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Social AI Platform Chai reaches 100M+ Chats, Strategic CoreWeave investment announced

American Entrepreneurship

But the race is on, and the social AI platform Chai feels they are right in the mix to succeed. Those who submit a model are compared against other teams, providing a community-based evaluation method, creating an accelerating community of Artificial General Intelligence (AGI). Chai currently offers $1 million in cash prizes.

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QED Investors hires Gbenga Ajayi as partner to focus on investments in Africa

TechCrunch

He will focus on Africa investments as part of QED’s international team. TechCrunch reported that Fund VII, made up of a $550 million early-stage fund and a $500 million growth-stage fund, will be used to back “fintech companies primarily in the U.S., Today’s announcement adds Africa to the mix.

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Need money? Read this!

Berkonomics

It might be useful to list some of the ways in which you can raise money for growth with and without outside investors. Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds.

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Hydration brand Cure mixes new funding into its growth plans

TechCrunch

It’s been a hot minute since TechCrunch checked in on the brand — almost three years, actually — which is carving out a unique niche in the $10 billion functional drink mix market that founder and CEO Lauren Picasso told TechCrunch has “exploded” in the past 12 months. but we are using much better ingredients.

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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

TechCrunch

Led by bp ventures, the investing arm of oil and gas giant bp , the round also includes BGF, safety equipment maker Halma, pension fund HostPlus, IP Group, Tencent, Venture Science and funds advised by Doxa Partners. If you go to mines or ports, you can see vehicles in use already,” he said.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

Indeed, the Italian Ministry of Economic Development and the Italian Trade & Investment Agency in London have even been known to fund Italian entrepreneurs abroad to help them gain more experience. This has seven different funds under management, including a VC fund-of-funds, “Series A/B matching” funds and acceleration funds.

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How to Grow from $1M to $2M ARR

Entrepreneur's Handbook

Battle-tested strategies and tactics I used to reach $2M ARR. It’s a pivotal phase where your initial success is tested, and your strategies for growth are pushed to their limits. It took years for me to reach $1M ARR , and when I did, things started to accelerate — but it was not by accident!