-founders Allison Campbell and Sebastian Monroy started the company in 2018 and say Zubale means “jump on board or rise up” in Spanish.

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ConverseNow is targeting restaurant drive-thrus with new $15M round

TechCrunch

million seed round, the company is back with a cash infusion of $15 million in Series A funding in a round led by Craft Ventures. billion by 2025, according to Grand View Research. One year after voice-based AI technology company ConverseNow raised a $3.3 This new investment brings ConverseNow’s total funding to $18.3

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India’s HealthPlix raises $22M to accelerate growth and enhance healthcare delivery

TechCrunch

It aims to serve over 25,000 doctors by 2024 and reach 50,000 by 2025 to treat nearly 15% of the Indian population. Of the total number of doctors on board, 70% are outside metro cities, HealthPlix said. Founded in 2017, the startup has already empowered more than 10,000 doctors who treat 2.5% to 3x next year.