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SG’s Equatorial Space bags $1.5m in Seed funding

AsiaTechDaily

The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions. in Seed funding first appeared on AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. The round was also joined by SEEDS Capital and Masik Enterprises.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. The post Komunal secures $8.5m

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Together raises $20M to build open source generative AI models

TechCrunch

There’s scores of competition, including incumbents like OpenAI and Anthropic. Prakash previously founded social media search platform Topsy, which was acquired in 2013 by Apple, where he later became a senior director. ” He has a point — insofar as incumbents are feeling the pressure, at least.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

“However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. Lambert served as Director at Google’s Area 120, where he led the division’s sustainability investments. We’re developing heat pumps that are better than any HVAC system of any kind.

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Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M

TechCrunch

Basically, it’s Uber’s attempt to follow the Instacart model, which is working well for the incumbent grocery delivery company,” she reports. To learn more about the opportunities they’re chasing and to discover how climate change is shaping their investment thesis, he surveyed: Daniela V. Sound the alarm : The U.S.

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. 10 VCs say interactivity, regulation and independent creators will reshape digital media in 2021. Image Credits: Aleksandar Nakic (opens in a new window) / Getty Images.

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Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

TechCrunch

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. Amplify was another payment platform that launched during that period. Nigerian fintech startup OneFi acquires payment company Amplify.

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