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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. It also plans to soon offer embedded finance products. And in January, fulfillment is up 20% compared to November of 2021. Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. So, just how does it work?

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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

Mage , developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 While collaborating with product developers, Dang and Wang saw that while product developers wanted to use AI, they didn’t have the right tools in which to do it without relying on data scientists.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing. Conversational commerce, a term coined by former Uber employee Chris Messina in 2015 , enables online businesses to sell their products and services through messaging and chat apps like WhatsApp and Facebook Messenger.

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Awak Technologies Raises Over $20M in Series B Funding for Home Dialysis Innovation

AsiaTechDaily

This achievement also enables the miniaturization of the dialysis machine to a size that can be conveniently carried in a small bag. The company aims to refine its ultra-portable peritoneal dialysis (PD) device, gearing it up for the impending final pivotal trial in the United States, scheduled for 2025.

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South Korean financial super app Toss closes $405M Series G as valuation rises 7%

TechCrunch

Viva Republica, an operator of South Korean finance super app Toss , has finalized a $405 million Series G funding and it says it is now valued at 9.1 Profitability would also go a long in enabling the company — which is eyeing a potential initial public offering in the near term — to do so successfully.) . billion (8.5

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

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. 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. billion by 2025.

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Jetstream, a Ghanaian e-logistics platform for Africa’s B2B importers and exporters, takes in $13M equity, debt

TechCrunch

The market for cross-border logistics services is said to hit revenues of $32 billion by 2025, with several companies vying for market share in the ever-growing competitive industry. We simplified our business into just the import-export product line by directly them with a combination of trade financing and logistics.”.